St. Kitts and Nevis - Ease of doing business

Time to obtain an electrical connection (days)

Definition: The average wait, in days, experienced to obtain an electrical connection from the day an establishment applies for it to the day it receives the service.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2010 15.70

Power outages in firms in a typical month (number)

Definition: Power outages are the average number of power outages that establishments experience in a typical month.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2010 4.20

Firms experiencing electrical outages (% of firms)

Definition: Percent of firms experiencing electrical outages during the previous fiscal year.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2010 94.00

Time required to get electricity (days)

The value for Time required to get electricity (days) in St. Kitts and Nevis was 18.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 18.00 in 2019 and a minimum value of 18.00 in 2009.

Definition: Time required to get electricity is the number of days to obtain a permanent electricity connection. The measure captures the median duration that the electricity utility and experts indicate is necessary in practice, rather than required by law, to complete a procedure.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

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Year Value
2009 18.00
2010 18.00
2011 18.00
2012 18.00
2013 18.00
2014 18.00
2015 18.00
2016 18.00
2017 18.00
2018 18.00
2019 18.00

Firms visited or required meetings with tax officials (% of firms)

Definition: Percent of firms that were visited or required to meet with tax officials.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2010 72.50

Firms that spend on R&D (% of firms)

Definition: Percent of firms that spend on research and development.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2010 30.20

Firms experiencing losses due to theft and vandalism (% of firms)

Definition: Percent of firms experiencing losses due to theft, robbery, vandalism or arson that occurred on the establishment's premises.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2010 49.00

Firms expected to give gifts in meetings with tax officials (% of firms)

Definition: Firms expected to give gifts in meetings with tax officials is the percentage of firms that answered positively to the question "was a gift or informal payment expected or requested during a meeting with tax officials?"

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2010 0.000

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in St. Kitts and Nevis was 11.20 as of 2019. Its highest value over the past 14 years was 11.30 in 2013, while its lowest value was 11.20 in 2014.

Definition: Labor tax and contributions is the amount of taxes and mandatory contributions on labor paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

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Year Value
2005 11.30
2006 11.30
2007 11.30
2008 11.30
2009 11.30
2010 11.30
2011 11.30
2012 11.30
2013 11.30
2014 11.20
2015 11.20
2016 11.20
2017 11.20
2018 11.20
2019 11.20

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in St. Kitts and Nevis was 8.00 as of 2019. Its highest value over the past 14 years was 8.40 in 2012, while its lowest value was 8.00 in 2013.

Definition: Other taxes payable by businesses include the amounts paid for property taxes, turnover taxes, and other small taxes such as municipal fees and vehicle and fuel taxes.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

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Year Value
2005 8.20
2006 8.20
2007 8.40
2008 8.40
2009 8.40
2010 8.40
2011 8.40
2012 8.40
2013 8.00
2014 8.00
2015 8.00
2016 8.00
2017 8.00
2018 8.00
2019 8.00

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in St. Kitts and Nevis was 30.50 as of 2019. Its highest value over the past 14 years was 32.80 in 2011, while its lowest value was 30.50 in 2014.

Definition: Profit tax is the amount of taxes on profits paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 32.80
2006 32.80
2007 32.80
2008 32.80
2009 32.80
2010 32.80
2011 32.80
2012 32.20
2013 32.30
2014 30.50
2015 30.50
2016 30.50
2017 30.50
2018 30.50
2019 30.50

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment