Transcription of Colombia - World Bank
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Colombia - World Bank
Economy ProfileColombiaColombiaDoing Business2020 Page 1 Economy Profile ofColombiaDoing Business 2020 Indicators(in order of appearance in the document)Starting a businessProcedures, time, cost and paid-in minimum capital to start a limited liability companyDealing with construction permitsProcedures, time and cost to complete all formalities to build a warehouse and the quality control and safetymechanisms in the construction permitting systemGetting electricityProcedures, time and cost to get connected to the electrical grid, and the reliability of the electricity supply andthe transparency of tariffsRegistering propertyProcedures, time and cost to transfer a property and the quality of the land administration systemGetting creditMovable collateral laws and credit information systemsProtecting minority investorsMinority shareholders rights in related-party transactions and in corporate governancePaying taxesPayments, time, total tax and contribution rate for a firm to comply with all tax regulations as well as postfilingprocessesTrading across bordersTime and cost to export the product of comparative advantage and import auto partsEnforcing contractsTime and cost to resolve a commercial dispute and the quality of judicial processesResolving insolvencyTime, cost, outcome and recovery rate for a commercial insolvency and the strength of the legal framework forinsolvencyEmploying workersFlexibility in employ
Protecting Minority Investors (rank) 13 Score of protecting minority investors (0-100) 80.0 Extent of disclosure index (0-10) 9.0 Extent of director liability index (0-10) 7.0 Ease of shareholder suits index (0-10) 8.0 Extent of shareholder rights index (0 …
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