2012年-世界发展银行全球_Doing_Business_Economy_Profile_2013___Luxembourg_116页_1mb

Luxembourg Economy Profile Summary - Doing Business 2013

Core Content

This summary provides an overview of Luxembourg's business environment based on the Doing Business 2013 report, which evaluates regulations affecting small and medium-sized enterprises (SMEs) across 11 key areas. The report uses a standardized methodology to compare economies globally and regionally, highlighting how easy or difficult it is for entrepreneurs to start and operate businesses.

Main Topics and Indicators

1. Ease of Doing Business Index

• Rank (2013): 56
• Rank (2012): 52
• Change in Rank: -4
• The index ranks economies based on the ease of doing business, using 10 indicators across the business lifecycle.

2. Key Indicators Overview

3. Dealing with Construction Permits

• Rank (2013): 33
• Rank (2012): 29
• Procedures: 12
• Time (days): 157
• Cost (% of income per capita): 19.2
• Best Performer: Singapore (26)

4. Getting Electricity

• Rank (2013): 63
• Procedures: 5
• Time (days): 120
• Cost (% of income per capita): 58.0
• Best Performer: Germany (17)

5. Registering Property

• Rank (2013): 134
• Procedures: 8
• Time (days): 29
• Cost (% of property value): 10.1
• Best Performer: Georgia (1)

6. Getting Credit

• Rank (2013): 159
• Strength of Legal Rights Index (0-10): 5
• Depth of Credit Information Index (0-6): 0
• Best Performer: United Kingdom (1)

7. Protecting Investors

• Rank (2013): 128
• Extent of Disclosure Index (0-10): 6
• Extent of Director Liability Index (0-10): 4
• Ease of Shareholder Suits Index (0-10): 3
• Strength of Investor Protection Index (0-10): 4.3
• Best Performer: New Zealand (9.7)

8. Paying Taxes

• Rank (2013): 14
• Payments (number per year): 23
• Time (hours per year): 59
• Best Performer: United Arab Emirates (12)

9. Trading Across Borders

• Rank (2013): 32
• Documents to Export: 5
• Time to Export (days): 7
• Cost to Export (US$ per container): 1,420
• Best Performer: Singapore (5)

10. Enforcing Contracts

• Rank (2013): 1
• Time (days): 321
• Cost (% of claim): 9.7
• Best Performer: Singapore (150)

11. Resolving Insolvency

• Rank (2013): 52
• Time (years): 2.0
• Cost (% of estate): 15
• Best Performer: Singapore (1)

Key Insights

• Ease of Doing Business: Luxembourg ranks 56th out of 185 economies, showing a slight decline from 2012.
• Starting a Business: Requires 6 procedures, takes 19 days, and costs 1.9% of income per capita. It has a paid-in minimum capital requirement of 20.9% of income per capita.
• Construction Permits: Luxembourg has made improvements in procedures and time, but the cost remains relatively high.
• Getting Electricity: Luxembourg's performance is average, with a cost of 58.0% of income per capita.
• Registering Property: Luxembourg lags behind many economies, with a cost of 10.1% of property value.
• Getting Credit: Luxembourg has weak legal rights and limited credit information availability.
• Protecting Investors: Luxembourg has moderate investor protection, with a strength index of 4.3.
• Paying Taxes: Luxembourg performs well, ranking 14th, with a low time and cost.
• Trading Across Borders: Luxembourg has an average performance, with a cost of 1,420 USD per container.
• Enforcing Contracts: Luxembourg is among the top performers in contract enforcement.
• Resolving Insolvency: Luxembourg has a moderate time and cost for resolving insolvency.

Changes Over Time

• Procedures: No change since 2012.
• Time: Reduced from 24 to 19 days.
• Cost: Declined from 2.1% to 1.9% of income per capita.
• Paid-in Minimum Capital: Fluctuated slightly but remained relatively high.

Business Registration Reforms in Luxembourg

• DB2010: Eased the business start-up process by allowing online name reservation and abolishing capital duties.
• DB2011: Speeded up the delivery of business licenses.
• DB2012 and DB2013: No further reforms recorded.

Methodology Notes

• The report uses a standardized company model, typically a limited liability company (SARL) in the largest business city.
• The data is based on the number of procedures, time, and cost required to complete tasks, assuming no bribes and that all information is readily available.
• The distance to frontier measure helps assess how far an economy is from the best practices in each indicator.
• The report does not cover all aspects of the business environment, such as market proximity, infrastructure quality, or institutional strength.

Summary

The Doing Business 2013 report provides a comprehensive evaluation of Luxembourg's business environment, focusing on the ease of doing business for SMEs. While Luxembourg performs well in contract enforcement and tax compliance, it lags in areas like property registration and investor protection. The report highlights the importance of regulatory reforms in improving business conditions and suggests that Luxembourg has made progress in some areas but still has room for improvement in others.