|
|
For the second year in a row, New Zealand has ranked top of the list in the World Bank's Doing Business 2018 report for ease of doing business, ahead of 190 other economies.
This recognizes the effectiveness of New Zealand's business regulators, highlighting the speed and efficiency of the company registration process.
In the following table you can see the parameters studied by the World Bank when preparing the list, and the position that New Zealand occupies in each of them:
Indicator
Description NZ post To start a business Procedures, time, cost and minimum paid-in capital to start a limited liability company 1 Manage construction permits Procedures, time and cost to complete all procedures to build a warehouse and the quality control and security mechanisms in the construction permit system 3 Get electricity Procedures, time and cost to connect to the electrical Ecuador Mobile Number List grid, as well as the reliability of the electricity supply and transparency in the application of rates 37 Register properties Procedures, time and cost to transfer a property and the quality of the land administration system 1 Get credit Laws on security interests and credit information systems 1 Protect minority investors The rights of minority shareholders in transactions with related parties and in corporate governance 2 Tax payment Payments, timing and total tax rate for a business to comply with all taxes, regulations and post-filing processes 9 Cross-border trade Time and cost to export the comparative advantage product and import auto parts 56 Enforce contracts Time and cost to resolve a commercial dispute and the quality of judicial processes 21 Resolve insolvency Time, cost, outcome and recovery rate of a commercial insolvency and the strength of the insolvency legal framework 32 Labor market regulation Flexibility in employment regulation and aspects of work quality
Strengths
New Zealand's strengths are particularly pronounced when it comes to starting a business; ranks first: it has the fewest number of required procedures (one) and the shortest time to complete them (0.5 days).
New Zealand has been the highest ranked country in the world on this measure for the last 10 years
It also scores highly in terms of building regulatory transparency, tax payment services, and protecting minority investors.
New Zealand reformed the tax payment system by introducing systems for filing and paying taxes online.
The country scores highly on building regulations, and all relevant legislation can be found on an official government website.
This country was first proclaimed number one in October 2016, after Singapore held the top spot for more than a decade.
Rankings for the latest report were determined by ordering aggregate scores across 11 themes, giving equal weight to each theme, with economies referenced to June 2017.
According to the partial classification of Doing Business, New Zealand, in addition to being among the countries in which it is easiest to open a small or medium-sized business, is the second country where it is easiest to obtain an opening license, after Denmark and stands out because of how simple it is to register a property.
The way Doing Business was calculated changed in the 2015 report and with this new methodology, Doing Business 2014 was recalculated again.
By not recalculating previous reports, a change occurs in many countries in their position in the ranking between 2013 and 2014, which is solely due to said methodological change.
The 2017 report adds the evaluation of the processes after tax declaration and payment (refunds, tax audits and administrative tax appeals).
|
|
發表於 12:19:28