By World Bank
8th in a chain of annual experiences evaluating company laws in 183 economies, Doing enterprise 2011 measures laws affecting 10 components of daily enterprise task: beginning a company, facing development allows, utilising staff, registering estate, getting credits, retaining traders, paying taxes, buying and selling throughout borders, implementing contracts, and remaining a enterprise. The record updates all 10 units of signs, ranks nations on their total ease of doing company and analyzes reforms to enterprise law- selecting which international locations are enhancing strengthening their enterprise surroundings the main and which of them slipped. Doing enterprise 2011 contains effects at the ongoing learn within the zone of "getting electrical energy" and illustrates how reforms in company laws can translate into greater results for family marketers and the broader economic climate. It additionally makes a speciality of how ladies in specific are tormented by complicated enterprise rules.
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Additional resources for Doing Business 2011: Making a Difference for Entrepreneurs - Economic Community of Central African States (ECCAS) 57938
Fast and cheap insolvency proceedings result in businesses’ speedy return to normal operation and increase returns to creditors. By improving the expectations of creditors and debtors about the outcome of insolvency proceedings, well -functioning insolvency systems can facilitate access to finance, save more viable businesses, and thereby improve growth and sustainability in the economy overall. Some reform outcomes A study of the 2005 bankruptcy reform in Brazil found that it had led to an average reduction of 22% in the cost of credit for Brazilian companies, a 39% increase in overall credit and a 79% increase in long-term credit in the economy.
4 million in postage alone. attachments to be sent electronically has produced savings What do the Enforcing Contracts indicators measure? 3% Procedures S teps t o file claim, obta in judgme nt and enforce it Case Study Assumptions • • • • • • • • Seller and Buyer are domestic companies Buyer orders custom-made goods, then does not pay Seller sues Buyer before competent court Value of claim is 200% of GNI per capita Seller requests pre-trial attachment to secure claim Dispute on quality of the goods requires expert opinion Judge decides in favor of Seller, no appeal Seller enforces judgment through a public sale of Buyer’s movable assets.
04 go d ha C on ab Sã o To m é C on G ep . 02 or more costly ep . 02 40 Since 2004 Doing Business has been tracking reforms aimed at simplifying business regulations, strengthening property rights, opening access to credit and enforcing contracts by measuring their impact on 10 indicator sets . * Nearly 1,000 reforms have had an impact on these indicators. Doing Business 2011, covering June 2009 to June 2010, reports that 117 economies implemented 216 reforms to make it easier to start a business.
Doing Business 2011: Making a Difference for Entrepreneurs - Economic Community of Central African States (ECCAS) 57938 by World Bank