Doing Business, a World Bank Group flagship publication, investigates rules and institutions that enhance or constrain business activity in 191 economies.
The report provides quantitative indicators covering 10 areas of the business environment: starting a business, dealing with construction permits, gett... view more
Doing Business, a World Bank Group flagship publication, investigates rules and institutions that enhance or constrain business activity in 191 economies.
The report provides quantitative indicators covering 10 areas of the business environment: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency. The methodology of each of these indicators is presented in a video format.
1. Starting a Business This topic measures the number of procedures, time, cost and paid-in minimum capital requirement for a small- to medium-size limited liability company to start up and formally operate in each economy’s largest business city. |
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2. Dealing with Construction Permits This topic tracks the procedures, time and cost to build a warehouse—including obtaining the necessary licenses and permits, submitting all required notifications, requesting and receiving all necessary inspections and obtaining utility connections. In addition, the dealing with construction permits indicator measures the building quality control index, evaluating the quality of building regulations, the strength of quality control and safety mechanisms, liability and insurance regimes and professional certification requirements. |
VIDEO LINK |
3. Getting Electricity The getting electricity indicators measure the procedures, time and cost required for a business to obtain a permanent electricity connection for a newly constructed warehouse. Additionally, the reliability of supply and transparency of tariffs index measures supply reliability, transparency of tariffs and the price of electricity. |
VIDEO LINK |
4. Registering Property his topic examines the steps, time, and cost involved in registering a property, assuming a standardized case of an entrepreneur who wants to purchase land and a building that is already registered and free of title dispute. In addition, the topic measures the quality of the land administration system in each economy. The quality of land administration index has five dimensions: reliability of infrastructure, transparency of information, geographic coverage, land dispute resolution, and equal access to property rights. |
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5. Getting Credit – Legal Rights Getting Credit - Legal rights measures whether certain features that facilitate lending exist within the applicable collateral and bankruptcy laws. |
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6. Getting Credit – Credit Information Getting Credit - Credit information measures the coverage, scope, and accessibility of credit information available through credit reporting service providers such as credit bureaus or credit registries. |
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7. Protecting Minority Investors This topic measures the strength of minority shareholder protections against misuse of corporate assets by directors for their personal gain as well as shareholder rights, governance safeguards and corporate transparency requirements that reduce the risk of abuse. |
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8. Paying Taxes This topic records the taxes and mandatory contributions that a standardized manufacturing company must pay or withhold in a given year, as well as the administrative burden of paying taxes and contributions. |
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9. Trading Across Borders Doing Business records the time and cost associated with the logistical process of exporting and importing goods. Doing Business measures the time and cost (excluding tariffs) associated with three sets of procedures—documentary compliance, border compliance and domestic transport—within the overall process of exporting or importing a shipment of goods. The trading across borders indicator set assesses the efficiency of trade processes related to control agencies, customs and border authorities, among others. |
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10. Enforcing Contracts The enforcing contracts indicator measures the time and cost for resolving a commercial dispute through a local first-instance court, and the quality of judicial processes index, evaluating whether each economy has adopted a series of good practices that promote quality and efficiency in the court system. |
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11. Resolving Insolvency Doing Business studies the time, cost and outcome of insolvency proceedings involving domestic legal entities. These variables are used to calculate the recovery rate, which is recorded as cents on the dollar recovered by secured creditors through reorganization, liquidation or debt enforcement (foreclosure or receivership) proceedings. |
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12. Contracting with Government The topic explores the number of steps and time associated with awarding a public contract for road resurfacing to a domestically-owned medium-sized limited liability company. The topic benchmarks the entire procurement process and examines the 5 main phases in the life of a government project to be implemented by a private company: (1) budgeting and needs assessment; (2) advertisement and bid submission; (3) bid opening, evaluation and contract signing; (4) contract management; and (5) payment. The topic further benchmarks the legal framework regulating public procurement in a given economy. |
VIDEO LINK |
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