Tentmaker Reports

Swaziland Report

Entrepreneurial Missions Index


General Information


1,249,514 (146th most populous country in the world)

Roman Catholic20%


Coal, wood pulp, sugar, soft drink concentrates, textiles and apparel

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 Swaziland, visit https://www.cia.gov/library/publications/the-world-factbook/geos/sz.html.

Business Information

The World Bank ranks Swaziland as 111 out of 183 economies in terms of ease of doing business. The country ranks as 160 (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 Swaziland.

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

  1. Reserve name at the company registry
  2. Pay fee for reserving a name
  3. Obtain tax clearance for company directors
  4. Pay registration fee at revenue office
  5. Preparation of articles of association and memorandum by a lawyer
  6. Registration with the Company Registrar
  7. Request trading license from the Ministry of Enterprise and Employment
  8. Pay trading license fee
  9. Obtain bank statement
  10. Obtain company tax identification
  11. Certificate of inspection by health department or city council
  12. Register workers with Provident Fund
  13. Enroll workers in worker’s compensation insurance

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 Swaziland, visit http://www.doingbusiness.org/.



Swaziland Economic Freedom

The annual survey Economic Freedom of the World is an indicator produced by the Fraser Institute, a libertarian think tank which attempts to measure the degree of economic freedom in the world's nations. Economic Freedom of the World index has been more widely used than any other measure of economic freedom, because of its coverage of a longer time period

Their measure of economic freedom is based on that the following standards:

  • Personal choice rather than collective choice,
  • Voluntary exchange coordinated by markets rather than allocation via the political process,
  • Freedom to enter and compete in markets, and
  • Protection of persons and their property from aggression by others.

A state will rate high when it focuses on protection of people and their property from the actions of aggressors, enforcement of contracts, and provision of the limited set of public goods like roads, flood control projects, and money of stable value and little else, but a country’s rating on the EFW summary index will fall as government expenditures increase and regulations expand.   


Swaziland 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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