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Afghanistan, officially the Islamic Republic of Afghanistan, is a landlocked country in Asia.
Afghanistan is bordered by Pakistan to the east and south.
Iran to the west, Turkmenistan, Uzbekistan, and Tajikistan to the north, and China to the northeast.
total: 652,230 sq km
land: 652,230 sq km
water: 0 sq km
Country Source
www.heritage.orgCOUNTRY
INDEX OF
ECONOMIC FREEDOM
Afghanistan's economic freedom score is 51.5, making its economy the 152nd freest in the
2019 Index. Its overall score has increased by 0.2 point, with advances in labor freedom,
property rights protection, and judicial effectiveness outpacing declines in business
freedom and monetary freedom. Afghanistan is ranked 39th among 43 countries in the
Asia–Pacific region, and its overall score is below the regional and world averages.
The improved availability of key economic data made it possible to grade Afghanistan's
economic freedom for the first time in the 2017 Index. Its score in the 2019 Index reflects
steady, incremental improvement in several economic freedom indicators. Over the past
decade, economic growth has been volatile but rapid, with construction and agriculture the
key contributors to economic expansion. Political uncertainty, corruption, and security
challenges remain formidable, and the rule of law remains fragile and uneven across the
country.
Former World Bank technocrat Ashraf Ghani became president of this mountainous and landlocked country in 2014
following an election marred by allegations of vote rigging.
After much political wrangling, President Ghani and former Foreign Minister Abdullah
Abdullah formed a unity government with Abdullah as the newly created chief executive
officer.
Timing of the scheduled 2019 presidential election will likely depend on progress
in talks with the Taliban.
Afghanistan is heavily dependent on international military and
economic assistance, which constituted an estimated 4 percent of GDP in 2016, and its
living standards are among the lowest in the world.
Licit exports include table grapes and raisins, but the economy remains heavily dependent on illicit opium cultivation.
An ongoing insurgency and drought have hampered economic growth.
Afghanistan is ranked 167 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Afghanistan improved to 167 in 2018 from 183 in 2017. Ease of Doing Business in Afghanistan averaged 171.27 from 2008 until 2018, reaching an all-time high of 183 in 2016 and a record low of 154 in 2010.
APPLIES TO WOMEN ONLY : Obtain husband's approval to leave home
Agency : Domicile
1 day No ChargeRegister the company and obtain Tax Identification Number (TIN)
Agency : Afghanistan Central Business Registry(ACBR) under the Ministry of Commerce and Industry
3 days No ChargeObtain the business license
Agency: Afghanistan Central Business Registry (ACBR) under the Ministry of Commerce and Industry
3 days Included in procedure 3File employment contracts with the Ministry of Labor, Social Affairs, Martyrs & Disabled
Agency : Ministry of Labor, Social Affairs, Martyrs & Disabled
1 day No chargeSource : www.doingbusiness.org
Source : tradingeconomics.com
The Corporate Income tax rate is a tax collected from companies. Its amount is based on
the net income companies obtain while exercising their business activity, normally during
one business year.
The Personal Income Tax Rate is a tax collected from individuals and is imposed on
different sources of income like labor, pensions, interest and dividends.
The Sales Tax Rate is a tax charged to consumers based on the purchase price of certain
goods and services.
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