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Business Removing

Doing Business in 2005 -- Removing Obstacles to Growth

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COUNTRY TABLES 119<br />

NEPAL GNI per capita (US$) 240 Population (m) 24.7<br />

South Asia<br />

Low income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 7 Number of procedures . . Disclosure Index 3<br />

Time (days) 21 Time (days) . .<br />

Cost (% of income per capita) 74.1 Cost (% of property value) . . Enforcing contracts<br />

Minimum capital (% of income per capita) 0.0 Number of procedures 28<br />

Getting Credit Time (days) 350<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 2.4 Cost (% of debt) 25.8<br />

Difficulty of hiring index 22 Legal rights of borrowers and lenders 4<br />

Rigidity of hours index 20 Credit information index 3 Closing a business<br />

Difficulty of firing index 90 Public registry coverage (borrowers/1000 adults) 1 Time of insolvency (years) 5.0<br />

Rigidity of employment index 44 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 8.0<br />

Firing costs (weeks) 90 Recovery rate (cents on the dollar) 25.8<br />

NETHERLANDS GNI per capita (US$) 26,310 Population (m) 16.2<br />

OECD: High income<br />

High income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 7 Number of procedures 4 Disclosure Index 5<br />

Time (days) 11 Time (days) 5<br />

Cost (% of income per capita) 13.2 Cost (% of property value) 6.4 Enforcing contracts<br />

Minimum capital (% of income per capita) 66.2 Number of procedures 22<br />

Getting Credit Time (days) 48<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 0.0 Cost (% of debt) 17.0<br />

Difficulty of hiring index 28 Legal rights of borrowers and lenders 9<br />

Rigidity of hours index 60 Credit information index 5 Closing a business<br />

Difficulty of firing index 40 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 1.7<br />

Rigidity of employment index 43 Private bureau coverage (borrowers/1000 adults) 645 Cost of insolvency (% of estate) 1.0<br />

Firing costs (weeks) 16 Recovery rate (cents on the dollar) 86.2<br />

NEW ZEALAND GNI per capita (US$) 15,870 Population (m) 4.0<br />

OECD: High income<br />

High income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 2 Number of procedures 2 Disclosure Index 5<br />

Time (days) 12 Time (days) 2<br />

Cost (% of income per capita) 0.2 Cost (% of property value) 0.2 Enforcing contracts<br />

Minimum capital (% of income per capita) 0.0 Number of procedures 19<br />

Getting Credit Time (days) 50<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 0.0 Cost (% of debt) 4.8<br />

Difficulty of hiring index 11 Legal rights of borrowers and lenders 9<br />

Rigidity of hours index 0 Credit information index 5 Closing a business<br />

Difficulty of firing index 10 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 2.0<br />

Rigidity of employment index 7 Private bureau coverage (borrowers/1000 adults) 978 Cost of insolvency (% of estate) 4.0<br />

Firing costs (weeks) 0 Recovery rate (cents on the dollar) 71.4<br />

NICARAGUA GNI per capita (US$) 730 Population (m) 5.5<br />

Latin America & Caribbean<br />

Low income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 9 Number of procedures 7 Disclosure Index 1<br />

Time (days) 45 Time (days) 65<br />

Cost (% of income per capita) 170.1 Cost (% of property value) 6.5 Enforcing contracts<br />

Minimum capital (% of income per capita) 0.0 Number of procedures 18<br />

Getting Credit Time (days) 155<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 2.0 Cost (% of debt) 16.3<br />

Difficulty of hiring index 22 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 50 Public registry coverage (borrowers/1000 adults) 62 Time of insolvency (years) 2.2<br />

Rigidity of employment index 51 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 8.0<br />

Firing costs (weeks) 24 Recovery rate (cents on the dollar) 38.1

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