doing business 2009 eastern europe & central asia presented by sylvia solf
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Doing Business 2009Eastern Europe & Central Asia
Presented by
Sylvia Solf
Top Reformers in 2007/2008
Eastern Europe and Central Asia reformed the most …
93%
63% 63%61%
50% 50% 50%
E. Europe &Central Asia
East Asia &Pacific
Middle East &N. Africa
Sub-SaharanAfrica
Latin America& Caribbean
OECD South Asia
Countries with at least one positive reform in 2007/2008 (%)
Highlights of Doing Business 2009
• 239 reforms in 113 countries. Highest recorded in 6 years of Doing Business
• Eastern Europe and Central Asia – 62 reforms in 23 of the 25 countries, 25% of the total recorded worldwide. Fastest reforming region.
– 4 of top 10 reformers from Eastern Europe and Central Asia
Top reformers by indicator
Top 30 on the ease of doing business, 2009
1. Singapore 16. Saudi Arabia
2. New Zealand 17. Sweden
3. United States 18. Bahrain
4. Hong Kong, China 19. Belgium
5. Denmark 20. Malaysia
6. United Kingdom 21. Switzerland
7. Ireland 22. Estonia
8. Canada 23. Korea
9. Australia 24. Mauritius
10. Norway 25. Germany
11. Iceland 26. Netherlands
12. Japan 27. Austria
13. Thailand 28. Lithuania
14. Finland 29. Latvia
15. Georgia 30. Israel
Eastern Europe Ranking on Ease of Doing Business
119
106
103
94
90
86
76
71
54
47
45
29
28
22
1
Bosnia and Herzegovina
Croatia
Moldova
Serbia
Montenegro
Albania
Poland
Macedonia, FYR
Slovenia
Romania
Bulgaria
Latvia
Lithuania
Estonia
Singapore Top rank - Global
76
75
54
47
45
41
36
29
28
22
Poland
Czech Republic
Slovenia
Romania
Bulgaria
Hungary
Slovakia
Latvia
Lithuania
Estonia
Bulgaria and Romania compared to new EU countries
Reforms in Bulgaria
Passed two new laws- the Civil Procedure Code and the Law for the Commercial Registry- which will speed the resolution of bankruptcy.
Made business start-up easier by creating a central electronic database for commercial registration.
Amendments to the civil procedural code have helped speed contract enforcement.
Introduced a new Corporate Income Tax Act and a new Value Added Tax Act to synchronize local tax legislation with EU legislation.
Dealing with construction permits has become more difficult. The fees for obtaining construction permits were increased by about 16 percent in 2008. Stricter environmental requirements mean that companies in Sofia now have to obtain a certificate of energy efficiency before and after construction. This adds 2 steps and 8 days for dealing with construction permits
Reforms in Croatia
A new building code came into force in October 2007 and made it easier to deal with construction permits by eliminating five procedures.
Even so, the reform led to an administrative backlog for building and occupancy permits, increasing the overall time required by 20 days.
Ongoing improvements to port infrastructure sped terminal handling for exports by two days.
Reforms in Moldova
Passed a new law facilitating the creation of a private credit bureau.
New laws on limited liability companies and company registration sped business registration by introducing statutory time limits. The time required to file an application with the State Registration Chamber fell from 15 days to 7, reducing the total time to start a company from 23 days to 15.
Reforms in Romania
Simplified the enforcement of judgments by eliminating the need for a separate enforcement order and allowing the attachment of credit balances and accounts receivable. The reform reduced the time to enforce contracts by a month from 537 days to 512 days.
171 170 167 163158
152
137
117
88
0
20
40
60
80
100
120
140
160
180
Serbia Albania Montenegro Croatia Moldova Macedonia,FYR
Bosnia &Herzegovina
Bulgaria Romania
Dealing with construction permits in the region: cumbersomeTop 5 Best Practices
-Establish a one-stop shop (Italy)
-Adopt a differentiated permitting approach (Korea)
-Introduce statutory time limits combined with “silence-is-consent" rules (France)
-Introduce risk-based inspections (Sweden)
-Digitalize zoning maps and cadastral records
Average = 148
Why does it matter? Here is a reason…
For more information visit: www.doingbusiness.org
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