Economy Profile - World Bank · Economy Profile of Fiji Doing Business 2020 Indicators (in order of...

Economy Profile

Fiji

FijiDoing Business 2020

Economy Profile of Fiji

Doing Business 2020 Indicators(in order of appearance in the document)

Starting a business Procedures, time, cost and paid-in minimum capital to start a limited liability company

Dealing with construction permits Procedures, time and cost to complete all formalities to build a warehouse and the quality control and safetymechanisms in the construction permitting system

Getting electricity Procedures, time and cost to get connected to the electrical grid, and the reliability of the electricity supply and thetransparency of tariffs

Registering property Procedures, time and cost to transfer a property and the quality of the land administration system

Getting credit Movable collateral laws and credit information systems

Protecting minority investors Minority shareholders’ rights in related-party transactions and in corporate governance

Paying taxes Payments, time, total tax and contribution rate for a firm to comply with all tax regulations as well as postfilingprocesses

Trading across borders Time and cost to export the product of comparative advantage and import auto parts

Enforcing contracts Time and cost to resolve a commercial dispute and the quality of judicial processes

Resolving insolvency Time, cost, outcome and recovery rate for a commercial insolvency and the strength of the legal framework forinsolvency

Employing workers Flexibility in employment regulation and redundancy cost


About Doing Business

The project provides objective measures of business regulations and their enforcement across 190 economies and selected cities at the subnational andregional level.

Doing Business

The project, launched in 2002, looks at domestic small and medium-size companies and measures the regulations applying to them through their lifecycle.

Doing Business

captures several important dimensions of the regulatory environment as it applies to local firms. It provides quantitative indicators on regulation forstarting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading acrossborders, enforcing contracts and resolving insolvency. also measures features of employing workers. Although does not present rankingsof economies on the employing workers indicators or include the topic in the aggregate ease of doing business score or ranking on the ease of doing business, it doespresent the data for these indicators.

Doing Business

Doing Business Doing Business

By gathering and analyzing comprehensive quantitative data to compare business regulation environments across economies and over time, encourageseconomies to compete towards more efficient regulation; offers measurable benchmarks for reform; and serves as a resource for academics, journalists, private sectorresearchers and others interested in the business climate of each economy.

Doing Business

In addition, offers detailed , which exhaustively cover business regulation and reform in different cities and regions within a nation.These studies provide data on the ease of doing business, rank each location, and recommend reforms to improve performance in each of the indicator areas. Selectedcities can compare their business regulations with other cities in the economy or region and with the 190 economies that has ranked.

Doing Business subnational studies

Doing Business

The first study, published in 2003, covered 5 indicator sets and 133 economies. This year’s study covers 11 indicator sets and 190 economies. Mostindicator sets refer to a case scenario in the largest business city of each economy, except for 11 economies that have a population of more than 100 million as of 2013(Bangladesh, Brazil, China, India, Indonesia, Japan, Mexico, Nigeria, Pakistan, the Russian Federation and the United States) where also collected datafor the second largest business city. The data for these 11 economies are a population-weighted average for the 2 largest business cities. The project has benefited fromfeedback from governments, academics, practitioners and reviewers. The initial goal remains: to provide an objective basis for understanding and improving theregulatory environment for business around the world.

Doing Business

Doing Business

To learn more about please visitDoing Business doingbusiness.org


http://www.doingbusiness.org/en/reports/subnational-reports

http://doingbusiness.org/

Ease of Doing Business in

FijiRegion East Asia & Pacific

Income Category Upper middle income

Population 883,483

City Covered Suva

102

DB RANK DB SCORE

61.5

Rankings on Doing Business topics - Fiji

163

102 97

57

165

97 101

79

101 98

Startinga

Business

Dealingwith

ConstructionPermits

GettingElectricity

RegisteringProperty

GettingCredit

ProtectingMinorityInvestors

PayingTaxes

TradingacrossBorders

EnforcingContracts

ResolvingInsolvency

Topic Scores

73.6 67.8 72.8 71.9 25.0 54.0 71.1 77.9 57.1 43.8

(rank)Starting a Business 163Score of starting a business (0-100) 73.6Procedures (number) 11Time (days) 40Cost (number) 14.5Paid-in min. capital (% of income per capita) 0.0

(rank)Dealing with Construction Permits 102Score of dealing with construction permits (0-100) 67.8Procedures (number) 15Time (days) 141Cost (% of warehouse value) 0.5Building quality control index (0-15) 7.0

(rank)Getting Electricity 97Score of getting electricity (0-100) 72.8Procedures (number) 4Time (days) 81Cost (% of income per capita) 1,191.4Reliability of supply and transparency of tariff index (0-8) 4

(rank)Registering Property 57Score of registering property (0-100) 71.9Procedures (number) 4Time (days) 69Cost (% of property value) 3.0Quality of the land administration index (0-30) 19.5

(rank)Getting Credit 165Score of getting credit (0-100) 25.0Strength of legal rights index (0-12) 5Depth of credit information index (0-8) 0Credit registry coverage (% of adults) 0.0Credit bureau coverage (% of adults) 0.0

(rank)Protecting Minority Investors 97Score of protecting minority investors (0-100) 54.0Extent of disclosure index (0-10) 2.0Extent of director liability index (0-10) 8.0Ease of shareholder suits index (0-10) 7.0Extent of shareholder rights index (0-6) 4.0Extent of ownership and control index (0-7) 3.0Extent of corporate transparency index (0-7) 3.0

(rank)Paying Taxes 101Score of paying taxes (0-100) 71.1Payments (number per year) 38Time (hours per year) 247Total tax and contribution rate (% of profit) 32.1Postfiling index (0-100) 81.6

(rank)Trading across Borders 79Score of trading across borders (0-100) 77.9Time to export

Documentary compliance (hours) 56Border compliance (hours) 56Cost to export

Documentary compliance (USD) 76Border compliance (USD) 317Time to export

Documentary compliance (hours) 34Border compliance (hours) 35Cost to export

Documentary compliance (USD) 58Border compliance (USD) 320

(rank)Enforcing Contracts 101Score of enforcing contracts (0-100) 57.1Time (days) 397Cost (% of claim value) 42.6Quality of judicial processes index (0-18) 7.5

(rank)Resolving Insolvency 98Score of resolving insolvency (0-100) 43.8Recovery rate (cents on the dollar) 46.5Time (years) 1.8Cost (% of estate) 10.0Outcome (0 as piecemeal sale and 1 as goingconcern)

0

Strength of insolvency framework index (0-16) 6.0


Starting a Business

This topic measures the number of procedures, time, cost and paid-in minimum capital requirement for a small- to medium-sized limited liability company to start up andformally operate in each economy’s largest business city.

To make the data comparable across 190 economies, uses a standardized business that is 100% domestically owned, has start-up capital equivalent to10 times the income per capita, engages in general industrial or commercial activities and employs between 10 and 50 people one month after the commencement ofoperations, all of whom are domestic nationals. Starting a Business considers two types of local limited liability companies that are identical in all aspects, except that onecompany is owned by 5 married women and the other by 5 married men. The ranking of economies on the ease of starting a business is determined by sorting theirscores for starting a business. These scores are the simple average of the scores for each of the component indicators.

Doing Business

The most recent round of data collection for the project was completed in May 2019. .See the methodology for more information

What the indicators measure

Procedures to legally start and formally operate a company(number)

Preregistration (for example, name verification or reservation,notarization)

•

Registration in the economy’s largest business city•Postregistration (for example, social security registration,company seal)

•

Obtaining approval from spouse to start a business or to leavethe home to register the company

•

Obtaining any gender specific document for companyregistration and operation or national identification card

•

Time required to complete each procedure (calendar days)

Does not include time spent gathering information•Each procedure starts on a separate day (2 procedures cannotstart on the same day)

•

Procedures fully completed online are recorded as ½ day•Procedure is considered completed once final document isreceived

•

No prior contact with officials•Cost required to complete each procedure (% of income percapita)

Official costs only, no bribes•No professional fees unless services required by law orcommonly used in practice

•

Paid-in minimum capital (% of income per capita)

• Funds deposited in a bank or with third party before registrationor up to 3 months after incorporation

Case study assumptions

To make the data comparable across economies, several assumptions about the business and theprocedures are used. It is assumed that any required information is readily available and that theentrepreneur will pay no bribes.

The business:

-Is a limited liability company (or its legal equivalent). If there is more than one type of limitedliability company in the economy, the limited liability form most common among domestic firms ischosen. Information on the most common form is obtained from incorporation lawyers or thestatistical office.-Operates in the economy’s largest business city. For 11 economies the data are also collected forthe second largest business city.-Performs general industrial or commercial activities such as the production or sale to the public ofgoods or services. The business does not perform foreign trade activities and does not handleproducts subject to a special tax regime, for example, liquor or tobacco. It is not using heavilypolluting production processes.-Does not qualify for investment incentives or any special benefits.-Is 100% domestically owned.-Has five business owners, none of whom is a legal entity. One business owner holds 30% of thecompany shares, two owners have 20% of shares each, and two owners have 15% of shareseach.-Is managed by one local director.-Has between 10 and 50 employees one month after the commencement of operations, all of themdomestic nationals.-Has start-up capital of 10 times income per capita.-Has an estimated turnover of at least 100 times income per capita.-Leases the commercial plant or offices and is not a proprietor of real estate.-Has an annual lease for the office space equivalent to one income per capita.-Is in an office space of approximately 929 square meters (10,000 square feet).-Has a company deed that is 10 pages long.

The owners:

-Have reached the legal age of majority and are capable of making decisions as an adult. If thereis no legal age of majority, they are assumed to be 30 years old.-Are in good health and have no criminal record.-Are married, the marriage is monogamous and registered with the authorities.-Where the answer differs according to the legal system applicable to the woman or man inquestion (as may be the case in economies where there is legal plurality), the answer used will bethe one that applies to the majority of the population.


http://www.doingbusiness.org/en/methodology/starting-a-business

Starting a Business - Fiji

Figure – Starting a Business in Fiji – Score

Procedures

41.2

Time

60.3

Cost

92.8

Paid-in min. capital

100.0

Figure – Starting a Business in Fiji and comparator economies – Ranking and Score

DB 2020 Starting a Business Score

0 100

92.6: Samoa (Rank: 46)

88.4: Marshall Islands (Rank: 83)

83.9: Regional Average (East Asia & Pacific)

80.1: Papua New Guinea (Rank: 142)

73.6: Fiji (Rank: 163)

100: New Zealand (Rank: 1)

Note: The ranking of economies on the ease of starting a business is determined by sorting their scores for starting a business. These scores are the simple average ofthe scores for each of the component indicators.

Standardized Company

Legal form Private Limited Liability Company

Paid-in minimum capital requirement No minimum

City Covered Suva

Indicator Fiji East Asia &Pacific

OECD highincome

Best RegulatoryPerformance

Procedure – Men (number) 11 6.5 4.9 1 (2 Economies)

Time – Men (days) 40 25.6 9.2 0.5 (New Zealand)

Cost – Men (% of income per capita) 14.5 17.4 3.0 0.0 (2 Economies)

Procedure – Women (number) 11 6.6 4.9 1 (2 Economies)

Time – Women (days) 40 25.7 9.2 0.5 (New Zealand)

Cost – Women (% of income per capita) 14.5 17.4 3.0 0.0 (2 Economies)

Paid-in min. capital (% of income per capita) 0.0 3.5 7.6 0.0 (120 Economies)


Figure – Starting a Business in Fiji – Procedure, Time and Cost

This symbol is shown beside procedure numbers that take place simultaneously with the previous procedure.*

Note: Online procedures account for 0.5 days in the total time calculation. For economies that have a different procedure list for men and women, the graph shows thetime for women. For more information on methodology, see the website ( ). For details on the proceduresreflected here, see the summary below.

Doing Business http://doingbusiness.org/en/methodology

Procedures (number)1 2 3 * 4 * 5 6 7 * 8 9 10 * 11

0

5

10

15

20

25

30

35

40

Tim

e (d

ays)

0

2

4

6

8

10

12

Cost

(% o

f inc

ome

per c

apita

)

Time (days) Cost (% of income per capita)


https://doingbusiness.org/en/methodology

Details – Starting a Business in Fiji – Procedure, Time and Cost

No. Procedures Time to Complete Associated Costs

1 Check the uniqueness of the proposed company name and reserve name: Registrar of Companies OfficeAgency

Company founders must first conduct a search of the Companies, Business Names, and TradeMarks Register to ensure that the name applied for is not confusingly similar (1–2 days).Computerized and manual search systems are both available. The Government of Fiji hasintroduced a website (www.egov.gov.fj) for all applications for name reservation to be made onlinein 2010. Hard copy applications are no longer accepted by the Registrar of Companies unless anonline application is made first.

Application fees for name reservation can be paid in person at the Registrar of Companies' Officeor via the online portal at www.egov.gov.fj. Only MasterCards and VISA cards are accepted. Oncethe payment is completed online, hard copies of the payment confirmation and the namereservation approval are required to be submitted to the Companies Registry.

If approved, the company name will be reserved for 30 days (with a one-time extension).Company incorporation documents must be lodged with the Registrar within this time.

4 days FJD 50 for namereservation + FJD 10 forcompany name search +VAT

2 Hire services of a lawyer to draft company documents: Lawyer or AccountantAgency

Fees may vary from FJD 1,000 to FJD 2,000. Although not require by the law, in most caseslawyers and/or accountants still prepare most of the documents necessary to register a company.

3 days FJD 1200

3 Register the company with the Registrar of Companies Office: Registrar of Companies OfficeAgency

Under the Companies Act 2015. The company is required to complete and lodge a Form A2(under section 20 of the Act) together with the required fee which is FJD 49.05 for privatecompanies.

Form A2 requires the company to provide details of the company, governance of the company,registered office, principal place of business, officeholders details, details of ultimate holdingcompany, share structure details, details of its members.

There is no longer a need for the company to have a Memorandum of Association under the 2015Companies Act. A company is only required to have Articles of Association. It may adopt thestandard articles from the Act or vary the standard articles provided in the Act.

The company is still required to have a local tax identification number which can be obtained fromthe Fiji Revenue and Customs Service in 1 day.

7 days FJD 45

4 Register for Tax Identification Number (TIN) with FRCS: Fiji Revenue & Customs Service (FRCS)Agency

To finish the registration process of a new business with the Registrar of Companies Officeentrepreneurs must obtain a Tax Identification Number (TIN) from FRCS. The procedure is asfollows:

1 - The person must visit the Registrar of Companies Office and fill the necessary form. TheRegistrar of Companies Office will stamp such form and will request the person to visit FRCS toobtain TIN.2 - At FRCS, the person must fill in the TIN registration Form. A copy of the preliminary documentssubmittedto the Companies Office must be attached to the TIN Registration Form. The preliminarydocument refers toforms lodged at Registrar of Companies Office and the Articles of Association.3 - The FRCS will issue a standard letter confirming the TIN.4 - The TIN must be supplied to the Registrar of Companies Office that will facilitate the issue ofthe Certificate of Registration.5 - The Registrar of Companies Office will send a copy of the Certificate of Registration to FRCSfor updating of taxpayer records.

1 day (simultaneous withprevious procedure)

no charge

5 Receive inspection by FRCS: Fiji Revenue & Customs Service (FRCS)Agency

By law, since December 2004, if VAT registration is required, the Fiji Revenue and CustomsService (FRCS) requires the inspection of the business premises. Since 2007, the inspection hasbeen the practice as FRCS inspects that there is a physical office during business hours.

1 day (simultaneous withprevious procedure)

no charge

6 Submit the TIN number to the Registrar of Companies Office to obtain the final Certificateof Registration

: Registrar of Companies OfficeAgencyNew businesses must submit their TIN number to Companies Registry to obtain their finalincorporation certificate.

1 day no charge


Takes place simultaneously with previous procedure.

7 Obtain the National Fire Authority Certificate (NFA) after inspection: National Fire AuthorityAgency

The entrepreneur must request the NFA for an inspection of the business premises. Once therequest has been made, the NFA officials will inspect the premises during opening hours of thebusiness. If the NFA is satisfied with the results of the inspection, it will then issue a compliancecertificate to the entrepreneur.

Upon receipt of the compliance certificate from the NFA, the entrepreneur must conduct a firesafety training for its staff. The training takes 3 days. NFA officers can, for a fee, teach fire safetypreventative and protection measures. The employees are trained to respond to a fire incident andhow to use the fire safety equipment installed in the workplace.

10 days FJD 50-150 (VATexcluded) depending onthe size of the business

8 Register for statutory training tax: Fiji National University (FNU)Agency

Statutory training tax is 1% of payroll. The submission of these documents is done by mail. TheNational Training and Productivity Authority at Fiji National University (FNU) will send the form bymail to the office of the new business. Once completed, the form will be mailed back to FNU.Statutory levy is 1% of payroll out of which the FNU Council is required to distribute 10% for in-service training of employees of levy payers, managing apprenticeship schemes, trade testing,productivity promotion and education and training in the national interest.

3 days (simultaneouswith previous procedure)

no charge

9 Obtain the compliance letter from the Ministry of Employment, Productivity and IndustrialRelations

: Ministry of Employment, Productivity and Industrial RelationsAgencySince November 2011, the OHS issues a letter of compliance to all type of businesses after aninspection of workers and non-workers in the workplace. In order to obtain this letter, theentrepreneur needs to submit:- NFA certificate- business registration certificate- TIN letter

Three days after submitting the documents, the OHS inspects the business and if all thecompliance requirements are met, the compliance letter is issued. The compliance letter thenneeds to be submitted to the Suva City Council in order to obtain the business license.

3 days FJD 70-150 (FJD 50 forinspection and FJD 2 peremployee)

10 Apply for a business license from the relevant licensing authority (Suva City Council): Suva City CouncilAgency

The company must obtain a business license from the relevant licensing authority for eachlocation it conducts business. This license is renewable annually. Depending on the activity, thefees range from FJD 4.37 to FJD 4,363.26 .

11 days Fees range from FJD 4.37to FJD 4,363.26depending on the activity

11 Register as an employer with the Fiji National Provident Fund: Fiji National Provident FundAgency

New businesses must register as an employer with the Fiji National Provident Fund.

11 days (simultaneouswith previous procedure)

no charge


Dealing with Construction Permits

This topic tracks the procedures, time and cost to build a warehouse—including obtaining necessary the licenses and permits, submitting all required notifications,requesting and receiving all necessary inspections and obtaining utility connections. In addition, the Dealing with Construction Permits indicator measures the buildingquality control index, evaluating the quality of building regulations, the strength of quality control and safety mechanisms, liability and insurance regimes, and professionalcertification requirements. The most recent round of data collection was completed in May 2019. See the methodology for more information


Procedures to legally build a warehouse (number)

Submitting all relevant documents and obtaining all necessaryclearances, licenses, permits and certificates

•

Submitting all required notifications and receiving all necessaryinspections

•

Obtaining utility connections for water and sewerage•Registering and selling the warehouse after its completion•


Does not include time spent gathering information•Each procedure starts on a separate day—though proceduresthat can be fully completed online are an exception to this rule

•

Procedure is considered completed once final document isreceived

•

No prior contact with officials•Cost required to complete each procedure (% of income percapita)

Official costs only, no bribes•Building quality control index (0-15)

Quality of building regulations (0-2)•Quality control before construction (0-1)•Quality control during construction (0-3)•Quality control after construction (0-3)•Liability and insurance regimes (0-2)•Professional certifications (0-4)•


To make the data comparable across economies, several assumptions about the constructioncompany, the warehouse project and the utility connections are used.

The construction company (BuildCo):

- Is a limited liability company (or its legal equivalent) and operates in the economy’s largestbusiness city. For 11 economies the data are also collected for the second largest business city.- Is 100% domestically and privately owned; has five owners, none of whom is a legal entity. Has alicensed architect and a licensed engineer, both registered with the local association of architectsor engineers. BuildCo is not assumed to have any other employees who are technical or licensedexperts, such as geological or topographical experts.- Owns the land on which the warehouse will be built and will sell the warehouse upon itscompletion.

The warehouse:

- Will be used for general storage activities, such as storage of books or stationery.- Will have two stories, both above ground, with a total constructed area of approximately 1,300.6square meters (14,000 square feet). Each floor will be 3 meters (9 feet, 10 inches) high and will belocated on a land plot of approximately 929 square meters (10,000 square feet) that is 100%owned by BuildCo, and the warehouse is valued at 50 times income per capita.- Will have complete architectural and technical plans prepared by a licensed architect. Ifpreparation of the plans requires such steps as obtaining further documentation or getting priorapprovals from external agencies, these are counted as procedures.- Will take 30 weeks to construct (excluding all delays due to administrative and regulatoryrequirements).

The water and sewerage connections:

- Will be 150 meters (492 feet) from the existing water source and sewer tap. If there is no waterdelivery infrastructure in the economy, a borehole will be dug. If there is no sewerageinfrastructure, a septic tank in the smallest size available will be installed or built.- Will have an average water use of 662 liters (175 gallons) a day and an average wastewater flowof 568 liters (150 gallons) a day. Will have a peak water use of 1,325 liters (350 gallons) a day anda peak wastewater flow of 1,136 liters (300 gallons) a day.- Will have a constant level of water demand and wastewater flow throughout the year; will be 1inch in diameter for the water connection and 4 inches in diameter for the sewerage connection.


http://www.doingbusiness.org/en/methodology/dealing-with-construction-permits

Dealing with Construction Permits - Fiji

Figure – Dealing with Construction Permits in Fiji – Score

Procedures

60.0

Time

66.9

Cost

97.5

Building quality control index

46.7

Figure – Dealing with Construction Permits in Fiji and comparator economies – Ranking and Score

DB 2020 Dealing with Construction Permits Score

0 100

86.5: New Zealand (Rank: 7)




67.8: Fiji (Rank: 102)


Note: The ranking of economies on the ease of dealing with construction permits is determined by sorting their scores for dealing with construction permits. These scoresare the simple average of the scores for each of the component indicators.

Standardized Warehouse

Estimated value of warehouse FJD 603,373.60

City Covered Suva


OECD highincome


Procedures (number) 15 14.8 12.7 None in 2018/19

Time (days) 141 132.3 152.3 None in 2018/19

Cost (% of warehouse value) 0.5 3.2 1.5 None in 2018/19

Building quality control index (0-15) 7.0 9.4 11.6 15.0 (6 Economies)


Figure – Dealing with Construction Permits in Fiji – Procedure, Time and Cost




Procedures (number)1 2 * 3 * 4 5 6 * 7 8 9 10 11 12 * 13 * 14 15

0

20

40

60

80

100

120

140

Tim

e (d

ays)

0

0.05

0.1

0.15

0.2

0.25

Cost

(% o

f war

ehou

se v

alue

)

Time (days) Cost (% of warehouse value)



Figure – Dealing with Construction Permits in Fiji and comparator economies – Measure of Quality

Fiji MarshallIslands

NewZealand

PapuaNew

Guinea

Samoa EastAsia&

Pacific

02468

10121416

Inde

x sc

ore

7.0

1.0

15.0

10.0

6.0

9.4

Details – Dealing with Construction Permits in Fiji – Procedure, Time and Cost


1 Obtain a set of design requirements and conditions of development: Suva City CouncilAgency

The design requirements include lodging the engineer certified structural drawings to the City orTown Council, to the National Fire Authority and to the Fiji Roads Authority (FRA). The approvalmust be in writing.

1 day no charge

2 Obtain project pre-approval from the National Fire Authority: National Fire Authority (NAF)Agency

4 copies of the building structural and architectural plans must be submitted. A form is completedby the architect (download from Internet) to request the approval of the safety structure of thebuilding. Payment is made by check, cash or direct deposit.Once the inspection is done, the architect will collect 3 copies, all duly stamped by the NFA. 1copy will be kept by NFA for their record.

21 days FJD 850

3 Obtain project pre-approval from the Department of Occupational Health and Safety (OHS): Department of Occupational Health and Safety (OHS)Agency

The cost is FJD 110.00 per hour of work. For the Doing Business case study, the agency wouldrequire 1 hour of work.

7 days FJD 110

4 Obtain project pre-approval from the Water Authority of Fiji: Water Authority of Fiji (WAF)Agency

In order to obtain the pre-approval of the Water Authority of Fiji, the applicant must submit a V3'New Connection Form' for a commercial property along with the following documents:Proof of ownership.Sketch MapCopy of business/ organization T.I.N letterCopy of business/ organization certificate (registration).Copy of plumbers licenses.Lodgment feeThe pre-approval is one of the requirements for the development permission from the Suva CityCouncil.

7 days no charge

5 Request and obtain development permission from the Suva City Council: Suva City CouncilAgency

This application, also known as the town planning form, must be accompanied by general buildingplans (three copies), specifications and detailed structural drawings (two copies), and the localityplan (three copies).

20 days FJD 18

6 Request and obtain building permit with the Suva City Council and pay building permit fee: Suva City CouncilAgency

The application should be accompanied by the development permission (three copies), the localityplan (one copy), building plans (three copies), specifications (two copies), and copy of title plan.The plans are reviewed by the following Suva City Council staff: a structural engineer, civilengineer, health department, and city planner.

The fee is paid at the time of permit application and is calculated on the project value: FJD 88.00for construction projects of up to FJD 20,000.00 plus FJD 2.20 for every FJD 1,000.00, or part ofthereof, in excess of FJD 20,000.

In theory, Suva City Council carries out Procedures 3 -- 5, but in most cases, to expedite theprocess, the applicant visits the relevant authorities in person.

60 days FJD 1,371

7 Submit the EIA screening application to the Department of Environment: Department of EnvironmentAgency

The form must have attached to it a locality plan sufficient to identify the land or premises to whichthe proposal relates and any other information, plans or drawings needed to describe theproposed development.

7 days FJD 250



8 Notify the Engineering Department of Suva City Council about completion of foundationwork and receive inspection

: Suva City Council (Engineering Department)AgencyThe inspection needs to be requested 1 day in advance and the inspectors come to inspect on thefollowing day. It does not delay the construction process.

1 day no charge

9 Notify the Engineering Department about setup of the structure and receive inspection: Suva City Council (Engineering Department)Agency

The inspection needs to be requested 1 day in advance and the inspectors come to inspect on thefollowing day. It does not delay the construction process.

1 day no charge

10 Notify the Engineering Department about completion of the roof and receive inspection: Suva City Council (Engineering Department)Agency

The inspection needs to be requested 1 day in advance and the inspectors come to inspect on thefollowing day. It does not delay the construction process.

1 day no charge

11 Notify the Engineering Department about completion of the project and receive inspection: Suva City Council (Engineering Department)Agency

1 day no charge

12 Receive final inspection from National Fire Authority: National Fire Authority (NAF)Agency

The NFA is notified by the architect one day before the final inspection is required. Inspections arecarried out on Tuesdays and Thursdays only. The NFA will issue a report that must be submittedwhen requesting the final inspection by the City Council. There is no cost for the final inspection.NFA will inspect the building on an annual basis.

5 days no charge

13Receive final inspection from local authority and obtain occupancy permit

: Local AuthorityAgencyBoth the Engineering and Health Department will inspect the warehouse after construction. Therequest is done by phone 24 hours prior to the visit. This inspection is required for the certificate ofcompletion. Several documents must be provided in order to receive the inspection report:1. A letter from the plumber certifying that the plumbing is done in accordance with the law2. Final report from the NFA3. Letter from the architect4. Letter from the electrician5. Letter from the engineer who designed the structural plans

3 days no charge

14Receive plumbing and sanitary inspection from Water Authority of Fiji (WAF)

: Water Authority of Fiji (WAF)AgencyThis inspection is carried out during construction. The plumber and electrician must be present onthe construction site, so that they can address any issues, if any.

1 day no charge

15 Obtain water and sewage connection from Water Authority of Fiji (WAF): Water Authority of Fiji (WAF)Agency

The cost cited here is for commercial real estate.

30 days FJD 446


Details – Dealing with Construction Permits in Fiji – Measure of Quality

Answer Score

Building quality control index (0-15) 7.0

Quality of building regulations index (0-2) 0.0

How accessible are building laws and regulations in your economy? (0-1) They must bepurchased; Not easilyaccessible.

0.0

Which requirements for obtaining a building permit are clearly specified in the building regulations or on anyaccessible website, brochure or pamphlet? (0-1)

List of requireddocuments; Fees tobe paid.

0.0

Quality control before construction index (0-1) 1.0

Which third-party entities are required by law to verify that the building plans are in compliance with existingbuilding regulations? (0-1)

Licensed engineer. 1.0

Quality control during construction index (0-3) 2.0

What types of inspections (if any) are required by law to be carried out during construction? (0-2) Inspections by in-house engineer;Inspections at variousphases.

1.0

Do legally mandated inspections occur in practice during construction? (0-1) Mandatoryinspections arealways done inpractice.

1.0

Quality control after construction index (0-3) 3.0

Is there a final inspection required by law to verify that the building was built in accordance with the approvedplans and regulations? (0-2)

Yes, final inspectionis done bygovernment agency;Yes, in-houseengineer submitsreport for finalinspection.

2.0

Do legally mandated final inspections occur in practice? (0-1) Final inspectionalways occurs inpractice.

1.0

Liability and insurance regimes index (0-2) 1.0

Which parties (if any) are held liable by law for structural flaws or problems in the building once it is in use(Latent Defect Liability or Decennial Liability)? (0-1)

No party is held liableunder the law.

0.0

Which parties (if any) are required by law to obtain an insurance policy to cover possible structural flaws orproblems in the building once it is in use (Latent Defect Liability Insurance or Decennial Insurance)? (0-1)

No party is requiredby law to obtaininsurance ; Insuranceis commonly taken inpractice.

1.0

Professional certifications index (0-4) 0.0

What are the qualification requirements for the professional responsible for verifying that the architectural plansor drawings are in compliance with existing building regulations? (0-2)

Being a registeredarchitect or engineer.

0.0

What are the qualification requirements for the professional who supervises the construction on the ground? (0-2)

Being a registeredarchitect or engineer.

0.0


Getting Electricity

This topic measures the procedures, time and cost required for a business to obtain a permanent electricity connection for a newly constructed warehouse. Additionally,the reliability of supply and transparency of tariffs index measures reliability of supply, transparency of tariffs and the price of electricity. The most recent round of datacollection for the project was completed in May 2019. .See the methodology for more information


Procedures to obtain an electricity connection (number)

Submitting all relevant documents and obtaining all necessaryclearances and permits

•

Completing all required notifications and receiving all necessaryinspections

•

Obtaining external installation works and possibly purchasingmaterial for these works

•

Concluding any necessary supply contract and obtaining finalsupply

•


Is at least 1 calendar day•Each procedure starts on a separate day•Does not include time spent gathering information•Reflects the time spent in practice, with little follow-up and noprior contact with officials

•

Cost required to complete each procedure (% of income percapita)

Official costs only, no bribes•Value added tax excluded•

The reliability of supply and transparency of tariffs index (0-8)

Duration and frequency of power outages (0–3)•Tools to monitor power outages (0–1)•Tools to restore power supply (0–1)•Regulatory monitoring of utilities’ performance (0–1)•Financial deterrents limiting outages (0–1)•Transparency and accessibility of tariffs (0–1)•

Price of electricity (cents per kilowatt-hour)*

Price based on monthly bill for commercial warehouse in casestudy

•

*Note: measures the price of electricity, but it isnot included in the ease of doing business score nor in the rankingon the ease of getting electricity.

Doing Business


To make the data comparable across economies, several assumptions about the warehouse, theelectricity connection and the monthly consumption are used.

The warehouse:

- Is owned by a local entrepreneur and is used for storage of goods.- Is located in the economy’s largest business city. For 11 economies the data are also collected forthe second largest business city.- Is located in an area where similar warehouses are typically located and is in an area with nophysical constraints. For example, the property is not near a railway.- Is a new construction and is being connected to electricity for the first time.- Has two stories with a total surface area of approximately 1,300.6 square meters (14,000 squarefeet). The plot of land on which it is built is 929 square meters (10,000 square feet).

The electricity connection:

- Is a permanent one with a three-phase, four-wire Y connection with a subscribed capacity of 140-kilo-volt-ampere (kVA) with a power factor of 1, when 1 kVA = 1 kilowatt (kW).- Has a length of 150 meters. The connection is to either the low- or medium-voltage distributionnetwork and is either overhead or underground, whichever is more common in the area where thewarehouse is located and requires works that involve the crossing of a 10-meter road (such as byexcavation or overhead lines) but are all carried out on public land. There is no crossing of otherowners’ private property because the warehouse has access to a road.- Does not require work to install the internal wiring of the warehouse. This has already beencompleted up to and including the customer’s service panel or switchboard and the meter base.

The monthly consumption:

- It is assumed that the warehouse operates 30 days a month from 9:00 a.m. to 5:00 p.m. (8 hoursa day), with equipment utilized at 80% of capacity on average and that there are no electricity cuts(assumed for simplicity reasons) and the monthly energy consumption is 26,880 kilowatt-hours(kWh); hourly consumption is 112 kWh.- If multiple electricity suppliers exist, the warehouse is served by the cheapest supplier.- Tariffs effective in January of the current year are used for calculation of the price of electricity forthe warehouse. Although January has 31 days, for calculation purposes only 30 days are used.


http://www.doingbusiness.org/en/methodology/getting-electricity

Getting Electricity - Fiji

Figure – Getting Electricity in Fiji – Score

Procedures

83.3

Time

72.6

Cost

85.3

Reliability of supply and transparency oftariff index

50.0

Figure – Getting Electricity in Fiji and comparator economies – Ranking and Score

DB 2020 Getting Electricity Score

0 100




72.8: Fiji (Rank: 97)



Note: The ranking of economies on the ease of getting electricity is determined by sorting their scores for getting electricity. These scores are the simple average of thescores for all the component indicators except the price of electricity.

Figure – Getting Electricity in Fiji – Procedure, Time and Cost


Note: Online procedures account for 0.5 days in the total time calculation. For economies that have a different procedure list for men and women, the graph shows thetime for women. For more information on methodology, see the website ( ). For details on the proceduresDoing Business http://doingbusiness.org/en/methodology

Procedures (number)1 2 3 4

0

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Tim

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600

800

1000

1200

1400

Cost

(% o

f inc

ome

per c

apita

)

Time (days) Cost (% of income per capita)

Standardized Connection

Name of utility Energy Fiji Limited

Price of electricity (US cents per kWh) 21.8

City Covered Suva


OECD highincome


Procedures (number) 4 4.2 4.4 3 (28 Economies)

Time (days) 81 63.2 74.8 18 (3 Economies)

Cost (% of income per capita) 1191.4 594.6 61.0 0.0 (3 Economies)

Reliability of supply and transparency of tariff index (0-8) 4 4.0 7.4 8 (26 Economies)



reflected here, see the summary below.

Figure – Getting Electricity in Fiji and comparator economies – Measure of Quality


NewZealand

PapuaNew

Guinea

Samoa EastAsia&

Pacific

012345678

Inde

x sc

ore

4

0

7

0

4 4.0


Details – Getting Electricity in Fiji – Procedure, Time and Cost



1 Submit application to Energy Fiji Limited (EFL) and await site visit: Energy Fiji LimitedAgency

An application for Permanent Permit & Power Supply form completed with all installation details islodged in by an Electrical Contractor. Documents needed are: Title copy, application letter;Electrical Permit; ID of owner. The electrical contractor or consultant will submit a permit forelectrical wiring (this permit is obtained during the Building permit process, and is a part of theBuilding Permit) and a cover letter detailing the electrical installation's maximum power demand.

7 calendar days FJD 0

2 Receive site visit from EFL and await estimate: Energy Fiji LimitedAgency

A site visit is required to determine the shortest route for the network extension works and to dothe load flow study to check the impact of the load growth to the end of line. Upon check that thevoltage is within the limits stipulated by the EFL (Energy Fiji Limited) Grid Code, a copy of theresult is forwarded to the Systems Protection & Control team. The latter team can then carry outthe protection co-ordination and advise the switching team. A quotation for the capital works issent to the potential customer.

46 calendar days FJD 0

3 Pay estimate and receive external works from EFL: Energy Fiji LimitedAgency

EFL opens a job file which is then sent to the Finance department and supply team to check if allmaterials are available. The utility conducts all external connection works, including the installationof the pad mounted transformer and service cables. Upon payment receipt, an acknowledgementis made to the customer who is reminded of the progress in the construction.

The EFL's team will prepare a project execution file which will comprise of all copies of thecorrespondences, the payment details, the project drawing with the single line drawing, the flood-flow detail and the project estimate with the bill of materials, and the project cost. The job file onceapproved & bill of material confirmed is sent to the Distribution Projects Manager to co-ordinatethe necessary switching co-ordination and then implementing the actual work and commissioningof the power supply to the extended grid. A formal request is then sent back to the Design team ofthe commissioning of supply to the new grid. The design team will then process the "Applicationfor Permit & Power Supply form" (which was kept in the scheme file until capital works iscompleted). The connection fees and two months' security deposit is mentioned on the approvedform for the client to pay. This form is then sent to the Regulatory team to co-ordinate electricalwiring works inspection & connections for supply from the grid to installation.

21 calendar days FJD 138,378.65

4 Receive internal wiring inspection, meter installation and turn-on of electricity: Energy Fiji LimitedAgency

EFL installs the meter, does all the final connections to the utility mains, and turns on electricity.

7 calendar days FJD 5,387.66


Details – Getting Electricity in Fiji – Measure of Quality

Note:

If the duration and frequency of outages is 100 or less, the economy is eligible to score on the Reliability of supply and transparency of tariff index.

If the duration and frequency of outages is not available, or is over 100, the economy is not eligible to score on the index.

If the minimum outage time considered for SAIDI/SAIFI is over 5 minutes, the economy is not eligible to score on the index.

Answer

Reliability of supply and transparency of tariff index (0-8) 4

Total duration and frequency of outages per customer a year (0-3) 1

System average interruption duration index (SAIDI) 5.0

System average interruption frequency index (SAIFI) 4.7

What is the minimum outage time (in minutes) that the utility considers for the calculation of SAIDI/SAIFI 5.0

Mechanisms for monitoring outages (0-1) 1

Does the distribution utility use automated tools to monitor outages? Yes

Mechanisms for restoring service (0-1) 1

Does the distribution utility use automated tools to restore service? Yes

Regulatory monitoring (0-1) 0

Does a regulator—that is, an entity separate from the utility—monitor the utility’s performance on reliability of supply? No

Financial deterrents aimed at limiting outages (0-1) 0

Does the utility either pay compensation to customers or face fines by the regulator (or both) if outages exceed a certain cap? No

Communication of tariffs and tariff changes (0-1) 1

Are effective tariffs available online? Yes

Link to the website, if available online http://efl.com.fj/your-business/electricity-tariffs-and-rates/maximum-demand-tariffs/

Are customers notified of a change in tariff ahead of the billing cycle? Yes


Registering Property

This topic examines the steps, time and cost involved in registering property, assuming a standardized case of an entrepreneur who wants to purchase land and abuilding that is already registered and free of title dispute. In addition, the topic also measures the quality of the land administration system in each economy. The qualityof land administration index has five dimensions: reliability of infrastructure, transparency of information, geographic coverage, land dispute resolution, and equal accessto property rights. The most recent round of data collection for the project was completed in May 2019. .See the methodology for more information


Procedures to legally transfer title on immovable property(number)

Preregistration procedures (for example, checking for liens,notarizing sales agreement, paying property transfer taxes)

•

Registration procedures in the economy's largest business city.•Postregistration procedures (for example, filling title withmunicipality)

•


Does not include time spent gathering information•Each procedure starts on a separate day - though proceduresthat can be fully completed online are an exception to this rule

•

Procedure is considered completed once final document isreceived

•

No prior contact with officials•Cost required to complete each procedure (% of propertyvalue)

Official costs only (such as administrative fees, duties andtaxes).

•

Value Added Tax, Capital Gains Tax and illicit payments areexcluded

•

Quality of land administration index (0-30)

Reliability of infrastructure index (0-8)•Transparency of information index (0–6)•Geographic coverage index (0–8)•Land dispute resolution index (0–8)•Equal access to property rights index (-2–0)•


To make the data comparable across economies, several assumptions about the parties to thetransaction, the property and the procedures are used.

The parties (buyer and seller):

- Are limited liability companies (or the legal equivalent).- Are located in the periurban (that is, on the outskirts of the city but still within its official limits)area of the economy’s largest business city. For 11 economies the data are also collected for thesecond largest business city.- Are 100% domestically and privately owned.- Perform general commercial activities.

The property (fully owned by the seller):

- Has a value of 50 times income per capita, which equals the sale price.- Is fully owned by the seller.- Has no mortgages attached and has been under the same ownership for the past 10 years.- Is registered in the land registry or cadastre, or both, and is free of title disputes.- Is located in a periurban commercial zone (that is, on the outskirts of the city but still within itsofficial limits), and no rezoning is required.- Consists of land and a building. The land area is 557.4 square meters (6,000 square feet). A two-story warehouse of 929 square meters (10,000 square feet) is located on the land. The warehouseis 10 years old, is in good condition, has no heating system and complies with all safety standards,building codes and legal requirements. The property, consisting of land and building, will betransferred in its entirety.- Will not be subject to renovations or additional construction following the purchase.- Has no trees, natural water sources, natural reserves or historical monuments of any kind.- Will not be used for special purposes, and no special permits, such as for residential use,industrial plants, waste storage or certain types of agricultural activities, are required.- Has no occupants, and no other party holds a legal interest in it.


http://www.doingbusiness.org/en/methodology/registering-property

Registering Property - Fiji

Figure – Registering Property in Fiji – Score

Procedures

75.0

Time

67.5

Cost

80.0

Quality of the land administration index

65.0

Figure – Registering Property in Fiji and comparator economies – Ranking and Score

DB 2020 Registering Property Score

0 100


71.9: Fiji (Rank: 57)





Note: The ranking of economies on the ease of registering property is determined by sorting their scores for registering property. These scores are the simple average ofthe scores for each of the component indicators.


OECD highincome


Procedures (number) 4 5.5 4.7 1 (5 Economies)

Time (days) 69 71.9 23.6 1 (2 Economies)

Cost (% of property value) 3.0 4.5 4.2 0.0 (Saudi Arabia)

Quality of the land administration index (0-30) 19.5 16.2 23.2 None in 2018/19


Figure – Registering Property in Fiji – Procedure, Time and Cost




Procedures (number)1 2 * 3 4

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Figure – Registering Property in Fiji and comparator economies – Measure of Quality


NewZealand

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0

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No Practice

26.5

5.5

12.516.2

Details – Registering Property in Fiji – Procedure, Time and Cost



1 Carry out titles searches at the Titles Office: Office of the Registrar of TitlesAgency

The title search is carried out in the Office of the Registrar of Titles manually. Counter clerksperform a search for needed information through volumes of data. The originals are never given,the counter clerks photocopy the originals and charge only for making copies (around 50-60cents). The Procedure takes between a couple of hours and up to several days if the necessarydocument got lost or replaced in the archives.

1 day FJD 5.5; (50-60 cents percopy (10 copies required))

2 Present transfer documents for stamping at the Stamp Duties Office and pay stamp duty: Stamp Duties OfficeAgency

The transfer documents are submitted together with copies of the title for stamping and paymentof 3.0% tax at the Stamp Duties Office which is based within the Fiji Revenue and CustomsAuthority (FRCA) office.

7 days FJD 18,101.21; (3.0% ofproperty value (stampduty) for Fiji nationals,10% for foreigners)

3 The seller submits documents to FRCA to obtain the Capital Gains Tax ClearanceCertificate

: Fiji Revenue and Customs Authority (FRCA)AgencyThe seller needs to register and obtain a Capital Gains Tax Clearance Certificate from FRCAconfirming either that CGT has been paid, or satisfactory arrangement for payment of the tax hasbeen made, or no tax is payable. The seller needs to submit the following documents:

a) CGT Declaration form (which is available at the FRCA website)(b) CGT Return form (which is available at the FRCA website)(c) copy of the certificate of title(d) copy of the last registered transfer of the subject property in favor of the seller(e) copy of the stamped transfer of the property from the seller to the buyer

It would be advisable to attach documentary evidence of all claims in respect of the ‘cost of theproperty’ so that there is timely processing of the application for CGT Clearance Certificate byFRCA. Where documentary evidence is not available, letters could be written, or statutorydeclarations could be provided to FRCA to explain the reasons for non-availability of the requireddocuments. This would assist FRCA to process and issue of the CGT Clearance Certificate.

Where CGT is payable, and the seller does not have the funds to pay the CGT, arrangementscould be made with FRCA for the issue of the CGT Clearance Certificate. The seller’s lawyercould commit with the FRCA to hold the sale proceeds in the trust account and pay the CGT toFRCA before paying the balance sale proceeds to the seller.

7 days no charge

4 Settlement takes place at the Registrar of Titles Office: Office of the Registrar of Titles (ROT)Agency

Parties meet at the Registrar of Titles Office for settlement. The parties first double checkencumbrances on the property and then exchange the titles for the payment. When this formalityis accomplished, they submit the transfer documents for registration. The Registrar of Titles mustnot register an instrument for the transfer of a capital asset unless the seller or the purchaserfurnishes the Registrar with a CGT Clearance Certificate confirming that CGT has been paid orsatisfactory arrangement for payment of the tax has been made, or no tax is payable. It is possiblethat some new mortgages might still be in "the pipeline" and are not yet recorded on the propertyat the settlement (the mortgage has been submitted in the registry, but it has not been inscribedyet). To avoid finding later about a mortgage on the property, it is possible to request a"guaranteed search" (under section 30, 31 and 32 of the Land Transfer act) where the registrychecks and certifies that there are no other mortgages registered. Under the Land Transfer ActAmendment Decree No. 34 of 2011, the Registrar of Titles now requires certified copies of anyone of the following Identifications of both parties to be lodged with the Transfer: (a) letter fromFRCA confirming the Tax Identification Number (for individuals and companies) or(b) A true certified copy of the Certificate of Incorporation or Certificate of Name Change (forcompanies only) or(c) Passport bio-data page (for individuals only) or(d) Driving license (for individuals only).

60 days FJD 11.5; (FDJ 11.5 forproperties over FDJ100,000 + VAT of 9.0%(According to the casestudy assumptions, VAT isnot included))


Details – Registering Property in Fiji – Measure of Quality

Answer Score

Quality of the land administration index (0-30) 19.5

Reliability of infrastructure index (0-8) 4.0

Type of land registration system in the economy: Title RegistrationSystem

What is the institution in charge of immovable property registration? Registrar of Titles

In what format are past and newly issued land records kept at the immovable property registry of the largestbusiness city of the economy —in a paper format or in a computerized format (scanned or fully digital)?

Paper 0.0

Is there a comprehensive and functional electronic database for checking for encumbrances (liens, mortgages,restrictions and the like)?

No 0.0

Institution in charge of the plans showing legal boundaries in the largest business city: Department of Landsand Surveys

In what format are past and newly issued cadastral plans kept at the mapping agency of the largest businesscity of the economy—in a paper format or in a computerized format (scanned or fully digital)?

Computer/Fully digital 2.0

Is there an electronic database for recording boundaries, checking plans and providing cadastral information(geographic information system)?

Yes 1.0

Is the information recorded by the immovable property registration agency and the cadastral or mapping agencykept in a single database, in different but linked databases or in separate databases?

Separate databases 0.0

Do the immovable property registration agency and cadastral or mapping agency use the same identificationnumber for properties?

Yes 1.0

Transparency of information index (0–6) 1.5

Who is able to obtain information on land ownership at the agency in charge of immovable property registrationin the largest business city?

Anyone who pays theofficial fee

1.0

Is the list of documents that are required to complete any type of property transaction made publicly available–and if so, how?

No 0.0

Link for online access:

Is the applicable fee schedule for any type of property transaction at the agency in charge of immovable propertyregistration in the largest business city made publicly available–and if so, how?

No 0.0


Does the agency in charge of immovable property registration agency formally commit to deliver a legallybinding document that proves property ownership within a specific timeframe –and if so, how does itcommunicate the service standard?

No 0.0


Is there a specific and independent mechanism for filing complaints about a problem that occurred at the agencyin charge of immovable property registration?

No 0.0

Contact information:

Are there publicly available official statistics tracking the number of transactions at the immovable propertyregistration agency?

No 0.0

Number of property transfers in the largest business city in 2018: 829.0

Who is able to consult maps of land plots in the largest business city? Anyone who pays theofficial fee

0.5

Is the applicable fee schedule for accessing maps of land plots made publicly available—and if so, how? Yes, in person 0.0


Does the cadastral/mapping agency formally specifies the timeframe to deliver an updated cadastral plan—andif so, how does it communicate the service standard?

No 0.0



Is there a specific and independent mechanism for filing complaints about a problem that occurred at thecadastral or mapping agency?

No 0.0

Contact information:

Geographic coverage index (0–8) 8.0

Are all privately held land plots in the largest business city formally registered at the immovable propertyregistry?

Yes 2.0

Are all privately held land plots in the economy formally registered at the immovable property registry? Yes 2.0

Are all privately held land plots in the largest business city mapped? Yes 2.0

Are all privately held land plots in the economy mapped? Yes 2.0

Land dispute resolution index (0–8) 6.0

Does the law require that all property sale transactions be registered at the immovable property registry to makethem opposable to third parties?

Yes 1.5

Legal basis: Land Transfer Act,1978 [Cap 131]

Is the system of immovable property registration subject to a state or private guarantee? Yes 0.5

Type of guarantee: State guarantee

Legal basis: Land Transfer Act,1978

Is there a is a specific, out-of-court compensation mechanism to cover for losses incurred by parties whoengaged in good faith in a property transaction based on erroneous information certified by the immovableproperty registry?

No 0.0

Legal basis:

Does the legal system require a control of legality of the documents necessary for a property transaction (e.g.,checking the compliance of contracts with requirements of the law)?

Yes 0.5

If yes, who is responsible for checking the legality of the documents? Lawyer;

Does the legal system require verification of the identity of the parties to a property transaction? Yes 0.5

If yes, who is responsible for verifying the identity of the parties? Registrar; Lawyer;

Is there a national database to verify the accuracy of government issued identity documents? Yes 1.0

What is the Court of first instance in charge of a case involving a standard land dispute between two localbusinesses over tenure rights for a property worth 50 times gross national income (GNI) per capita and locatedin the largest business city?

High Court

How long does it take on average to obtain a decision from the first-instance court for such a case (withoutappeal)?

Between 1 and 2years

2.0

Are there publicly available statistics on the number of land disputes at the economy level in the first instancecourt?

No 0.0

Number of land disputes in the economy in 2018:

Equal access to property rights index (-2–0) 0.0

Do unmarried men and unmarried women have equal ownership rights to property? Yes

Do married men and married women have equal ownership rights to property? Yes 0.0


Getting Credit

This topic explores two sets of issues—the strength of credit reporting systems and the effectiveness of collateral and bankruptcy laws in facilitating lending. The mostrecent round of data collection for the project was completed in May 2019. .See the methodology for more information


Strength of legal rights index (0–12)

Rights of borrowers and lenders through collateral laws (0-10)•Protection of secured creditors’ rights through bankruptcy laws(0-2)

•

Depth of credit information index (0–8)

Scope and accessibility of credit information distributed bycredit bureaus and credit registries (0-8)

•

Credit bureau coverage (% of adults)

Number of individuals and firms listed in largest credit bureauas a percentage of adult population

•

Credit registry coverage (% of adults)

Number of individuals and firms listed in credit registry as apercentage of adult population

•


assesses the sharing of credit information and the legal rights of borrowers andlenders with respect to secured transactions through 2 sets of indicators. The depth of creditinformation index measures rules and practices affecting the coverage, scope and accessibility ofcredit information available through a credit registry or a credit bureau. The strength of legal rightsindex measures the degree to which collateral and bankruptcy laws protect the rights of borrowersand lenders and thus facilitate lending. For each economy it is first determined whether a unitarysecured transactions system exists. Then two case scenarios, case A and case B, are used todetermine how a nonpossessory security interest is created, publicized and enforced according tothe law. Special emphasis is given to how the collateral registry operates (if registration of securityinterests is possible). The case scenarios involve a secured borrower, company ABC, and asecured lender, BizBank.

Doing Business

In some economies the legal framework for secured transactions will allow only case A or case B(not both) to apply. Both cases examine the same set of legal provisions relating to the use ofmovable collateral.

Several assumptions about the secured borrower (ABC) and lender (BizBank) are used:

- ABC is a domestic limited liability company (or its legal equivalent).- ABC has up to 50 employees.- ABC has its headquarters and only base of operations in the economy’s largest business city. For11 economies the data are also collected for the second largest business city.- Both ABC and BizBank are 100% domestically owned.

The case scenarios also involve assumptions. In case A, as collateral for the loan, ABC grantsBizBank a nonpossessory security interest in one category of movable assets, for example, itsmachinery or its inventory. ABC wants to keep both possession and ownership of the collateral. Ineconomies where the law does not allow nonpossessory security interests in movable property,ABC and BizBank use a fiduciary transfer-of-title arrangement (or a similar substitute fornonpossessory security interests).

In case B, ABC grants BizBank a business charge, enterprise charge, floating charge or anycharge that gives BizBank a security interest over ABC’s combined movable assets (or as much ofABC’s movable assets as possible). ABC keeps ownership and possession of the assets.


http://www.doingbusiness.org/en/methodology/getting-credit

Getting Credit - Fiji

Figure – Getting Credit in Fiji – Score

Score - Getting Credit

25.0

Figure – Getting Credit in Fiji and comparator economies – Ranking and Score

DB 2020 Getting Credit Score

0 100




45.0: Samoa (Rank: 119)

25.0: Fiji (Rank: 165)

100: New Zealand (Rank: 1)

Note: The ranking of economies on the ease of getting credit is determined by sorting their scores for getting credit. These scores are the sum of the scores for thestrength of legal rights index and the depth of credit information index.


OECD highincome


Strength of legal rights index (0-12) 5 7.1 6.1 12 (5 Economies)

Depth of credit information index (0-8) 0 4.5 6.8 8 (53 Economies)

Credit registry coverage (% of adults) 0.0 16.6 24.4 100.0 (2 Economies)

Credit bureau coverage (% of adults) 0.0 23.8 66.7 100.0 (14 Economies)


Figure – Legal Rights in Fiji and comparator economies


NewZealand

PapuaNew

Guinea

Samoa EastAsia&

Pacific

02468

101214

Inde

x Sc

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5

1012

9 97.1


Details – Legal Rights in Fiji

Strength of legal rights index (0-12) 5

Does an integrated or unified legal framework for secured transactions that extends to the creation, publicity and enforcement of functional equivalentsto security interests in movable assets exist in the economy?

No

Does the law allow businesses to grant a non possessory security right in a single category of movable assets, without requiring a specific descriptionof collateral?

Yes

Does the law allow businesses to grant a non possessory security right in substantially all of its assets, without requiring a specific description ofcollateral?

Yes

May a security right extend to future or after-acquired assets, and does it extend automatically to the products, proceeds and replacements of theoriginal assets?

Yes

Is a general description of debts and obligations permitted in collateral agreements; can all types of debts and obligations be secured between parties;and can the collateral agreement include a maximum amount for which the assets are encumbered?

Yes

Is a collateral registry in operation for both incorporated and non-incorporated entities, that is unified geographically and by asset type, with anelectronic database indexed by debtor's name?

No

Does a notice-based collateral registry exist in which all functional equivalents can be registered? No

Does a modern collateral registry exist in which registrations, amendments, cancellations and searches can be performed online by any interested thirdparty?

No

Are secured creditors paid first (i.e. before tax claims and employee claims) when a debtor defaults outside an insolvency procedure? No

Are secured creditors paid first (i.e. before tax claims and employee claims) when a business is liquidated? No

Are secured creditors subject to an automatic stay on enforcement when a debtor enters a court-supervised reorganization procedure? Does the lawprotect secured creditors’ rights by providing clear grounds for relief from the stay and sets a time limit for it?

No

Does the law allow parties to agree on out of court enforcement at the time a security interest is created? Does the law allow the secured creditor to sellthe collateral through public auction or private tender, as well as, for the secured creditor to keep the asset in satisfaction of the debt?

Yes

Figure – Credit Information in Fiji and comparator economies


NewZealand

PapuaNew

Guinea

Samoa EastAsia&

Pacific

0123456789

Inde

x Sc

ore

0 0

8

5

0

4.5


Details – Credit Information in Fiji

Note: An economy receives a score of 1 if there is a "yes" to either bureau or registry. If the credit bureau or registry is not operational or covers less than 5% of the adultpopulation, the total score on the depth of credit information index is 0.

Depth of credit information index (0-8) Credit bureau Credit registry Score

Are data on both firms and individuals distributed? No No 0

Are both positive and negative credit data distributed? No No 0

Are data from retailers or utility companies - in addition to data from banks andfinancial institutions - distributed?

No No 0

Are at least 2 years of historical data distributed? (Credit bureaus and registriesthat distribute more than 10 years of negative data or erase data on defaults assoon as they are repaid obtain a score of 0 for this component.)

No No 0

Are data on loan amounts below 1% of income per capita distributed? No No 0

By law, do borrowers have the right to access their data in the credit bureau orcredit registry?

No No 0

Can banks and financial institutions access borrowers’ credit information online(for example, through an online platform, a system-to-system connection orboth)?

No No 0

Are bureau or registry credit scores offered as a value-added service to helpbanks and financial institutions assess the creditworthiness of borrowers?

No No 0

Coverage Credit bureau Credit registry

Number of individuals 0 0

Number of firms 0 0

Total 0 0

Percentage of adult population 0.0 0.0


Protecting Minority Investors

This topic measures the strength of minority shareholder protections against misuse of corporate assets by directors for their personal gain as well as shareholder rights,governance safeguards and corporate transparency requirements that reduce the risk of abuse. The most recent round of data collection for the project was completedin May 2019. .See the methodology for more information


: Disclosure, review, andapproval requirements for related-party transactions

• Extent of disclosure index (0–10)

: Ability of minorityshareholders to sue and hold interested directors liable forprejudicial related-party transactions; Available legalremedies (damages, disgorgement of profits, disqualificationfrom managerial position(s) for one year or more, rescission ofthe transaction)

• Extent of director liability index (0–10)

: Access to internalcorporate documents; Evidence obtainable during trial andallocation of legal expenses

• Ease of shareholder suits index (0–10)

Sum ofthe extent of disclosure, extent of director liability and ease ofshareholder suits indices

• Extent of conflict of interest regulation index (0-30):

: Shareholders’ rightsand role in major corporate decisions

• Extent of shareholder rights index (0-6)

: Governancesafeguards protecting shareholders from undue board controland entrenchment

• Extent of ownership and control index (0-7)

: Corporatetransparency on ownership stakes, compensation, audits andfinancial prospects

• Extent of corporate transparency index (0-7)

: Sum of theextent of shareholders rights, extent of ownership and controland extent of corporate transparency indices

• Extent of shareholder governance index (0–20)

: Sumof the extent of conflict of interest regulation and extent ofshareholder governance indices

• Strength of minority investor protection index (0–50)


To make the data comparable across economies, a case study uses several assumptions aboutthe business and the transaction.

- Is a publicly traded corporation listed on the economy’s most important stock exchange.- Has a board of directors and a chief executive officer (CEO) who may legally act on behalf ofBuyer where permitted, even if this is not specifically required by law.- Has a supervisory board in economies with a two-tier board system on which Mr. Jamesappointed 60% of the shareholder-elected members.- Has not adopted bylaws or articles of association that go beyond the minimum requirements.Does not follow codes, principles, recommendations or guidelines that are not mandatory.- Is a manufacturing company with its own distribution network.

The business (Buyer):

- Mr. James owns 60% of Buyer, sits on Buyer’s board of directors and elected two directors toBuyer’s five-member board.- Mr. James also owns 90% of Seller, a company that operates a chain of retail hardware stores.Seller recently closed a large number of its stores.- Mr. James proposes that Buyer purchase Seller’s unused fleet of trucks to expand Buyer’sdistribution of its food products, a proposal to which Buyer agrees. The price is equal to 10% ofBuyer’s assets and is higher than the market value.- The proposed transaction is part of the company’s principal activity and is not outside theauthority of the company.- Buyer enters into the transaction. All required approvals are obtained, and all required disclosuresmade—that is, the transaction was not entered into fraudulently.- The transaction causes damages to Buyer. Shareholders sue Mr. James and the executives anddirectors that approved the transaction.

The transaction involves the following details:


http://www.doingbusiness.org/en/methodology/protecting-minority-investors

Protecting Minority Investors - Fiji

Figure – Protecting Minority in Fiji – Score

Score - Protecting Minority Investors

54.0

Figure – Protecting Minority Investors in Fiji and comparator economies – Ranking and Score

DB 2020 Protecting Minority Investors Score

0 100



54.0: Fiji (Rank: 97)


40.0: Samoa (Rank: 128)


Note: The ranking of economies on the strength of minority investor protections is determined by sorting their scores for protecting minority investors. These scores arethe simple average of the scores for the extent of conflict of interest regulation index and the extent of shareholder governance index.

Stock exchange information

Stock exchange South Pacific Stock Exchange

Stock exchange URL http://www.spse.com.fj

Listed firms with equity securities 21

City Covered Suva


OECD highincome


Extent of disclosure index (0-10) 2.0 5.9 6.5 10 (13 Economies)

Extent of director liability index (0-10) 8.0 5.2 5.3 10 (3 Economies)

Ease of shareholder suits index (0-10) 7.0 6.7 7.3 10 (Djibouti)

Extent of shareholder rights index (0-6) 4.0 2.0 4.7 6 (19 Economies)

Extent of ownership and control index (0-7) 3.0 2.4 4.5 7 (9 Economies)

Extent of corporate transparency index (0-7) 3.0 2.6 5.7 7 (13 Economies)


Figure – Protecting Minority Investors in Fiji and comparator economies – Measure of Quality

Fiji

Marshall Islands

New Zealand

Papua New Guinea

Samoa

OECD high income

East Asia & Pacific

0 5 10 15 20 25 30 35 40 45Sub-Indicator Score

3 8 2 3 4 7

00 2 00 8

5 9 10 5 5 9

3 5 5 2 6 9

0 6 5 00 9

5.6 5.6 6.6 4.3 4.5 7.4

3.1 5.1 6.4 2.9 2.4 6.3

Extent of corporate transparency index (0-7) Extent of director liability index (0-10) Extent of disclosure index (0-10) Extent of ownership and control index (0-7)Extent of shareholder rights index (0-6) Ease of shareholder suits index (0-10)


Details – Protecting Minority Investors in Fiji – Measure of Quality

Answer Score

Extent of conflict of interest regulation index (0-30)

Extent of disclosure index (0-10) 2.0

Whose decision is sufficient to approve the Buyer-Seller transaction? (0-3) CEO alone 0.0

Must an external body review the terms of the transaction before it takes place? (0-1) No 0.0

Must Mr. James disclose his conflict of interest to the board of directors? (0-2) Full disclosure of allmaterial facts

2.0

Must Buyer disclose the transaction in periodic filings (e.g. annual reports)? (0-2) No disclosureobligation

0.0

Must Buyer immediately disclose the transaction to the public? (0-2) No disclosureobligation

0.0

Extent of director liability index (0-10) 8.0

Can shareholders representing 10% of Buyer's share capital sue for the damage the transaction caused toBuyer? (0-1)

Yes 1.0

Can shareholders hold Mr. James liable for the damage the transaction caused to Buyer? (0-2) Liable if unfair orprejudicial

2.0

Can shareholders hold the other directors liable for the damage the transaction caused to Buyer? (0-2) Liable if unfair orprejudicial

2.0

Must Mr. James pay damages for the harm caused to Buyer upon a successful claim by shareholders? (0-1) Yes 1.0

Must Mr. James repay profits made from the transaction upon a successful claim by shareholders? (0-1) Yes 1.0

Is Mr. James disqualified upon a successful claim by shareholders? (0-1) No 0.0

Can a court void the transaction upon a successful claim by shareholders? (0-2) Voidable if negligentlyconcluded

1.0

Ease of shareholder suits index (0-10) 7.0

Before suing, can shareholders representing 10% of Buyer's share capital inspect the transaction documents?(0-1)

No 0.0

Can the plaintiff obtain any documents from the defendant and witnesses at trial? (0-3) Any relevantdocument

3.0

Can the plaintiff request categories of documents from the defendant without identifying specific ones? (0-1) Yes 1.0

Can the plaintiff directly question the defendant and witnesses at trial? (0-2) Yes 2.0

Is the level of proof required for civil suits lower than that of criminal cases? (0-1) Yes 1.0

Can shareholder plaintiffs recover their legal expenses from the company? (0-2) At the discretion ofthe court

0.0

Extent of shareholder governance index (0-20)

Extent of shareholder rights index (0-6) 4.0

Does the sale of 51% of Buyer's assets require shareholder approval? No 0.0

Can shareholders representing 10% of Buyer's share capital call for a meeting of shareholders? Yes 1.0

Must Buyer obtain its shareholders’ approval every time it issues new shares? Yes 1.0

Do shareholders automatically receive preemption rights every time Buyer issues new shares? No 0.0

Do shareholders elect and dismiss the external auditor? Yes 1.0

Are changes to the rights of a class of shares only possible if the holders of the affected shares approve? Yes 1.0

Extent of ownership and control index (0-7) 3.0

Is it forbidden to appoint the same individual as CEO and chairperson of the board of directors? No 0.0


Must the board of directors include independent and nonexecutive board members? No 0.0

Can shareholders remove members of the board of directors without cause before the end of their term? Yes 1.0

Must the board of directors include a separate audit committee exclusively comprising board members? Yes 1.0

Must a potential acquirer make a tender offer to all shareholders upon acquiring 50% of Buyer? No 0.0

Must Buyer pay declared dividends within a maximum period set by law? No 0.0

Is a subsidiary prohibited from acquiring shares issued by its parent company? Yes 1.0

Extent of corporate transparency index (0-7) 3.0

Must Buyer disclose direct and indirect beneficial ownership stakes representing 5%? No 0.0

Must Buyer disclose information about board members’ primary employment and directorships in othercompanies?

No 0.0

Must Buyer disclose the compensation of individual managers? No 0.0

Must a detailed notice of general meeting be sent 21 days before the meeting? No 0.0

Can shareholders representing 5% of Buyer’s share capital put items on the general meeting agenda? Yes 1.0

Must Buyer's annual financial statements be audited by an external auditor? Yes 1.0

Must Buyer disclose its audit reports to the public? Yes 1.0


Paying Taxes

This topic records the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as the administrative burden ofpaying taxes and contributions and complying with postfiling procedures (VAT refund and tax audit). The most recent round of data collection for the project wascompleted in May 2019 covering for the Paying Taxes indicator calendar year 2018 (January 1, 2018 – December 31, 2018). See the methodology for more information.


Tax payments for a manufacturing company in 2018 (numberper year adjusted for electronic and joint filing and payment)

Total number of taxes and contributions paid or withheld,including consumption taxes (value added tax, sales tax orgoods and service tax)

•

Method and frequency of filing and payment•Time required to comply with 3 major taxes (hours per year)

Collecting information, computing tax payable•Preparing separate tax accounting books, if required•Completing tax return, filing with agencies•Arranging payment or withholding•

Total tax and contribution rate (% of commercial profits)

Profit or corporate income tax•Social contributions, labor taxes paid by employer•Property and property transfer taxes•Dividend, capital gains, financial transactions taxes•Waste collection, vehicle, road and other taxes•

Postfiling Index

Time to comply with VAT refund (hours)•Time to obtain VAT refund (weeks)•Time to comply with a corporate income tax correction (hours)•Time to complete a corporate income tax correction (weeks)•


Using a case scenario, records taxes and mandatory contributions a medium sizecompany must pay in a year, and measures the administrative burden of paying taxes,contributions and dealing with postfiling processes. Information is also compiled on frequency offiling and payments, time taken to comply with tax laws, time taken to comply with therequirements of postfiling processes and time waiting.

Doing Business

To make data comparable across economies, several assumptions are used:- TaxpayerCo is a medium-size business that started operations on January 1, 2017. It producesceramic flowerpots and sells them at retail.

Taxes and mandatory contributions are measuredat all levels of government.

- In June 2018, TaxpayerCo. makes a large capital purchase: the value of the machine is 65 timesincome per capita of the economy. Sales are equally spread per month (1,050 times income percapita divided by 12) and cost of goods sold are equally expensed per month (875 times incomeper capita divided by 12). The machinery seller is registered for VAT and excess input VAT incurredin June will be fully recovered after four consecutive months if the VAT rate is the same for inputs,sales and the machine and the tax reporting period is every month. Input VAT will exceed OutputVAT in June 2018.

All taxes and contributions recorded are paid in thesecond year of operation (calendar year 2018).

The VAT refund process:

- An error in calculation of income tax liability (for example, use of incorrect tax depreciation rates,or incorrectly treating an expense as tax deductible) leads to an incorrect income tax return and acorporate income tax underpayment. TaxpayerCo. discovered the error and voluntarily notified thetax authority. The value of the underpaid income tax liability is 5% of the corporate income taxliability due. TaxpayerCo. submits corrected information after the deadline for submitting the annualtax return, but within the tax assessment period.

The corporate income tax audit process:


http://www.doingbusiness.org/en/methodology/paying-taxes

Paying Taxes - Fiji

Figure – Paying Taxes in Fiji – Score

Payments

41.7

Time

69.4

Total tax and contribution rate

91.6

Postfiling index

81.6

Figure – Paying Taxes in Fiji and comparator economies – Ranking and Score

DB 2020 Paying Taxes Score

0 100





71.1: Fiji (Rank: 101)


Note: The ranking of economies on the ease of paying taxes is determined by sorting their scores for paying taxes. These scores are the simple average of the scores foreach of the component indicators, with a threshold and a nonlinear transformation applied to one of the component indicators, the total tax and contribution rate. Thethreshold is defined as the total tax and contribution rate at the 15th percentile of the overall distribution for all years included in the analysis up to and including DoingBusiness 2015, which is 26.1%. All economies with a total tax and contribution rate below this threshold receive the same score as the economy at the threshold.


OECD highincome


Payments (number per year) 38 20.6 10.3 3 (2 Economies)

Time (hours per year) 247 173.0 158.8 49 (3 Economies)

Total tax and contribution rate (% of profit) 32.1 33.6 39.9 26.1 (33 Economies)

Postfiling index (0-100) 81.6 56.4 86.7 None in 2018/19


Figure – Paying Taxes in Fiji and comparator economies – Measure of Quality


NewZealand

PapuaNew

Guinea

Samoa EastAsia&

Pacific

0

20

40

60

80

100

120

Inde

x sc

ore 81.6

null

96.978.5 86.6

56.4


Details – Paying Taxes in Fiji

Tax ormandatorycontribution

Payments(number)

Notes onPayments

Time (hours) Statutory taxrate

Tax base Total tax andcontributionrate (% ofprofit)

Notes on TTCR

Corporateincome tax

4.0 49.0 20% taxable profit 19.10

Employer paid -Superannuationfund (Socialsecuritycontributions)

12.0 101.0 10% gross salaries 11.28

Employer paid -Training levy

2.0 1% gross salaries 1.13

Capital gains tax 1.0 10% capital gains 0.51

tax on interestincome

0.0 10% interest income 0.26 included in othertaxes

Property tax 1.0 2% assessedproperty value

0.06

Fringe BenefitTax

4.0 25% fringe benefit 0.01

Municipalbusiness license

1.0 fixed fee 0.00 small amount

Employee paid -Superannuationfund (Socialsecuritycontributions)

0.0 jointly 8% gross salaries 0.00 withheld

Value added tax(VAT)

12.0 97.0 15% value added 0.00 not included

Vehicle tax 1.0 type and use ofvehicle

0.00 small amount

Totals 38 247 32.1


Details – Paying Taxes in Fiji – Tax by Type

Taxes by type Answer

Profit tax (% of profit) 19.6

Labor tax and contributions (% of profit) 12.4

Other taxes (% of profit) 0.1


Details – Paying Taxes in Fiji – Measure of Quality

Names of taxes have been standardized. For instance income tax, profit tax, tax on company's income are all named corporate income tax in this table.The hours for VAT include all the VAT and sales taxes applicable.The hours for Social Security include all the hours for labor taxes and mandatory contributions in general.The postfiling index is the average of the scores on time to comply with VAT refund, time to obtain a VAT refund, time to comply with a corporate income tax correctionand time to complete a corporate income tax correction.N/A = Not applicable.

Notes:

Answer Score

Postfiling index (0-100) 81.6

VAT refunds

Does VAT exist? Yes

Does a VAT refund process exist per the case study? Yes

Restrictions on VAT refund process none

Percentage of cases exposed to a VAT audit (%) 50% - 74%

Is there a mandatory carry forward period? No

Time to comply with VAT refund (hours) 12.0 76.0

Time to obtain VAT refund (weeks) 19.0 69.7

Corporate income tax audits

Does corporate income tax exist? Yes

Percentage of cases exposed to a corporate income tax audit (%) 0% - 24%

Time to comply with a corporate income tax correction (hours) 12.0 80.7

Time to complete a corporate income tax correction (weeks) No tax audit per casestudy scenario

100


Trading across Borders

records the time and cost associated with the logistical process of exporting and importing goods. measures the time and cost (excludingtariffs) associated with three sets of procedures—documentary compliance, border compliance and domestic transport—within the overall process of exporting orimporting a shipment of goods. The most recent round of data collection for the project was completed in May 2019. .

Doing Business Doing Business

See the methodology for more information


Documentary compliance

Obtaining, preparing and submitting documents duringtransport, clearance, inspections and port or border handling inorigin economy

•

Obtaining, preparing and submitting documents required bydestination economy and any transit economies

•

Covers all documents required by law and in practice, includingelectronic submissions of information

•

Border compliance

Customs clearance and inspections•Inspections by other agencies (if applied to more than 20% ofshipments)

•

Handling and inspections that take place at the economy’s portor border

•

Domestic transport

Loading or unloading of the shipment at the warehouse orport/border

•

Transport between warehouse and port/border•Traffic delays and road police checks while shipment is enroute

•


To make the data comparable across economies, a few assumptions are made about the tradedgoods and the transactions:

Time is measured in hours, and 1 day is 24 hours (for example, 22 days are recorded as22×24=528 hours). If customs clearance takes 7.5 hours, the data are recorded as is. Alternatively,suppose documents are submitted to a customs agency at 8:00a.m., are processed overnight andcan be picked up at 8:00a.m. the next day. The time for customs clearance would be recorded as24 hours because the actual procedure took 24 hours.

Time:

Insurance cost and informal payments for which no receipt is issued are excluded from thecosts recorded. Costs are reported in U.S. dollars. Contributors are asked to convert local currencyinto U.S. dollars based on the exchange rate prevailing on the day they answer the questionnaire.Contributors are private sector experts in international trade logistics and are informed aboutexchange rates.

Cost:

- For all 190 economies covered by , it is assumed a shipment is in a warehouse inthe largest business city of the exporting economy and travels to a warehouse in the largestbusiness city of the importing economy.- It is assumed each economy imports 15 metric tons of containerized auto parts (HS 8708) fromits natural import partner—the economy from which it imports the largest value (price timesquantity) of auto parts. It is assumed each economy exports the product of its comparativeadvantage (defined by the largest export value) to its natural export partner—the economy that isthe largest purchaser of this product. Shipment value is assumed to be $50,000.- The mode of transport is the one most widely used for the chosen export or import product andthe trading partner, as is the seaport or land border crossing.- All electronic information submissions requested by any government agency in connection withthe shipment are considered to be documents obtained, prepared and submitted during the exportor import process.- A port or border is a place (seaport or land border crossing) where merchandise can enter orleave an economy.- Relevant government agencies include customs, port authorities, road police, border guards,standardization agencies, ministries or departments of agriculture or industry, national securityagencies and any other government authorities.

Assumptions of the case study:Doing Business


http://www.doingbusiness.org/en/methodology/trading-across-borders

Trading across Borders - Fiji

Figure – Trading across Borders in Fiji – Score

Timeto

export:Border

compliance

65.4

Costto

export:Border

compliance

70.1

Timeto

export:Documentarycompliance

67.3

Costto

export:Documentarycompliance

81.0

Timeto

import:Border

compliance

87.9

Costto

import:Border

compliance

73.3

Timeto

import:Documentarycompliance

86.3

Costto

import:Documentarycompliance

91.8

Figure – Trading across Borders in Fiji and comparator economies – Ranking and Score

DB 2020 Trading Across Borders Score

0 100



77.9: Fiji (Rank: 79)



57.8: Samoa (Rank: 154)

Note: The ranking of economies on the ease of trading across borders is determined by sorting their scores for trading across borders. These scores are the simpleaverage of the scores for the time and cost for documentary compliance and border compliance to export and import.


OECD highincome


Time to export: Border compliance (hours) 56 57.5 12.7 1 (19 Economies)

Cost to export: Border compliance (USD) 317 381.1 136.8 0 (19 Economies)

Time to export: Documentary compliance (hours) 56 55.6 2.3 1 (26 Economies)

Cost to export: Documentary compliance (USD) 76 109.4 33.4 0 (20 Economies)

Time to import: Border compliance (hours) 35 68.4 8.5 1 (25 Economies)

Cost to import: Border compliance (USD) 320 422.8 98.1 0 (28 Economies)

Time to import: Documentary compliance (hours) 34 53.7 3.4 1 (30 Economies)

Cost to import: Documentary compliance (USD) 58 108.4 23.5 0 (30 Economies)


Figure – Trading across Borders in Fiji – Time and Cost

Export-

BorderCompliance

Export-

DocumentaryCompliance

Import-

BorderCompliance

Import-

DocumentaryCompliance

0

10

20

30

40

50

60

Tim

e (h

ours

)

0

50

100

150

200

250

300

350

Cost

(USD

)

56 317 56

76

35

320

34

58

Time (hours) Cost (USD)


Details – Trading across Borders in Fiji

Characteristics Export Import

Product HS 17 : Sugars and sugar confectionery HS 8708: Parts and accessories of motor vehicles

Trade partner United Kingdom Australia

Border Suva port Suva port

Distance (km) 10 10

Domestic transport time (hours) 2 2

Domestic transport cost (USD) 179 179

Details – Trading across Borders in Fiji – Components of Border Compliance

Time to Complete (hours) Associated Costs (USD)

Export: Clearance and inspections required bycustoms authorities

12.5 78.3

Export: Clearance and inspections required byagencies other than customs

11.5 0.0

Export: Port or border handling 32.0 238.3

Import: Clearance and inspections required bycustoms authorities

24.0 78.3

Import: Clearance and inspections required byagencies other than customs

0.0 0.0

Import: Port or border handling 24.0 241.5


Details – Trading across Borders in Fiji – Trade Documents

Export Import

Bill of lading Bill of lading

Commercial invoice Cargo release order

Customs Export Declaration Commercial invoice

Inspection report and health certificate Customs import declaration

Packing list Foreign exchange authorization

Terminal handling receipt Packing list

Phytosanitary certificate Technical standard/health certificate

SOLAS certificate Terminal handling receipts

Customs release note

SOLAS certificate


Enforcing Contracts

.

The enforcing contracts indicator measures the time and cost for resolving a commercial dispute through a local first-instance court, and the quality of judicial processesindex, evaluating whether each economy has adopted a series of good practices that promote quality and efficiency in the court system. The most recent round of datacollection was completed in May 2019. See the methodology for more information


Time required to enforce a contract through the courts(calendar days)

Time to file and serve the case•Time for trial and to obtain the judgment•Time to enforce the judgment•

Cost required to enforce a contract through the courts (% ofclaim value)

Average attorney fees•Court costs•Enforcement costs•

Quality of judicial processes index (0-18)

Court structure and proceedings (-1-5)•Case management (0-6)•Court automation (0-4)•Alternative dispute resolution (0-3)•


The dispute in the case study involves the breach of a sales contract between two domesticbusinesses. The case study assumes that the court hears an expert on the quality of the goods indispute. This distinguishes the case from simple debt enforcement.

To make the data on the time and comparable across economies, several assumptions about thecase are used:- The dispute concerns a lawful transaction between two businesses (Seller and Buyer), bothlocated in the economy’s largest business city. For 11 economies the data are also collected for thesecond largest business city.- The Buyer orders custom-made furniture, then fails to pay alleging that the goods are not ofadequate quality.- The value of the dispute is 200% of the income per capita or the equivalent in local currency ofUSD 5,000, whichever is greater.- The Seller sues the Buyer before the court with jurisdiction over commercial cases worth 200% ofincome per capita or $5,000 whichever is greater.- The Seller requests the pretrial attachment of the defendant’s movable assets to secure theclaim.- The claim is disputed on the merits because of Buyer’s allegation that the quality of the goodswas not adequate.- The judge decides in favor of the seller; there is no appeal.- The Seller enforces the judgment through a public sale of the Buyer’s movable assets.


http://www.doingbusiness.org/en/methodology/enforcing-contracts

Enforcing Contracts - Fiji

Figure – Enforcing Contracts in Fiji – Score

Time

77.3

Cost

52.2

Quality of judicial processes index

41.7

Figure – Enforcing Contracts in Fiji and comparator economies – Ranking and Score

DB 2020 Enforcing Contracts Score

0 100



57.1: Fiji (Rank: 101)




Note: The ranking of economies on the ease of enforcing contracts is determined by sorting their scores for enforcing contracts. These scores are the simple average ofthe scores for each of the component indicators.

Standardized Case

Claim value FJD 21,988

Court name Suva Magistrates Court

City Covered Suva


OECD highincome


Time (days) 397 581.1 589.6 120 (Singapore)

Cost (% of claim value) 42.6 47.2 21.5 0.1 (Bhutan)

Quality of judicial processes index (0-18) 7.5 8.1 11.7 None in 2018/19


Figure – Enforcing Contracts in Fiji – Time and Cost

EastAsia&

Pacific


NewZealand

OECDhigh

income

PapuaNew

Guinea

Samoa

0

100

200

300

400

500

600

700

Tim

e (d

ays)

0

20

40

60

80

100

120

Cost

(% o

f cla

im v

alue

)

581.1

47.2

397

42.6

616

32.1 21627.2

589.6

21.5

591110.3

455

24.4

Time (days) Cost (% of claim value)


Figure – Enforcing Contracts in Fiji and comparator economies – Measure of Quality

Fiji

Marshall Islands

New Zealand

Papua New Guinea

Samoa

OECD high income

East Asia & Pacific

0 2 4 6 8 10 12 14Sub-Indicator Score

2 2 0.5 3

2.5 2 0.5 3

2 3 1.5 3

2 1.5 1 4

2.5 0 0.5 2.5

2.5 3.2 2.4 3.6

2.2 2.2 1.3 3

Alternative dispute resolution (0-3) Case management (0-6) Court automation (0-4) Court structure and proceedings (-1-5)

Details – Enforcing Contracts in Fiji

Indicator

Time (days) 397

Filing and service 36

Trial and judgment 206

Enforcement of judgment 155

Cost (% of claim value) 42.6

Attorney fees 28.6

Court fees 4

Enforcement fees 10

Quality of judicial processes index (0-18) 7.5

Court structure and proceedings (-1-5) 3.0

Case management (0-6) 2.0

Court automation (0-4) 0.5

Alternative dispute resolution (0-3) 2.0


Details – Enforcing Contracts in Fiji – Measure of Quality

Answer Score

Quality of judicial processes index (0-18) 7.5

Court structure and proceedings (-1-5) 3.0

1. Is there a court or division of a court dedicated solely to hearing commercial cases? No 0.0

2. Small claims court 1.5

2.a. Is there a small claims court or a fast-track procedure for small claims? Yes

2.b. If yes, is self-representation allowed? Yes

3. Is pretrial attachment available? Yes 1.0

4. Are new cases assigned randomly to judges? Yes, but manual 0.5

5. Does a woman's testimony carry the same evidentiary weight in court as a man's? Yes 0.0

Case management (0-6) 2.0

1. Time standards 1.0

1.a. Are there laws setting overall time standards for key court events in a civil case? Yes

1.b. If yes, are the time standards set for at least three court events? Yes

1.c. Are these time standards respected in more than 50% of cases? Yes

2. Adjournments 0.0

2.a. Does the law regulate the maximum number of adjournments that can be granted? No

2.b. Are adjournments limited to unforeseen and exceptional circumstances? No

2.c. If rules on adjournments exist, are they respected in more than 50% of cases? n.a.

3. Can two of the following four reports be generated about the competent court: (i) time to disposition report; (ii)clearance rate report; (iii) age of pending cases report; and (iv) single case progress report?

No 0.0

4. Is a pretrial conference among the case management techniques used before the competent court? No 0.0

5. Are there any electronic case management tools in place within the competent court for use by judges? Yes 1.0

6. Are there any electronic case management tools in place within the competent court for use by lawyers? No 0.0

Court automation (0-4) 0.5

1. Can the initial complaint be filed electronically through a dedicated platform within the competent court? No 0.0

2. Is it possible to carry out service of process electronically for claims filed before the competent court? No 0.0

3. Can court fees be paid electronically within the competent court? No 0.0

4. Publication of judgments 0.5

4.a Are judgments rendered in commercial cases at all levels made available to the general publicthrough publication in official gazettes, in newspapers or on the internet or court website?

No

4.b. Are judgments rendered in commercial cases at the appellate and supreme court level madeavailable to the general public through publication in official gazettes, in newspapers or on the internetor court website?

Yes

Alternative dispute resolution (0-3) 2.0

1. Arbitration 1.5

1.a. Is domestic commercial arbitration governed by a consolidated law or consolidated chapter orsection of the applicable code of civil procedure encompassing substantially all its aspects?

Yes

1.b. Are there any commercial disputes—aside from those that deal with public order or public policy—that cannot be submitted to arbitration?

No

1.c. Are valid arbitration clauses or agreements usually enforced by the courts? Yes


2. Mediation/Conciliation 0.5

2.a. Is voluntary mediation or conciliation available? Yes

2.b. Are mediation, conciliation or both governed by a consolidated law or consolidated chapter orsection of the applicable code of civil procedure encompassing substantially all their aspects (forexample, definition, aim and scope of application, desig

No

2.c. Are there financial incentives for parties to attempt mediation or conciliation (i.e., if mediation orconciliation is successful, a refund of court filing fees, income tax credits or the like)?

No


Resolving Insolvency

studies the time, cost and outcome of insolvency proceedings involving domestic legal entities. These variables are used to calculate the recovery rate,which is recorded as cents on the dollar recovered by secured creditors through reorganization, liquidation or debt enforcement (foreclosure or receivership) proceedings.To determine the present value of the amount recovered by creditors, uses the lending rates from the International Monetary Fund, supplemented withdata from central banks and the Economist Intelligence Unit. The most recent round of data collection was completed in May 2019.

.

Doing Business

Doing BusinessSee the methodology for more

information


Time required to recover debt (years)

Measured in calendar years•Appeals and requests for extension are included•

Cost required to recover debt (% of debtor’s estate)

Measured as percentage of estate value•Court fees•Fees of insolvency administrators•Lawyers’ fees•Assessors’ and auctioneers’ fees•Other related fees•

Outcome

Whether business continues operating as a going concern orbusiness assets are sold piecemeal

•

Recovery rate for creditors

Measures the cents on the dollar recovered by securedcreditors

•

Outcome for the business (survival or not) determines themaximum value that can be recovered

•

Official costs of the insolvency proceedings are deducted•Depreciation of furniture is taken into account•Present value of debt recovered•

Strength of insolvency framework index (0- 16)

Sum of the scores of four component indices:•Commencement of proceedings index (0-3)•Management of debtor’s assets index (0-6)•Reorganization proceedings index (0-3)•Creditor participation index (0-4)•


To make the data on the time, cost and outcome comparable across economies, severalassumptions about the business and the case are used:

- A hotel located in the largest city (or cities) has 201 employees and 50 suppliers. The hotelexperiences financial difficulties.- The value of the hotel is 100% of the income per capita or the equivalent in local currency of USD200,000, whichever is greater.- The hotel has a loan from a domestic bank, secured by a mortgage over the hotel’s real estate.The hotel cannot pay back the loan, but makes enough money to operate otherwise.

In addition, evaluates the quality of legal framework applicable to judicialliquidation and reorganization proceedings and the extent to which best insolvency practices havebeen implemented in each economy covered.

Doing Business


http://www.doingbusiness.org/en/methodology/resolving-insolvency

http://www.doingbusiness.org/en/methodology/resolving-insolvency

Resolving Insolvency - Fiji

Figure – Resolving Insolvency in Fiji – Score

Recovery rate

50.1

Strength of insolvency framework index

37.5

Figure – Resolving Insolvency in Fiji and comparator economies – Ranking and Score

DB 2020 Resolving Insolvency Score

0 100



43.8: Fiji (Rank: 98)


33.4: Samoa (Rank: 140)


Note: The ranking of economies on the ease of resolving insolvency is determined by sorting their scores for resolving insolvency. These scores are the simple averageof the scores for the recovery rate and the strength of insolvency framework index.


OECD highincome


Recovery rate (cents on the dollar) 46.5 35.5 70.2 92.9 (Norway)

Time (years) 1.8 2.6 1.7 0.4 (Ireland)

Cost (% of estate) 10.0 20.6 9.3 1.0 (Norway)

Outcome (0 as piecemeal sale and 1 as going concern) 0 .. .. ..

Strength of insolvency framework index (0-16) 6.0 7.0 11.9 None in 2018/19


Figure – Resolving Insolvency in Fiji – Time and Cost

EastAsia&

Pacific


NewZealand

OECDhigh

income

PapuaNew

Guinea

Samoa

0

0.5

1

1.5

2

2.5

3

3.5

Tim

e (y

ears

)

0510152025303540

Cost

(% o

f est

ate)2.6

20.6 1.8

10.0

2.0

38.0

1.3

3.5

1.7

9.3

3.0

23.0 2.0

38.0Time (years) Cost (% of estate)


Figure – Resolving Insolvency in Fiji and comparator economies – Measure of Quality

Note: Even if the economy’s legal framework includes provisions related to insolvency proceedings (liquidation or reorganization), the economy receives 0 points for thestrength of insolvency framework index, if time, cost and outcome indicators are recorded as “no practice.”

Fiji

Marshall Islands

New Zealand

Papua New Guinea

Samoa

OECD high income

East Asia & Pacific

0 2 4 6 8 10 12 14Sub-Indicator Score

2 2 2 0

0000

3 3 2 0.5

3 2 1 0

3 2.5 1 1

5.3 2.8 2.1 1.9

3.7 2.3 1.3 1

Management of debtor's assets index (0-6) Commencement of proceedings index (0-3) Creditor participation index (0-4) Reorganization proceedings index (0-3)

Figure – Resolving Insolvency in Fiji and comparator economies – Recovery Rate

Fiji Marshall Islands New Zealand Papua New Guinea Samoa East Asia & Pacific

0102030405060708090

Reco

very

rate

(cen

ts o

n th

e do

llar)

46.5

17.1

79.7

24.918.5

35.5


Details – Resolving Insolvency in Fiji

Indicator Answer Score

Proceeding receivership After Mirage's default, BizBank will file an application to appoint a receiver as the debenture holder. The court wouldthen appoint an official receiver, who would collect statement of affairs, finalize creditors' claims, and try to sellMirage's business as a going concern. Sale proceeds will be paid to Mirage then. This is the most likely in-courtprocedure in Fiji.

Outcome piecemeal sale No, the hotel will stop operating and Mirage assets will be sold piecemeal as a result of the receivership proceeding. InFiji, businesses do not generally continue to operate as a going concern at the end of the proceedings.

Time (in years) 1.8 It takes 1.8 years from Mirage's default until BizBank is repaid some of the money owed to it through the receivershipproceeding. The delay in the completion of receivership is resulted from the advertisement of the sale and execution ofthe sale.

Cost (% of estate) 10.0 The costs associated with the receivership case would amount to approximately 10% of the value of the debtor'sestate (FJD 754,782). Costs incurred mainly include court or government agency fees (FJD 400), attorney fees (FJD2,500), costs of notification and publication (FJD 200), variable receiver fees, variable fees of accountants, assessors,inspectors and other professionals, and variable fees of auctioneers.

Recovery rate(cents on the dollar)

46.5


Details – Resolving Insolvency in Fiji – Measure of Quality

Even if the economy’s legal framework includes provisions related to insolvency proceedings (liquidation or reorganization), the economy receives 0 points for thestrength of insolvency framework index, if time, cost and outcome indicators are recorded as “no practice.”Note:

Answer Score

Strength of insolvency framework index (0-16) 6.0

Commencement of proceedings index (0-3) 2.0

What procedures are available to a DEBTOR when commencing insolvency proceedings? (b) Debtor may file forliquidation only

0.5

Does the insolvency framework allow a CREDITOR to file for insolvency of the debtor? (b) Yes, but a creditormay file for liquidationonly

0.5

What basis for commencement of the insolvency proceedings is allowed under the insolvency framework? (a)Debtor is generally unable to pay its debts as they mature (b) The value of debtor's liabilities exceeds the valueof its assets

(a) Debtor isgenerally unable topay its debts as theymature

1.0

Management of debtor's assets index (0-6) 2.0

Does the insolvency framework allow the continuation of contracts supplying essential goods and services to thedebtor?

No 0.0

Does the insolvency framework allow the rejection by the debtor of overly burdensome contracts? No 0.0

Does the insolvency framework allow avoidance of preferential transactions? Yes 1.0

Does the insolvency framework allow avoidance of undervalued transactions? Yes 1.0

Does the insolvency framework provide for the possibility of the debtor obtaining credit after commencement ofinsolvency proceedings?

No 0.0

Does the insolvency framework assign priority to post-commencement credit? (c) No priority isassigned to post-commencementcreditors

0.0

Reorganization proceedings index (0-3) 0.0

Which creditors vote on the proposed reorganization plan? N/A 0.0

Does the insolvency framework require that dissenting creditors in reorganization receive at least as much aswhat they would obtain in a liquidation?

No 0.0

Are the creditors divided into classes for the purposes of voting on the reorganization plan, does each class voteseparately and are creditors in the same class treated equally?

No 0.0

Creditor participation index (0-4) 2.0

Does the insolvency framework require approval by the creditors for selection or appointment of the insolvencyrepresentative?

Yes 1.0

Does the insolvency framework require approval by the creditors for sale of substantial assets of the debtor? No 0.0

Does the insolvency framework provide that a creditor has the right to request information from the insolvencyrepresentative?

No 0.0

Does the insolvency framework provide that a creditor has the right to object to decisions accepting or rejectingcreditors' claims?

Yes 1.0


Employing Workers

presents detailed data for the employing workers indicators on the website ( ). The study does not presentrankings of economies on these indicators or include the topic in the aggregate ease of doing business score or ranking on the ease of doing business.Doing Business Doing Business http://www.doingbusiness.org

The most recent round of data collection was completed in May 2019. .See the methodology for more information


(i) whether fixed-term contracts are prohibited for permanenttasks; (ii) maximum cumulative duration of fixed-term contracts;(iii) length of the maximum probationary period; (iv) minimumwage;(v) ratio of minimum wage to the average value added perworker.

Hiring

(i) maximum number of working days allowed per week; (ii)premiums for work: at night, on a weekly rest day and overtime;(iii) whether there are restrictions on work at night, work on aweekly rest day and for overtime work; (iv) length of paid annualleave.

Working hours

(i) whether redundancy can be basis for terminating workers; (ii)whether employer needs to notify and/or get approval from thirdparty to terminate 1 redundant worker and a group of 9 redundantworkers; (iii) whether the law requires employer to reassign orretrain a worker before making worker redundant; (iv) whetherpriority rules apply for redundancies and reemployment.

Redundancy rules

(i) notice period for redundancy dismissal; (ii) severancepayments, and (iii) penalties due when terminating a redundantworker. Data on the availability of unemployment protection for aworker with one year of employment is also collected.

Redundancy cost


To make the data comparable across economies, several assumptions about the worker and thebusiness are used.

- Is a cashier in a supermarket or grocery store, age 19, with one year of work experience.- Is a full-time employee.- Is not a member of the labor union, unless membership is mandatory.

The worker:

- Is a limited liability company (or the equivalent in the economy).- Operates a supermarket or grocery store in the economy’s largest business city. For 11economies the data are also collected for the second largest business city.- Has 60 employees.- Is subject to collective bargaining agreements if such agreements cover more than 50% of thefood retail sector and they apply even to firms that are not party to them.- Abides by every law and regulation but does not grant workers more benefits than thosemandated by law, regulation or (if applicable) collective bargaining agreements.

The business:


http://www.doingbusiness.org/

http://www.doingbusiness.org/en/methodology/labor-market-regulation

Employing Workers - Fiji

Details – Employing Workers in Fiji

Answer

Hiring

Fixed-term contracts prohibited for permanent tasks? No

Maximum length of a single fixed-term contract (months) No limit

Maximum length of fixed-term contracts, including renewals (months) No limit

Minimum wage applicable to the worker assumed in the case study (US$/month) 315.1

Ratio of minimum wage to value added per worker 0.4

Maximum length of probationary period (months) 3.0

Working hours

Standard workday 8.0

Maximum number of working days per week 6.0

Premium for night work (% of hourly pay) 4.3

Premium for work on weekly rest day (% of hourly pay) 0.0

Premium for overtime work (% of hourly pay) 50.0

Restrictions on night work? No

Restrictions on weekly holiday? No

Restrictions on overtime work? No

Paid annual leave for a worker with 1 year of tenure (working days) 10.0

Paid annual leave for a worker with 5 years of tenure (working days) 10.0

Paid annual leave for a worker with 10 years of tenure (working days) 10.0

Paid annual leave (average for workers with 1, 5 and 10 years of tenure, in working days) 10.0

Redundancy rules

Dismissal due to redundancy allowed by law? Yes

Third-party notification if one worker is dismissed? Yes

Third-party approval if one worker is dismissed? No

Third-party notification if nine workers are dismissed? Yes

Third-party approval if nine workers are dismissed? No

Retraining or reassignment obligation before redundancy? No

Priority rules for redundancies? No

Priority rules for reemployment? No

Redundancy cost

Notice period for redundancy dismissal for a worker with 1 year of tenure (weeks of salary) 4.3

Notice period for redundancy dismissal for a worker with 5 years of tenure (weeks of salary) 4.3

Notice period for redundancy dismissal for a worker with 10 years of tenure (weeks of salary) 4.3

Notice period for redundancy dismissal (average for workers with 1, 5 and 10 years of tenure, in weeks of salary) 4.3

Severance pay for redundancy dismissal for a worker with 1 year of tenure (weeks of salary) 1.0

Severance pay for redundancy dismissal for a worker with 5 years of tenure (weeks of salary) 5.0


Severance pay for redundancy dismissal for a worker with 10 years of tenure (weeks of salary) 10.0

Severance pay for redundancy dismissal (average for workers with 1, 5 and 10 years of tenure, in weeks of salary) 5.3

Unemployment protection after one year of employment? No


Business Reforms in Fiji

From May 2, 2018 to May 1, 2019, 115 economies implemented 294 business regulatory reforms across the 10 areas measured by Doing Business. Reforms inspired byhave been implemented by economies in all regions. The following are reforms implemented since 2008.Doing Business Doing Business

DB2017

Starting a Business: Fiji made starting a business easier by reducing the time required to start a business. Fiji also made starting a business less costly by reducingfees at the business registrar.

Getting Credit: The credit bureau in Fiji suspended operations making it more difficult to gain access to credit information.

Protecting Minority Investors: Fiji strengthened minority investor protections by introducing greater disclosure requirements for related-party transactions.

DB2014

Paying Taxes: Fiji made paying taxes more complicated for companies by transferring the fringe benefit tax liability from employees to employers and by limiting thedeductibility of mandatory contributions.

DB2013

Starting a Business: Fiji made starting a business more difficult by requiring new companies applying for a business license to obtain a certificate from the national fireauthority and a letter of compliance from the Ministry of Labor.

Dealing with Construction Permits: Fiji made obtaining a construction permit more expensive by implementing a fee for the fire department clearance.

Registering Property: Fiji made transferring property more difficult by requiring parties to a property transaction to obtain a capital gains tax clearance certificatefrom the Fiji Revenue and Customs Authority.

Paying Taxes: Fiji made paying taxes less costly for companies by reducing the profit tax rate. At the same time, Fiji introduced capital gains tax.

DB2012

Starting a Business: Fiji made starting a business more difficult by adding a requirement to obtain a tax identification number when registering a new company.

DB2011

Trading across Borders: Fiji made trading easier by opening customer care service centers and improving customs operations.

DB2010

Paying Taxes: Fiji made paying taxes less costly for companies by reducing the corporate income tax rate—though it also imposed a road user levy on all vehicles.

DB2009

Dealing with Construction Permits: Fiji made dealing with construction permits more difficult through new regulations that added new procedures related to health,fire safety, and water and sewerage connections.

Employing Workers: Fiji introduced a requirement to notify third parties in cases of redundancy dismissals and implemented a severance payment obligation.

DB2008

Enforcing Contracts: Fiji made enforcing contracts easier by introducing a new case management system that has improved court operations.

= reform making it easier to do business. = Change making it more difficult to do business.Doing Business


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