2014年-世界发展银行全球_Doing_Business_Economy_Profile_2015___Tajikistan_95页_1mb

Doing Business 2015: Tajikistan Summary

Core Content

The Doing Business 2015 report evaluates the ease of doing business in Tajikistan by analyzing 11 key areas in the business life cycle, 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. It provides a comparative analysis with other economies, helping to identify regulatory strengths and weaknesses.

The report uses distance to frontier (DTF) scores and ease of doing business rankings to measure the regulatory environment. The rankings are based on the DTF scores, which reflect how close an economy is to the best practices in each area. Tajikistan's ranking and DTF scores are compared with those of other selected economies, such as Belarus, Kazakhstan, Kyrgyz Republic, Moldova, Russian Federation, Ukraine, and global best performers like Singapore and New Zealand.

Main Changes in Doing Business 2015 Methodology

1. Ease of doing business ranking is now calculated based on DTF scores.
2. Second city data is added for 11 large economies (e.g., Bangladesh, Brazil, China, etc.).
3. Getting credit indicators are updated: the strength of legal rights index and depth of credit information index now have higher point ranges (12 and 8, respectively), and only credit bureaus covering at least 5% of the adult population can score on the depth index.
4. Protecting minority investors has been renamed and expanded to include shareholder rights in corporate governance.
5. Resolving insolvency now includes an index measuring the strength of the legal framework for insolvency.
6. Paying taxes uses a nonlinear approach to calculate the total tax rate.
7. Labor market regulation replaces the "employing workers" indicator and focuses on the retail sector.

Key Indicators for Tajikistan

Key Observations

• Ease of doing business ranking: Tajikistan ranks 166 out of 189 economies in 2015, up from 177 in 2014.
• Distance to frontier (DTF): Tajikistan's DTF score is 48.6 in 2015, an increase from 43.3 in 2014.
• Tajikistan's regulatory environment is generally less efficient than comparator economies, especially in areas like starting a business, dealing with construction permits, and paying taxes.
• Starting a business is one of the most challenging areas, with 4 procedures and 39 days required.
• Dealing with construction permits is also a major hurdle, with 24 procedures and 228 days required.
• Getting electricity involves a high cost (942.1% of income per capita) and a long time (185 days).
• Registering property requires 6 procedures and takes 37 days, with a cost of 3.7% of property value.
• Getting credit is challenging, with a low DTF score of 35.00 and a high ranking of 116.
• Protecting minority investors is moderate, with a DTF score of 58.33 and a rank of 56.
• Paying taxes is one of the most difficult areas, with 31 payments per year and a time of 209 hours.
• Trading across borders is highly inefficient, with 11 documents to export and 71 days required.
• Enforcing contracts is challenging, with 35 procedures and 430 days required.
• Resolving insolvency is also problematic, with a DTF score of 29.26 and a rank of 149.

Conclusion

Tajikistan's business environment is relatively inefficient compared to other economies, especially in the areas of starting and running a business, getting credit, and paying taxes. While there has been some improvement in the DTF score and ranking, the country still lags behind in many key areas. The report highlights the importance of regulatory reforms to improve the business climate and attract investment.