Business Removing
Doing Business in 2005 -- Removing Obstacles to Growth
Doing Business in 2005 -- Removing Obstacles to Growth
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106 DOING BUSINESS IN 2005<br />
CROATIA GNI per capita (US$) 5,350 Population (m) 4.5<br />
Europe & Central Asia<br />
Upper middle income<br />
Starting a business Registering property Protecting investors<br />
Number of procedures 12 Number of procedures 5 Disclosure Index 4<br />
Time (days) 49 Time (days) 956<br />
Cost (% of income per capita) 14.4 Cost (% of property value) 2.5 Enforcing contracts<br />
Minimum capital (% of income per capita) 24.4 Number of procedures 22<br />
Getting Credit Time (days) 415<br />
Hiring and Firing Workers Cost to create collateral (% income per capita) 6.1 Cost (% of debt) 10.0<br />
Difficulty of hiring index 61 Legal rights of borrowers and lenders 4<br />
Rigidity of hours index 60 Credit information index 0 Closing a business<br />
Difficulty of firing index 50 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 3.1<br />
Rigidity of employment index 57 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 18.0<br />
Firing costs (weeks) 55 Recovery rate (cents on the dollar) 26.1<br />
CZECH REPUBLIC GNI per capita (US$) 6,740 Population (m) 10.2<br />
Europe & Central Asia<br />
Upper middle income<br />
Starting a business Registering property Protecting investors<br />
Number of procedures 10 Number of procedures 4 Disclosure Index 6<br />
Time (days) 40 Time (days) 122<br />
Cost (% of income per capita) 10.8 Cost (% of property value) 3.0 Enforcing contracts<br />
Minimum capital (% of income per capita) 44.5 Number of procedures 22<br />
Getting Credit Time (days) 300<br />
Hiring and Firing Workers Cost to create collateral (% income per capita) 0.6 Cost (% of debt) 9.6<br />
Difficulty of hiring index 44 Legal rights of borrowers and lenders 6<br />
Rigidity of hours index 20 Credit information index 5 Closing a business<br />
Difficulty of firing index 20 Public registry coverage (borrowers/1000 adults) 21 Time of insolvency (years) 9.2<br />
Rigidity of employment index 28 Private bureau coverage (borrowers/1000 adults) 249 Cost of insolvency (% of estate) 18.0<br />
Firing costs (weeks) 22 Recovery rate (cents on the dollar) 16.8<br />
DENMARK GNI per capita (US$) 33,750 Population (m) 5.4<br />
OECD: High income<br />
High income<br />
Starting a business Registering property Protecting investors<br />
Number of procedures 4 Number of procedures 6 Disclosure Index 5<br />
Time (days) 4 Time (days) 42<br />
Cost (% of income per capita) 0.0 Cost (% of property value) 0.6 Enforcing contracts<br />
Minimum capital (% of income per capita) 48.8 Number of procedures 15<br />
Getting Credit Time (days) 83<br />
Hiring and Firing Workers Cost to create collateral (% income per capita) 16.4 Cost (% of debt) 6.6<br />
Difficulty of hiring index 0 Legal rights of borrowers and lenders 7<br />
Rigidity of hours index 40 Credit information index 3 Closing a business<br />
Difficulty of firing index 10 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 3.4<br />
Rigidity of employment index 17 Private bureau coverage (borrowers/1000 adults) 71 Cost of insolvency (% of estate) 8.0<br />
Firing costs (weeks) 39 Recovery rate (cents on the dollar) 59.8<br />
DOMINICAN REPUBLIC GNI per capita (US$) 2,070 Population (m) 8.7<br />
Latin America & Caribbean<br />
Lower middle income<br />
Starting a business Registering property Protecting investors<br />
Number of procedures 10 Number of procedures 7 Disclosure Index 1<br />
Time (days) 78 Time (days) 107<br />
Cost (% of income per capita) 25.4 Cost (% of property value) 6.3 Enforcing contracts<br />
Minimum capital (% of income per capita) 1.9 Number of procedures 29<br />
Getting Credit Time (days) 580<br />
Hiring and Firing Workers Cost to create collateral (% income per capita) 38.4 Cost (% of debt) 35.0<br />
Difficulty of hiring index 11 Legal rights of borrowers and lenders 4<br />
Rigidity of hours index 80 Credit information index 5 Closing a business<br />
Difficulty of firing index 30 Public registry coverage (borrowers/1000 adults) . . Time of insolvency (years) 3.5<br />
Rigidity of employment index 40 Private bureau coverage (borrowers/1000 adults) 294 Cost of insolvency (% of estate) 8.0<br />
Firing costs (weeks) 70 Recovery rate (cents on the dollar) 17.1