Starting a business, minimum capital (% of income per capita) - Doing business - Development outcomes - African Development Indicators
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The paid-in minimum capital requirement reflects 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 country’s income per capita. The amount is typically specified in the commercial code or the company law. Many countries have a minimum capital requirement but allow businesses to pay only a part of it before registration, with the rest to be paid after the first year of operation. For more information, visit http://www.doingbusiness.org/MethodologySurveys/. Source: World Bank, Doing Business project (http://www.doingbusiness.org/).
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