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Doing Business 2015 Going Beyond Efficiency Resources on the Doing Business website Current features News on the Doing Business project http://www.doingbusiness.org Rankings How economies rank—from 1 to 189 http://www.doingbusiness.org/rankings Data All the data for 189 economies—topic rankings, indicator values, lists of regulatory procedures and details underlying indicators http://www.doingbusiness.org/data Reports Access to Doing Business reports as well as subnational and regional reports, reform case studies and customized economy and regional profiles http://www.doingbusiness.org/reports Methodology The methodologies and research papers underlying Doing Business http://www.doingbusiness.org/methodology Research Abstracts of papers on Doing Business topics and related policy issues http://www.doingbusiness.org/research Doing Business reforms Short summaries of DB2015 business regulation reforms, lists of reforms since DB2008 and a ranking simulation tool http://www.doingbusiness.org/reforms Historical data Customized data sets since DB2004 http://www.doingbusiness.org/custom-query Law library Online collection of business laws and regulations relating to business http://www.doingbusiness.org/law-library Contributors More than 10,700 specialists in 189 economies who participate in Doing Business http://www.doingbusiness.org /contributors/doing-business Entrepreneurship data Data on business density (number of newly registered companies per 1,000 working-age people) for 139 economies http://www.doingbusiness.org/data /exploretopics/entrepreneurship Distance to frontier Data benchmarking 189 economies to the frontier in regulatory practice http://www.doingbusiness.org/data /distance-to-frontier Information on good practices Showing where the many good practices identified by Doing Business have been adopted http://www.doingbusiness.org/data /good-practice Doing Business iPhone app Doing Business at a Glance—presenting the full report, rankings and highlights for each topic for the iPhone, iPad and iPod touch http://www.doingbusiness.org /special-features/iphone
Doing Business 2015 Going Beyond Efficiency Contents v Foreword 1 Overview 15 About Doing Business 24 What is changing in Doing Business? 33 Reforming the business environment in 2013/14 Case studies 47 Starting a business The growing efficiency of company registries 53 Zoning and urban planning Understanding the benefits 60 Registering property Measuring the quality of land administration systems 67 Getting credit The importance of registries 76 Protecting minority investors Going beyond related-party transactions 83 Paying taxes Trends before and after the financial crisis 90 Enforcing contracts How judicial efficiency supports freedom of contract 96 Resolving insolvency Measuring the strength of insolvency laws 102 Highlights from the Doing Business research conference 109 References 1 14 Data notes 146 Distance to frontier and ease of doing business ranking 152 Summaries of Doing Business reforms in 2013/14 167 Country tables 231 Labor market regulation data 252 Acknowledgments Doing Business 2015 is the 12th in a series of annual reports investigating the regulations that enhance business activity and those that constrain it. Doing Business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 189 economies—from Afghanistan to Zimbabwe—and over time. Doing Business measures regulations affecting 11 areas of the life of a business. Ten of these areas are included in this year’s ranking on the ease of doing business: 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. Doing Business also measures labor market regulation, which is not included in this year’s ranking. Data in Doing Business 2015 are current as of June 1, 2014. The indicators are used to analyze economic outcomes and identify what reforms of business regulation have worked, where and why.
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STARTING A BUSINESS 49 To implement
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STARTING A BUSINESS 51 FIGURE 5.4 C
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ZONING AND URBAN PLANNING 55 barrie
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ZONING AND URBAN PLANNING 57 one pr
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ZONING AND URBAN PLANNING 59 mixed
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REGISTERING PROPERTY 61 HOW TO PROV
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REGISTERING PROPERTY 63 FIGURE 7.5
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REGISTERING PROPERTY 65 for losses
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GETTING CREDIT 69 FIGURE 8.2—How
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GETTING CREDIT 71 nonincorporated c
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GETTING CREDIT 73 improvement in cr
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GETTING CREDIT 75 FIGURE 8.8—Econ
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PROTECTING MINORITY INVESTORS 77 Sp
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PROTECTING MINORITY INVESTORS 79 as
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PROTECTING MINORITY INVESTORS 81 FI
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PAYING TAXES 85 decline. Its averag
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PAYING TAXES 87 period. The next mo
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PAYING TAXES 89 FIGURE 10.6 Among o
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ENFORCING CONTRACTS 91 FIGURE 11.1
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ENFORCING CONTRACTS 93 been reached
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ENFORCING CONTRACTS 95 FIGURE 11.3
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RESOLVING INSOLVENCY 97 of insolven
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RESOLVING INSOLVENCY 99 FIGURE 12.1
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RESOLVING INSOLVENCY 101 FIGURE 12.
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HIGHLIGHTS FROM THE DOING BUSINESS
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REFERENCES 111 Aggregate, and How t
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REFERENCES 113 Rathinam, Francis Xa
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DATA NOTES 115 METHODOLOGY The Doin
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DATA NOTES 117 Doing Business respo
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DATA NOTES 119 Although procedures
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DATA NOTES 121 TABLE 14.4 What do t
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DATA NOTES 123 is allowed to submit
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Data Notes 125 TABLE 14.6 What do t
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DATA NOTES 127 entities is in opera
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Data Notes 129 Figure 14.11 Protect
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DATA NOTES 131 from the company. A
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DATA NOTES 133 mandated (at any lev
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DATA NOTES 135 TABLE 14.10 Type of
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Data Notes 137 TABLE 14.11 What do
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DATA NOTES 139 FIGURE 14.19 Resolvi
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DATA NOTES 141 TABLE 14.14 What do
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DATA NOTES 143 pay, night work, pro
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DATA NOTES 145 TABLE 14A.1 Cities c
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DISTANCE TO FRONTIER AND EASE OF DO
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SUMMARIES OF DOING BUSINESS REFORMS
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Country tables Reform making it e
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COUNTRY TABLES 169 Reform making i
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COUNTRY TABLES 173 Reform making
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COUNTRY TABLES 191 Reform makin
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LABOR MARKET REGULATION DATA 233 LA
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ACKNOWLEDGMENTS 253 of Aart C. Kraa
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ACKNOWLEDGMENTS 255 ALGERIA DELOITT
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ACKNOWLEDGMENTS 257 Gerald Mittereg
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ACKNOWLEDGMENTS 259 Siarhei Khvasto
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ACKNOWLEDGMENTS 261 Muhidin Karši
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ACKNOWLEDGMENTS 263 Sydney Simonagg
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ACKNOWLEDGMENTS 265 Laurence Idelet
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ACKNOWLEDGMENTS 267 Aurora Barroso
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ACKNOWLEDGMENTS 269 Marius Doh CIE
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ACKNOWLEDGMENTS 271 Lars Lindencron
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ACKNOWLEDGMENTS 273 Astrud María M
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ACKNOWLEDGMENTS 275 Josette Cadie O
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ACKNOWLEDGMENTS 277 Ioannis Sarakin
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ACKNOWLEDGMENTS 279 Patrick Wong MA
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ACKNOWLEDGMENTS 281 Mirza Karim KAR
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ACKNOWLEDGMENTS 283 Enrica Maria Gh
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ACKNOWLEDGMENTS 285 Milly Jalega IS
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ACKNOWLEDGMENTS 287 Guna Paidere RE
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ACKNOWLEDGMENTS 289 Dragica Tasevsk
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ACKNOWLEDGMENTS 291 Cheikh Sall ETU
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ACKNOWLEDGMENTS 293 Vitalie Zama AS
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ACKNOWLEDGMENTS 295 Marcel Kettenis
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ACKNOWLEDGMENTS 297 Adeola Sunmola
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ACKNOWLEDGMENTS 299 Ernesto Velázq
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ACKNOWLEDGMENTS 301 Nuno Gundar da
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ACKNOWLEDGMENTS 303 Vadim Kolomniko
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ACKNOWLEDGMENTS 305 Ivana Ajdanic P
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ACKNOWLEDGMENTS 307 Paul Lategan SH
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ACKNOWLEDGMENTS 309 Tariq Mahmoud E
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ACKNOWLEDGMENTS 311 Kanok Jullamon
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ACKNOWLEDGMENTS 313 Begum Durukan O
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ACKNOWLEDGMENTS 315 Sreekumar Sivas
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ACKNOWLEDGMENTS 317 Bruno Paredes L
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Smarter Regulations for Small and M
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