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TUSHABE KARIM, Coordinator Doing Business Unit, RDB Swaziland 29th May, 2012
PRESENTATION OUTLINE
Rwandas performance in DB ranking Starting business before reforms Starting business with reforms Establishing a one stop center Challenges Lessons to share
150
71 125 102 138 141 168 54 170
143
64 89 113 59 147 171 58 171
67
11 89 30 38 61 27 60 170
58
9 82 -
45
8 84 -
Getting Electricity
Registering property Getting credit Protecting Investors Paying Taxes Trading Across Borders
51
41 32 28 43 159
50
61 8 29 19 155
Enforcing Contracts
Closing a Business
46
178
48
181
40
183
39
183
39
165
Reforms introduced
Introduction of new Company Law, 2009. Creation of Office of the Registrar General Elimination of requirements of mandatory statutes, public notary services, different payment locations Introduction of consolidated forms Removal of mandatory publishing of statutes Introduction of flat fees for registration
Reforms contd
Introduction of free online registration services Reducing time from 24 to only 6 hours of registration Reducing all procedures to only two and costs to only 25 USD for those who want to pay. Abolition of minimum capital Removal of number of shareholders.
COMPOSITION OF A OSC
Business registration Investment registration Immigration services ( work permits & visas) Rwanda Revenue Authority ( customs) Environmental Impact Assessment (EIA) Utility provider ( water & electricity) Public notary Payment point for RRA
Challenges
Mindset of the people Communication Conflicting institutions
Lessons to share
High level commitment of the leadership Detailed organisation Working on timelines Learning from best practices Readiness to reform boldly and broadly Engaging private sector at all levels
THANK YOU