2012年-世界发展银行全球_Doing_Business_Economy_Profile_2013___Maldives_111页_1mb

Economy Profile: Maldives - Doing Business 2013

Core Content Overview

The Doing Business 2013 report evaluates the regulatory environment for small and medium-sized enterprises (SMEs) in Maldives, comparing it with other economies and analyzing the ease of doing business across 11 key areas. The report provides data and insights that help policymakers understand the challenges and opportunities for improving business regulations.

Key Indicators and Rankings

Maldives is ranked 95th out of 185 economies in the overall ease of doing business index in 2013, down from 79th in 2012. This decline reflects changes in the regulatory environment, though the ranking is not the full picture of the business climate.

Business Environment Indicators

Dealing with Construction Permits

Getting Electricity

Registering Property

Getting Credit

Paying Taxes

Trading Across Borders

Enforcing Contracts

Resolving Insolvency

Main Points

• Ease of Doing Business: Maldives ranks 95th globally, showing a decline from 79th in 2012.
• Business Registration: It requires 5 procedures, taking 9 days and costing 6.7% of income per capita.
• Construction Permits: Requires 8 procedures, taking 174 days and costing 8.2% of income per capita.
• Electricity Access: Requires 6 procedures, taking 108 days and costing 380.5% of property value.
• Property Registration: Requires 6 procedures, taking 57 days and costing 16.1% of property value.
• Credit Access: Maldives ranks low in this area, with 4 out of 10 on the strength of legal rights index and 0 out of 6 on the depth of credit information index.
• Tax Compliance: Maldives ranks 57th, with 17 payments per year and 252 hours spent on tax-related procedures annually.
• Cross-Border Trade: Requires 8 documents for export and 9 for import, taking 21 days for both, with an export cost of $1,550 per container.
• Contract Enforcement: Takes 665 days and costs 16.5% of claim.
• Insolvency Resolution: Takes 1.5 years, with a recovery rate of 50.6 cents on the dollar.

Key Information

• The report provides comparator economies for each indicator to facilitate comparison.
• The distance to frontier measure helps assess how far an economy is from best practices.
• Maldives has not implemented any significant business registration reforms between 2008 and 2013.
• The standardized company assumption includes a limited liability company in Malé with a minimum paid-in capital of MVR 2,000 (equivalent to 2.2% of income per capita).
• The Doing Business methodology does not account for all aspects of the business environment, such as proximity to markets or infrastructure quality, but focuses on regulatory processes.

Summary of Business Procedures in Maldives

Conclusion

The Doing Business 2013 report highlights that Maldives has a moderate regulatory environment for SMEs, with several areas requiring significant improvements. While the country has not made major reforms in business registration, it has made some progress in reducing costs and procedures. However, it still lags behind in credit access, contract enforcement, and insolvency resolution. The report serves as a valuable tool for policymakers to identify areas for reform and benchmark against other economies.