South Sudan
The ISO code of South Sudan is SS according to the ISO 3166 standard. The local name of the country is the same as its English name. South Sudan capital city is Juba. People in South Sudan speak the English language. On 9 July 2011, South Sudan emerged as a sovereign political entity. In the year 07/09/2011, South Sudan emerged as a sovereign political entity. The largest city in South Sudan is Juba.
South Sudan is located in the UTC +03:00 time zone, which is also called Eastern Africa Time or EAT. The internet country code top-level domain (ccTLD) for South Sudan is .ss. The International dialing code for South Sudan is 211. People in South Sudan drive on the right side of the road. South Sudan is not a landlocked country. It means that is is bordered by at least one major body of water.
South Sudan is located in Africa. South Sudan is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life.
Doing business in South Sudan
We offer various corporate services in South Sudan jurisdiction. These services can serve both, people coming from South Sudan and foreigners. If you plan on doing business in South Sudan you might be interested in contacting us.
To find out about starting your business in South Sudan click on company formation in South Sudan.
To find out how to open a bank account in South Sudan and moreover what type of account Confidus Solutions suggests to create, please click on bank account in South Sudan.
Choose preferred service below or continue reading to find out more about South Sudan.
Demographics of South Sudan
The total population of South Sudan is 12,919,053 people. In South Sudan, the population density is 17.5 people per square kilometer (46 per square mile). Because of this statistic, this country is considered to be sparsely populated. South Sudan has approximately 824122 foreign immigrants. The median age is approximately 16.8 years. In South Sudan, 15.9 in every 100 people use internet.
The majority religion of South Sudan is Christianity, South Sudan is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Click on a link to read more on demographics of South Sudan.
Culture of South Sudan
People in South Sudan speak the English language. One of the most popular national dishes of South Sudan is ful medames. To read more click on culture of South Sudan.
Geography of South Sudan
South Sudan is located in Africa. Its capital city is Juba. South Sudan has 6 neighbouring countries. Its neighbours include Central African Republic, Democratic Republic of the Congo, Ethiopia, Kenya, Sudan, and Uganda. Total length of land borders of South Sudan is 6018 kilometers (~2,324 miles).
The highest point of South Sudan is Kinyeti, with its official height being 3187 m (10,457 ft). The most notable natural resources found in South Sudan are hydropower, fertile agricultural land, gold, diamonds, petroleum, hardwoods, limestone, iron ore, copper, chromium ore, zinc, tungsten, mica, silver.To read more click on geography of South Sudan.
Economy of South Sudan
The currency of the country is South Sudanese pound. The symbol used for this currency is £, and it is abbreviated as SSP. 11.5% of population in the country are unemployed. The total number of unemployed people in South Sudan is 1,485,691. Each year, South Sudan exports around $2.26 billion and imports roughly $0.424 billion. The Gini Index of the country is 46. The Global Peace Index (GPI) for South Sudan is 3.383. South Sudan has a government debt of 92.6% of the country's Gross Domestic Product (GDP), as assessed in 2010. South Sudan is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Major industries in the country are petroleum, iron ore, copper, chromium ore, zinc, tungsten, mica, silver, gold, hydropower, cotton, groundnuts (peanuts), sorghum, millet, wheat, gum arabic, sugarcane, cassava (tapioca), mangos, papaya, bananas, sweet potatoes, and sesame.
The total Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) in South Sudan is $23,496 billion. The corporate tax in South Sudan is set at 15%. Personal income tax ranges from 0% to 15%, depending on your specific situation and income level. VAT in South Sudan is 15%. In 2013, South Sudan received 1578 million USD in foreign aid.In 2014, the foreign aid amounted to 1088 USD.To read more click on economy of South Sudan.
Infrastructure of South Sudan
In South Sudan, 5.1% of the population has access to electricity. South Sudan has 85 airports nationwide.
The number of road motor vehicles per 1000 inhabitants in South Sudan is 76. To read more click on infrastructure of South Sudan.
Politics of South Sudan
South Sudan, is a presidential republic. With regard to political and civil freedoms, South Sudan is 3. Citizens in South Sudan experience little to no civil liberties and political rights. Citizens are not free to express themselves and do not enjoy political freedom or a representative government. Countries with this political situation are dangerous for investment, as an authoritarian government may have outsize control over economic matters. The head of the government is Salva Kiir Mayardit.
According to the World Bank Group, the government effectiveness index of South Sudan is -2.13. This indicates that the government of South Sudan is very ineffective. The government is unable to provide civil and public services for its citizens and has fostered a situation contributing to political and social unrest.In South Sudan, the legislative power is vested in a National Legislature. The Global Peace Index (GPI) for South Sudan is 3.383. The strength of legal rights index for South Sudan is 2. Overall, it is considered to be rather weak - bankruptcy and collateral laws are unable to protect the rights of borrowers and lenders in case of credit-related complications; credit information, if any at all, is scarce and hardly accessible. In 2013, South Sudan received 1578 million USD in foreign aid. In 2014, the foreign aid amounted to 1088 USD. South Sudan is a member of the United Nations (UN). On 14 July 2011, it joined the UN as a full member state. South Sudan is a member of the African Union (AU). On 27 July 2011, it joined the AU as a full member state. South Sudan is a member of the World Bank. To read more click on politics of South Sudan.
Environment of South Sudan
148196 km² of South Sudan's territory is covered in forests, The number of road motor vehicles per 1000 inhabitants in South Sudan is 76. To read more click on environment of South Sudan.
Company formation in South Sudan
The development of telecommunications and economic globalization has made it possible for interested investors to form companies around the world. With proper research, financial investments, and legal backing, business ventures can safely be established in South Sudan.
When establishing a company in South Sudan, an interested investor must do due diligence with regard to legal processes, international regulations, and sufficient investment for success. It is critical to understand cultural, social, and political factors of South Sudan that will affect the establishment and growth of one's business. Contact us or click on company formation in South Sudan to read additional information when setting up a business.
Bank account opening in South Sudan
With the right paperwork and initial outlay, it is possible for a foreign citizen to open a bank account in South Sudan. This opportunity for international accounts and investments offers several advantages based on economic regulations and tax structures. Interest rates and fees vary depending on your interests.
When considering opening a bank account in South Sudan, one must enlist the help of international experts to guide them through the process. To find out more about our banking services click on bank account in South Sudan or contact us.