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DOING BUSINESS 2019

DOING . BUSINESS 2019. Training for Reform TRADING. ACROSS. BORDERS. 2019 International bank for Reconstruction and Development / The world bank 1818 H Street NW, Washington DC 20433. Telephone: 202-473-1000; Internet: Some rights reserved 1 2 3 4 21 20 19 18. This work is a product of the staff of The world bank with external contributions. The findings, interpretations, and con- clusions expressed in this work do not necessarily reflect the views of The world bank , its Board of Executive Directors, or the governments they represent. The world bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The world bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries.

Attribution—Please cite the work as follows: World Bank. 2019. Doing Business 2019: Training for Reform. Washington, DC: World Bank. DOI: 10.1596/978-1-4648-1326-9. ... A World Bank Group Flagship Report DOING BUSINESS 2019 Training for Reform TRADING ACROSS BORDERS. DOING BUSINESS 2019 Current features

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Transcription of DOING BUSINESS 2019

1 DOING . BUSINESS 2019. Training for Reform TRADING. ACROSS. BORDERS. 2019 International bank for Reconstruction and Development / The world bank 1818 H Street NW, Washington DC 20433. Telephone: 202-473-1000; Internet: Some rights reserved 1 2 3 4 21 20 19 18. This work is a product of the staff of The world bank with external contributions. The findings, interpretations, and con- clusions expressed in this work do not necessarily reflect the views of The world bank , its Board of Executive Directors, or the governments they represent. The world bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The world bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries.

2 Nothing herein shall constitute or be considered to be a limitation upon or waiver of the privileges and immunities of The world bank , all of which are specifically reserved. Rights and Permissions This work is available under the Creative Commons Attribution IGO license (CC BY IGO) http://creativecommons. org/licenses/ Under the Creative Commons Attribution license, you are free to copy, distribute, transmit, and adapt this work, including for commercial purposes, under the following conditions: Attribution Please cite the work as follows: world bank . 2019. DOING BUSINESS 2019: Training for Reform. Washington, DC: world bank . DOI: License: Creative Commons Attribution CC BY IGO.

3 Translations If you create a translation of this work, please add the following disclaimer along with the attribution: This translation was not created by The world bank and should not be considered an official world bank translation. The world bank shall not be liable for any content or error in this translation. Adaptations If you create an adaptation of this work, please add the following disclaimer along with the attribution: This is an adaptation of an original work by The world bank . Views and opinions expressed in the adaptation are the sole responsibility of the author or authors of the adaptation and are not endorsed by The world bank . Third-party content The world bank does not necessarily own each component of the content contained within the work.

4 The world bank therefore does not warrant that the use of any third-party-owned individual component or part contained in the work will not infringe on the rights of those third parties. The risk of claims resulting from such infringe- ment rests solely with you. If you wish to re-use a component of the work, it is your responsibility to determine whether permission is needed for that re-use and to obtain permission from the copyright owner. Examples of components can include, but are not limited to, tables, figures, or images. All queries on rights and licenses should be addressed to the world bank Publications, The world bank group , 1818 H. Street NW, Washington, DC 20433, USA; fax: 202-522-2625; e-mail: ISBN (paper): 978-1-4648-1326-9.

5 ISBN (electronic): 978-1-4648-1338-2. DOI: ISSN: 1729-2638. Cover design: Corporate Visions, Inc. Library of Congress Cataloging-in-Publication Data has been requested. DOING . BUSINESS 2019. Training for Reform TRADING. ACROSS. BORDERS. COMPARING BUSINESS REGULATION FOR DOMESTIC FIRMS IN 190 ECONOMIES. A world bank group flagship report DOING BUSINESS 2019. Resources on the DOING BUSINESS website Current features Historical data News on the DOING BUSINESS project Customized data sets since DB2004. Rankings Law library How economies rank from 1 to 190 Online collection of BUSINESS laws and regulations relating to BUSINESS Data All the data for 190 economies topic Contributors rankings, indicator values, lists of More than 13,800 specialists in 190.

6 Regulatory procedures and details economies who participate in underlying indicators DOING BUSINESS / DOING - BUSINESS Reports Access to DOING BUSINESS reports as well Entrepreneurship data as subnational and regional reports, case Data on new BUSINESS density (number studies and customized economy and of newly registered companies per 1,000. regional profiles working-age people) for 143 economies /exploretopics/entrepreneurship Methodology The methodologies and research papers Ease of DOING BUSINESS score underlying DOING BUSINESS Data benchmarking 190 economies to the best regulatory practice and an ease of DOING BUSINESS score calculator Research Abstracts of papers on DOING BUSINESS /ease-of-doingbusiness-score topics and related policy issues Information on good practices Showing where the many good DOING BUSINESS reforms practices identified by DOING BUSINESS Short summaries of DB2019 BUSINESS have been adopted regulation reforms and lists of reforms since DB2006 /good-practice DOING BUSINESS 2019.

7 Contents iv Foreword DOING BUSINESS 2019 is the 16th in a series of annual reports investigating 1 Overview the regulations that enhance BUSINESS 22 About DOING BUSINESS activity and those that constrain it. DOING BUSINESS presents quantitative indicators on BUSINESS regulation Case studies and the protection of property rights that can be compared across 190. 33 Starting a BUSINESS and Registering Property: economies from Afghanistan to The role of training in facilitating entrepreneurship and property rights Zimbabwe and over time. 39 Getting Electricity: Regulations affecting 11 areas of the life of a BUSINESS are covered: starting Understanding the benefits of wiring regulation a BUSINESS , dealing with construction 46 Trading Across Borders: permits, getting electricity, registering Training for trade facilitation property, getting credit, protecting minority investors, paying taxes, trading 53 Enforcing Contracts and Resolving Insolvency: across borders, enforcing contracts, Training and efficiency in the judicial system resolving insolvency and labor market regulation.

8 The labor market regulation data are not included in this year's 61 Annex: Labor Market Regulation: ranking on the ease of DOING BUSINESS . Trends from DOING BUSINESS data Data in DOING BUSINESS 2019 are current 67 References as of May 1, 2018. The indicators are used to analyze economic outcomes 73 Country Tables and identify what reforms of BUSINESS 137 Acknowledgments regulation have worked, where and why. This publication is the printed version of DOING BUSINESS 2019. The full report (which includes the data notes, ease of DOING BUSINESS score and ease of DOING BUSINESS ranking chapter and the reform summaries) can be downloaded from the DOING BUSINESS website at DOING BUSINESS 2019.

9 Foreword What gets measured gets done. 23% of income per capita, compared to 47 days and 76% of income per capita Over the past 15 years, no report has in 2006. Even more telling, today the illustrated this aphorism better than DOING average paid-in minimum capital that BUSINESS . Anchored in rigorous research entrepreneurs must deposit is 6% of and methodology, DOING BUSINESS gathers income per capita, compared with 145%. detailed and objective data on 11 areas of income per capita in 2006. The global of BUSINESS regulation, helping govern- average time to prepare, file and pay ments diagnose issues in administrative taxes has fallen from 324 hours in 2005.

10 Procedures and correct them. The report to 237 hours in 2017. measures complex regulatory pro- cesses by zeroing in on their quantifiable Sub-Saharan Africa has been the region components, which can be contested, with the highest number of reforms each compared over time and across econo- year since 2012. This year, DOING BUSINESS mies and, ultimately, reformed. captured a record 107 reforms across 40. economies in Sub-Saharan Africa, and DOING BUSINESS has inspired thousands of the region's private sector is feeling the articles published in peer-reviewed jour- impact of these improvements. The aver- nals and created a platform for informed age time and cost to register a BUSINESS , debate about regulatory and institutional for example, has declined from 59 days frameworks for economic development.