2017年-世界发展银行全球_Economy_Profile_of_Nepal_66页_1mb

Summary of Doing Business 2018 Report: Economy Profile of Nepal

Core Content

The Doing Business 2018 report by the World Bank Group provides an in-depth analysis of business regulations in 190 economies, with a specific focus on Nepal. The report measures the ease of doing business through 11 key indicators, which include procedures, time, and cost for various business-related tasks, as well as the quality of regulatory frameworks.

Main Topics Covered

1. Starting a Business

• Procedures: 7 procedures for men, 7 for women.
• Time: 16.5 days for men, 16.5 days for women.
• Cost: 24.9% of income per capita for men, 24.9% for women.
• Paid-in Minimum Capital: 0% of income per capita (no requirement).
• Key Procedures:
  • Verify the uniqueness of the company name and reserve it online.
  • Have a professional verify and certify the memorandum and articles of association.
  • Purchase a stamp for the registration form.
  • Register at the Office of the Company Registrar.
  • Make a company rubber stamp.
  • Register for VAT and income tax.
  • Enroll employees in the Employees Provident Fund.

2. Dealing with Construction Permits

• Procedures: 12 procedures.
• Time: 117 days.
• Cost: 16.6% of the warehouse value.
• Building Quality Control Index: 9.0 (on a scale of 0-15).
• Key Procedures:
  • Obtain a soil study report.
  • Obtain a topographical map.
  • Obtain a cadastral extract.
  • Request and obtain a temporary building permit.
  • Receive on-site inspection prior to the issuance of the temporary permit.
  • Request and receive plinth level inspection.
  • Request and obtain the super structure permit.
  • Request and receive final inspection.
  • Obtain completion certificate.
  • Request water and sewage connection.
  • Receive inspection from the Drinking Water and Sewerage Offices.
  • Obtain water and sewage connection.

Key Indicators and Performance

Ease of Doing Business Rankings

• Nepal's Rank: 124th out of 190 economies.
• Distance to Frontier (DTF): Reflects how far Nepal is from the best performance in each indicator, on a scale from 0 to 100.

Comparative Performance

• South Asia Average:
  • Starting a business: 7.9 procedures.
  • Dealing with construction permits: 16 procedures.
• OECD High-Income Average:
  • Starting a business: 4.9 procedures.
  • Dealing with construction permits: 12.5 procedures.
• Overall Best Performer:
  • Starting a business: New Zealand (1.00).
  • Dealing with construction permits: Denmark (7.00).

Key Information

• Nepal's Economic Profile:
  • Region: South Asia.
  • Income Category: Low income.
  • Population: 28,982,771.
  • GNI Per Capita (US$): 730.
  • City Covered: Kathmandu.
• Doing Business Methodology:
  • Uses standardized scenarios for businesses and procedures.
  • Focuses on domestic small and medium-sized enterprises (SMEs).
  • Compares performance across economies using the distance to frontier (DTF) measure.
  • Provides data for 11 economies with a population of more than 100 million, including Nepal, based on population-weighted averages for the two largest business cities.
• Data Collection:
  • The most recent data collection was completed in June 2017.
  • The report does not include rankings for labor market regulation or include it in the overall distance to frontier score.
• Additional Notes:
  • The report includes subnational reports for selected cities, allowing for detailed comparisons.
  • It encourages regulatory reforms by offering measurable benchmarks and promoting competition among economies.
  • The project has received feedback from governments, academics, and practitioners to ensure accuracy and relevance.

Conclusion

The Doing Business 2018 report highlights Nepal's regulatory environment for business, particularly in the areas of starting a business and dealing with construction permits. While Nepal has made some progress, it still lags behind other economies in terms of efficiency and ease of doing business. The report serves as a valuable tool for policymakers, researchers, and investors to understand and improve Nepal's business climate through targeted reforms.