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Business Removing

Doing Business in 2005 -- Removing Obstacles to Growth

Doing Business in 2005 -- Removing Obstacles to Growth

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COUNTRY TABLES 129<br />

UKRAINE GNI per capita (US$) 970 Population (m) 48.4<br />

Europe & Central Asia<br />

Lower middle income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 15 Number of procedures 9 Disclosure Index 3<br />

Time (days) 34 Time (days) 93<br />

Cost (% of income per capita) 17.6 Cost (% of property value) 4.3 Enforcing contracts<br />

Minimum capital (% of income per capita) 113.9 Number of procedures 28<br />

Getting Credit Time (days) 269<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 3.5 Cost (% of debt) 11.0<br />

Difficulty of hiring index 33 Legal rights of borrowers and lenders 6<br />

Rigidity of hours index 80 Credit information index 0 Closing a business<br />

Difficulty of firing index 80 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 2.6<br />

Rigidity of employment index 64 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 18.0<br />

Firing costs (weeks) 94 Recovery rate (cents on the dollar) 25.5<br />

UNITED ARAB EMIRATES GNI per capita (US$) 20,217 Population (m) 4.0<br />

Middle East & North Africa<br />

High income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 12 Number of procedures 3 Disclosure Index 2<br />

Time (days) 54 Time (days) 9<br />

Cost (% of income per capita) 26.5 Cost (% of property value) 2.1 Enforcing contracts<br />

Minimum capital (% of income per capita) 416.9 Number of procedures 53<br />

Getting Credit Time (days) 614<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 9.4 Cost (% of debt) 16.0<br />

Difficulty of hiring index 0 Legal rights of borrowers and lenders 4<br />

Rigidity of hours index 80 Credit information index 2 Closing a business<br />

Difficulty of firing index 20 Public registry coverage (borrowers/1000 adults) 18 Time of insolvency (years) 5.1<br />

Rigidity of employment index 33 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 38.0<br />

Firing costs (weeks) 96 Recovery rate (cents on the dollar) 4.7<br />

UNITED KINGDOM GNI per capita (US$) 28,350 Population (m) 59.3<br />

OECD: High income<br />

High income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 6 Number of procedures 2 Disclosure Index 7<br />

Time (days) 18 Time (days) 21<br />

Cost (% of income per capita) 0.9 Cost (% of property value) 4.1 Enforcing contracts<br />

Minimum capital (% of income per capita) 0.0 Number of procedures 14<br />

Getting Credit Time (days) 288<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 0.1 Cost (% of debt) 15.7<br />

Difficulty of hiring index 11 Legal rights of borrowers and lenders 10<br />

Rigidity of hours index 40 Credit information index 6 Closing a business<br />

Difficulty of firing index 10 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 1.0<br />

Rigidity of employment index 20 Private bureau coverage (borrowers/1000 adults) 1000 Cost of insolvency (% of estate) 6.0<br />

Firing costs (weeks) 25 Recovery rate (cents on the dollar) 85.8<br />

UNITED STATES GNI per capita (US$) 37,610 Population (m) 291.0<br />

OECD: High income<br />

High income<br />

Starting a business Registering property Protecting investors<br />

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

Time (days) 5 Time (days) 12<br />

Cost (% of income per capita) 0.6 Cost (% of property value) 0.5 Enforcing contracts<br />

Minimum capital (% of income per capita) 0.0 Number of procedures 17<br />

Getting Credit Time (days) 250<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 0.1 Cost (% of debt) 7.5<br />

Difficulty of hiring index 0 Legal rights of borrowers and lenders 7<br />

Rigidity of hours index 0 Credit information index 6 Closing a business<br />

Difficulty of firing index 10 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 3.0<br />

Rigidity of employment index 3 Private bureau coverage (borrowers/1000 adults) 1000 Cost of insolvency (% of estate) 8.0<br />

Firing costs (weeks) 8 Recovery rate (cents on the dollar) 68.2

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