世界发展银行-Economy-Profile-of-Egypt,-Arab-Republic_69页_1mb

Summary of Egypt, Arab Rep. Doing Business Indicators

Core Content

The document provides a comprehensive overview of the Ease of Doing Business (EDB) indicators for Egypt, Arab Rep., focusing on key aspects of the business environment. These indicators assess the regulatory and procedural environment for various business activities, including 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. The data is collected for Cairo, the largest business city in Egypt, and is part of the World Bank's Doing Business project, which evaluates business regulations across 190 economies.

Main Topics and Indicators

1. Starting a Business

• Rank: 90
• Score: 87.8
• Procedures (Men): 5
• Procedures (Women): 6
• Time (Men): 12 days
• Time (Women): 13 days
• Cost (Men): 20.3% of income per capita
• Cost (Women): 20.3% of income per capita
• Paid-in Minimum Capital: 0.0% of income per capita

Key Procedures:

• For women only: Obtain husband's permission to leave the home (1 day, no charge).
• Submit documents, pay fees, and receive certificate of incorporation and tax card (3-4 days).
• Notarize company contracts (1 day, no charge).
• Register employees with the National Authority of Social Insurance (3 days, no charge).
• Register for VAT (3 days, no charge).
• Buy and notarize company books (1 day, EGP 200 per book).

2. Dealing with Construction Permits

• Rank: 74
• Score: 71.2
• Procedures: 20
• Time: 173 days
• Cost: 1.3% of warehouse value
• Building Quality Control Index: 14.0

Key Procedures:

• Apply for the site validity certificate (Municipal Authority).
• Submit construction plans and obtain necessary permits.
• Request and receive inspections.
• Obtain utility connections for water and sewerage.
• Register and sell the warehouse upon completion.

3. Getting Electricity

• Rank: 77
• Score: 77.9
• Procedures: 5
• Time: 53 days
• Cost: 180.2% of income per capita
• Reliability of Supply and Transparency of Tariff Index: 5

Key Procedures:

• Apply for electrical connection.
• Submit required documents.
• Receive inspections.
• Obtain approvals.
• Final connection and activation.

4. Registering Property

• Rank: 130
• Score: 55.0
• Procedures: 9
• Time: 76 days
• Cost: 1.1% of property value
• Quality of Land Administration Index: 9.0

Key Procedures:

• Submit documents for property transfer.
• Obtain approvals from relevant authorities.
• Complete legal formalities.
• Pay registration fees.
• Ensure compliance with land administration rules.

5. Getting Credit

• Rank: 67
• Score: 65.0
• Strength of Legal Rights Index: 5
• Depth of Credit Information Index: 8
• Credit Registry Coverage: 9.5% of adults
• Credit Bureau Coverage: 31.3% of adults

Key Indicators:

• Legal rights for creditors are limited.
• Credit information systems are moderately developed.
• Credit registry and bureau coverage are low compared to other regions.

6. Protecting Minority Investors

• Rank: 57
• Score: 64.0
• Extent of Disclosure Index: 8.0
• Director Liability Index: 3.0
• Shareholder Suits Index: 3.0
• Shareholder Rights Index: 6.0
• Ownership and Control Index: 6.0
• Corporate Transparency Index: 6.0

Key Indicators:

• Minority investors have limited protection.
• Disclosure requirements are relatively strong.
• Shareholder rights and corporate governance are moderate.

7. Paying Taxes

• Rank: 156
• Score: 55.1
• Number of Payments: 27
• Time (hours per year): 370
• Total Tax and Contribution Rate: 44.4% of profit
• Postfiling Index: 36.3

Key Indicators:

• Tax compliance is burdensome.
• High total tax rate.
• Postfiling processes are inefficient.

8. Trading Across Borders

• Rank: 171
• Score: 42.2
• Time to Export: 265 hours
• Time to Import Auto Parts: 240 hours
• Cost to Export: USD 1,000
• Cost to Import Auto Parts: USD 554

Key Indicators:

• High time and cost for cross-border trade.
• Documentary and border compliance are significant barriers.

9. Enforcing Contracts

• Rank: 166
• Score: 40.0
• Time (days): 1,010
• Cost (% of claim value): 26.2
• Quality of Judicial Processes Index: 4.0

Key Indicators:

• Contract enforcement is slow and costly.
• Judicial processes are weak and inefficient.

10. Resolving Insolvency

• Rank: 104
• Score: 42.2
• Recovery Rate: 23.3 cents on the dollar
• Time (years): 2.5
• Cost (% of estate): 22.0
• Outcome (Going Concern): 1
• Strength of Insolvency Framework Index: 9.5

Key Indicators:

• Insolvency resolution is slow and costly.
• Recovery rates are low.
• The legal framework for insolvency is moderately strong.

Key Information

• Region: Middle East & North Africa
• Income Category: Lower middle income
• Population: 98,423,595
• City Covered: Cairo
• Total EDB Score: 71.2
• Overall Rank: 90

The Doing Business project emphasizes standardized procedures and comparative analysis across economies to improve regulatory efficiency. The data is collected based on assumptions that include no bribes, ready availability of information, and a standardized business model. The project also highlights gender differences in some procedures, particularly in the case of starting a business.

Conclusion

Egypt, Arab Rep., has a moderate ease of doing business, with notable challenges in areas such as tax compliance, contract enforcement, and cross-border trade. The country shows improvement in some indicators, such as starting a business and construction permits, but still has room for reform to enhance the business environment and regulatory efficiency.