2016年-世界发展银行全球_Doing_Business_Economy_Profile_2017___Malta_107页_1mb

Doing Business 2017: Malta Summary

Core Content

The Doing Business 2017 report, a flagship publication by the World Bank Group, evaluates the regulatory environment for businesses across 190 economies, with a focus on how easy or difficult it is for entrepreneurs to open and operate small to medium-sized businesses. The report includes 11 key indicators covering the business life cycle, such as starting a business, getting electricity, registering property, and resolving insolvency. For Malta, the report presents data for the year 2016 and 2017, along with comparisons to other economies and the global best performers.

Key Indicators and Rankings

Ease of Doing Business Ranking

• Malta DB2017 Rank: 76
• Malta DB2016 Rank: 83 (adjusted for methodology changes)
• Change in Rank: -7
• Malta DTF (Distance to Frontier): 65.01
• Malta DTF 2016: 62.52
• Change in DTF: +2.49

Malta's ranking improved by 7 positions in 2017, indicating progress in its business regulatory environment. The DTF score also increased, suggesting a closer alignment with best practices.

Starting a Business

• Malta DB2017 Rank: 132
• Malta DB2016 Rank: 131
• DTF Score: 80.21
• Procedure (Men): 9
• Time (Men): 26 days
• Cost (Men): 12.3% of income per capita
• Procedure (Women): 9
• Time (Women): 26 days
• Cost (Women): 12.3% of income per capita
• Best Performer: New Zealand (Rank 1, DTF 99.96)

Malta's process for starting a business remained consistent between 2016 and 2017, with a similar number of procedures and time for both men and women. However, it still lags behind the global best performer.

Dealing with Construction Permits

• Malta DB2017 Rank: 82
• Malta DB2016 Rank: 80
• DTF Score: 69.99
• Procedures: 15
• Time: 167 days
• Cost (% of warehouse value): 2.5
• Best Performer: New Zealand (Rank 1, DTF 87.40)

Malta improved its ranking and DTF score for construction permits in 2017. The time and cost were lower than in 2016, though it still requires more procedures and time compared to the best performers.

Getting Electricity

• Malta DB2017 Rank: 77
• Malta DB2016 Rank: 88
• DTF Score: 73.00
• Procedures: 5
• Time: 121 days
• Cost (% of income per capita): 394.7
• Best Performer: Republic of Korea (Rank 1, DTF 99.88)

Malta's rank for getting electricity improved significantly, but the time and cost remain relatively high. It still has more procedures than some comparator economies.

Registering Property

• Malta DB2017 Rank: 147
• Malta DB2016 Rank: 148
• DTF Score: 48.81
• Procedures: 7
• Time: 15 days
• Cost (% of property value): 13.5
• Best Performer: New Zealand (Rank 1, DTF 94.46)

Malta showed a slight improvement in the ranking and DTF score for property registration, but it remains far behind the best performers. The cost and time for registration are relatively high.

Getting Credit

• Malta DB2017 Rank: 139
• Malta DB2016 Rank: 174
• DTF Score: 30.00
• Strength of Legal Rights Index: 2
• Depth of Credit Information Index: 4
• Best Performer: New Zealand (Rank 1, DTF 100.00)

Malta has made significant improvements in its credit-related indicators, including a rise in its DTF score and a better rank. However, its credit information infrastructure is still underdeveloped.

Protecting Minority Investors

• Malta DB2017 Rank: 32
• Malta DB2016 Rank: 30
• DTF Score: 65.00
• Strength of Minority Investor Protection Index: 6.5
• Conflict of Interest Regulation Index: 5.7
• Shareholder Governance Index: 7.3
• Best Performer: New Zealand (Rank 1, DTF 83.33)

Malta has improved its ranking for protecting minority investors, but its DTF score still lags behind the best practices. The report highlights that there is room for improvement in legal protections and governance structures.

Paying Taxes

• Malta DB2017 Rank: 33
• Malta DB2016 Rank: 26
• DTF Score: 84.59
• Payments (per year): 8
• Time (hours per year): 139
• Total Tax Rate (% of profit): 43.8
• Best Performer: United Arab Emirates (Rank 1, DTF 99.44)

Malta's ranking for paying taxes improved, and the DTF score also increased. However, the total tax rate remains relatively high, indicating that tax burdens are still a challenge for businesses.

Trading Across Borders

• Malta DB2017 Rank: 40
• Malta DB2016 Rank: 40
• DTF Score: 91.01
• Time to Export (Border Compliance): 24 hours
• Cost to Export (Border Compliance): $325
• Time to Export (Documentary Compliance): 3 hours
• Cost to Export (Documentary Compliance): $25
• Best Performer: 10 Economies (Rank 1, DTF 100.00)

Malta's ranking and DTF score for trading across borders are relatively strong, but the cost and time for exporting remain high. The country is among the best in documentary compliance.

Enforcing Contracts

• Malta DB2017 Rank: 58
• Malta DB2016 Rank: 59
• DTF Score: 62.17
• Time (days): 505
• Cost (% of claim): 35.9
• Judicial Processes Index: 10.5
• Best Performer: Singapore (Rank 1, DTF 84.15)

Malta's ranking and DTF score for enforcing contracts remained stable. However, the time and cost to enforce contracts are still higher than the best performers, indicating room for improvement in judicial efficiency.

Resolving Insolvency

• Malta DB2017 Rank: 84
• Malta DB2016 Rank: 81
• DTF Score: 45.35
• Recovery Rate (cents per dollar): 40.7
• Time (years): 3
• Cost (% of estate): 10.0
• Best Performer: Finland (Rank 1, DTF 93.89)

Malta's ranking for resolving insolvency improved slightly, but the DTF score remains low. The recovery rate and time for insolvency resolution are still suboptimal compared to the best performers.

Key Changes in 2017

• Paying Taxes: Expanded to include postfiling processes (e.g., tax refunds, audits, appeals).
• Gender Dimension: Introduced in four indicators (starting a business, registering property, enforcing contracts, and labor market regulation).
• New Indicator: Added a pilot indicator on selling to the government.
• Data Collection: Included data for Somalia, bringing the total number of economies covered to 190.

Conclusion

The Doing Business 2017 report highlights Malta's progress in several areas, particularly in reducing the number of procedures and improving the DTF score for key business indicators. However, the country still faces challenges in areas such as property registration, getting credit, and enforcing contracts. The introduction of a gender dimension and new methodologies provides a more comprehensive view of the business environment, aiding policymakers in identifying specific areas for reform. Overall, while Malta has made strides, it continues to lag behind the global best performers in terms of ease of doing business.