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DoingBusinessWebsite-MyWeb.docVIP

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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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