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196<br />

DOING BUSINESS 2015<br />

Reform making it easier to do business<br />

Change making it more difficult to do business<br />

KIRIBATI East Asia & Pacific GNI per capita (US$) 2,620<br />

Ease of doing business rank (1–189) 134 Overall distance to frontier (DTF) score (0–100) 55.48 Population (m) 0.1<br />

Starting a business (rank) 122 Registering property (rank) 139 Trading across borders (rank) 81<br />

DTF score for starting a business (0–100) 79.74 DTF score for registering property (0–100) 55.48 DTF score for trading across borders (0–100) 74.76<br />

Procedures (number) 7 Procedures (number) 5 Documents to export (number) 6<br />

Time (days) 31 Time (days) 513 Time to export (days) 20<br />

Cost (% of income per capita) 20.5 Cost (% of property value) 0.0 Cost to export (US$ per container) 870<br />

Minimum capital (% of income per capita) 19.5 Documents to import (number) 6<br />

Getting credit (rank) 160 Time to import (days) 21<br />

Dealing with construction permits (rank) 65 DTF score for getting credit (0–100) 20.00 Cost to import (US$ per container) 910<br />

DTF score for dealing with construction permits (0–100) 75.71 Strength of legal rights index (0–12) 4<br />

Procedures (number) 14 Depth of credit information index (0–8) 0 Enforcing contracts (rank) 60<br />

Time (days) 149 Credit bureau coverage (% of adults) 0.0 DTF score for enforcing contracts (0–100) 64.15<br />

Cost (% of warehouse value) 0.3 Credit registry coverage (% of adults) 0.0 Procedures (number) 32<br />

Time (days) 660<br />

Getting electricity (rank) 167 Protecting minority investors (rank) 154 Cost (% of claim) 25.8<br />

DTF score for getting electricity (0–100) 52.26 DTF score for protecting minority investors (0–100) 41.67<br />

Procedures (number) 6 Extent of conflict of interest regulation index (0–10) 6.3 Resolving insolvency (rank) 189<br />

Time (days) 97 Extent of shareholder governance index (0–10) 2.0 DTF score for resolving insolvency (0–100) 0.00<br />

Cost (% of income per capita) 4,768.9 Strength of minority investor protection index (0–10) 4.2 Time (years) NO PRACTICE<br />

Cost (% of estate)<br />

NO PRACTICE<br />

Paying taxes (rank) 14 Recovery rate (cents on the dollar) 0.0<br />

DTF score for paying taxes (0–100) 91.03 Strength of insolvency framework index (0–16) 0<br />

Payments (number per year) 7<br />

Time (hours per year) 120<br />

Total tax rate (% of profit) 32.7<br />

KOREA, REP. OECD high income GNI per capita (US$) 25,920<br />

Ease of doing business rank (1–189) 5 Overall distance to frontier (DTF) score (0–100) 83.40 Population (m) 50.2<br />

Starting a business (rank) 17 Registering property (rank) 79 Trading across borders (rank) 3<br />

DTF score for starting a business (0–100) 94.36 DTF score for registering property (0–100) 70.99 DTF score for trading across borders (0–100) 93.45<br />

Procedures (number) 3 Procedures (number) 7 Documents to export (number) 3<br />

Time (days) 4 Time (days) 7 Time to export (days) 8<br />

Cost (% of income per capita) 14.5 Cost (% of property value) 5.1 Cost to export (US$ per container) 670<br />

Minimum capital (% of income per capita) 0.0 Documents to import (number) 3<br />

Getting credit (rank) 36 Time to import (days) 7<br />

Dealing with construction permits (rank) 12 DTF score for getting credit (0–100) 65.00 Cost to import (US$ per container) 695<br />

DTF score for dealing with construction permits (0–100) 85.89 Strength of legal rights index (0–12) 5<br />

Procedures (number) 10 Depth of credit information index (0–8) 8 Enforcing contracts (rank) 4<br />

Time (days) 29 Credit bureau coverage (% of adults) 100.0 DTF score for enforcing contracts (0–100) 81.71<br />

Cost (% of warehouse value) 4.3 Credit registry coverage (% of adults) 0.0 Procedures (number) 32<br />

Time (days) 230<br />

Getting electricity (rank) 1 Protecting minority investors (rank) 21 Cost (% of claim) 10.3<br />

DTF score for getting electricity (0–100) 99.83 DTF score for protecting minority investors (0–100) 66.67<br />

Procedures (number) 3 Extent of conflict of interest regulation index (0–10) 7.0 Resolving insolvency (rank) 5<br />

Time (days) 18 Extent of shareholder governance index (0–10) 6.3 DTF score for resolving insolvency (0–100) 90.06<br />

Cost (% of income per capita) 41.1 Strength of minority investor protection index (0–10) 6.7 Time (years) 1.5<br />

Cost (% of estate) 4<br />

Paying taxes (rank) 25 Recovery rate (cents on the dollar) 83.1<br />

DTF score for paying taxes (0–100) 86.09 Strength of insolvency framework index (0–16) 14.5<br />

Payments (number per year) 10<br />

Time (hours per year) 187<br />

Total tax rate (% of profit) 32.4<br />

KOSOVO Europe & Central Asia GNI per capita (US$) 3,890<br />

Ease of doing business rank (1–189) 75 Overall distance to frontier (DTF) score (0–100) 64.76 Population (m) 1.8<br />

Starting a business (rank) 42 Registering property (rank) 34 Trading across borders (rank) 118<br />

DTF score for starting a business (0–100) 91.33 DTF score for registering property (0–100) 81.32 DTF score for trading across borders (0–100) 67.70<br />

Procedures (number) 5 Procedures (number) 6 Documents to export (number) 8<br />

Time (days) 11 Time (days) 27 Time to export (days) 15<br />

Cost (% of income per capita) 1.2 Cost (% of property value) 0.3 Cost to export (US$ per container) 1,695<br />

Minimum capital (% of income per capita) 0.0 Documents to import (number) 7<br />

Getting credit (rank) 23 Time to import (days) 15<br />

Dealing with construction permits (rank) 135 DTF score for getting credit (0–100) 70.00 Cost to import (US$ per container) 1,730<br />

DTF score for dealing with construction permits (0–100) 63.36 Strength of legal rights index (0–12) 8<br />

Procedures (number) 15 Depth of credit information index (0–8) 6 Enforcing contracts (rank) 138<br />

Time (days) 152 Credit bureau coverage (% of adults) 0.0 DTF score for enforcing contracts (0–100) 48.59<br />

Cost (% of warehouse value) 6.7 Credit registry coverage (% of adults) 22.8 Procedures (number) 53<br />

Time (days) 330<br />

Getting electricity (rank) 112 Protecting minority investors (rank) 62 Cost (% of claim) 33.0<br />

DTF score for getting electricity (0–100) 70.34 DTF score for protecting minority investors (0–100) 57.50<br />

Procedures (number) 7 Extent of conflict of interest regulation index (0–10) 5.3 Resolving insolvency (rank) 164<br />

Time (days) 46 Extent of shareholder governance index (0–10) 6.2 DTF score for resolving insolvency (0–100) 19.63<br />

Cost (% of income per capita) 822.5 Strength of minority investor protection index (0–10) 5.8 Time (years) 2.0<br />

Cost (% of estate) 15<br />

Paying taxes (rank) 63 Recovery rate (cents on the dollar) 36.5<br />

DTF score for paying taxes (0–100) 77.87 Strength of insolvency framework index (0–16) 0<br />

Payments (number per year) 33<br />

Time (hours per year) 155<br />

Total tax rate (% of profit) 15.3<br />

Note: For resolving insolvency, an economy for which “no practice” is recorded for time and cost receives a score of 0 on the strength of insolvency framework index even if its legal framework includes provisions related to<br />

insolvency proceedings (liquidation or reorganization). Most indicator sets refer to a case scenario in the largest business city of an economy, except for 11 economies for which the data are a population-weighted average<br />

for the 2 largest business cities. See the data notes for more details.

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