2017年-世界发展银行全球_Economy_Profile_of_Grenada_64页_1mb

Summary of Doing Business 2018: Grenada

Core Content

The Doing Business 2018 report evaluates business regulations and their enforcement across 190 economies, focusing on key areas that affect the ease of doing business. It provides quantitative indicators to compare regulatory environments and encourages reforms aimed at improving efficiency and competitiveness. Grenada is analyzed under the Starting a Business and Dealing with Construction Permits indicators, with data collected for its largest business city, St. George's.

Main Topics and Indicators

1. Starting a Business

• Indicators Measured:

  • Number of procedures
  • Time required (in calendar days)
  • Cost as a percentage of income per capita
  • Paid-in minimum capital (as a percentage of income per capita)

• Key Data for Grenada:

  • Procedures (Men/Women): 6
  • Time (Men/Women): 15 days
  • Cost (Men/Women): 15.3% of income per capita
  • Paid-in Minimum Capital: 0.0% of income per capita

• Standardized Company:

  • Legal form: Private Limited Liability Company
  • Paid-in minimum capital: XCD 0
  • City Covered: St. George's

• Procedures:

  1. Search and reserve company name: 3 days, XCD 10
  2. Lawyer prepares company statutes: 2 days, XCD 2,500
  3. Register with Corporate Affairs and Intellectual Property Office: 5 days, XCD 1,200
  4. Make company seal: 2 days, XCD 69
  5. Register for taxes: 2 days, no charge
  6. Register for social security: 1 day, no charge

• Notes:

  • Online procedures are counted as 0.5 days
  • No bribes or professional fees are included
  • The distance to frontier (DTF) score is the average of component indicators

2. Dealing with Construction Permits

• Indicators Measured:

  • Number of procedures
  • Time required (in calendar days)
  • Cost as a percentage of warehouse value
  • Building quality control index (0–15)

• Key Data for Grenada:

  • Procedures: 15
  • Time: 146 days
  • Cost: 2.0% of warehouse value
  • Building quality control index: 5.0

• Standardized Warehouse:

  • Estimated value: XCD 1,234,113.10
  • Location: St. George's
  • Size: ~1,300.6 square meters (2 stories)
  • Warehouse value: 50 times income per capita

• Procedures:

  1. Obtain location plan: 1 day, no charge
  2. Request and obtain geo-technical study: 18 days, XCD 19,250
  3. Request and obtain topographic survey: 7 days, XCD 1,800
  4. Obtain development permit: 90 days, XCD 3,000
  5. Receive setting out inspection: 1 day, no charge
  6. Receive foundation inspection: 1 day, no charge
  7. Receive structural frame and roof inspection: 1 day, no charge
  8. Receive ring beams casing and reinforcement inspection: 1 day, no charge
  9. Receive sewage and drainage inspection: 1 day, no charge
  10. Receive electrical works inspection: 1 day, no charge
  11. Request and receive final inspection: 15 days, XCD 170
  12. Obtain certificate of occupancy: 7 days, XCD 5
  13. Request water and sewage service: 1 day, no charge
  14. Receive water and sewage inspection: 1 day, no charge
  15. Obtain water and sewage connection: 7 days, XCD 120

• Building Quality Control Index:

  • Quality of building regulations: 1.0
  • Accessibility of laws and regulations: 0.0
  • Clearly specified requirements: 1.0
  • Third-party verification: 1.0
  • Quality control before construction: 1.0
  • Quality control during construction: 1.0
  • Mandatory inspections during construction: 0.0
  • Quality control after construction: 2.0
  • Final inspection required: 2.0
  • Final inspection in practice: 0.0
  • Liability and insurance regimes: 0.0
  • Professional certifications: 0.0

Key Information

• Ease of Doing Business Ranking: Grenada is ranked based on its distance to frontier (DTF) score, which is calculated from the average of all indicators.
• Comparative Performance:
  • Grenada performs better than the Latin America & Caribbean region but lags behind OECD high-income economies.
  • The Overall Best Performer in the Starting a Business indicator is New Zealand (DTF: 1.00).
  • The Overall Best Performer in the Dealing with Construction Permits indicator is Denmark (DTF: 7.00).
• Data Collection Methodology:
  • The data is based on standardized assumptions for the business, owners, and procedures.
  • For 11 large economies, data is also collected for the second largest business city.
  • The project collects data on paid-in minimum capital, procedures, time, and cost to ensure comparability.
• Objective of the Report:
  • To provide measurable benchmarks for reform
  • To encourage competition toward more efficient regulation
  • To serve as a resource for academics, journalists, and the private sector

Conclusion

The Doing Business 2018 report offers a comprehensive overview of Grenada's regulatory environment for business. While Grenada has a relatively straightforward process for starting a business and obtaining construction permits, there is significant room for improvement, especially in areas such as accessibility of regulations, liability and insurance regimes, and practical enforcement of inspections. The report highlights the importance of transparent, efficient, and accessible regulations to support economic growth and job creation.