By World Bank
8th in a sequence of annual reviews evaluating enterprise laws in 183 economies, Doing company 2011 measures laws affecting 10 components of daily enterprise job: beginning a enterprise, facing building allows, making use of staff, registering estate, getting credits, maintaining traders, paying taxes, buying and selling throughout borders, imposing contracts, and remaining a company. The file updates all 10 units of symptoms, ranks international locations on their total ease of doing enterprise and analyzes reforms to company law- settling on which nations are enhancing strengthening their enterprise atmosphere the main and which of them slipped. Doing enterprise 2011 comprises effects at the ongoing study within the quarter of "getting electrical energy" and illustrates how reforms in company laws can translate into greater results for family marketers and the broader economic system. It additionally makes a speciality of how ladies in specific are plagued by advanced enterprise rules.
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Extra info for Doing Business 2011: Making a Difference for Entrepreneurs - Latin America 57942
Panama made it more expensive to transfer property by requiring that an amount equal to 3% of the property value be paid upon registration. Panama reduced the corporate income tax rate, modified various taxes and created a new tax court of appeals. Paraguay made dealing with construction permits easier by creating a new administrative structure and a better tracking system in the municipality of Asunción. Peru eased business start-up by simplifying the requirements for operating licenses and creating an online one-stop shop for business registration.
32 Procedures to enforce a contract This graph compares the number of days it takes to recover a commercial debt through the courts. * The economy requiring the least time is included as a benchmark. Time to enforce a contract (days) This graph compares the number of days it takes to recover a commercial debt through the courts. * The economy with the least time is included as a benchmark. 33 Cost to enforce a contract (% of claim) This graph compares the costs it takes to recover a commercial debt through the courts.
42 Summary of changes to Business Regulation in Latin America in Doing Business 2011 Brazil eased business start-up by further enhancing the electronic synchronization between federal and state tax authorities. Chile made business start-up easier by introducing an online system for registration and for filing the request for publication. An amendment to Chile’s securities law strengthened investor protections by requiring greater corporate disclosure and regulating the approval of transactions between interested parties.