Kano

Ease of Doing Business in

Kano - Nigeria

This page summarizes Subnational Doing Business data for Kano. The first table shows its rank among 37 cities/regions in Nigeria. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region Sub-Saharan Africa
Income Category Lower middle income
Population 168,833,776
GNI Per Capita (US$) 1,430.00
Ease of Doing Business Rank among 37 cities in Nigeria Top city in Nigeria
8 Jigawa
Topic Rankings Rank among 37 cities in Nigeria Top city in Nigeria
Starting a Business 26 FCT
Dealing with Construction Permits 3 Jigawa
Registering Property 4 Gombe
Enforcing Contracts 23 Katsina

Subnational Data


Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

Indicator Kano Sub-Saharan Africa OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

View methodology
Procedures (number)
9 8 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

View methodology
Time (days)
38.0 29.7 11.1

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

View methodology
Cost (% of income per capita)
77.8 67.4 3.6

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

View methodology
Paid-in Min. Capital (% of income per capita)
0.0 125.7 10.4
No. Procedure Time to Complete Associated Costs
1 Check the availability of company’s name with the Corporate Affairs Commission (CAC) 2 days NGN 200
2 Prepare the requisite incorporation documents and pay the stamp duty 7 days NGN 13,098 (stamp duty at 0.75% of share capital + NGN 1,000 for extra stamped copy of memorandum and articles of association + NGN 500 for incorporation forms)
3 Declaration of Compliance (Form CAC 4) signed before a Commissioner for Oaths or notary public 1 day NGN 50
4 Pay incorporation fees to the Corporate Affairs Commission at a designated bank 1 day NGN 27,000 (NGN 10,000 incorporation fees for the first 1,000,000 share capital + NGN 10,000 each additional 1,000,000 share capital or less thereof + NGN 3,000 for certified true copy of memorandum and articles of association + NGN 2,000 for certified true copy of particulars of directors + NGN 2,000 for certified true copy of particulars of shareholders)
5 Register the company with the Corporate Affairs Commission 18 days NGN 60,000 (legal fees)
6 Register with the integrated Tax Office of the Federal Board of Inland Revenue for income tax and VAT 5 days No cost
* 7 Register for personal income tax PAYE at the State Tax Office 2 days No cost
8 Receive an inspection from the Ministry of Commerce and Industry for business premises registration 1 day No cost
9 Obtain a business premises permit from the state’s Ministry of Commerce and Industry 3 days NGN 20,000
* Takes place simultaneously with another procedure.

Subnational Data


Close