Business For Sale Comoros | Business For Sale Listings
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Get to Know About Comoros
Comoros is an island country in the Indian Ocean in Africa. It extends to 1,660 square kilometers and has an estimated population of 850,688. Thus, Comoros is one of the least populated countries in the world, but at the same time, has one of the highest population densities in the world.
Comoros is one of the least developed countries in the world. There are many limitations and challenges for doing business in Comoros, and World Bank puts it on 164 among 190 countries in its ease of doing business index. Lack of necessary infrastructures, uncontrolled population, and a lot of external national debt all contribute to making it difficult for a business to sustain in the country. If we look at the stats, there are only 15 physicians per 1000 people. Additionally, a low educational rate, few natural resources, and an ever-growing population under the poverty line mean it might be hard for you to find buyers.
As you can see, doing business in Comoros is not easy, but at the same time, you get opportunities. There are unexplored potentials, especially in the field of agriculture. Comoros produces one of the highest amounts of vanilla and is the largest producer of Ylang-ylang (a tropical tree whose flower can be used for perfume scents). The corporate tax rate is between 34% to 50% depending on how much you make.
Comoros, for now, is a country struggling with almost everything. Anyway, it may develop with good governance. Thus, you can try and be part of the change if you have a viable business plan.