2017年-世界发展银行全球_Economy_Profile_of_Dominican_Republic_71页_1mb

Doing Business 2018 Summary: Dominican Republic

Core Content

The Doing Business 2018 report by the World Bank Group evaluates the regulatory environment for businesses in 190 economies, focusing on key areas that affect the ease of doing business. It measures various indicators that assess the procedures, time, and cost involved in starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency. Additionally, it includes labor market regulation features.

The report aims to provide an objective basis for understanding and improving the regulatory environment for business globally. It encourages economies to reform their regulations to be more efficient, offers measurable benchmarks for reform, and serves as a resource for academics, journalists, and private sector researchers.

Key Indicators and Performance in Dominican Republic

Main Topics Covered

1. Starting a Business

• Procedures: 7 procedures required for men and women.
• Time: 16.5 days.
• Cost: 14.5% of income per capita.
• Minimum Capital: DOP 100,000 (equivalent to 33.9% of income per capita).
• Legal Form: Sociedad de Responsabilidad Limitada (SRL).
• City Covered: Santo Domingo.
• Key Steps:
  • Verify company name availability (online).
  • Purchase company name.
  • Pay incorporation tax (1% of capital).
  • Register the company at the Chamber of Commerce.
  • File for the National Taxpayers Registry.
  • Register employees with the Department of Labor.
  • Register employees at the Social Security Office.

2. Dealing with Construction Permits

• Procedures: 15 procedures required.
• Time: 184 days.
• Cost: 2.8% of warehouse value.
• Building Quality Control Index: 13.0 (out of 15).
• City Covered: Santo Domingo.
• Key Steps:
  • Request land use certificate and certificate of no objection (15 days).
  • Obtain a soil test study report (11 days).
  • Obtain a topographical map (7 days).
  • Submit and obtain approval of project design drawings (21 days).
  • Receive pre-registration inspection by the Ministry of Public Works and Communications (1 day).
  • Obtain construction license (1 year from issuance).
  • Receive final inspection (not included in the time calculation).

Key Information and Methodology

• The report uses a standardized case study for all economies, assuming a 100% domestically owned limited liability company with 5 owners, no legal entities, and a start-up capital of 10 times income per capita.
• For women, additional procedures such as obtaining gender-specific permissions and spouse approval are considered.
• Online procedures are counted as 0.5 days in the total time calculation.
• Costs are calculated as a percentage of income per capita or warehouse value, excluding bribes and professional fees unless required by law.
• Distance to Frontier (DTF) is used to measure how close an economy is to the best performance observed across all economies in the sample since 2005. It ranges from 0 to 100.
• Ease of Doing Business Ranking is based on the aggregate DTF scores (1–190).

Dominican Republic Overview

• Economy Profile:
  • Region: Latin America & Caribbean.
  • Income Category: Upper middle income.
  • Population: 10,648,791.
  • GNI Per Capita: US$6,390.
• DTF Score: Reflects the distance to the best-performing economies on each indicator.
• Ranking: The report provides rankings for each indicator and the overall ease of doing business score.

Reforms and Improvements

• The report encourages economies to reform their regulations to improve the ease of doing business.
• It highlights the importance of streamlining procedures, reducing time and costs, and enhancing the quality of regulatory systems.
• Subnational Reports allow cities and regions to compare their business environments and identify areas for improvement.

Conclusion

The Doing Business 2018 report provides a comprehensive analysis of the regulatory environment in the Dominican Republic, emphasizing the need for reforms in starting a business and dealing with construction permits. While the Dominican Republic has made progress, it still lags behind the best performers in terms of time and cost efficiency. The report serves as a valuable tool for policymakers, businesses, and researchers to understand and improve the regulatory landscape.