2012年-世界发展银行全球_Doing_Business_Economy_Profile_2013___Azerbaijan_119页_1mb

Azerbaijan Economy Profile - Doing Business 2013

Core Content Overview

This report provides an analysis of the business environment in Azerbaijan, focusing on regulations affecting small and medium-sized enterprises (SMEs) across 11 key areas. It uses a standardized methodology to compare Azerbaijan's performance with other economies and highlights the ease of doing business, changes over time, and the impact of regulatory reforms.

Key Indicators and Rankings

Azerbaijan's overall ranking in the Doing Business 2013 index is 67th out of 185 economies, showing a 1-point decline from the previous year (DB2012). The ranking is based on the average of percentile rankings across the following 10 indicators:

• Starting a business
• Dealing with construction permits
• Getting electricity
• Registering property
• Getting credit
• Protecting investors
• Paying taxes
• Trading across borders
• Enforcing contracts
• Resolving insolvency

The employing workers indicator is excluded from the aggregate ranking but included in the economy profile.

Detailed Indicator Analysis

Starting a Business

• Rank: 18
• Procedures: 6
• Time: 8 days
• Cost: 2.3% of income per capita
• Paid-in Minimum Capital: 0.0% of income per capita

Azerbaijan's ranking on this indicator has remained stable over the years, with no significant reforms recorded in DB2013. The country has made progress in reducing the number of procedures and time required, though it still lags behind the best performers like New Zealand and Slovenia.

Dealing with Construction Permits

• Rank: 177
• Procedures: 28
• Time: 212 days
• Cost: 292.4% of income per capita

Azerbaijan ranks poorly in this category, with a high number of procedures and significant time and cost involved. It is far behind the best performer, Hong Kong SAR, China.

Getting Electricity

• Rank: 175
• Procedures: 9
• Time: 241 days
• Cost: 591.2% of income per capita

The process of getting electricity is slow and expensive in Azerbaijan. It is significantly worse than the best performer, Germany.

Registering Property

• Rank: 9
• Procedures: 4
• Time: 11 days
• Cost: 0.5% of property value

Azerbaijan performs relatively well in this area, with fewer procedures and lower costs compared to many comparator economies.

Getting Credit

• Rank: 53
• Strength of legal rights index: 6
• Depth of credit information index: 5
• Public registry coverage: 17.7% of adults
• Private bureau coverage: 0.0% of adults

Azerbaijan has moderate access to credit, with legal rights and credit information depth scoring below many comparator economies. Public registry coverage is low, and private bureau coverage is absent.

Protecting Investors

• Rank: 25
• Extent of disclosure index: 7
• Extent of director liability index: 5
• Ease of shareholder suits index: 8
• Strength of investor protection index: 6.7

Azerbaijan's investor protection is moderate, with some strengths in disclosure and shareholder suits but weaker in director liability compared to comparator economies.

Paying Taxes

• Rank: 76
• Payments (number per year): 18
• Time (hours per year): 214
• Cost: Not specified in the summary

Azerbaijan's tax system is moderate, with a high number of payments and time required, though it is better than many comparator economies.

Trading Across Borders

• Rank: 169
• Documents to export: 8
• Time to export: 38 days
• Cost to export: $3,430 per container
• Documents to import: 10
• Time to import: 38 days
• Cost to import: $3,490 per container

Azerbaijan's trade processes are relatively complex, with a high number of documents and moderate time and cost compared to comparator economies.

Enforcing Contracts

• Rank: 25
• Time (days): 237
• Cost (% of claim): 18.5%
• Procedures (number): 39

Azerbaijan's contract enforcement is moderate, with a high number of procedures and time, though lower costs than some comparator economies.

Resolving Insolvency

• Rank: 95
• Time (years): 2.7
• Cost (% of estate): 8%
• Recovery rate: 30.6 cents on the dollar

Azerbaijan's insolvency resolution is relatively slow and costly, with a lower recovery rate than the best performer, Japan.

Key Trends and Observations

• Stability in Rankings: Azerbaijan's ranking has remained relatively stable, with only a minor decline in DB2013.
• Reforms: Some reforms were implemented in earlier years, such as the abolition of the company seal design approval requirement in DB2008 and the introduction of a one-stop shop in DB2009, but no reforms were recorded in the most recent year.
• Distance to Frontier: The distance to frontier measure shows how far Azerbaijan is from the best practices in each indicator, highlighting areas for improvement.
• Comparative Performance: Azerbaijan's performance is generally better than many of its regional comparator economies but still lags behind top performers in several areas.

Summary of Business Regulation Reforms in Azerbaijan

• DB2008: Abolition of the requirement to obtain approval of the company seal design by the Ministry of Justice.
• DB2009: Introduction of a one-stop shop for business registration, reducing procedures, time, and cost.
• DB2010-2013: No significant reforms recorded by Doing Business.

Conclusion

Azerbaijan's business environment shows some improvements in specific areas like starting a business and registering property, but it remains challenging in others such as dealing with construction permits and getting electricity. The country has made progress through past reforms but needs to continue streamlining processes and improving regulatory efficiency to enhance its competitiveness.