Business Removing

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ACKNOWLEDGMENTS 151 Beng Hong Ong WONG TAN & MOLLY LIM Tan Peng Chin TAN PENG CHIN Nandakumar Ponniya CLIFFORD CHANCE Mark Rowley CREDIT BUREAU SINGAPORE Teng Siu Ing SINGAPORE LAND AUTHORITY Cheah SweeGim KELVIN CHIA PARTNERSHIP Bok Hoay Tan DONALDSON & BURKINSHAW Sharon Tay DONALDSON & BURKINSHAW David Teo DONALDSON & BURKINSHAW Lincoln Teo CREDIT BUREAU SINGAPORE Daphne Teo MONETARY AUTHORITY OF SINGAPORE Tjong Yai Tjan TAN PENG CHIN Ng Wai King VENTURE LAW Lim Wee Teck RAJAH & TANN Lee Kuan Wei VENTURE LAW Benjamin Yap KELVIN CHIA PARTNERSHIP Jennifer Yeo YEO-LEONG & PEH Samuel Yuen DAVID LIM & PARTNERS SLOVAKIA Miloš Kachanák DETVAI LUDIK MALÝ UDVAROS Martin Bednár HMG & PARTNERS Monika Berecova MINISTRY OF LABOUR, SOCIAL AFFAIRS AND FAMILY Roman Bircak CECHOVÁ RAKOVSKÝ Jana Brezinova DEDÁK & PARTNERS Katarina Cechova CECHOVA RAKOVSKÝ Ondrej Dusek PETERKA & PARTNERS Juraj Elias CMS CARNOGURSKÝ Pavol Erben BLAHA, ERBEN & PARTNERI Lubos Frolkovic WOLF THEISS Milan Horvath NATIONAL BANK OF SLOVAKIA Martin Javorcek CMS CARNOGURSKÝ Michaela Jurková CECHOVÁ RAKOVSKÝ Milos Kachanak DETVAI LUDIK MALÝ UDVAROS Tomáš Kamenec DEDÁK & PARTNERS Renatus Kollar ALLEN&OVERY Petr Kucera ASPEKT KILCULLEN Michal Luknar SQUIRE, SANDERS & DEMPSEY Vladimir Malik COFACE INTERCREDIT SLOVAKIA Jozef Malý DETVAI LUDIK MALÝ UDVAROS Tomáš Maretta CECHOVÁ RAKOVSKÝ Jana Moravcikova CECHOVÁ RAKOVSKÝ Peter Netepn DETVAI LUDIK MALÝ UDVAROS Zuzana Petrasova CECHOVÁ RAKOVSK ADVOCATES Tomáš Rybár CECHOVÁ RAKOVSK ADVOCATES Radoslav Saly CECHOVÁ RAKOVSK ADVOCATES Milan Semelak NATIONAL LABOUR INSPECTORATE Erik Steger WOLF THEISS Jana Štelbacká CECHOVÁ RAKOVSKÝ Lenka Subenikova WOLF THEISS Roman Turok-Hetes NATIONAL BANK OF SLOVAKIA Zuzana Valerova PRICEWATERHOUSECOOPERS SLOVAK OFFICE Tomáš ZareckÝ CECHOVÁ RAKOVSKÝ SLOVENIA Stane Berlec SLOVENIAN TRADE & INVESTMENT PROMOTION AGENCY Crtomir Borec DELOITTE&TOUCHE Simon Bracun LAW FIRM COLJA, ROJS & PARTNERJI Borut Brezovar LABOUR INSPECTORATE OF SLOVENIA, MINISTRA OF LABOUR, FAMILY AND SOCIAL AFFAIR Markus Bruckmueller WOLF THEISS Miodrag Dordevic SUPREME COURT OF SLOVENIA Petra Drobne SMALL BUSINESS DEVELOPMENT CENTER Marina Ferfolja GORSE & PARTNER Joze Golobic SMALL BUSINESS DEVELOPMENT CENTER Vilma Hanzel BANK OF SLOVANIA Sreco Jadek JADEK & PENSA Andrej Jarkovic ŠELIH, ŠELIH, JANEZIC & JARKOVIC Aleksandra Jemc JADEK & PENSA Florian Kirchhof SCHÖHNERR RECHTSANWÄLTE Denis Kostrevc DELOITTE & TOUCHE Katja Kumar Bavec COLJA, ROJS & PARTNERJI Gerald Lambert DELOITTE & TOUCHE Mitja Novak MITJA JELENIC NOVAK Pavle Pensa JADEK & PENSA Tomaz Perse TRADE AND INVESTMENT PROMOTION OFFICE Natasa Pipan Nahtigal ŠELIH, ŠELIH, JANEZIC & JARKOVIC Boris Ruzic LABOUR INSPECTORAT OF SLOVENIA, MINISTRY OF LABOUR, FAMILY AND SOCIAL AFFAIR Rudi Šelih ŠELIH, ŠELIH, JANEZIC & JARKOVIC Klemen Sesok DELOITTE & TOUCHE Damjana Sitar BANK OF SLOVENIA Irina Skocir COFACE INTERCREDIT SLOVENIJA Barbara Smolnikar SKB BANKA DD SOLOMON ISLANDS John Ridgway PACIFIC LEGAL NETWORK LAWYERS SOUTH AFRICA Michael Adcock BOWMAN GILFILLAN Heidi Bell BOWMAN GILFILLAN Andrea Bezuidenhout FINMARK TRUST Fatima Bhyat CONSULTANT Ann Boulton TRANSUNION ITC Marianne Brown INSTITUTE FOR PUBLIC FINANCE AND AUDITING Vicky Bunyan WERKSMANNS Mary Chege-Mwangi LEBOEUF LAMB GREENE & MACRAE Paul Coetser BRINK COHEN LE ROUX INC. Val Cooke TRANSUNION ITC Gretchen De Smit EDWARD, NATHAN & FRIEDLAND O J Ebohon SCHOOL OF ARCHITECTURE, DE MONTFORT UNIVERSITY Miranda Feinstein EDWARD, NATHAN & FRIEDLAND Lauren Flemming TRANSUNION ITC Mike Forsyth AUSTEN SMITH ATTORNEYS David Garegae GREATER PRETORIA METROPOLITAN COUNCIL Hennie Geldenhuys DEPARTMENT OF LAND AFFAIRS Tim Gordon-Grant BOWMAN GILFILLAN INC. Kim Goss BOWMAN GILFILLAN Sam Gumede WERKSMANNS Osafo Gyimah CONSTRUCTION INDUSTRY DEVELOPMENT BOARD Desere Jordaan WEBBER WENTZEL BOWENS Jude Kearney LEBOEUF LAMB GREENE & MACRAE Fritz Keller LINDSAY, KELLER & PARTNERS Alison Koen LINDSAY, KELLER & PARTNERS Renee Kruger WEBBER WENTZEL BOWENS Fatima Laher BOWMAN GILFILLAN Sam Lefafa DEPARTMENT OF LAND AFFAIRS Francis Manickum DEPARTMENT OF TRADE AND INDUSTRY Andrew Muir AUSTEN SMITH ATTORNEYS Johan Neser CLIFFE DEKKER Laurence F Pereira VORSTER PEREIRA Randolph Samuel TRANSUNION ITC Hugo Stark SOUTH AFRICAN RESERVE BANK Claire Tucker BOWMAN GILFILLAN Llevellyn Van Wyk CSIR Jacques VanWyk CLIFFE DEKKER Michael Vorster BOWMAN GILFILLAN Greg Ward TRANSUNION ITC David Watkins BOWMAN GILFILLAN INC. Phillip Webster LEBOEUF LAMB GREENE & MACRAE Allen West DEPARTMENT OF LAND AFFAIRS (JUSTICE COLLEGE) Peter Eugene Whelan BOWMAN GILFILLAN FINDLAY & TAIT Ralph Zulman SUPREME COURT OF APPEAL OF SOUTH AFRICA SPAIN Agustin Bou Maqueda JAUSA, NADAL & VIDAL Cristina Calvo ASHURST Ariadna Cambronero URÍA & MENÉNDEZ Simon Cookson ASHURST Fermin Córdoba Gavín ECHECOPAR ABOGADOS Charles Coward URÍA & MENÉNDEZ Soledad Crucesde Abia BANK OF SPAIN Sergio del Bosque URÍA & MENÉNDEZ Iván Delgado PÉREZ-LLORCA Anselmo Diaz Fernández BANK OF SPAIN Alejandro Ferreres URÍA & MENÉNDEZ Guillermo Frühbeck DR FRÜHBECK ABOGADOS Y ECONOMISTAS Pablo González-Espejo URÍA & MENÉNDEZ Calvin A. Hamilton MONEREO, MEYER & MARINEL-LO ABOGADOS Ana Just LURIS VALLS ABOGADOS André Monereo Velasco MONEREO, MEYER & MARINEL-LO ABOGADOS Fernando Mendez COLEGIO DE RESGITRADORES DE LA PROPIEDAD Y MERCANTILES DE ESPAÑA Nicolas Nogueroles COLEGIO DE RESGITRADORES DE LA PROPIEDAD Y MERCANTILES DE ESPAÑA Candido Paz-Ares URÍA & MENÉNDEZ Alfonso Pedrajas MULLERAT Pedro Pérez-Llorca Zamora PÉREZ-LLORCA Roser Ràfols ROCA JUNYENT ADVOCATS Arturo Rainer Pan ECHECOPAR ABOGADOS LAW FIRM Enrique Rajoy COLEGIO DE RESGITRADORES DE LA PROPIEDAD Y MERCANTILES DE ESPAÑA Ricardo Rebate Labrandero SÁNCHEZ PINTADO, NÚÑEZ & ASOCIADOS Eduardo Rodríguez-Rovira URÍA & MENÉNDEZ María Rubio de Casas BAKER & MCKENZIE, MADRID
152 DOING BUSINESS IN 2005 Pilar Salinas SÁNCHEZ PINTADO, NÚÑEZ & ASOCIADOS Rafael Sebastián URÍA & MENÉNDEZ Arancha Seva García URÍA & MENÉNDEZ Miguel Torres MULLERAT Carlos Vall LURIS VALLS ABOGADOS Javier Valle Zayas URÍA & MENÉNDEZ Eva M. Vazquez MONEREO, MEYER & MARINEL-LO ABOGADOS Carlos Viladás URÍA & MENÉNDEZ Marco Zambrini URÍA & MENÉNDEZ SRI LANKA Asanka Abeysekera TICHURELVAM ASSOCIATES Subashini Abraham SUDATH PERERA ASSOCIATES Ayomi Aluwihare- Gunawardene F.J.& G. DE SARAM N.P.H. Amarasena CREDIT INFORMATION BUREAU OF SRI LANKA Bertie Buddhisena MINISTRY OF LANDS Sharmela de Silva TIRUCHELVAM ASSOCIATES Savantha DeSaram D. L. & F. DE SARAM Amila Fernando JULIUS & CREASY Desmond Fernando FERNANDO & CO. T.G. Gooneratne JULIUS & CREASY Mahinda Haradasa VARNERS LANKA OFFICE U.L. Kadurugamuwa F.J.&G. DE SARAM Roshani Kobbekaduwa F.J.&G. DE SARAM Ramani Muttetuwegama TICHURELVAM ASSOCIATES Kandiah Neelakandan MURUGESU & NEELAKANDAN Sudath Perera SUDATH PERERA ASSOCIATES R. Senathi Rajah JULIUS & CREASY Rujaratnam Senathi Rajah JULIUS & CREASY Paul Ratnayeke PAUL RATNAYEKE ASSOCIATES Avindra Rodrigo F.J. & G DE SARAM P. Samarasiri CENTRAL BANK OF SRI LANKA Niranjan Sinnethamby TIRUCHELVAM ASSOCIATES Neelan Tiruchelvam TIRUCHELVAM ASSOCIATES John Wilson, Jr. JOHN WILSON PARTNERS SWEDEN Hans Andersson MINISTRY OF INDUSTRY, EMPLOYMENT AND COMMUNICATIONS Mats Berter MAGNUSSON WAHLIN QVIST STANBROOK ADVOKATBYRA Henrik Bielenstein LINKLATERS ADVOKATBYRA Tommy Bisander UC AB Vibekke Eliasson FINANSINSPEKTIONEN Jörgen Estving MAGNUSSON WAHLIN QVIST STANBROOK ADVOKATBYRA Magnus Graner ADVOKATFIRMAN LINDAHL Leif Gustasson BAKER & MCKENZIE Olof Hallberg ADVOKATFIRMAN LINDAHL Eric Halvarsson HAMMARSKIÖLD & CO. Peder Hammarskiöld HAMMARSKIÖLD & CO Paula Hammarstrom Andersson ANDERSSON MAGNUSSON WAHLIN QVIST STANBROOK ADVOKATBYRA John Henwood ROBINSON HERTRAM Stefan Holmberg GÄRDE WESSLAU Margret Inger FINANSINSPEKTAIONEN Bengt Kjellson LANTMÄTERIET Mattias Larsson ADVOKATFIRMAN CEDERQUIST Camilla levinsson MAGNUSSON WAHLIN QVIST STANBROOK ADVOKAT Tomas Lööv BOARD OF SWEDISH INDUSTRY AND COMMERCE FOR BETTER REGULATION Lars Mikael Mellguist SVEA COURT OF APPEAL Lars Nylund ADVOKATFIRMAN FYLGIA Susanne Öhbom HÖKERBERG & SÖDERQVIST ADVOKATBYRÅ Malin Ohlin-Akermark ADVOKATFIRMAN VINGE Mattias Örnulf HÖKERBERG & SÖDERQVIST ADVOKATBYRÅ Carl Östring ADVOKATFIRMAN FYLGIA Martin Pagrotsky ADVOKATFIRMAN VINGE Lennart Palm BOARD OF SWEDISH INDUSTRY AND COMMERCE FOR BETTER REGULATION Åke Rådberg SWEDISH CONSTRUCTION FEDERATION Cecilia Rembert INVEST IN SWEDEN AGENCY Jonna Svefors GÄRDE WESSLAU Martin Wallin LINKLATERS LAGERLÖF Robert Wikholm ADVOKATFIRMAN VINGE SWITZERLAND Peter R. Altenburger ALTENBURGER & PARTNERS Karl Arnold PESTALOZZI LACHENAL PATRY Beat M. Barthold FRORIEP RENGGLI Frederic Betrisey BAKER & MCKENZIE Philippe de Salis BOREL & BARBEY Suzanne Eckert WENGER PLATTNER Robert Furter PESTALOZZI LACHENAL PATRY Rotf Gertsch SWISS FEDERAL BANKING COMMISSION Erwin Griesshammer VISCHER Hans R. Hintermeister ZEK SWITZERLAND Yvonne Hintermeister HANDELSREGISTERAMT DES KANTONS ZURICH Urs Klöti PESTALOZZI LACHENAL PATRY Michael Kramer PESTALOZZI LACHENAL PATRY Eva Leuthold PESTALOZZI LACHENAL PATRY Andrea Molino SPIESS BRUNONI PEDRAZZINI MOLINO Guy-Philippe Rubeli PESTALOZZI LACHENAL PATRY Bertrand Schott PESTALOZZI LACHENAL PATRY Kurt Spinnler SWISS FEDERAL BANKING COMMISSION Daniel Steudler SWISS FEDERAL DIRECTORATE OF CADASTRAL SURVEYING Jacques Tissot OFFICE CHARGÉ DU DROIT DU REGISTRE FONCIER ET DU DROIT FONCIER Marc-André Tudisco INTERNATIONALER VERBAND FUER ARBEITSNEHMERSCHUTZ Marc Tütsch WENGER PLATTNER Thomas Zogg PESTALOZZI LACHENAL PATRY SYRIAN ARAB REPUBLIC Alissar Al-Ahmar AL-AHMAR & PARTNERS, ATTORNEYS AND LEGAL ADVISORS Kanaan Al-Ahmar AL-AHMAR & PARTNERS, ATTORNEYS AND LEGAL ADVISORS Hani Bitar SYRIAN ARAB CONSULTANTS LAW OFFICE Riad Daoudi SYRIAN ARAB CONSULTANTS LAW OFFICE Antoun Joubran SYRIAN ARAB CONSULTANTS LAW OFFICE Muhammad Jumma BANK OF SYRIA Ousama Karawani KARAWANI LAW OFFICE Fady Kardous KARDOUS LAW OFFICE Katerina Miltiadou MECOS Moussa Mitry FACULTY OF LAW – DAMASCUS UNIVERSITY / LOUKA & MITRY LAW OFFICE Moussa Mittry LOUKA & MITRY LAW OFFICE Samer Nofal SAMER NOFAL LAW FIRM Gabriel Oussi SYRIAN ARAB CONSULTANTS LAW OFFICE Housam Safadi SAFADI BUREAU Abdulhay Sayed DR. MOUSTAFA AL-SAYED TAIWAN, CHINA Hui-ling Chen WINKLER PARTNERS Edgar Y. Chen TSAR & TSAI LAW FIRM John Chen FORMOSA TRANSNATIONAL ATTORNEYS AT LAW Chun-Yih Cheng FORMOSA TRANSNATIONAL ATTORNEYS AT LAW Helen Chou RUSSIN & VECCHI Cindy Chou CHEN, SHYUU& PUN ATTORNEYS AT LAW Julie Chu JONES DAY Serina Chung JONES DAY Joyce Fan LEE AND LI Stephen Franck YANGMING PARTNERS James Hong CHEN, SHYUU& PUN ATTORNEYS AT LAW Yuling Hsu FORMOSA TRANSNATIONAL ATTORNEYS AT LAW Jack J.T. Huang JONES DAY Roxy Huang YANGMING PARTNERS Margaret Huang LCS & PARTNERS C.Y. Huang TSAR & TSAI LAW FIRM Zue Min Hwang CHINESE NATIONAL ASSOCIATION OF GENERAL CONTRACTORS. Charles Hwang YANGMING PARTNERS James J.M. Hwang TSAR & TSAI LAW FIRM Victor I-Hsiu Chang LCS & PARTNERS, COUNSEL Jen Kong Loh ALLIANCE INTERNATIONAL LAW OFFICES Fang-Ting Kuo JOINT CREDIT INFORMATION CENTER Fang-Ting Kuo JOINT CREDIT INFORMATION CENTER Edward Lai CENTRAL BANK OF CHINA Bee Leay Teo BAKER & MCKENZIE Justin Liang BAKER & MCKENZIE Jeffrey Lin JOINT CREDIT INFORMATION CENTER Rich Lin LCS & PARTNERS Jennifer C. Lin TSAR & TSAI LAW FIRM Jocelyn Liu LCS & PARTNERS Thomas H. McGowan RUSSIN & VECCHI Mark Ohlson YANGMING PARTNERS Patrick Pai-ChiangChu LEE AND LI Angela Wu YANGMING PARTNERS Shiau-Pan Yang LEE AND LI TANZANIA Charles Acworth KNIGHT FRANK TANZANIA S.J. Bwana HIGH COURT OF TANZANIA Augustino Chatulika BANK OF TANZANIA Naimi Dyer KALUNGA & CO.ADVOCATES Ademba Gomba GOMBA & CO.ADVOCATES Johnson Jasson JOHNSON JASSON & CO ASSOCIATES
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Doing Business in 2005 Removing Obs
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Contents Doing Business in 2005 is
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2 DOING BUSINESS IN 2005 FIGURE 1.1
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4 DOING BUSINESS IN 2005 FIGURE 1.4
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6 DOING BUSINESS IN 2005 TABLE 1.3
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8 DOING BUSINESS IN 2005 Notes 1. P
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10 DOING BUSINESS IN 2005 eration w
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12 DOING BUSINESS IN 2005 Based on
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14 DOING BUSINESS IN 2005 FIGURE 2.
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17 Starting a business Who is refor
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STARTING A BUSINESS 19 BOX 3.1 Who
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FIGURE 3.4 “More difficult” can
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STARTING A BUSINESS 23 Introduce te
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HIRING AND FIRING WORKERS 25 Hiring
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HIRING AND FIRING WORKERS 27 TABLE
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HIRING AND FIRING WORKERS 29 FIGURE
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HIRING AND FIRING WORKERS 31 FIGURE
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33 Registering property Who makes r
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REGISTERING PROPERTY 35 BOX 5.1 Who
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REGISTERING PROPERTY 37 FIGURE 5.4
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REGISTERING PROPERTY 39 Others are
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41 Getting credit Who is increasing
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GETTING CREDIT 43 TABLE 6.1 Coverag
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GETTING CREDIT 45 ment only takes t
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GETTING CREDIT 47 losing possession
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49 Protecting investors Who uses eq
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PROTECTING INVESTORS 51 FIGURE 7.1
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PROTECTING INVESTORS 53 FIGURE 7.4
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PROTECTING INVESTORS 55 national in
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PROTECTING INVESTORS 57 With langui
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62 DOING BUSINESS IN 2005 In Lithua
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66 DOING BUSINESS IN 2005 enforceme
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68 DOING BUSINESS IN 2005 tion and
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70 DOING BUSINESS IN 2005 Japan hav
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72 DOING BUSINESS IN 2005 Provide s
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75 References Acemoglu, Daron. 2003
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REFERENCES 77 ———. forthcomin
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79 Data notes Economy characteristi
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DATA NOTES 81 Cost measure The text
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DATA NOTES 83 Assumptions about the
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DATA NOTES 85 such as government or
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DATA NOTES 87 Assumptions about the
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90 DOING BUSINESS IN 2005 Starting
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92 DOING BUSINESS IN 2005 Registeri
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94 DOING BUSINESS IN 2005 Registeri
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96 DOING BUSINESS IN 2005 Protectin
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98 DOING BUSINESS IN 2005 ALBANIA G
Page 105 and 106: 100 DOING BUSINESS IN 2005 BANGLADE
Page 107 and 108: 102 DOING BUSINESS IN 2005 BRAZIL G
Page 109 and 110: 104 DOING BUSINESS IN 2005 CHAD GNI
Page 111 and 112: 106 DOING BUSINESS IN 2005 CROATIA
Page 113 and 114: 108 DOING BUSINESS IN 2005 ETHIOPIA
Page 115 and 116: 110 DOING BUSINESS IN 2005 GUINEA G
Page 117 and 118: 112 DOING BUSINESS IN 2005 IRELAND
Page 119 and 120: 114 DOING BUSINESS IN 2005 KOREA, R
Page 121 and 122: 116 DOING BUSINESS IN 2005 MACEDONI
Page 123 and 124: 118 DOING BUSINESS IN 2005 MONGOLIA
Page 125 and 126: 120 DOING BUSINESS IN 2005 NIGER GN
Page 127 and 128: 122 DOING BUSINESS IN 2005 PERU GNI
Page 129 and 130: 124 DOING BUSINESS IN 2005 SAUDI AR
Page 131 and 132: 126 DOING BUSINESS IN 2005 SPAIN GN
Page 133 and 134: 128 DOING BUSINESS IN 2005 TOGO GNI
Page 135 and 136: 130 DOING BUSINESS IN 2005 URUGUAY
Page 138 and 139: ACKNOWLEDGMENTS 133 Acknowledgments
Page 140 and 141: ACKNOWLEDGMENTS 135 Angela Zaffalon
Page 142 and 143: ACKNOWLEDGMENTS 137 Nolan Stringfie
Page 144 and 145: ACKNOWLEDGMENTS 139 Thomas Bang LVP
Page 146 and 147: ACKNOWLEDGMENTS 141 Günter Schneid
Page 148 and 149: ACKNOWLEDGMENTS 143 Gavin Doherty E
Page 150 and 151: ACKNOWLEDGMENTS 145 Indrikis Liepa
Page 152 and 153: ACKNOWLEDGMENTS 147 Phillip Mwangal
Page 154 and 155: ACKNOWLEDGMENTS 149 Nestor Espenill
Page 158 and 159: ACKNOWLEDGMENTS 153 Leopold Thomas
Page 160: ACKNOWLEDGMENTS 155 Marcela Hughes
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