Tentmaker Reports

Burundi Report

Entrepreneurial Missions Index


General Information


10,162,532 (79th most populous country in the world)

Indigenous Beliefs23%


Light consumer goods such as blankets, shoes, soap, assembly of imported components, public works construction, food processing

Unless otherwise noted, all information included here was obtained from the World Factbook project 4, conducted by the Central Intelligence Agency (CIA). For more detailed information about Burundi, visit https://www.cia.gov/library/publications/the-world-factbook/geos/bi.html.

Business Information

The World Bank ranks Burundi as 150 out of 183 economies in terms of ease of doing business. The country ranks as 99 (of 183) in terms of ease of starting a business.

It requires 0 procedures, takes 0 days, and costs N/A% of income per capita to start a business in Burundi.

In order to start a business in Burundi, one must follow these procedures:

  1. Draft and notarize the articles of association by a notary
  2. Deposit the legally required initial capital in a bank and obtain deposit evidence
  3. Publication in legal journal
  4. Procurement of two extracts from the criminal record of the first directors in preparation to the registration formalities with the Commercial Registry
  5. Registration with the Commercial Registry
  6. Registration of the Company with the Department of Taxation
  7. Registration of the Company with the Municipality of Bujumbura
  8. Registration of the Company with the Ministry of Trade and Industry
  9. Registration of the Company with the Ministry of Labor, Department of Work Inspection
  10. Registration of the Company with the National Institute for Social Security
  11. Make a company seal

Unless otherwise noted, all information included here was obtained from the Doing Business project 3, conducted by the World Bank. For more detailed information about starting a business in Burundi, visit http://www.doingbusiness.org/.


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Burundi Economic Freedom

The World Economic Forum (WEF) was founded in 1971 by Klaus Martin Schwab at the University of Geneva in Switzerland.  It is a non-profit foundation best known for its annual meeting in Davos, Switzerland, which brings together top business leaders, international political leaders, selected intellectuals and journalists to discuss both economic and social issues facing the world.  The WEF also serves as a think tank, and publishes a wide range of reports focusing on issues of concern and importance to Forum communities. In particular, Strategic Insight Teams focus on producing reports of relevance in the fields of competitiveness, global risks and scenario thinking.  The Global Competitiveness Report measures competitiveness of countries and economic competitiveness among a wide range of factors such as corruption, tax rates, work ethic, and many others.
1A General government consumption spending as a percentage of total consumption 3.5
Area 1-A Data 28.1
1B Transfers and subsidies as a percentage of GDP 9.4
Area 1-B Data 2.6
1C Government enterprises and investment 0
Area 1-C Data 83.7
1Di Top marginal income tax rate 0
Area 1-Di Data 0
1Dii Top marginal income and payroll tax rates 0
Area 1-Dii Data 0
1D Top marginal tax rate 0
1 Size of Government: Expenditures, Taxes, and Enterprises 4.3
2A Judicial independence (GCR) 1.8
2B Impartial courts (GCR) 2.6
2C Protection of property rights (GCR) 3.6
2D Military interference in rule of law and the political process (CRG) 2.5
2E Integrity of the legal system (CRG) 0
2F Legal enforcement of contracts (DB) 2.7
2G Regulatory restrictions on the sale of real property (DB) 4.7
2 Legal Structure and Security of Property Rights 3
3A Money growth 7.7
Area 3-A Data 11.7
3B Standard deviation of inflation 8
Area 3-B Data 5.07
3C Inflation: Most recent year 8.3
Area 3-C Data 8.34
3D Freedom to own foreign currency bank accounts 10
3 Access to Sound Money 8.5
4Ai Revenues from trade taxes (% of trade sector) 1.1
Area 4-A(i) Data 13.3
4Aii Mean tariff rate 7.5
Area 4-A(ii) Data 12.7
4Aiii Standard deviation of tariff rates 6.2
Area 4-A(iii) Data 9.4
4A Taxes on international trade 4.9
4Bi Non-tariff trade barriers (GCR) 4.8
4Bii Compliance cost of importing and exporting (DB) 1.8
4B Regulatory Trade Barriers 3.3
4C Size of the trade sector relative to expected 3.6
4D Black-market exchange rates 10
4Ei Foreign ownership/investment restrictions (GCR) 5.2
4Eii Capital Controls 1.5
4E International Capital Market Controls 3.4
4 Freedom to Trade Internationally 5
5Ai Ownership of banks 8
5Aii Foreign bank competition 8
5Aiii Private sector credit 8.4
5Aiv Interest rate controls/negative real interest rates 10
5A Credit Market Regulations 8.6
5Bi Minimum wage (DB) 7.3
5Bii Hiring and firing regulations (GCR) 4.5
5Biii Centralized collective bargaining (GCR) 8
5Biv Mandated cost of hiring (DB) 7.9
5Bv Mandated cost of worker dismissal (DB) 7.6
5Bvi Conscription 10
5B Labor Market Regulations 7.5
5Ci Price controls 4
5Cii Administrative requirements (GCR) 3.5
5Ciii Bureaucracy costs (GCR) 6.5
5Civ Starting a business (DB) 6.4
5Cv Extra payments/bribes (GCR) 3.3
5Cvi Licensing restrictions (DB) 0
5Cvii Cost of tax compliance (DB) 8.4
5C Business Regulations 4.6
5 Regulation of Credit, Labor, and Business 6.9
Rank c 130

Burundi Summary


1 World Economic Forum

2 Free the World
Gwartney, James and Robert Lawson with Herbert Grubel, Jakob de Haan, Jan-Egbert Sturm, and Eelco Zandberg (2009). Economic Freedom of the World: 2009 Annual Report. Vancouver, BC: The Fraser Institute. Data retrieved from www.freetheworld.com.

3 World Bank Data

4 World Factbook Project

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