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134 DOING BUSINESS IN 2006 KUWAIT Middle East & North Africa GNI per capita (US$) 17,970 Ease of doing business (rank) 47 High income Population (m) 2.4 Starting a business Registering property Trading across borders Procedures (number) 13 Procedures (number) 8 Documents for export (number) 5 Time (days) 35 Time (days) 75 Signatures for export (number) 10 Cost (% of income per capita) 2.2 Cost (% of property value) 0.6 Time for export (days) 30 Minimum capital (% of income per capita) 133.8 Documents for import (number) 11 Getting credit Signatures for import (number) 12 Dealing with licenses Strength of legal rights index (0–10) 5 Time for import (days) 39 Procedures (number) 26 Depth of credit information index (0–6) 4 Time (days) 149 Public registry coverage (% of adults) 0.0 Enforcing contracts Cost (% of income per capita) 278.9 Private bureau coverage (% of adults) 16.1 Procedures (number) 52 Time (days) 390 Hiring and firing workers Protecting investors Cost (% of debt) 13.3 Difficulty of hiring index (0–100) 0 Extent of disclosure index (0–10) 5 Rigidity of hours index (0–100) 60 Extent of director liability index (0–10) 5 Closing a business Difficulty of firing index (0–100) 0 Ease of shareholder suits index (0–10) 5 Time (years) 4 Rigidity of employment index (0–100) 20 Strength of investor protection index (0–10) 5.0 Cost (% of estate) 1 Hiring cost (% of salary) 11 Recovery rate (cents on the dollar) 38.3 Firing cost (weeks of salary) 42 Paying taxes Payments (number) 14 Time (hours per year) . . Total tax payable (% of gross profit) 8.2 KYRGYZ REPUBLIC Eastern Europe & Central Asia GNI per capita (US$) 400 Ease of doing business (rank) 84 Low income Population (m) 5.1 Starting a business Registering property Trading across borders Procedures (number) 8 Procedures (number) 7 Documents for export (number) . . Time (days) 21 Time (days) 10 Signatures for export (number) . . Cost (% of income per capita) 10.4 Cost (% of property value) 5.3 Time for export (days) . . Minimum capital (% of income per capita) 0.6 Documents for import (number) 18 Getting credit Signatures for import (number) 27 Dealing with licenses Strength of legal rights index (0–10) 8 Time for import (days) 127 Procedures (number) 16 Depth of credit information index (0–6) 2 Time (days) 152 Public registry coverage (% of adults) 0.0 Enforcing contracts Cost (% of income per capita) 325.2 Private bureau coverage (% of adults) 0.2 Procedures (number) 46 Time (days) 492 Hiring and firing workers Protecting investors Cost (% of debt) 47.9 Difficulty of hiring index (0–100) 33 Extent of disclosure index (0–10) 8 Rigidity of hours index (0–100) 40 Extent of director liability index (0–10) 1 Closing a business Difficulty of firing index (0–100) 40 Ease of shareholder suits index (0–10) 8 Time (years) 4 Rigidity of employment index (0–100) 38 Strength of investor protection index (0–10) 5.7 Cost (% of estate) 4 Hiring cost (% of salary) 27 Recovery rate (cents on the dollar) 19.7 Firing cost (weeks of salary) 21 Paying taxes Payments (number) 95 Time (hours per year) 204 Total tax payable (% of gross profit) 59.4 LAO PDR East Asia & Pacific GNI per capita (US$) 390 Ease of doing business (rank) 147 Low income Population (m) 5.7 Starting a business Registering property Trading across borders Procedures (number) 9 Procedures (number) 9 Documents for export (number) 12 Time (days) 198 Time (days) 135 Signatures for export (number) 17 Cost (% of income per capita) 15.1 Cost (% of property value) 4.2 Time for export (days) 66 Minimum capital (% of income per capita) 23.4 Documents for import (number) 16 Getting credit Signatures for import (number) 28 Dealing with licenses Strength of legal rights index (0–10) 2 Time for import (days) 78 Procedures (number) 24 Depth of credit information index (0–6) 0 Time (days) 208 Public registry coverage (% of adults) 0.0 Enforcing contracts Cost (% of income per capita) 224.5 Private bureau coverage (% of adults) 0.0 Procedures (number) 53 Time (days) 443 Hiring and firing workers Protecting investors Cost (% of debt) 30.3 Difficulty of hiring index (0–100) 11 Extent of disclosure index (0–10) 4 Rigidity of hours index (0–100) 60 Extent of director liability index (0–10) 2 Closing a business Difficulty of firing index (0–100) 80 Ease of shareholder suits index (0–10) 4 Time (years) 5 Rigidity of employment index (0–100) 50 Strength of investor protection index (0–10) 3.3 Cost (% of estate) 76 Hiring cost (% of salary) 5 Recovery rate (cents on the dollar) 0.0 Firing cost (weeks of salary) 36 Paying taxes Payments (number) 31 Time (hours per year) 180 Total tax payable (% of gross profit) 24.7
COUNTRY TABLES 135 LATVIA Eastern Europe & Central Asia GNI per capita (US$) 5,460 Ease of doing business (rank) 26 Upper middle income Population (m) 2.3 Starting a business Registering property Trading across borders Procedures (number) 7 Procedures (number) 9 Documents for export (number) 9 Time (days) 18 Time (days) 54 Signatures for export (number) 6 Cost (% of income per capita) 4.2 Cost (% of property value) 2.1 Time for export (days) 18 Minimum capital (% of income per capita) 31.8 Documents for import (number) 13 Getting credit Signatures for import (number) 7 Dealing with licenses Strength of legal rights index (0–10) 8 Time for import (days) 21 Procedures (number) 21 Depth of credit information index (0–6) 3 Time (days) 160 Public registry coverage (% of adults) 1.1 Enforcing contracts Cost (% of income per capita) 43.9 Private bureau coverage (% of adults) 0.0 Procedures (number) 20 Time (days) 186 Hiring and firing workers Protecting investors Cost (% of debt) 10.4 Difficulty of hiring index (0–100) 67 Extent of disclosure index (0–10) 5 Rigidity of hours index (0–100) 40 Extent of director liability index (0–10) 4 Closing a business Difficulty of firing index (0–100) 70 Ease of shareholder suits index (0–10) 8 Time (years) 1 Rigidity of employment index (0–100) 59 Strength of investor protection index (0–10) 5.7 Cost (% of estate) 4 Hiring cost (% of salary) 22 Recovery rate (cents on the dollar) 83.1 Firing cost (weeks of salary) 17 Paying taxes Payments (number) 39 Time (hours per year) 320 Total tax payable (% of gross profit) 38.7 LEBANON Middle East & North Africa GNI per capita (US$) 4,980 Ease of doing business (rank) 95 Upper middle income Population (m) 4.5 Starting a business Registering property Trading across borders Procedures (number) 6 Procedures (number) 8 Documents for export (number) 6 Time (days) 46 Time (days) 25 Signatures for export (number) 15 Cost (% of income per capita) 110.6 Cost (% of property value) 5.9 Time for export (days) 22 Minimum capital (% of income per capita) 68.5 Documents for import (number) 12 Getting credit Signatures for import (number) 35 Dealing with licenses Strength of legal rights index (0–10) 4 Time for import (days) 34 Procedures (number) 16 Depth of credit information index (0–6) 4 Time (days) 275 Public registry coverage (% of adults) 3.5 Enforcing contracts Cost (% of income per capita) 214.6 Private bureau coverage (% of adults) 0.0 Procedures (number) 39 Time (days) 721 Hiring and firing workers Protecting investors Cost (% of debt) 26.7 Difficulty of hiring index (0–100) 33 Extent of disclosure index (0–10) 8 Rigidity of hours index (0–100) 0 Extent of director liability index (0–10) 1 Closing a business Difficulty of firing index (0–100) 40 Ease of shareholder suits index (0–10) 4 Time (years) 4 Rigidity of employment index (0–100) 24 Strength of investor protection index (0–10) 4.3 Cost (% of estate) 22 Hiring cost (% of salary) 22 Recovery rate (cents on the dollar) 18.6 Firing cost (weeks of salary) 17 Paying taxes Payments (number) 33 Time (hours per year) 208 Total tax payable (% of gross profit) 30.4 LESOTHO Sub-Saharan Africa GNI per capita (US$) 740 Ease of doing business (rank) 97 Low income Population (m) 1.8 Starting a business Registering property Trading across borders Procedures (number) 9 Procedures (number) 6 Documents for export (number) . . Time (days) 92 Time (days) 101 Signatures for export (number) . . Cost (% of income per capita) 56.1 Cost (% of property value) 8.5 Time for export (days) . . Minimum capital (% of income per capita) 16.4 Documents for import (number) 10 Getting credit Signatures for import (number) 15 Dealing with licenses Strength of legal rights index (0–10) 5 Time for import (days) 50 Procedures (number) 12 Depth of credit information index (0–6) 0 Time (days) 254 Public registry coverage (% of adults) 0.0 Enforcing contracts Cost (% of income per capita) 134.2 Private bureau coverage (% of adults) 0.0 Procedures (number) 49 Time (days) 285 Hiring and firing workers Protecting investors Cost (% of debt) 23.9 Difficulty of hiring index (0–100) 56 Extent of disclosure index (0–10) 2 Rigidity of hours index (0–100) 60 Extent of director liability index (0–10) 2 Closing a business Difficulty of firing index (0–100) 10 Ease of shareholder suits index (0–10) 8 Time (years) 3 Rigidity of employment index (0–100) 42 Strength of investor protection index (0–10) 4.0 Cost (% of estate) 8 Hiring cost (% of salary) 0 Recovery rate (cents on the dollar) 35.9 Firing cost (weeks of salary) 47 Paying taxes Payments (number) 19 Time (hours per year) 564 Total tax payable (% of gross profit) 37.7
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Creating Jobs
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Contents Doing Business in 2006: Cr
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2 DOING BUSINESS IN 2006 to registe
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4 DOING BUSINESS IN 2006 Less costl
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6 DOING BUSINESS IN 2006
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9 Starting a business Who is reform
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STARTING A BUSINESS 11 duced the mi
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STARTING A BUSINESS 13 Introduce st
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15 Dealing with licenses Who is ref
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DEALING WITH LICENSES 17 plain that
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DEALING WITH LICENSES 19 Not in Sie
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21 Hiring and firing workers Who is
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HIRING AND FIRING WORKERS 23 TABLE
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HIRING AND FIRING WORKERS 25 raised
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27 Registering property Who is refo
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REGISTERING PROPERTY 29 In Latin Am
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REGISTERING PROPERTY 31
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33 Getting credit Who is reforming?
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GETTING CREDIT 35
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GETTING CREDIT 37 But public regist
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39 Protecting investors Who is refo
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PROTECTING INVESTORS 41 TABLE 7.2 I
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PROTECTING INVESTORS 43 TABLE 7.6 W
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45 Paying taxes Who is reforming? W
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PAYING TAXES 47
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PAYING TAXES 49 What to reform? Tax
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PAYING TAXES 51 2004, despite the n
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53 Trading across borders Who is re
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TRADING ACROSS BORDERS 55 Who is re
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TRADING ACROSS BORDERS 57 documents
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TRADING ACROSS BORDERS 59
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62 DOING BUSINESS IN 2006 Who is re
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64 DOING BUSINESS IN 2006 loans at
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67 Closing a business Who is reform
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CLOSING A BUSINESS 69 What to refor
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CLOSING A BUSINESS 71 Such measures
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74 DOING BUSINESS IN 2006 Working P
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76 DOING BUSINESS IN 2006 Slovak St
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78 DOING BUSINESS IN 2006 Economy c
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80 DOING BUSINESS IN 2006 a procedu
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82 DOING BUSINESS IN 2006 • Is 10
Page 90 and 91: 84 DOING BUSINESS IN 2006 Protectin
Page 92 and 93: 86 DOING BUSINESS IN 2006 Assumptio
Page 94 and 95: 88 DOING BUSINESS IN 2006 Assumptio
Page 97 and 98: 91 Ease of doing business: an appen
Page 99: APPENDIX 93 countries all rank in t
Page 102 and 103: 96 DOING BUSINESS IN 2006 Starting
Page 104 and 105: 98 DOING BUSINESS IN 2006 Hiring an
Page 106 and 107: 100 DOING BUSINESS IN 2006 Hiring a
Page 108 and 109: 102 DOING BUSINESS IN 2006 Getting
Page 110 and 111: 104 DOING BUSINESS IN 2006 Paying T
Page 112 and 113: 106 DOING BUSINESS IN 2006 Paying T
Page 114 and 115: 108 DOING BUSINESS IN 2006 Enforcin
Page 116 and 117: 110 DOING BUSINESS IN 2006 AFGHANIS
Page 118 and 119: 112 DOING BUSINESS IN 2006 AUSTRALI
Page 120 and 121: 114 DOING BUSINESS IN 2006 BENIN Su
Page 122 and 123: 116 DOING BUSINESS IN 2006 BULGARIA
Page 124 and 125: 118 DOING BUSINESS IN 2006 CENTRAL
Page 126 and 127: 120 DOING BUSINESS IN 2006 CONGO, R
Page 128 and 129: 122 DOING BUSINESS IN 2006 DOMINICA
Page 130 and 131: 124 DOING BUSINESS IN 2006 ETHIOPIA
Page 132 and 133: 126 DOING BUSINESS IN 2006 GHANA Su
Page 134 and 135: 128 DOING BUSINESS IN 2006 HONDURAS
Page 136 and 137: 130 DOING BUSINESS IN 2006 IRAN Mid
Page 138 and 139: 132 DOING BUSINESS IN 2006 JAPAN OE
Page 142 and 143: 136 DOING BUSINESS IN 2006 LITHUANI
Page 144 and 145: 138 DOING BUSINESS IN 2006 MALI Sub
Page 146 and 147: 140 DOING BUSINESS IN 2006 MOLDOVA
Page 148 and 149: 142 DOING BUSINESS IN 2006 NETHERLA
Page 150 and 151: 144 DOING BUSINESS IN 2006 OMAN Mid
Page 152 and 153: 146 DOING BUSINESS IN 2006 PERU Lat
Page 154 and 155: 148 DOING BUSINESS IN 2006 RUSSIA E
Page 156 and 157: 150 DOING BUSINESS IN 2006 SERBIA A
Page 158 and 159: 152 DOING BUSINESS IN 2006 SOUTH AF
Page 160 and 161: 154 DOING BUSINESS IN 2006 SYRIA Mi
Page 162 and 163: 156 DOING BUSINESS IN 2006 TONGA Ea
Page 164 and 165: 158 DOING BUSINESS IN 2006 UNITED K
Page 166 and 167: 160 DOING BUSINESS IN 2006 VIETNAM
Page 169 and 170: 163 Acknowledgments Contact details
Page 171 and 172: ACKNOWLEDGMENTS 165 Tibor Fabian BI
Page 173 and 174: ACKNOWLEDGMENTS 167 Barthélémy Ke
Page 175 and 176: ACKNOWLEDGMENTS 169 Ghislane Moise
Page 177 and 178: ACKNOWLEDGMENTS 171 Bernt Juthstrom
Page 179 and 180: ACKNOWLEDGMENTS 173 Kari Hrafn Kjar
Page 181 and 182: ACKNOWLEDGMENTS 175 Ivan A. Zaitsev
Page 183 and 184: ACKNOWLEDGMENTS 177 Samuel Tembenu
Page 185 and 186: ACKNOWLEDGMENTS 179 Russell Lawn BU
Page 187 and 188: ACKNOWLEDGMENTS 181 Jazmin Banal RO
Page 189 and 190: ACKNOWLEDGMENTS 183 Ivan Petrovic L
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ACKNOWLEDGMENTS 185 Wen-Horng Kao P
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ACKNOWLEDGMENTS 187 Katherine Stone
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Doing Business in 2006: Creating Jo
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