2014年-世界发展银行全球_Doing_Business_Economy_Profile_2015___United_Arab_Emirates_91页_1mb

Doing Business 2015: United Arab Emirates Summary

Core Content

The Doing Business 2015 report evaluates the ease of doing business in the United Arab Emirates (UAE) by analyzing regulatory frameworks across 11 key areas in the business life cycle. It provides a ranking and a distance to frontier (DTF) score, which measures how close an economy is to the best regulatory practices globally. The UAE is ranked 22nd in the ease of doing business index and has a DTF score of 76.8, showing continuous improvement compared to the previous year.

Key Indicators and Performance

Main Findings

• Starting a Business: The UAE maintains a strong position with a DTF score of 89.97, indicating it is close to the best practices. It requires 6 procedures and takes 8 days, with a cost of 6.3% of income per capita.

• Dealing with Construction Permits: The UAE is ranked 4th, with a DTF score of 91.22. It involves 10 procedures, taking 44 days and costing 0.2% of warehouse value.

• Getting Electricity: The UAE ranks 4th, with a DTF score of 97.44. It requires 3 procedures, taking 35 days and costing 24.2% of income per capita.

• Registering Property: The UAE ranks 4th, with a DTF score of 96.66. It requires 2 procedures, taking 2 days and costing 0.2% of property value.

• Getting Credit: The UAE ranks 89th, with a DTF score of 45.00. The strength of legal rights index is 2, and the depth of credit information index is 7. Credit bureau coverage is 28.3% of adults.

• Protecting Minority Investors: The UAE ranks 43rd, with a DTF score of 60.83. The strength of minority investor protection index is 6.1, and the extent of shareholder governance index is 4.8.

• Paying Taxes: The UAE ranks 1st, with a DTF score of 99.44. It involves 4 payments per year, taking 12 hours annually, and is among the best performers globally.

• Trading Across Borders: The UAE ranks 8th, with a DTF score of 91.46. It requires 3 documents to export, taking 7 days and costing $665 per container.

• Enforcing Contracts: The UAE ranks 121st, with a DTF score of 52.52. It involves 49 procedures, taking 524 days and costing 19.5% of claim.

• Resolving Insolvency: The UAE ranks 92nd, with a DTF score of 43.51. It takes 3.2 years and has a recovery rate of 28.6 cents on the dollar.

Key Methodological Changes in Doing Business 2015

• The ease of doing business ranking and all topic-level rankings are now based on distance to frontier scores.
• For 11 large economies, data for a second city has been added to the dataset.
• The getting credit methodology has been updated to include new indices and coverage requirements for credit bureaus and registries.
• The protecting investors indicator has been renamed to protecting minority investors and expanded to include corporate governance.
• The resolving insolvency indicator now includes an insolvency framework index.
• The paying taxes score calculation has been nonlinear.

Conclusion

The UAE demonstrates a highly efficient business environment, especially in paying taxes and registering property, where it outperforms many of its regional neighbors. It also performs well in getting electricity and dealing with construction permits, showing a strong regulatory framework in these areas. However, the UAE lags behind in enforcing contracts and resolving insolvency, indicating areas for potential reform. The report emphasizes that while the rankings provide useful insights, they do not capture all aspects of the business environment, such as market access, infrastructure quality, and institutional strength, which are also critical for economic performance.