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Sudan

The ISO code of Sudan is SD according to the ISO 3166 standard. The local name of the country is As-Sudan. Sudan capital city is Khartoum. People in Sudan speak the Arabic, and English languages. Around 1070 BC, Sudan emerged as a sovereign political entity. In the year 1070 BC, Sudan emerged as a sovereign political entity. The largest cities in Sudan are Khartoum, Omdurman.

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 Sudan is .sd. Other domains assigned to Sudan are سودان.. The International dialing code for Sudan is 249. People in Sudan drive on the right side of the road. Sudan is not a landlocked country. It means that is is bordered by at least one major body of water.

A view in Sudan

Sudan is located in Africa. 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.

Currently Sudan faces various issues, including inadequate supplies of potable water, wildlife populations threatened by excessive hunting, soil erosion, desertification, periodic drought.

Doing business in Sudan

We offer various corporate services in Sudan jurisdiction. These services can serve both, people coming from Sudan and foreigners. If you plan on doing business in Sudan you might be interested in contacting us.

To find out about starting your business in Sudan click on company formation in Sudan.

To find out how to open a bank account in Sudan and moreover what type of account Confidus Solutions suggests to create, please click on bank account in Sudan.

Choose preferred service below or continue reading to find out more about Sudan.

Company formation Bank account (Corporate)Available banks Bank account (Private)

Demographics of Sudan

The total population of Sudan is 41,511,526 people. In Sudan, the population density is 16.8 people per square kilometer (44 per square mile). Because of this statistic, this country is considered to be sparsely populated. The ethnic diversity is rather diverse according to a fractionalization scale which for Sudan is 0.7147. Sudan has approximately 446707 foreign immigrants. The median age is approximately 19.1 years. In Sudan, 21 in every 100 people use internet. Sudan has a Human Development Index (HDI) of 0.473.

The majority religion of Sudan is Islam, 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 Sudan.

Culture of Sudan

People in Sudan speak the Arabic, and English languages. According to data on inbound tourists in Sudan, 591,000 tourists arrive in the country each year. One of the most popular national dishes of Sudan is ful medames. To read more click on culture of Sudan.

Geography of Sudan

Sudan is located in Africa. Its capital city is Khartoum. Sudan has 7 neighbouring countries. Its neighbours include Central African Republic, Chad, Egypt, Eritrea, Ethiopia, Libya, and South Sudan. Total length of land borders of Sudan is 6819 kilometers (~2,633 miles).

The highest point of Sudan is Deriba Caldera, with its official height being 3042 m (9,981 ft). The most notable natural resources found in Sudan are petroleum, iron ore, copper, chromium ore, zinc, tungsten, mica, silver, gold, hydropower.To read more click on geography of Sudan.

Economy of Sudan

The currency of the country is Sudanese pound. The symbol used for this currency is ج.س., and it is abbreviated as SDG. 12.8% of population in the country are unemployed. The total number of unemployed people in Sudan is 5,313,475. Each year, Sudan exports around $4.14 billion and imports roughly $5.94 billion. The Gini Index of the country is 51. Sudan has a Human Development Index (HDI) of 0.473.The Global Peace Index (GPI) for Sudan is 3.295. Sudan has a government debt of 89.3% of the country's Gross Domestic Product (GDP), as assessed in 2012. 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 oil, cotton ginning, textiles, cement, edible oils, sugar, soap distilling, shoes, petroleum refining, pharmaceuticals, armaments, automobile/light truck assembly.

The total Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) in Sudan is $160,189 billion. Each year, consumers spend around $37,732 million. The ratio of consumer spending to GDP in Sudan is 0%, and the ratio of consumer spending to the world consumer market is 0.1088. The corporate tax in Sudan is set at 15%. Personal income tax ranges from 15% to 20%, depending on your specific situation and income level. VAT in Sudan is 15%. In 2013, Sudan received 983.2 million USD in foreign aid.In 2014, the foreign aid amounted to 1123.5 USD.To read more click on economy of Sudan.

Infrastructure of Sudan

Infrastructure quality in Sudan is rated to be at 1.9. It indicates a mediocre quality - roads, railroad, ports and other facilities are able to handle somewhat significant traffic, but not enough to ensure smooth transit at all times.

In Sudan, 32.6% of the population has access to electricity. There are 99 internet hosts in Sudan. Sudan has 74 airports nationwide.

The logistics performance index of Sudan is 2.16. It indicates a mediocre performance - shipping procedures are relatively unreliable, timeliness and safety of transferred goods are often a problem, although such a system may function relatively well if traffic is no too dense.

Tracking possibilities for shipments are rated at 2.42. It indicates a mediocre performance - the tracking systems provide some degree of information which usually includes the most necessary topics, such as the current location of a shipment, the dates of arrival and departure and the status of a shipment; still, more detailed information about the status and multi-language accessibility options are usually lacking.

The number of road motor vehicles per 1000 inhabitants in Sudan is 291. To read more click on infrastructure of Sudan.

Politics of Sudan

Sudan, is a dominant-party federal presidential republic. With regard to political and civil freedoms, Sudan is 3. Citizens in 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 Omar al-Bashir.

According to the World Bank Group, the government effectiveness index of Sudan is -1.61. This indicates that the government of 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 Sudan, the legislative power is vested in a National Legislature. The Global Peace Index (GPI) for Sudan is 3.295. The strength of legal rights index for Sudan is 3. Overall, it is considered to be rather inadequate - bankruptcy and collateral laws are able to protect the rights of borrowers and lenders to some degree; credit information may be sufficient, but hardly available, or, the oppoiste case, available but not sufficient. In 2013, Sudan received 983.2 million USD in foreign aid. In 2014, the foreign aid amounted to 1123.5 USD. Sudan is a member of the United Nations (UN). On 12 November 1956, it joined the UN as a full member state. Sudan is a member of the World Bank. To read more click on politics of Sudan.

Environment of Sudan

Sudan emits 0.3 metric tons per capita of CO2. 675460 km² of Sudan's territory is covered in forests, The number of road motor vehicles per 1000 inhabitants in Sudan is 291. To read more click on environment of Sudan.

Company formation in 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 Sudan.

When establishing a company in 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 Sudan that will affect the establishment and growth of one's business. Contact us or click on company formation in Sudan to read additional information when setting up a business.

Bank account opening in Sudan

With the right paperwork and initial outlay, it is possible for a foreign citizen to open a bank account in 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 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 Sudan or contact us.