Tentmaker Reports

Congo, Rep. Report

Entrepreneurial Missions Index

44.3

General Information

Population

4,394,334 (115th most populous country in the world)

RELIGIONS
Christian50%
Animist48%
Muslim2%
LANGUAGES
French
Lingala
Monokutuba
Local Dialects

Industries

Petroleum extraction, cement, lumber, brewing, sugar, palm oil, soap, flour, cigarettes

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 Congo, Rep., visit https://www.cia.gov/library/publications/the-world-factbook/geos/cg.html.

Business Information

The World Bank ranks Congo, Rep. as 179 out of 183 economies in terms of ease of doing business. The country ranks as 179 (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 Congo, Rep..

In order to start a business in Congo, Rep., one must follow these procedures:

  1. Deposit the legally required capital in a bank and obtain the deposit evidence
  2. Draft and notarize the articles of association with the public notary
  3. Register articles of association with tax authorities
  4. Obtain extracts of criminal record of the company manager
  5. Register articles of association with the commercial registrar at the Clerk’s Office of the Court
  6. Register with the Centre des Formalites des Entreprises
  7. Register with the tax authorities
  8. Publish the notice of company formation in a legal journal
  9. Notify the Ministry of Labor (ONEMO) of the start of operations
  10. Register with the Social Security Authorities

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 Congo, Rep., visit http://www.doingbusiness.org/.

 

To learn more...

 

Congo, Rep. 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.
 

Congo, Rep. 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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