By World Bank
8th in a chain of annual studies evaluating company laws in 183 economies, Doing enterprise 2011 measures rules affecting 10 parts of daily enterprise job: beginning a enterprise, facing development allows, applying employees, registering estate, getting credits, conserving traders, paying taxes, buying and selling throughout borders, implementing contracts, and ultimate a company. The document updates all 10 units of signs, ranks international locations on their total ease of doing company and analyzes reforms to enterprise legislation- making a choice on which international locations are bettering strengthening their enterprise setting the main and which of them slipped. Doing company 2011 comprises effects at the ongoing examine within the quarter of "getting electrical energy" and illustrates how reforms in company rules can translate into larger results for family marketers and the broader economic system. It additionally makes a speciality of how girls in specific are suffering from complicated enterprise laws.
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Additional resources for Doing Business 2011: Making a Difference for Entrepreneurs - Southern African Development Community (SADC) 57947
32 Procedures to enforce a contract This graph compares the number of days it takes to recover a commercial debt through the courts. * The economy requiring the least time is included as a benchmark. Time to enforce a contract (days) This graph compares the number of days it takes to recover a commercial debt through the courts. * The economy with the least time is included as a benchmark. 33 Cost to enforce a contract (% of claim) This graph compares the costs it takes to recover a commercial debt through the courts.
Mozambique eased business start-up by introducing a simplified licensing process. The Seychelles removed the tax-free threshold limit and lowered corporate income tax rates. Swaziland strengthened investor protections by requiring greater corporate disclosure, higher standards of accountability for company directors and greater access to corporate information for minority investors. Swaziland reduced the time to import by implementing an electronic data interchange system for customs at its border posts.
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.
Doing Business 2011: Making a Difference for Entrepreneurs - Southern African Development Community (SADC) 57947 by World Bank