By World Bank
8th in a chain of annual reviews evaluating company laws in 183 economies, Doing company 2011 measures laws affecting 10 components of daily enterprise job: beginning a enterprise, facing building allows, using employees, registering estate, getting credits, preserving traders, paying taxes, buying and selling throughout borders, implementing contracts, and remaining a company. The file updates all 10 units of symptoms, ranks international locations on their total ease of doing enterprise and analyzes reforms to enterprise law- deciding upon which nations are bettering strengthening their enterprise atmosphere the main and which of them slipped. Doing company 2011 comprises effects at the ongoing learn within the sector of "getting electrical energy" and illustrates how reforms in company rules can translate into larger results for household marketers and the broader economic climate. It additionally makes a speciality of how ladies in specific are plagued by advanced company rules.
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Additional resources for Doing Business 2011: Making a Difference for Entrepreneurs
6 The changes in the region reduced the average permitting time by 41 days, making the Middle East and North Africa the fastest globally. 1 Note: The data sample for DB2006 (2005) includes 174 economies. The sample for DB2011 (2010) also includes The Bahamas, Bahrain, Brunei Darussalam, Cyprus, Kosovo, Liberia, Luxembourg, Montenegro and Qatar, for a total of 183 economies. Zimbabwe is not included in the samples due to the impact of inflation on the average cost estimates. Source: Doing Business database.
Look at Colombia. In 1995 obtaining building authorizations in Bogotá took 3 years on average. Today it takes about a month. This is thanks to a broad program of reforms targeting the construction permitting process. The government transferred the administration of building permits to the private sector, created a risk-based approval process and introduced electronic verification of the ownership status of buildings and land. The changes were timely, because construction activity took off. 3 million square meters.
10 In other economies too, more efficient approval procedures allowed agencies to process greater volumes of permit approvals and increased client satisfaction. In 2006 Burkina Faso was among the 10 economies with the most complex requirements in the world. 11 To address this concern, a one-stop shop for construction permits, the Centre de Facilitation des Actes de Construire, was opened in May 2008. A new regulation merged 32 procedures into 15, reduced the time required from 226 days to 122 and cut the cost by 40%.
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