2012年-世界发展银行全球_Doing_Business_Economy_Profile_2013___Malta_115页_1mb

Economy Profile: Malta - Doing Business 2013

Core Content Overview

The Doing Business 2013 report evaluates the regulatory environment for small and medium-sized enterprises (SMEs) in Malta, focusing on the ease of doing business across 11 key areas. These areas include starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts, resolving insolvency, and employing workers. The report provides rankings, procedures, time, and costs for Malta compared to other economies, particularly comparator economies and global best performers.

Key Indicators and Rankings

Main Points and Key Information

• Ease of Doing Business Index: Malta ranks 102 out of 185 economies, with no significant change from 2012.
• Starting a Business: Malta requires 11 procedures, takes 40 days, and costs 8.9% of income per capita. It has a paid-in minimum capital requirement of 1.5% of income per capita.
• Construction Permits: Malta ranks 167, with 18 procedures, 237 days, and a cost of 243.9% of income per capita.
• Getting Electricity: Malta ranks 111, with 5 procedures, 136 days, and a cost of 463.6% of income per capita.
• Registering Property: Malta ranks 80, with 7 procedures, 15 days, and a cost of 5.2% of property value.
• Getting Credit: Malta ranks 176, with a strength of legal rights index of 3 and a depth of credit information index of 0.
• Protecting Investors: Malta ranks 70, with an extent of disclosure index of 3 and a strength of investor protection index of 5.7.
• Paying Taxes: Malta ranks 27, with 6 payments per year and 139 hours of compliance per year.
• Trading Across Borders: Malta ranks 34, with 6 documents to export, 11 days to export, and a cost of 855 US$ per container.
• Enforcing Contracts: Malta ranks 121, with 505 days and a cost of 35.9% of claim.
• Resolving Insolvency: Malta ranks 67, with a 3.0-year resolution time and a cost of 10% of estate.

Summary of Business Environment

• Procedures: The number of procedures required to start a business, obtain construction permits, get electricity, register property, and resolve insolvency is a critical measure of regulatory efficiency.
• Time: The time required to complete these procedures is an important factor in business viability and competitiveness.
• Cost: High costs can deter business activity, while lower costs may encourage it.
• Comparative Analysis: Malta's performance is compared with other economies, including comparator economies and global best performers, to highlight strengths and weaknesses in its regulatory environment.

Key Findings

• Malta has not undergone significant reforms in business registration since DB2008.
• The country's regulatory environment is not as efficient as some of its comparator economies and global leaders.
• There is potential for improvement in several areas, particularly in reducing the number of procedures, time, and costs associated with starting and operating a business.
• The report highlights the importance of understanding the specific procedures, time, and costs for SMEs in Malta and how they compare to other economies.

Conclusion

The Doing Business 2013 report provides a comprehensive overview of Malta's business environment, emphasizing the need for regulatory reforms to improve the ease of doing business. While Malta's ranking has remained stable, there are opportunities to enhance efficiency and reduce costs in key areas such as starting a business, obtaining construction permits, and resolving insolvency. The report serves as a valuable resource for policymakers and business owners seeking to understand and improve the regulatory landscape in Malta.