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150 DOING BUSINESS IN 2006 SERBIA AND MONTENEGRO Eastern Europe & Central Asia GNI per capita (US$) 2,620 Ease of doing business (rank) 92 Lower middle income Population (m) 8.1 Starting a business Registering property Trading across borders Procedures (number) 10 Procedures (number) 6 Documents for export (number) 9 Time (days) 15 Time (days) 111 Signatures for export (number) 15 Cost (% of income per capita) 6.0 Cost (% of property value) 5.3 Time for export (days) 32 Minimum capital (% of income per capita) 9.5 Documents for import (number) 15 Getting credit Signatures for import (number) 17 Dealing with licenses Strength of legal rights index (0–10) 5 Time for import (days) 44 Procedures (number) 21 Depth of credit information index (0–6) 1 Time (days) 212 Public registry coverage (% of adults) 0.1 Enforcing contracts Cost (% of income per capita) 2195.0 Private bureau coverage (% of adults) 0.0 Procedures (number) 33 Time (days) 635 Hiring and firing workers Protecting investors Cost (% of debt) 18.1 Difficulty of hiring index (0–100) 44 Extent of disclosure index (0–10) 7 Rigidity of hours index (0–100) 0 Extent of director liability index (0–10) 6 Closing a business Difficulty of firing index (0–100) 40 Ease of shareholder suits index (0–10) 4 Time (years) 3 Rigidity of employment index (0–100) 28 Strength of investor protection index (0–10) 5.7 Cost (% of estate) 23 Hiring cost (% of salary) 25 Recovery rate (cents on the dollar) 20.3 Firing cost (weeks of salary) 21 Paying taxes Payments (number) 41 Time (hours per year) 168 Total tax payable (% of gross profit) 46.3 SIERRA LEONE Sub-Saharan Africa GNI per capita (US$) 200 Ease of doing business (rank) 136 Low income Population (m) 5.3 Starting a business Registering property Trading across borders Procedures (number) 9 Procedures (number) 8 Documents for export (number) 7 Time (days) 26 Time (days) 58 Signatures for export (number) 8 Cost (% of income per capita) 835.4 Cost (% of property value) 15.4 Time for export (days) 36 Minimum capital (% of income per capita) 0.0 Documents for import (number) 7 Getting credit Signatures for import (number) 22 Dealing with licenses Strength of legal rights index (0–10) 5 Time for import (days) 39 Procedures (number) 48 Depth of credit information index (0–6) 0 Time (days) 236 Public registry coverage (% of adults) 0.0 Enforcing contracts Cost (% of income per capita) 268.9 Private bureau coverage (% of adults) 0.0 Procedures (number) 58 Time (days) 305 Hiring and firing workers Protecting investors Cost (% of debt) 31.0 Difficulty of hiring index (0–100) 89 Extent of disclosure index (0–10) 3 Rigidity of hours index (0–100) 80 Extent of director liability index (0–10) 6 Closing a business Difficulty of firing index (0–100) 70 Ease of shareholder suits index (0–10) 5 Time (years) 3 Rigidity of employment index (0–100) 80 Strength of investor protection index (0–10) 4.7 Cost (% of estate) 42 Hiring cost (% of salary) 10 Recovery rate (cents on the dollar) 9.0 Firing cost (weeks of salary) 188 Paying taxes Payments (number) 20 Time (hours per year) 399 Total tax payable (% of gross profit) 163.9 SINGAPORE East Asia & Pacific GNI per capita (US$) 24,220 Ease of doing business (rank) 2 High income Population (m) 4.3 Starting a business Registering property Trading across borders Procedures (number) 6 Procedures (number) 3 Documents for export (number) 5 Time (days) 6 Time (days) 9 Signatures for export (number) 2 Cost (% of income per capita) 1.1 Cost (% of property value) 2.8 Time for export (days) 6 Minimum capital (% of income per capita) 0.0 Documents for import (number) 6 Getting credit Signatures for import (number) 2 Dealing with licenses Strength of legal rights index (0–10) 10 Time for import (days) 8 Procedures (number) 11 Depth of credit information index (0–6) 4 Time (days) 129 Public registry coverage (% of adults) 0.0 Enforcing contracts Cost (% of income per capita) 24.0 Private bureau coverage (% of adults) 38.6 Procedures (number) 23 Time (days) 69 Hiring and firing workers Protecting investors Cost (% of debt) 9.0 Difficulty of hiring index (0–100) 0 Extent of disclosure index (0–10) 10 Rigidity of hours index (0–100) 0 Extent of director liability index (0–10) 9 Closing a business Difficulty of firing index (0–100) 0 Ease of shareholder suits index (0–10) 9 Time (years) 1 Rigidity of employment index (0–100) 0 Strength of investor protection index (0–10) 9.3 Cost (% of estate) 1 Hiring cost (% of salary) 13 Recovery rate (cents on the dollar) 91.3 Firing cost (weeks of salary) 4 Paying taxes Payments (number) 16 Time (hours per year) 30 Total tax payable (% of gross profit) 19.5
COUNTRY TABLES 151 SLOVAKIA Eastern Europe & Central Asia GNI per capita (US$) 6,480 Ease of doing business (rank) 37 Upper middle income Population (m) 5.4 Starting a business Registering property Trading across borders Procedures (number) 9 Procedures (number) 3 Documents for export (number) 9 Time (days) 25 Time (days) 17 Signatures for export (number) 8 Cost (% of income per capita) 5.1 Cost (% of property value) 0.1 Time for export (days) 20 Minimum capital (% of income per capita) 41.0 Documents for import (number) 8 Getting credit Signatures for import (number) 10 Dealing with licenses Strength of legal rights index (0–10) 9 Time for import (days) 21 Procedures (number) 13 Depth of credit information index (0–6) 2 Time (days) 272 Public registry coverage (% of adults) 0.5 Enforcing contracts Cost (% of income per capita) 18.0 Private bureau coverage (% of adults) 18.1 Procedures (number) 27 Time (days) 565 Hiring and firing workers Protecting investors Cost (% of debt) 15.0 Difficulty of hiring index (0–100) 17 Extent of disclosure index (0–10) 2 Rigidity of hours index (0–100) 60 Extent of director liability index (0–10) 4 Closing a business Difficulty of firing index (0–100) 40 Ease of shareholder suits index (0–10) 6 Time (years) 5 Rigidity of employment index (0–100) 39 Strength of investor protection index (0–10) 4.0 Cost (% of estate) 18 Hiring cost (% of salary) 35 Recovery rate (cents on the dollar) 38.6 Firing cost (weeks of salary) 13 Paying taxes Payments (number) 31 Time (hours per year) 344 Total tax payable (% of gross profit) 39.5 SLOVENIA Eastern Europe & Central Asia GNI per capita (US$) 14,810 Ease of doing business (rank) 63 High income Population (m) 2.0 Starting a business Registering property Trading across borders Procedures (number) 9 Procedures (number) 6 Documents for export (number) 9 Time (days) 60 Time (days) 391 Signatures for export (number) 7 Cost (% of income per capita) 10.1 Cost (% of property value) 2.0 Time for export (days) 20 Minimum capital (% of income per capita) 17.0 Documents for import (number) 11 Getting credit Signatures for import (number) 9 Dealing with licenses Strength of legal rights index (0–10) 6 Time for import (days) 24 Procedures (number) 14 Depth of credit information index (0–6) 3 Time (days) 207 Public registry coverage (% of adults) 2.7 Enforcing contracts Cost (% of income per capita) 128.7 Private bureau coverage (% of adults) 0.0 Procedures (number) 25 Time (days) 913 Hiring and firing workers Protecting investors Cost (% of debt) 15.2 Difficulty of hiring index (0–100) 61 Extent of disclosure index (0–10) 3 Rigidity of hours index (0–100) 80 Extent of director liability index (0–10) 8 Closing a business Difficulty of firing index (0–100) 50 Ease of shareholder suits index (0–10) 6 Time (years) 4 Rigidity of employment index (0–100) 64 Strength of investor protection index (0–10) 5.7 Cost (% of estate) 15 Hiring cost (% of salary) 17 Recovery rate (cents on the dollar) 27.9 Firing cost (weeks of salary) 43 Paying taxes Payments (number) 29 Time (hours per year) 272 Total tax payable (% of gross profit) 47.3 SOLOMON ISLANDS East Asia & Pacific GNI per capita (US$) 550 Ease of doing business (rank) 53 Low income Population (m) 0.5 Starting a business Registering property Trading across borders Procedures (number) 5 Procedures (number) 6 Documents for export (number) . . Time (days) 35 Time (days) 86 Signatures for export (number) . . Cost (% of income per capita) 48.4 Cost (% of property value) 10.2 Time for export (days) . . Minimum capital (% of income per capita) 0.0 Documents for import (number) 7 Getting credit Signatures for import (number) 5 Dealing with licenses Strength of legal rights index (0–10) 6 Time for import (days) 24 Procedures (number) . . Depth of credit information index (0–6) 0 Time (days) . . Public registry coverage (% of adults) 0.0 Enforcing contracts Cost (% of income per capita) . . Private bureau coverage (% of adults) 0.0 Procedures (number) 30 Time (days) 455 Hiring and firing workers Protecting investors Cost (% of debt) 140.8 Difficulty of hiring index (0–100) 11 Extent of disclosure index (0–10) 5 Rigidity of hours index (0–100) 20 Extent of director liability index (0–10) 6 Closing a business Difficulty of firing index (0–100) 20 Ease of shareholder suits index (0–10) 8 Time (years) 4 Rigidity of employment index (0–100) 17 Strength of investor protection index (0–10) 6.3 Cost (% of estate) 38 Hiring cost (% of salary) 8 Recovery rate (cents on the dollar) 7.1 Firing cost (weeks of salary) 52 Paying taxes Payments (number) 33 Time (hours per year) 80 Total tax payable (% of gross profit) 13.5
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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
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84 DOING BUSINESS IN 2006 Protectin
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86 DOING BUSINESS IN 2006 Assumptio
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88 DOING BUSINESS IN 2006 Assumptio
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91 Ease of doing business: an appen
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APPENDIX 93 countries all rank in t
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96 DOING BUSINESS IN 2006 Starting
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98 DOING BUSINESS IN 2006 Hiring an
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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 140 and 141: 134 DOING BUSINESS IN 2006 KUWAIT M
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 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
Page 191 and 192: ACKNOWLEDGMENTS 185 Wen-Horng Kao P
Page 193 and 194: ACKNOWLEDGMENTS 187 Katherine Stone
Page 196: Doing Business in 2006: Creating Jo
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