2012年-世界发展银行全球_Doing_Business_Economy_Profile_2013___Hong_Kong_SAR_China_114页_1mb

Economy Profile: Hong Kong SAR, China - Doing Business 2013 Summary

Core Content Overview

The Doing Business 2013 report evaluates the regulatory environment for small and medium-sized enterprises (SMEs) across 185 economies, with a focus on the ease of doing business. This summary highlights the key findings for Hong Kong SAR, China, including its ranking, performance on specific indicators, and reforms over time.

Key Indicators and Rankings

Main Points

• Ease of Doing Business: Hong Kong SAR, China ranks 2nd globally in the 2013 Doing Business index, maintaining its position from the previous year.
• Business Registration: Hong Kong has one of the easiest processes for starting a business, requiring only 3 procedures, taking 3 days, and costing 1.9% of income per capita.
• Minimum Capital Requirement: There is no paid-in minimum capital requirement, making it highly favorable for entrepreneurs.
• Comparative Performance: Hong Kong performs better than China, Japan, and other comparator economies in most categories, with the exception of Registering Property, where it ranks 60th.

Business Regulation Reforms

• DB2010: Simplified registration formalities and merged procedures.
• DB2012: Introduced online electronic services for company and business registration.
• No significant reforms were recorded in DB2008, DB2009, DB2011, and DB2013.

Methodology and Limitations

• The Doing Business report measures 11 areas of business regulation, including starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts, resolving insolvency, and employing workers.
• The report uses standardized assumptions for a "standardized company" (limited liability, located in the largest business city, 10–50 employees, general commercial/industrial activities).
• The distance to frontier measure was introduced to assess how far an economy is from the best practices in each indicator set.
• The report does not cover all aspects of the business environment, such as infrastructure quality or macroeconomic conditions.

Business Environment Analysis

• Starting a Business: Hong Kong is among the top performers globally, with minimal procedures, time, and cost.
• Trading Across Borders: Hong Kong ranks 2nd globally, with 4 documents required for exports, 5 days to export, and US$575 per container.
• Enforcing Contracts: Hong Kong ranks 10th, with 27 procedures, 360 days to complete, and 21.2% of claim cost.
• Resolving Insolvency: Hong Kong ranks 17th, with 1.1 years to resolve and 9% of estate cost.

Key Takeaways

• Hong Kong SAR, China maintains a highly favorable regulatory environment for SMEs.
• The ease of starting a business is among the best globally, with minimal procedures and costs.
• Distance to frontier shows that Hong Kong is close to best practices in many areas but has room for improvement in others, such as registering property.
• The report highlights the importance of regulatory reforms in improving the business environment and supports policy makers in identifying areas for improvement.

Conclusion

Hong Kong SAR, China is a leading economy in terms of business regulation, particularly in the areas of starting a business and trading across borders. While it has not undergone significant reforms in recent years, its current regulatory environment is efficient and supportive for SMEs. The report provides valuable insights into the strengths and weaknesses of the business environment, aiding in future policy decisions.