Download Doing Business 2011: Making a Difference for Entrepreneurs - by World Bank PDF

By World Bank

8th in a sequence of annual stories evaluating enterprise laws in 183 economies, Doing enterprise 2011 measures laws affecting 10 parts of daily enterprise job: beginning a enterprise, facing development allows, making use of employees, registering estate, getting credits, holding traders, paying taxes, buying and selling throughout borders, implementing contracts, and final a enterprise. The document updates all 10 units of signs, ranks nations on their total ease of doing company and analyzes reforms to company legislation- deciding on which international locations are enhancing strengthening their enterprise setting the main and which of them slipped. Doing company 2011 contains effects at the ongoing examine within the sector of "getting electrical energy" and illustrates how reforms in enterprise rules can translate into larger results for family marketers and the broader economic climate. It additionally makes a speciality of how girls in specific are plagued by complicated company rules.

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Additional resources for Doing Business 2011: Making a Difference for Entrepreneurs - Economic Community of Central African States (ECCAS) 57938

Sample text

The Democratic Republic of Congo eased business start-up by eliminating procedures, including the company seal. 6% and a time limit for issuing building permits. The Democratic Republic of Congo reduced by half the property transfer tax to 3% of the property value. The Republic of Congo reduced its corporate income tax rate from 38% to 36% in 2010. São Tomé and Principe made starting a business more difficult by introducing a minimum capital requirement for limited liability companies. São Tomé and Principe reduced the corporate income tax rate to a standard 25%.

02 40 Since 2004 Doing Business has been tracking reforms aimed at simplifying business regulations, strengthening property rights, opening access to credit and enforcing contracts by measuring their impact on 10 indicator sets . * Nearly 1,000 reforms have had an impact on these indicators. Doing Business 2011, covering June 2009 to June 2010, reports that 117 economies implemented 216 reforms to make it easier to start a business. 64% of economies measured by Doing Business have reformed this year, focusing on easing business start-up, lightening the tax burden, simplifying import and export regulations and improving credit information systems.

Where contract enforcement is efficient, firms have greater access to credit and are more likely to engage with new borrowers or customers. Doing Business measures the efficiency of the judicial system in resolving a commercial sale dispute before local courts. Following the step-by-step evolution of a standardized case study, data relating to the time, cost and procedural complexity of resolving a commercial lawsuit are collected through study of the codes of civil procedure and other court regulations, as well as through surveys completed by local litigation lawyers (and, in a quarter of the countries, by judges as well).

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