2017年-世界发展银行全球_Economy_Profile_of_Cyprus_67页_1mb

Doing Business 2018 Summary

Core Content

The Doing Business project, initiated in 2002, evaluates the regulatory environment for businesses in 190 economies and selected cities. It provides objective, quantitative indicators to measure the ease of doing business, encouraging reform and offering benchmarks for improvement. The report includes 11 key indicators, each assessing different aspects of business regulation and their enforcement.

Main Topics and Indicators

Key Information

• Distance to Frontier (DTF): A score from 0 to 100 indicating how close an economy is to the best performance observed on each indicator. A score of 0 means the economy is at the worst performance, while 100 represents the frontier.
• Ease of Doing Business Ranking: Ranges from 1 to 190, based on the DTF scores. A lower rank indicates a more favorable regulatory environment.
• Standardized Business Model: The project uses a standardized case to ensure comparability across economies. It assumes a small-to-medium-sized, 100% domestically owned limited liability company with five owners, 10–50 employees, and a start-up capital of 10 times income per capita.
• Gender-specific Procedures: Cyprus has the same number of procedures (5) for both men and women, but the cost for women is higher due to additional requirements for national identity cards.
• Data Collection Methodology: The data are based on the largest business city in each economy, except for 11 large economies (e.g., China, India, the United States), where data are also collected for the second-largest city and averaged.

Cyprus Overview

Starting a Business

• Procedures (Men/Women): 5 procedures
• Time (Men/Women): 6 days
• Cost (% of income per capita): 12.4%
• Paid-in minimum capital: 0%
• DTF Score: 1.00 (New Zealand is the best performer)
• Ranking: 1.00 (New Zealand is the best performer)

Dealing with Construction Permits

• Procedures: 8 procedures
• Time: 507 days
• Cost (% of warehouse value): 1.1%
• Building quality control index: 11.0 (out of 15)
• DTF Score: 11.0
• Ranking: 11.0 (Denmark is the best performer)

Methodology Highlights

• Procedures: Counted separately, with online procedures accounting for 0.5 days.
• Time: Excludes time for gathering information; each procedure is counted on a separate day.
• Cost: Only official costs are considered, not bribes or professional fees unless required by law.
• Assumptions: The business is assumed to be a limited liability company, located in the largest business city, and not subject to special regulations.
• Gender Considerations: For women, additional procedures may be required, such as obtaining permission from a spouse, which can impact the overall process.

Conclusion

The Doing Business 2018 report provides a comprehensive framework for assessing and comparing the regulatory environment for businesses across economies. It emphasizes the importance of reforming regulations to improve the ease of doing business, offering a clear, measurable basis for policy improvements. Cyprus, as a high-income economy in the Europe & Central Asia region, is evaluated based on standardized procedures, time, and costs, with a focus on both business establishment and construction processes. The report underscores the role of transparency, efficiency, and legal clarity in shaping a favorable business climate.