Vanuatu - Ease of doing business

New business density (new registrations per 1,000 people ages 15-64)

New business density (new registrations per 1,000 people ages 15-64) in Vanuatu was 1.53 as of 2018. Its highest value over the past 12 years was 1.53 in 2018, while its lowest value was 0.17 in 2009.

Definition: New businesses registered are the number of new limited liability corporations registered in the calendar year.

Source: World Bank's Entrepreneurship Survey and database (http://www.doingbusiness.org/data/exploretopics/entrepreneurship).

See also:

Year Value
2006 0.43
2007 0.57
2008 0.51
2009 0.17
2010 0.64
2011 0.53
2012 0.49
2013 0.36
2014 0.58
2015 0.54
2016 0.81
2017 1.02
2018 1.53

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
2009 15.30

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
2009 1.60

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/).

See also:

Year Value
2009 74.10

Time required to get electricity (days)

The value for Time required to get electricity (days) in Vanuatu was 120.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 255.00 in 2011 and a minimum value of 120.00 in 2012.

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 255.00
2010 255.00
2011 255.00
2012 120.00
2013 120.00
2014 120.00
2015 120.00
2016 120.00
2017 120.00
2018 120.00
2019 120.00

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/).

See also:

Year Value
2009 75.20

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
2009 60.40

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
2009 4.60

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Vanuatu was 4.50 as of 2019. Its highest value over the past 14 years was 4.50 in 2019, while its lowest value was 4.50 in 2005.

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/).

See also:

Year Value
2005 4.50
2006 4.50
2007 4.50
2008 4.50
2009 4.50
2010 4.50
2011 4.50
2012 4.50
2013 4.50
2014 4.50
2015 4.50
2016 4.50
2017 4.50
2018 4.50
2019 4.50

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Vanuatu was 4.00 as of 2019. Its highest value over the past 14 years was 4.00 in 2019, while its lowest value was 3.90 in 2005.

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/).

See also:

Year Value
2005 3.90
2006 3.90
2007 3.90
2008 3.90
2009 3.90
2010 3.90
2011 3.90
2012 3.90
2013 4.00
2014 4.00
2015 4.00
2016 4.00
2017 4.00
2018 4.00
2019 4.00

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Vanuatu was 0.000 as of 2019. Its highest value over the past 14 years was 0.000 in 2019, while its lowest value was 0.000 in 2005.

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 0.000
2006 0.000
2007 0.000
2008 0.000
2009 0.000
2010 0.000
2011 0.000
2012 0.000
2013 0.000
2014 0.000
2015 0.000
2016 0.000
2017 0.000
2018 0.000
2019 0.000

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment