The ease of doing business index is an index created by the world bank. A high rank indicates simpler, better regulations for businesses and better law enforcement and property rights. The index is calculated based on laws and regulations, with the participation of thousands of government officials and worldwide independant consultants. Many factors are taken into account for defining a rank:
- Procedures, times, cost and capital required to start up a new business
- Dealing with permits in general, construction permits, procedures, time and cost
- Employment issues, ease of recruitment, labor cost and laws
- Registering property: procedures, time and cost
- Ease of getting banking facilities and credits
- Investors protection and law enforcement
- Tax rates
- Import and export facilities
RANKING:
51- Bulgaria
52- Botswana
53- Saint Lucia
54- Azerbaidjan
55- Tunisia
56- Romania
57- Oman
58- Rwanda
59- Kazakhstan
60- Vanuatu
61- Samoa
62- Fiji
63- Czech Republic
64- Antigua and Barbuda
65- Turkey
66- Montenegro
67- Ghana
68- Belarus
69- Namibia
70- Poland
71- Tonga
72- Panama
73- Mongolia
74- Kuwait
75- Saint Vincent and the Grenadines
76- Zambia
77- Bahamas
78- Vietnam
79- China
80- Italy
81- Jamaica
82- Albania
83- Pakistan
84- Croatia
85- Maldives
86- El Salvador
87- Saint Kitts and Nevis
88- Dominica
89- Serbia
90- Moldova
91- Dominican Republic
92- Grenada
93- Kiribati
94- Egypt
95- Seychelles
96- Solomon Islands
97- Trinidad and Tobago
98- Kenya
99- Belize
100- Guyana
