2015年-世界发展银行全球_Doing_Business_Economy_Profile_2016___Bulgaria_109页_1mb

Doing Business 2016: Bulgaria Summary

Core Content

Doing Business 2016 is a report by the World Bank that evaluates the regulatory environment for businesses across 189 economies. It measures and tracks changes in regulations affecting 11 areas of business operations, including starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, resolving insolvency, and labor market regulation. The report provides a ranking and a distance to frontier (DTF) score for each economy, offering insights into the ease of doing business and regulatory efficiency.

Main Points

• Ease of Doing Business (EDB) Ranking: Bulgaria ranked 38th in 2016, a drop of 2 positions from 2015.
• Distance to Frontier (DTF) Score: Bulgaria's DTF score was 73.72, slightly improved from 73.62 in 2015.
• Methodology Updates:
  • The report expanded the focus of five indicator sets (dealing with construction permits, getting electricity, registering property, enforcing contracts, and labor market regulation).
  • It substantially revised the methodology for the "trading across borders" indicator and made small updates to the "protecting minority investors" indicator.
• Indicators Covered:
  • Starting a Business: Bulgaria ranked 52nd, with a DTF score of 91.1.
  • Dealing with Construction Permits: Bulgaria ranked 51st, with a DTF score of 74.45.
  • Getting Electricity: Bulgaria ranked 100th, with a DTF score of 64.97.
  • Registering Property: Bulgaria ranked 63rd, with a DTF score of 69.34.
  • Getting Credit: Bulgaria ranked 28th, with a DTF score of 70.
  • Protecting Minority Investors: Bulgaria ranked 14th, with a DTF score of 71.67.
  • Paying Taxes: Bulgaria ranked 88th, with a DTF score of 74.19.
  • Trading Across Borders: Bulgaria ranked 20th, with a DTF score of 97.45.
  • Enforcing Contracts: Bulgaria ranked 52nd, with a DTF score of 65.09.
  • Resolving Insolvency: Bulgaria ranked 48th, with a DTF score of 58.93.
  • Labor Market Regulation: Not included in the aggregate EDB ranking but included in the economy profile.

Key Information

• Regulatory Focus: The report focuses on local limited liability companies and their operations in the largest business city.
• Comparative Data: For each indicator, Bulgaria's performance is compared with other selected economies in the region (Czech Republic, Greece, Hungary, Poland, Romania, Slovakia) and with the global best performers (e.g., New Zealand, Singapore, Denmark).
• Data Sources: The data is current as of June 1, 2015, except for the paying taxes indicators, which cover January–December 2014.
• Limitations: The report does not directly study factors such as proximity to large markets, infrastructure quality, or macroeconomic conditions, but it provides a benchmark for regulatory best practices.
• Purpose: The indicators are used to analyze economic outcomes and identify successful reforms.

Highlights

• Starting a Business: Bulgaria has a DTF score of 91.1, indicating it is close to the best practices. The number of procedures is 4, and the time required is 18 days.
• Dealing with Construction Permits: Bulgaria has 16 procedures, taking 110 days and costing 4.1% of warehouse value.
• Getting Electricity: Bulgaria has 6 procedures, taking 130 days and costing 317.3% of income per capita.
• Registering Property: Bulgaria has 8 procedures, taking 11 days and costing 2.9% of property value.
• Getting Credit: Bulgaria has 70% credit registry coverage and a DTF score of 70.
• Protecting Minority Investors: Bulgaria has a DTF score of 71.67, with 7.2 on the strength of minority investor protection index.
• Paying Taxes: Bulgaria has 14 payments per year, taking 423 hours and a total tax rate of 27% of profit.
• Trading Across Borders: Bulgaria has 4 hours for border compliance and 1 hour for documentary compliance when exporting, with 0 USD cost for border compliance and 52 USD for documentary compliance.
• Enforcing Contracts: Bulgaria has a DTF score of 65.09, with 564 days of time and 23.8% of claim cost.
• Resolving Insolvency: Bulgaria has a DTF score of 58.93, with 3.3 years of time and 9% of estate cost.

Conclusion

Doing Business 2016 highlights the progress and challenges Bulgaria faces in improving its regulatory environment for businesses. While Bulgaria has improved slightly in some areas, it still lags behind many of its regional and global peers. The report provides a comprehensive overview of the regulatory landscape, aiding policymakers in identifying areas for reform and benchmarking against best practices.