2017年-世界发展银行全球_Economy_Profile_of_Namibia_67页_1mb

Summary of "Doing Business 2018: Reforming to Create Jobs"

Core Content

The Doing Business 2018 report is a World Bank Group flagship publication that provides objective measures of business regulations and their enforcement across 190 economies. It focuses on the regulatory environment for small and medium-sized enterprises (SMEs) and evaluates key areas such as starting a business, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency. The report also includes labor market regulation indicators.

The report aims to encourage economic reforms by offering measurable benchmarks and a standardized framework for comparing regulatory performance. It provides rankings and the "distance to frontier" (DTF) measure, which shows how close an economy is to the best regulatory practices observed globally. The DTF score ranges from 0 to 100, with 100 representing the best performance.

Key Indicators and Findings for Namibia

Namibia is assessed based on the following indicators:

Main Topics Covered

1. Starting a Business

• Procedures: 10 procedures for men and 10 for women.
• Time: 66 days for men and 66 days for women.
• Cost: 11.3% of income per capita for men and 11.3% for women.
• Paid-in Minimum Capital: 0% of income per capita.
• Key Steps:
  • Reserve a unique company name (1 day, ND 230–250)
  • Pay registration fees and buy revenue stamps (18 days, ND 230–250)
  • Hire an attorney to register the company (14 days, ND 5,750 + ND 556 notary fees)
  • Deposit initial capital in a bank account (1 day, no charge)
  • Receive fire and health inspection (1 day, no charge)
  • Obtain certificate of fitness (1 day, ND 47–350)
  • Register for VAT (9 days, no charge)
  • Register for PAYE tax (4 days, no charge)
  • Register employees with the Social Security Commission (21 days, ND 10 per employee)
  • Register employees with the Workmen's Compensation Commission (20 days, no charge)

2. Dealing with Construction Permits

• Procedures: 12 procedures.
• Time: 160 days.
• Cost: 2.5% of warehouse value.
• Building Quality Control Index: 6.5 out of 15.
• Key Steps:
  • Verify land zoning (1 day, no charge)
  • Request and obtain geo-technical study (25 days, ND 50,000)
  • Request and obtain topographic survey (7 days, ND 10,000)
  • Obtain electrical clearance (1 day, no charge)
  • Obtain infrastructure, water, and wastewater clearance (1 day, no charge)
  • Request a building permit (60 days, ND 11,000)

Key Information

• Region: Sub-Saharan Africa
• Income Category: Upper middle income
• Population: 2,479,713
• GNI Per Capita (US$): 4,620
• City Covered: Windhoek
• Ease of Doing Business Ranking: Determined by the DTF score, which is a simple average of component indicators.
• Distance to Frontier (DTF): Namibia's DTF score for starting a business is 11.3%, and for dealing with construction permits is 2.5%.
• Comparison:
  • Namibia's procedures for starting a business are slightly better than the Sub-Saharan Africa average.
  • The cost and time for starting a business are significantly higher than in OECD high-income economies.
  • The building quality control index for Namibia is below the OECD high-income average.

Methodology Highlights

• The report uses standardized case studies to ensure comparability across economies.
• For starting a business, the case involves a 100% domestically owned limited liability company with five individual owners, no legal entity, and an initial capital of 10 times income per capita.
• For construction permits, the case involves a warehouse valued at 50 times income per capita, with a total constructed area of approximately 1,300.6 square meters.
• Online procedures are recorded as 0.5 days in the time calculation.
• The report excludes bribes and focuses only on official costs.
• It does not rank economies on labor market regulation indicators or include them in the overall DTF score.