2015年-世界发展银行全球_Doing_Business_Economy_Profile_2016___Kuwait_106页_1mb

Doing Business 2016: Kuwait Summary

Core Content

The Doing Business 2016 report evaluates the regulatory environment for businesses in Kuwait and compares it with other economies. It measures and tracks changes in regulations affecting 11 key areas in the business life cycle, including starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, resolving insolvency, and labor market regulation. The report provides detailed data on the number of procedures, time, and cost involved in these processes, as well as the distance to frontier (DTF) scores and ease of doing business rankings.

Main Points and Key Information

Ease of Doing Business Ranking

• Kuwait DB2016 Rank: 101
• Kuwait DB2015 Rank: 100*
• Change in Rank: -1
• Kuwait DTF Score (2016): 60.17
• Kuwait DTF Score (2015): 59.77
• Change in DTF: +0.4

Note: DB2015 ranking is not the previously published one but a comparable ranking that reflects data revisions and methodology changes.

Key Business Regulation Indicators

Starting a Business

• Rank (2016): 148
• Rank (2015): 150
• DTF Score (2016): 75.37
• DTF Score (2015): 71.28
• Procedures (2016): 12
• Procedures (2015): 12
• Time (days): 31
• Cost (% of income per capita): 2.3

Dealing with Construction Permits

• Rank (2016): 133
• Rank (2015): 131
• DTF Score (2016): 62.23
• DTF Score (2015): 62.27
• Procedures (2016): 22
• Procedures (2015): 22
• Time (days): 216
• Cost (% of warehouse value): 0.3
• Building Quality Control Index (0-15): 11

Getting Electricity

• Rank (2016): 128
• Rank (2015): 122
• DTF Score (2016): 58.38
• DTF Score (2015): 58.4
• Procedures (2016): 8
• Procedures (2015): 8
• Time (days): 64
• Cost (% of income per capita): 52.2
• Reliability of Supply and Tariff Transparency Index (0-8): 3

Registering Property

• Rank (2016): 68
• Rank (2015): 68
• DTF Score (2016): 68.42
• DTF Score (2015): 68.42
• Procedures (2016): 8
• Procedures (2015): 8
• Time (days): 49
• Cost (% of property value): 0.5
• Land Administration Quality Index (0-30): 17.5

Getting Credit

• Rank (2016): 109
• Rank (2015): 105
• DTF Score (2016): 40
• DTF Score (2015): 40
• Strength of Legal Rights Index (0-12): 2.0
• Depth of Credit Information Index (0-8): 6.0
• Credit Bureau Coverage (% of adults): 34.2
• Credit Registry Coverage (% of adults): 15.3

Protecting Minority Investors

• Rank (2016): 66
• Rank (2015): 64
• DTF Score (2016): 56.67
• DTF Score (2015): 56.67
• Strength of Minority Investor Protection Index (0-10): 5.7
• Extent of Conflict of Interest Regulation Index (0-10): 5.7
• Extent of Shareholder Governance Index (0-10): 5.7

Paying Taxes

• Rank (2016): 11
• Rank (2015): 11
• DTF Score (2016): 92.48
• DTF Score (2015): 92.48
• Number of Payments (per year): 12
• Time (hours per year): 98
• Total Tax Rate (% of profit): 13.0
• Global Best Performer: United Arab Emirates (rank 1)

Trading Across Borders

• Rank (2016): 149
• Rank (2015): 150
• DTF Score (2016): 49.85
• DTF Score (2015): 49.85
• Time to Export (Border Compliance): 74 hours
• Time to Export (Documentary Compliance): 32 hours
• Cost to Export (Border Compliance): $191
• Cost to Export (Documentary Compliance): $602
• Time to Import (Border Compliance): 215 hours
• Time to Import (Documentary Compliance): 148 hours
• Cost to Import (Border Compliance): $332
• Cost to Import (Documentary Compliance): $555

Enforcing Contracts

• Rank (2016): 58
• Rank (2015): 58
• DTF Score (2016): 62.36
• DTF Score (2015): 62.36
• Time (days): 566
• Cost (% of claim): 18.6
• Quality of Judicial Processes Index (0-18): 8.0

Resolving Insolvency

• Rank (2016): 122
• Rank (2015): 122
• DTF Score (2016): 35.95
• DTF Score (2015): 36.02
• Recovery Rate (cents on the dollar): 32.0
• Time (years): 4.2
• Cost (% of estate): 10.0
• Strength of Insolvency Framework Index (0-16): 6.0

Key Methodology Updates

• The report includes new indicators such as the quality of building regulation and reliability of electricity supply.
• The labor market regulation indicators are excluded from the overall DTF score and ease of doing business ranking.
• The trading across borders indicators now use comparative advantage to determine export products and highest trade value to select import partners.
• The protecting minority investors indicators now include limited companies rather than just privately held joint stock companies.

Comparative Economies

• Bahrain: Generally performs better in most indicators, such as starting a business, getting electricity, and registering property.
• Jordan: Shows significant improvements in paying taxes and trading across borders.
• United Arab Emirates: Leads in paying taxes with the lowest time and cost.
• Singapore: Best performer in dealing with construction permits and enforcing contracts.
• New Zealand: Best performer in starting a business and registering property.
• Denmark: Best performer in trading across borders.
• Iceland: Best performer in enforcing contracts.
• Finland: Best performer in resolving insolvency.
• Japan: Best performer in registering property and resolving insolvency.

Conclusion

Kuwait's regulatory environment for businesses has improved slightly in 2016, with a small increase in the DTF score. However, it still lags behind many other economies in terms of ease of doing business. The report highlights areas where Kuwait can improve, such as reducing the time and cost of starting a business, improving the efficiency of the judicial system, and enhancing the quality of credit information and property registration processes. The methodology updates provide a more comprehensive view of business regulation, focusing on the quality and efficiency of processes rather than just the number of procedures.