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.
Border compliance (hours) 112 Cost to export Documentary compliance (USD) 50 Border compliance (USD) 545 Enforcing Contracts (rank) 177 Score of enforcing contracts (0-100) 34.3 Time (days) 1,288 Cost (% of claim value) 45.8 Quality of judicial processes index (0-18) 9.0 Resolving Insolvency (rank) 32 Score of resolving insolvency (0-100) 71.4
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