2013年-世界发展银行全球_Doing_Business_2014_Economy_Profile___United_Arab_Emirates_108页_1mb

Doing Business 2014: United Arab Emirates Summary

Core Content

The Doing Business 2014 report evaluates the regulatory environment for small and medium-sized enterprises (SMEs) across 189 economies, focusing on 11 key areas such as starting a business, getting electricity, registering property, and resolving insolvency. The report provides quantitative indicators that measure the ease of doing business and tracks changes over time. The United Arab Emirates (UAE) is ranked 23rd out of 189 economies in the overall ease of doing business index, with a Distance to Frontier (DTF) score of 74.61, indicating a significant improvement from the previous year.

The report also compares the UAE with comparator economies such as Bahrain, Jordan, Kuwait, Oman, Qatar, and Saudi Arabia, and highlights the UAE's performance relative to the Middle East and North Africa (MENA) region and the global best performers like New Zealand and Singapore.

Key Indicators and Performance

Starting a Business

• Rank: 37
• Procedures: 6
• Time: 8.0 days
• Cost: 6.4% of income per capita
• Paid-in Minimum Capital: 0.0% of income per capita

The UAE has made notable improvements in this area, reducing the number of procedures and the time required to start a business. It has also eliminated the paid-in minimum capital requirement, making it more accessible for entrepreneurs.

Dealing with Construction Permits

• Rank: 5
• Procedures: 12
• Time: 44.0 days
• Cost: 12.0% of income per capita

The UAE performs exceptionally well in this area, ranking 5th globally. It has streamlined the process, though it still lags behind some comparator economies in terms of cost and procedures.

Getting Electricity

• Rank: 4
• Procedures: 3
• Time: 35 days
• Cost: 21.9% of income per capita

The UAE is among the top performers in this category, with a low number of procedures and a reasonable time frame. However, the cost remains relatively high compared to global best performers like Iceland and Japan.

Registering Property

• Rank: 4
• Procedures: 2
• Time: 6.0 days
• Cost: 0.4% of property value

The UAE excels in property registration, ranking 4th globally. It has a minimal number of procedures and low cost, which is a significant advantage for businesses.

Getting Credit

• Rank: 86
• Procedures: 5
• Time: 524 days
• Cost: 19.5% of claim

The UAE has a moderate rank in this area, with a high cost and time required to enforce contracts. It has made some progress in reducing procedures, but the time and cost remain substantial.

Protecting Investors

• Rank: 98
• Procedures: 6
• Time: 524 days
• Cost: 19.5% of claim

The UAE has a relatively strong investor protection framework, but it still has room for improvement in terms of time and cost efficiency.

Paying Taxes

• Rank: 1
• Procedures: 4
• Time: 12 hours per year
• Cost: 20% of estate

The UAE is ranked 1st globally for ease of paying taxes, with a low number of procedures and minimal time and cost involved.

Trading Across Borders

• Rank: 4
• Documents to Export: 3
• Time to Export: 7 days
• Cost to Export: $655 per container

The UAE performs well in this area, with a low number of documents and time required for exports. It is among the top performers in the MENA region.

Enforcing Contracts

• Rank: 100
• Procedures: 49
• Time: 524 days
• Cost: 19.5% of claim

The UAE has a high rank in enforcing contracts, but the time and cost required are still significant. It has made some improvements in reducing procedures, but not enough to move closer to the global best performer, Singapore.

Resolving Insolvency

• Rank: 101
• Time: 3.2 years
• Cost: 20% of estate

The UAE has a moderate rank in resolving insolvency, with a relatively long time and high cost compared to global best performers like Japan and Ireland.

Main Viewpoints

1. Ease of Doing Business: The UAE has improved its ranking significantly, moving from 26th in 2013 to 23rd in 2014.
2. Regulatory Reforms: The UAE has implemented several reforms to simplify the process of starting a business, such as eliminating the minimum capital requirement and streamlining procedures.
3. Comparative Performance: The UAE outperforms many comparator economies in the MENA region, particularly in starting a business, getting electricity, and registering property.
4. Challenges: Despite improvements, the UAE still faces challenges in getting credit, enforcing contracts, and resolving insolvency, which are among the more complex and costly areas for businesses.
5. Distance to Frontier (DTF): The DTF score indicates that the UAE is moving closer to best practices, but there is still room for further improvements, especially in reducing the time and cost of legal and financial processes.

Key Information

• Region: Middle East & North Africa
• Income Category: High income
• Population: 9,205,651
• GNI per capita (US$): 36,040
• DTF 2014: 74.61
• DTF 2013: 72.39
• Rank 2014: 23
• Rank 2013: 26
• Change in Rank: +3
• Best Performer Globally: New Zealand (1), Singapore (1), and Iceland (1) in some categories.

Conclusion

The UAE has made substantial progress in improving its business environment, particularly in reducing the number of procedures and time required to start a business and register property. However, it still needs to address the high costs and inefficiencies in areas such as getting credit, enforcing contracts, and resolving insolvency. The report emphasizes that while the DTF measure provides a useful benchmark, it is not a comprehensive indicator of the entire business environment. Continuous regulatory reforms and improvements in legal and financial frameworks are essential for further enhancing the ease of doing business in the UAE.