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

By World Bank

8th in a chain 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, utilizing employees, registering estate, getting credits, holding traders, paying taxes, buying and selling throughout borders, imposing contracts, and ultimate a company. The document updates all 10 units of symptoms, ranks nations on their total ease of doing company and analyzes reforms to company rules- deciding upon which nations are bettering strengthening their company setting the main and which of them slipped. Doing company 2011 contains effects at the ongoing study within the zone of "getting electrical energy" and illustrates how reforms in company rules can translate into greater results for family marketers and the broader financial system. It additionally makes a speciality of how girls in specific are laid low with complicated company rules.

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The Democratic Republic of Congo reduced by half the property transfer tax to 3% of the property value. Madagascar continued to reduce corporate tax rates. Madagascar improved communication and coordination between customs and the terminal port operators through its single-window system (GASYNET), reducing both the time and the cost to export and import. Malawi eased property transfers by cutting the wait for consents and registration of legal instruments by half. Malawi simplified the enforcement of contracts by raising the ceiling for commercial claims that can be brought to the magistrates court.

37 Recovery rate (cents on the dollar) This graph compares the recovery rate after an insolvency process. * The economy with the highest recovery rate is included as a benchmark. 6 Average Time to Close a Business (years) 39 The 5 year measure of cumulative change illustrates how the business regulatory environment has changed in 174 economies from Doing Business 2006 to Doing Business 2011. Instead of highlighting which countries currently have the most business friendly environment, this new approach shows the extent to which an economy’s regulatory environment for business has changed compared with 5 years ago.

Instead of highlighting which countries currently have the most business friendly environment, this new approach shows the extent to which an economy’s regulatory environment for business has changed compared with 5 years ago. This snapshot reflects all cumulative changes in an economy’s business regulation as measured by the Doing Business indicators-such as a reduction in the time to start a business thanks to a one-stop shop or an increase in the strength of investor protection index thanks to new stock exchange rules that tighten disclosure requirements for related-party transactions.

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