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DoingBusinessWebsite-MyWeb.doc
Doing Business Website
Criteria for Evaluating a Nation as a Location for Doing Business
/
Doing Business in Vietnam
/ExploreEconomies/?economyid=202
Doing Business in China
/subnational/exploreeconomies/china.aspx
Doing Business Country Rankings
/economyrankings/
1) Starting a Business
This topic identifies the bureaucratic and legal hurdles an entrepreneur must overcome to incorporate and register a new firm. It examines the procedures, time, and cost involved in launching a commercial or industrial firm with up to 50 employees and start-up capital of 10 times the economys per-capita gross national income (GNI).
The table below shows the main indicators. They include:
* all procedures required to register a firm,
* average time spent during each procedure,
* official cost of each procedure, and
* the minimum capital required as a percentage of income per capita.
2) Dealing with Licenses
This topic tracks the procedures, time, and costs to build a warehouse, including obtaining necessary licenses and permits, completing required notifications and inspections, and obtaining utility connections.
The table below shows the main indicators. They include:
* all procedures to build a warehouse,
* average time spent during each procedure, and
* official cost of each procedure.
3) Employing Workers
This topic measures the flexibility of labor regulations. It examines the difficulty of hiring a new worker, rigidity of rules on expanding or contracting working hours, the non-salary costs of hiring a worker, and the difficulties and costs involved in dismissing a redundant worker.
The table below shows the main indicators. They include:
* difficulty of hiring a new worker (Difficulty of Hiring Index),
* restrictions on expanding or contracting the number of working hours (Rigidity of Hours Index),
* difficulty and expense of dismissing a redundant worker (Difficulty of Firing),
* an average of the three indices (Rigidity of Employment I
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