Newark | Doing Business North America

Ease of Doing Business Score

66.82

Ease of Doing Business Rank

68

Employing Workers Score

61.78

Employing Workers Rank

117

Getting Electricity Score

69.22

Getting Electricity Rank

33

Land and Space Use Score

35.11

Land and Space Use Rank

88

Paying Taxes Score

58.48

Paying Taxes Rank

73

Resolving Insolvency Score

91.91

Resolving Insolvency Rank

1

Starting a Business Score

86.32

Starting a Business Rank

32

Year

2021

State

New Jersey

Country

United States

Employing Workers Data

{"Annual Minimum Wage as a Percent of Income per Capita":"113.48%","Maximum Length of Probationary Period (in Calendar Months)":"3","Average Paid Annual Leave for 1, 5 and 10 Years of Tenure (in Working Days)":"0","Average Notice Period for 1, 5 and 10 Years of Tenure":"0","Average Severance Pay for a 1, 5 and 10 Years of Tenure (in Weeks)":"0","Length of Paid Maternity Leave (in Weeks)":"12","Length of Unpaid Maternity Leave (in Weeks)":"12","Number of Paid Sick Leave Days (in Working Days)":"5","Number of Unpaid Sick Leave Days (in Working Days)":"12"}

Getting Electricity Data

{"Price per Kilowatt-Hour":"$0.123 ","More than One Electricity Provider":"1","Average Outage - SAIDI - Without MED":"99.306","Average Outage - SAIFI - Without MED":"1.038"}

Land and Space Use Data

{"Number of Procedures to Transfer Title on Immovable Property":"4","Cost (as a Percent of Income per Capita) to Transfer Title on Immovable Property":"0.66%","Quality of Land Administration Index":"5","Parking Minimum Size (Square Feet per Required Parking Spot)":"500","Number of Approvals Needed (Rezoning)":"3","Number of Approvals Needed (Zoning)":"3"}

Paying Taxes Data

{"Federal Corporate Income Tax Rate":"21.0%","State and Local Corporate Income Tax Rate":"7.5%","Federal Personal Income Tax Rate":"22.0%","State and Local Personal Income Tax Rate":"6.5%","Gross Receipts Score":"10.0","Commercial Property Effective Tax Rate":"2.5%"}

Resolving Insolvency Data

{"Time (in Years)":"1","Strength of Insolvency Framework Index (0-16)":"15"}

Starting a Business Data

{"Number of Procedures to Start a Business":"5","Time (in Working Days) to Start a Business":"1","Cost (as a Percent of Income per Capita) to Start a Business":"0.89%"}

Population

282,090

Income per capita

$20,163.00