DOING BUSINESS 2009 - JOHN J. HADDAD, Ph.D.

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156 Doing Business 2009Dirk Van StrijthemPricewaterhouseCoopersSuzy Vande WieleLoyens & LoeffBart VanhamPricewaterhouseCoopersPatrick VercauterenAPLReinout VleugelsVan Bael & BellisChristian WillemsLoyens & LoeffBelizeEmil ArguellesArguelles & Company LLCRudy CastilloThe Belize Bank Ltd.Gian C. GandhiInternational FinancialServices CommissionMirna LaraEurocaribe Belize ShippingServicesRussell LongsworthCaribbean ShippingAgencies Ltd.Fred LumorFred Lumor & Co.Reynaldo F. MaganaFrontier InternationalBusiness Services Ltd.Tania MoodyBarrow & WilliamsPatricia RodriguezBelize Companies andCorporate Affairs RegistryDan RothSterling Freight ServicesJanelle TillettEurocaribe Belize ShippingServicesSaidi VaccaroArguelles & Company LLCPhilip ZunigaBarrister & Attorneyat-LawBeninJean-Claude AdandedjanContinental BankGaniou AdechyEtude de Me GaniouAdechyEurydice AdjoviContinental BankVictoire Agbanrin-ElishaCabinet d’AvocatAgbanrin-ElishaSaïdou AgbantouCabinet d’AvocatsPaul AgbonihoueSBEEJean-Paul T. Hervé AhoyoSociete BeninoiseD’Energie ElectriqueSybel AkueshsonFCARafikou AlabiCabinet Me AlabiDieu-Donné Mamert AssogbaCabinet Maître AdjaiInnocent Sourou AvognonMinistère de la Justice etde la LegislationZachari Baba BodyCabinet SPA Baba Body,Quenum et SambaouCharles BadouCabinet d’Avocat CharlesBadouGabriel BankoleContinental BankAgnès A. CampbellCampbell & AssociésEugene Capo-chichiMinistère des Transportset des Travaux PublicsMichèle A. O. CarrenaTribunal de PremièreInstance de CotonouDae Stores LimitedJohannès DagnonGroupe Helios AfriqueArmand DakehounMinistere des Mines, del’Energie et de L’eauDansouImotephJonathan DarbouxBCEAOFatimatou Zahra DiopBCEAOHenri FadonougboTribunal de PremiereInstanceFrancis Sètondji FagniboMinistère des Finances etde L’EconomieGuy Médard Agbo FayemiOrdre National desArchitectes et desUrbanistesJean Claude GnamienFIDAFRICA /PricewaterhouseCoopersHermann GnangoFIDAFRICA /PricewaterhouseCoopersDenis HazoumeContinental BankDominique LalesAddax & Oryx GroupEvelyne M’BassidgéFIDAFRICA /PricewaterhouseCoopersAdeline MessouFIDAFRICA /PricewaterhouseCoopersSeverin-Maxime QuenumCabinet SPA Baba Body,Quenum et SambaouDakehoun Armand S. RaoulMinistere des Mines, del’Energies et de L’eauMohammed Rabiou SaloufChambre de Commerce etd’Industrie du BeninZakari Djibril SambaouAlice Codjia SohouenouAttorney-at-LawDidier SterlingotSDV - SAGADominique TatyFIDAFRICA /PricewaterhouseCoopersChakirou TidjaniAgence Béninoise dePromotion des EchangesCommerciauxAbdoul’ Azis TidjaniDirection Générale desImpôts et des DomainesJean-Bosco TodjinouOrdre National desArchitectes et desUrbanistesRoger TohoundjoHaute Cour de JusticeFousséni TraoréFIDAFRICA /PricewaterhouseCoopersKonate YacoubaFrance TransfoZitty SarlDonatien Adannou ZononChambre de Commerce etd’Industrie du BeninBhutanSusan CollierOrrick, Herrington &Sutcliffe LLPKincho DorjeeLeko PackersUgyen DorjiThimphu City CorporationLaxmi Prasad GiriBhutan National Bank LtdTharchin LhendupMinistry of FinanceS.N. MuruliThimphu City CorporationSangay PenjoreThimpu Municipal Co.Sonam TsheringMinistry of FinanceSonam WangchukMinistry of FinanceTshering WangchukRoyal Court of JusticeSonam P. WangdiMinistry of EconomicAffairsTashi WangmoMinistry of Labour andHuman ResourcesBoliviaFernando AguirreBufete Aguirre Soc. Civ.Carolina Aguirre UriosteBufete Aguirre Soc. Civ.Oswaldo Alvarez WillsS&V Asociados S.R.L.Daniela Aragones CortezSanjines & Asociados Soc.Civ. AbogadosJaime Araujo CamachoFerrereRaúl A. BaldiviaBaldivia Unzaga &AsociadosAdrian BarrenecheaBazoberryCriales, Urcullo &AntezanaEnrique BarriosGuevara & Gutiérrez S.C.Alexandra BlancoGuevara & Gutiérrez S.C.Francisco Bollini RocaFerrereWalter B. Calla CardenasColegio Departamental deArquitectos de La PazFranklin CarrilloPricewaterhouseCoopersJose A. CrialesCriales, Urcullo &AntezanaJ. Christian Davila C.SD ArquitectosKaren Yovana Egüez PalmaFerrereJeannine ForguesFerrereNicolas Franulic CasasnovasInfocred - Servicio deInformacion CrediticiaBIC s.a.Jose E. Gamboa T.Colegio Departamental deArquitectos de La PazMichelle Giraldi LacerdaPricewaterhouseCoopersRenato Goitia MachicaoHermes S.R.L.Adriana Grizante de AlmeidaPricewaterhouseCoopersRamiro GuevaraGuevara & Gutiérrez S.C.Primitivo GutiérrezGuevara & Gutiérrez S.C.Enrique F. HurtadoSuperintencia de Bancos yEntidades FinancierasMarcelo Hurtado-SandovalSalazar, SalazarCarlos Alberto IaciaPricewaterhouseCoopersJorge Luis InchausteGuevara & Gutiérrez S.C.Paola Justiniano AriasSanjines & Asociados Soc.Civ. AbogadosCesar LoraPricewaterhouseCoopersReynaldo Marconi O.FinruralGonzalo Mendieta RomeroEstudio de AbogadosMendieta Romero &AsociadosLuis Meneses M.AlpasurJaime Merida AlvarezColegio Departamental deArquitectos de La PazAriel Morales VasquezC.R.& F. Rojas AbogadosEvany OliveiraPricewaterhouseCoopersElidie P. BifanoPricewaterhouseCoopersAlejandro Peláez KayIndacochea & AsociadosMariana Pereira NavaIndacochea & AsociadosOscar Antonio Plaza PonteEntidad De Servicios DeInformación Enserbic S.A.Julio Quintanilla QuirogaQuintanilla & Soria, Soc.Civ.Carlos Ramirez ArroyoC.R. & F. Rojas, member ofLex MundiDiego RojasC.R. & F. Rojas, member ofLex MundiFernando RojasC.R. & F. Rojas, member ofLex MundiMariela RojasEntidad De Servicios DeInformación Enserbic S.A.Pilar SalasarBufete Aguirre Soc. Civ.Sergio Salazar-MachicadoSalazar, SalazarFernando Salazar-ParedesSalazar, SalazarSandra SalinasC.R. & F. Rojas, member ofLex MundiRaoul Rodolpho SanjinesElizagoyenSanjines & Asociados Soc.Civ. AbogadosJennifer ShepardSD ArquitectosA. Mauricio Torrico GalindoQuintanilla & Soria, Soc.Civ.Roberto Viscafé UreñaPricewaterhouseCoopersMauricio Zambrana CuéllarInfocred - Servicio deInformacion CrediticiaBIC s.a.Bosnia andHerzegovinaSabina BucoPricewaterhouseCoopersEmir CorhodzićDLA Piper Weiss -TessbachMark DavidsonPricewaterhouseCoopersVišnja DizdarevićMarić Law OfficePetros DoukasIKRP Rokas & PartnersEzmana HadziavdićMarić Law OfficeEmin HadzićMarić Law OfficeSenada Havić HrenovicaLRC Credit BureauIsmeta HuremovićLand Registry Office ofthe Sarajevo MunicipalCourtNusmir HuskićMarić Law OfficeHaris MesinovićIFC(c) The International Bank for Reconstruction and Development / The World Bank
Acknowledgments 157Arela JusufbasićLawyers’ Office BojanaTkalcic-Djulic, OlodarPrebanic & AdelaDraganovicMuhidin KaršićLaw Office of EmirKovačevićEmmanuel KoenigPricewaterhouseCoopersVildana MandalovićIKRP Rokas & PartnersBranko MarićMarić Law OfficeEmir PasanovićDLA Piper Weiss -TessbachEdisa PeštekDLA Piper Weiss -TessbachHasib SalkićInteršpedMehmed SpahoLaw Office SpahoAnisa StrujićMarić Law OfficeBojana Tkalčić-DjulićLawyers’ Office BojanaTkalcic-Djulic, OlodarPrebanic & AdelaDraganovicMira Todorović-SymeonidiIKRP Rokas & PartnersSelver ZaimovićLaw Office SpahoBotswanaStaffnurse Bangu T. Lesetedi-KeothepileRegistrar of Companies,Trade Marks, Patents andDesignsJohn Carr-HartleyArmstrongs AttorneysRizwan DesaiCollins Newman & CoDiba M. DibaMinchin & Kelly AttorneysGuri DoboDobson and Company,Certified PublicAccountantsEdward W. Fasholé-Luke IILuke & AssociatesVincent GaleromeloeTransUnion ITCLaknath JayawickramaPricewaterhouseCoopersBokani MachinyaCollins Newman & CoDineo Makati-MphoCollins Newman & CoMercia Bonzo MakgalemeChibanda, Makgaleme& Co.Finola McMahonOsei-Ofei Swabi & Co.Diniar MinwallaPricewaterhouseCoopersClaude A. MojafiMinistry of Labour andHome AffairsMmatshipi MotsepeManica Africa Pty. Ltd.Jack Allan MutuaTectura InternationalBotswanaAlfred B. NgowiUniversity of BotswanaRajesh NarasimhanGrant ThorntonGodfrey N. NthomiwaAdministration of JusticeKwadwo Osei-OfeiOsei-Ofei Swabi & Co.Butler PhiriePricewaterhouseCoopersNikola StojanovicABB (Pty) LtdJuliana WhiteBotswana Stock ExchangeDave WilliamsMinchin & KellyBrazilPedro Aguiar de FreitasCompanhia Vale do RioDoceAntonio AiresDemarest e AlmeidaAdvogadosDonizeet Andonio da SilvaDAS ConsultoriaPedro Vitor Araujo da CostaEscritorio de AdvocaciaGouvêa VieiraFlavia Bailone MarcilioBarbosaVeirano AdvogadosPriscyla BarbosaVeirano AdvogadosRenato BergerTozzini Freire AdvogadosCamila BiralDemarest e AlmeidaAdvogadosRichard BlanchetLoeser e PortelaAdvogadosAdriano BorgesDe Vivo Whitaker e CastroAdvogadosDaniel BortolottoCargo LogisticsSergio BronsteinVeirano AdvogadosJúlio César BuenoPinheiro Neto AdvogadosPaulo CampanaFelsberg, Pedretti,Mannrich e AidarAdvogados e ConsultoresLegaisPlinio Cesar RomaniniBanco CentralRenato ChiodaroDe Vivo Whitaker e CastroAdvogadosCentro UniversitárioCuritibaFernanda Cirne MontorfanoEscritorio de AdvocaciaGouvêa VieiraGilberto Deon Corrêa JuniorVeirano AdvogadosSidinei Corrêa MarquesBanco CentralAdriana DaiutoDemarest e AlmeidaAdvogadosCleber Dal Rovere PeluzoViseu Cunha OricchioAdvogadosEduardo DepassierLoeser e PortelaAdvogadosRoberta dos Reis MatheusTrench Rossi e WatanabeAdvogadosJosé Ricardo dos Santos LuzJúniorDuarte Garcia, CaselliGuimarães e TerraAdvogadosRoberta Feiten SilvaVeirano AdvogadosVanessa FelícioVeirano AdvogadosThomas Benes FelsbergFelsberg, Pedretti,Mannrich e AidarAdvogados e ConsultoresLegaisDanielle FerreiroPinheiro GuimarãesAdvogadosRafael Frota Indio do BrasilFerrazEscritorio de AdvocaciaGouvêa VieiraRafael GagliardiDemarest e AlmeidaAdvogadosThiago GiantomassiDemarest e AlmeidaAdvogadosMichelle Giraldi LacerdaPricewaterhouseCoopersAdriana Grizante de AlmeidaPricewaterhouseCoopersEnrique HadadLoeser e PortelaAdvogadosMery Ellen HidalgoNew DealCarlos Alberto IaciaPricewaterhouseCoopersChristopher JarvinenPinheiro Neto AdvogadosEsther JerussalmyAraújo e PolicastroAdvogadosFernando LoeserLoeser e PortelaAdvogadosMarina MaccabelliDemarest e AlmeidaAdvogadosAndré MarquesPinheiro Neto AdvogadosGeorges Louis Martens FilhoDe Vivo, Whitaker, Castroe Gonçalves AdvogadosThiago MartinsAraújo e PolicastroAdvogadosJose Augusto MartinsBaker & McKenzieLaura Massetto MeyerPinheiro GuimarãesAdvogadosRodrigo MatosMBM TradingEduardo Augusto MattarPinheiro GuimarãesAdvogadosAnneliese MoritzFelsberg, Pedretti,Mannrich e AidarAdvogados e ConsultoresLegaisWalter Abrahão Nimir JuniorDe Vivo, Whitaker, Castroe Gonçalves AdvogadosEvany OliveiraPricewaterhouseCoopersAndrea Oricchio KirshViseu Cunha OricchioAdvogadosElidie P. BifanoPricewaterhouseCoopersMaria Fernanada PecoraVeirano AdvogadosFabio Luis Pereira BarbozaViseu Cunha OricchioAdvogadosAndréa Pitthan FrançolinDe Vivo, Whitaker, Castroe Gonçalves AdvogadosDurval PortelaLoeser e PortelaAdvogadosPontifícia UniversidadeCatólica do ParanáEliane Ribeiro GagoDuarte Garcia, CaselliGuimarães e TerraAdvogadosGuilherme Rizzo AmaralVeirano AdvogadosJoão RodriguesVeirano AdvogadosCarlos SantosSantos ConsultingCamilla SistiAraújo e PolicastroAdvogadosClaudio TaveiraPinheiro Neto AdvogadosEnrique Tello HadadLoeser e PortelaAdvogadosMarcos TiraboschiVeirano AdvogadosFábio TokarsJunta Comercial do ParanaLuiz Fernando Valente DePaivaPinheiro Neto AdvogadosJosé WahleVeirano AdvogadosEduardo GuimarãesWanderleyVeirano AdvogadosCelso XavierDemarest e AlmeidaAdvogadosBruneiArkitek IbrahimDanny ChuaBrunei TransportingCompanyMichael GuanLee CorporatehouseAssociatesNancy LaiLee CorporatehouseAssociatesKin Chee LeeLee CorporatehouseAssociatesYew Choh LeeY.C. Lee & Lee Advocates &SolicitorsTeck Guan LimErnst & YoungKelvin LimK. Lim & Co.Guillaume MadruSDVColin OngDr. Colin Ong LegalServicesBulgariaSvetlin AdrianovPenkov, Markov & PartnersNikolay BandakovKambourov & PartnersChristo BatchvarovPricewaterhouseCoopersIlian BeslemeshkiGeorgiev, Todorov & Co.Nikolai BozhilovUnimasters Logistics Plc.Stella BozovaStoeva, Kuyumdjieva &VitliemovEmil CholakovLM Legal Services Ltd.Marta Del CotoLandwell,PricewaterhouseCoopersLegal ServicesBorislav DimitrovLandwell,PricewaterhouseCoopersLegal ServicesKristina DimitrovaLandwell,PricewaterhouseCoopersLegal ServicesElina DimovaLIC - Penkov, Markov &PartnersLora DochevaPricewaterhouseCoopersBogdan DrenskiGeorgiev, Todorov & Co.Economou InternationalShipping Agency Limited,VarnaGeorgy GeorgievLandwell,PricewaterhouseCoopersLegal ServicesMarieta GetchevaPricewaterhouseCoopersRalitsa GouglevaDjingov, Gouginski,Kyutchukov & VelichkovKaterina GramatikovaDobrev, Kinkin &Lyutskanov(c) The International Bank for Reconstruction and Development / The World Bank
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(c) The International Bank for Reco
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© 2008 The International Bank for
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(c) The International Bank for Reco
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vi Doing Business 2009• Doing Bus
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ABout doing business ix13. For exam
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OverviewFIGURE 1.1Which regions hav
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FIGURE 1.3Who reformed the most in
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overview 53612AlbaniaAzerbaijanBots
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overview 7procedures and 4 days. Ne
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South Asia(8 economies) 6Note: A rS
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STARTING A BUSINESS 11The cost is a
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STARTING A BUSINESS 13Creating a on
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DEALING WITH CONSTRUCTION PERMITS 1
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thority’s new data management sys
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North Africa1(19 economies)FIGURE 4
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Employing workers 21Table 4.2Easing
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Employing workers 23Increasing flex
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REGISTERING PROPERTY 25Table 5.2Red
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Steps for encumbrance checking, dee
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FIGURE 6.1GETTING CREDITCambodia le
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(19 economies)Note: A reform is cou
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incomeincomeSource: Doing Business
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PROTECTING INVESTORS 35Enterprises,
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(8 economies)2Note: A reform is cou
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tax rateSource: Doing Business data
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FIGURE 8.3Profit taxes lowest, but
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44 Doing Business 2009OverviewStart
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46 Doing Business 2009ECDhighcomeEC
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48 Doing Business 2009Table 9.3Who
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50 Doing Business 2009Table 10.2Whe
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400Source: Doing Business database.
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54 Doing Business 2009OverviewStart
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FIGURE What 11.3are the reform tren
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58 Doing Business 2009ReferencesAgh
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60 Doing Business 2009Africa’s De
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62 Doing Business 2009Alternatively
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64 Doing Business 2009government of
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66 Doing Business 2009workers and c
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68 Doing Business 2009• Has no tr
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70 Doing Business 2009The index ran
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72 Doing Business 2009• Whether f
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74 Doing Business 2009Tax paymentsT
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76 Doing Business 2009CostCost meas
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78 Doing Business 2009Recovery rate
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80 Doing Business 2009ment in the r
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82 Doing Business 2009EconomyStarti
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84 Doing Business 2009EconomyStarti
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86 Doing Business 2009AFGHANISTAN S
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88 Doing Business 2009ARMENIA Easte
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90 Doing Business 2009BANGLADESH So
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92 Doing Business 2009BOLIVIA Latin
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94 Doing Business 2009BURKINA FASO
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96 Doing Business 2009CENTRAL AFRIC
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98 Doing Business 2009CONGO, DEM. R
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100 Doing Business 2009DENMARK OECD
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102 Doing Business 2009EL SALVADOR
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104 Doing Business 2009FINLAND OECD
Page 118 and 119: 106 Doing Business 2009GHANA Sub-Sa
Page 120 and 121: 108 Doing Business 2009GUYANA Latin
Page 122 and 123: 110 Doing Business 2009INDIA South
Page 124 and 125: 112 Doing Business 2009ITALY OECD:
Page 126 and 127: 114 Doing Business 2009KIRIBATI Eas
Page 128 and 129: 116 Doing Business 2009LEBANON Midd
Page 130 and 131: 118 Doing Business 2009MADAGASCAR S
Page 132 and 133: 120 Doing Business 2009MAURITANIA S
Page 134 and 135: 122 Doing Business 2009MONTENEGRO E
Page 136 and 137: 124 Doing Business 2009NEW ZEALAND
Page 138 and 139: 126 Doing Business 2009PAKISTAN Sou
Page 140 and 141: 128 Doing Business 2009PHILIPPINES
Page 142 and 143: 130 Doing Business 2009RUSSIAN FEDE
Page 144 and 145: 132 Doing Business 2009SERBIA Easte
Page 146 and 147: 134 Doing Business 2009SOLOMON ISLA
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Page 150 and 151: 138 Doing Business 2009SYRIA Middle
Page 152 and 153: 140 Doing Business 2009TOGO Sub-Sah
Page 154 and 155: 142 Doing Business 2009UKRAINE East
Page 156 and 157: 144 Doing Business 2009VANUATU East
Page 158 and 159: 146 Doing Business 2009ZIMBABWE Sub
Page 160 and 161: 148 Doing Business 2009Ratification
Page 162 and 163: 150 Doing Business 2009Ratification
Page 164 and 165: 152 Doing Business 2009GLOBAL CONTR
Page 166 and 167: 154 Doing Business 2009Mark SwanPri
Page 170 and 171: 158 Doing Business 2009Iassen Hrist
Page 172 and 173: 160 Doing Business 2009Marie-Edith
Page 174 and 175: 162 Doing Business 2009Bertrand Fle
Page 176 and 177: 164 Doing Business 2009Hussein Mahm
Page 178 and 179: 166 Doing Business 2009Steeve Romua
Page 180 and 181: 168 Doing Business 2009Estuardo Enr
Page 182 and 183: 170 Doing Business 2009Mayur Ghadia
Page 184 and 185: 172 Doing Business 2009Federico Gua
Page 186 and 187: 174 Doing Business 2009Zharkymbai B
Page 188 and 189: 176 Doing Business 2009Suzana Stojk
Page 190 and 191: 178 Doing Business 2009Odmaa Khurel
Page 192 and 193: 180 Doing Business 2009Diaouga Haou
Page 194 and 195: 182 Doing Business 2009Marco Antoni
Page 196 and 197: 184 Doing Business 2009of Ius Labor
Page 198 and 199: 186 Doing Business 2009Cecil French
Page 200 and 201: 188 Doing Business 2009St. LuciaTha
Page 202 and 203: 190 Doing Business 2009Sakares Kham
Page 204 and 205: 192 Doing Business 2009Şule Tunal
Page 206 and 207: 194 Doing Business 2009Valeria Samb
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DOING BUSINESS 2009 - JOHN J. HADDAD, Ph.D.

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