Report an accessibility problem
Doing Business North America

Doing Business

Country: United States

State: North Carolina

Population: 872,498

Income Per Capita: $34,687.00

2019 score 82.97
2019 rank 6
2019 Ease of Doing Business Score Comparison (out of 100)

82.41

Cheyenne, Wyoming
Rank 8

82.89

Houston, Texas
Rank 7

82.97

Charlotte, North Carolina
Rank 6

83.37

Atlanta, Georgia
Rank 5

83.68

Boise, Idaho
Rank 4

Category 2019 score 2019 rank
Starting a Business 82.6594 45
Employing Workers 85.18 4
Getting Electricity 90.73 21
Registering Property 62.26 35
Paying Taxes 78.92 8
Resolving Insolvency 91.91 1
2019 Starting a Business Score Comparsion (out of 100)

82.15

Querétaro, Querétaro
Rank 47

82.16

St. Johns, Newfoundland and Labrador
Rank 46

82.66

Charlotte, North Carolina
Rank 45

83.10

Billings, Montana
Rank 44

83.22

Providence, Rhode Island
Rank 43

2019 Starting a Business Raw Data
Indicator 2019
Number of Procedures 5
Time (in Calendar Days) 8
Cost (as a Percent of Income per Capita) 0.0137
2019 Employing Workers Score Comparsion (out of 100)

84.81

Cheyenne, Wyoming
Rank 6

85.17

Virginia Beach, Virginia
Rank 5

85.18

Charlotte, North Carolina
Rank 4

85.25

Jackson, Mississippi
Rank 3

85.80

Atlanta, Georgia
Rank 2

2019 Employing Workers Raw Data
Indicator 2019
Ratio of Annual Minimum Wage to Personal Income 0.4347
Maximum Length of Probationary Period (in Months) n/a
Maximum Number of Working Days per Week 7
Premium for Night Work (Percent of Hourly Pay) 1.00%
Premium for Work on Weekly Rest Day (Percent of Hourly Pay) 1.00%
Premium for Overtime Work (Percent of Hourly Pay) 1.50%
Paid Annual Leave for a Worker with 1 Year of Tenure (in Working Days) 0
Paid Annual Leave for a Worker with 5 Years of Tenure (in Working Days) 0
Paid Annual Leave for a Worker with 10 Years of Tenure (in Working Days) 0
Average Paid Annual Leave for 1, 5 and 10 Years of Tenure (in Working Days) 0.00
Notice Period for Redundancy Dismissal for a Worker with 1 Year of Tenure (in Weeks) 0
Notice Period for Redundancy Dismissal for a Worker with 5 Years of Tenure (in Weeks) 0
Notice Period for Redundancy Dismissal for a Worker with 10 Years of Tenure (in Weeks) 0
Average Notice Period for 1, 5 and 10 Years of Tenure (in Weeks) 0.00
Severance Pay for Redundancy Dismissal for a Worker with 1 Year of Tenure (in Weeks) 0
Severance Pay for Redundancy Dismissal for a Worker with 5 Years of Tenure (in Weeks) 0
Severance Pay for Redundancy Dismissal for a Worker with 10 Years of Tenure (in Weeks) 0
Average Severance Pay for a 1, 5 and 10 Years of Tenure (in Weeks) 0.00
Minimum Length of Paid Maternity Leave (in Weeks) 0
Wages Received on Maternity Leave (as a Percent of Hourly Pay) 0.00%
Minimum Length of Unpaid Maternity Leave (in Weeks) 12.00
Number of Unpaid Sick Leave (in Weeks) 12.00
Average Number of Unpaid Sick and Maternity Leave (in Weeks) 12.00
Number of Paid Sick Leave (in Calendar Days) 0
2019 Getting Electricity Comparsion (out of 100)

90.46

Salt Lake City, Utah
Rank 23

90.49

Fargo, North Dakota
Rank 22

90.73

Charlotte, North Carolina
Rank 21

90.91

St. Louis, Missouri
Rank 20

90.99

Jackson, Mississippi
Rank 19

2019 Getting Electricity Raw Data
Indicator 2019
Number of Procedures n/a
Time (in Calendar Days) n'/a
Cost (as a Percent of Income per Capita) 0.7402
Price of Electricity (US Cents per kWh) 0.0796
2019 Registering Property Comparsion (out of 100)

61.47

Burlington, Vermont
Rank 37

62.14

Minneapolis, Minnesota
Rank 36

62.26

Charlotte, North Carolina
Rank 35

62.77

Wichita, Kansas
Rank 34

62.81

Orlando, Florida
Rank 33

2019 Registering Property Raw Data
Indicator 2019
Number of Forms to Legally Transfer Title on Immovable Property 3
Time Required to Process Deed (in Calendar Days) n/a
Cost Required to Process Deed (in USD) 62.00
How Land Titles are Kept at the Registry 1.0
How Immovable Property is Identified 1.0
Reliability of Infrastructure Index (Scale: 0 - 2) 2.0
Information on Land-Ownership is Made Publicly-Available 1.0
List of Documents for Completing the Registration of Property Transactions is Made Publicly-Available 1.0
Fee Schedule for Completing the Registration of Property Transactions is Made Publicly-Available 1.0
Specific and Independent Mechanism for Filing Complaints 1.0
Agency in Charge of Immovable Property Registration Commits to a Specific Time Frame 0.0
Deed to Legally Transfer Title on Immovable Property Can Be Processed Online 0.0
Transparency of Information Index (Scale: 0 – 6) 4.0
Quality of Land Administration Index (Scale: 0 – 8) (DBNA) 6.0
2019 Paying Taxes Comparsion (out of 100)

78.48

Rochester, New York
Rank 10

78.73

Winnipeg, Manitoba
Rank 9

78.92

Charlotte, North Carolina
Rank 8

80.50

Fargo, North Dakota
Rank 7

81.64

Ottawa, Ontario
Rank 6

2019 Paying Taxes Raw Data
Indicator 2019
City Personal Income Tax Rate 0.0000
Federal Personal Income Tax Rate 0.2200
State Personal Income Tax Rate 0.0525
Total Personal Income Tax Rate 0.2725
Federal Corporate Income Tax Rate 0.2100
State Corporate Income Tax Rate 0.0250
City Corporate Income Tax Rate 0.0000
Total Corporate Income Tax Rate 0.2350
Gross Receipts Tax Rate 0.0000
Commercial Property Effective Tax Rate 0.0108
2019 Resolving Insolvency Comparsion (out of 100)

61.07

Vancouver, British Columbia
Rank 2

61.07

Moncton, New Brunswick
Rank 2

91.91

Charlotte, North Carolina
Rank 1

2019 Resolving Insolvency Raw Data
Indicator 2019
Time (in Years) 1.00
Whether debtors can initiate both liquidation and reorganiza­tion proceedings 1.0
Whether creditors can initiate both liquidation and reorganization proceedings 1.0
What standard is used for commence­ment of insolvency proceedings 1.0
Commencement of Proceedings Index (0-3) 3.0
Whether the debtor can continue performing contracts essential to the debtor’s survival 1.0
Whether the debtor can reject overly burdensome contracts 1.0
Whether transactions entered into before commencement of insolvency proceedings that give preference to one or several creditors 1.0
Whether undervalued transactions entered into before commencement of insolvency proceedings can be avoided after proceedings are 1.0
Whether the insolvency framework includes specific provisions that allow the debtor to obtain financing necessary to function du 1.0
Whether post-commencement finance receives priority over ordinary unse­cured creditors during distribution of assets 1.0
Management of Debtor's Assets Index (0-6) 6.0
Whether the reorganization plan is voted on only by the creditors whose rights are modified or affected by the plan 1.0
Whether creditors entitled to vote on the plan are divided into classes, each class votes separately and the creditors within ea 1.0
Whether the insolvency framework requires that dissenting creditors receive as much under the reorganiza­tion plan as they would 1.0
Reorganization Proceedings Index (0-3) 3.0
Whether creditors appoint the insol­vency representative or approve, ratify or reject the appointment of the insolvency represen 1.0
Whether creditors are required to approve the sale of substantial assets of the debtor in the course of insol­vency proceedings 0.0
Whether an individual creditor has the right to access financial information about the debtor during insolvency proceedings 1.0
Whether an individual creditor can object to a decision of the court or of the insolvency representative to approve or reject cl 1.0
Creditor Participation Index (0-4) 3.0
Strength of Insolvency Framework Index (0-16) 15.0