2012年-世界发展银行全球_Doing_Business_Economy_Profile_2013___Malaysia_114页_1mb

Economy Profile: Malaysia - Doing Business 2013

Core Content Overview

This document provides an analysis of the business environment in Malaysia based on the Doing Business 2013 report, which evaluates the ease of doing business for small and medium enterprises (SMEs) across 185 economies. It includes rankings, procedures, time, and cost metrics for various aspects of business regulation, such as 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 data are based on the ease of doing business index, which ranks economies from 1 to 185, with 1 being the easiest.

Main Points and Key Information

1. Business Environment Rankings

• DB2013 Rank: 12 (up from DB2012 rank of 14)
• Global Best Performer: New Zealand (rank 1)
• Regional Average: Varies depending on the indicator, with some economies like Singapore and Hong Kong SAR, China, performing significantly better.

2. Key Indicators for Malaysia

3. Key Findings

• Starting a Business: Malaysia improved its ranking from 42 in 2012 to 54 in 2013. It requires 3 procedures, takes 6 days, and costs 15.1% of income per capita. There is no paid-in minimum capital requirement.
• Dealing with Construction Permits: Malaysia improved from rank 116 to 96. It requires 37 procedures, takes 140 days, and costs 17.5% of income per capita.
• Getting Electricity: Malaysia ranked 28th, requiring 5 procedures, taking 46 days, and costing 53.9% of income per capita.
• Registering Property: Malaysia ranked 33rd, requiring 5 procedures, taking 14 days, and costing 3.3% of property value.
• Getting Credit: Malaysia ranked 1st, indicating strong access to credit. It has a high strength of legal rights index (10/10) and a deep credit information index (6/6).
• Protecting Investors: Malaysia ranked 4th, with a strong strength of investor protection index (8.7/10).
• Paying Taxes: Malaysia ranked 15th, requiring 13 payments annually, taking 133 hours per year, and costing 435 USD per container for exports.
• Trading Across Borders: Malaysia ranked 11th, requiring 5 documents for exports and taking 11 days. It is relatively close to the best performers like Singapore.
• Enforcing Contracts: Malaysia ranked 33rd, requiring 29 procedures, taking 425 days, and costing 27.5% of claims.
• Resolving Insolvency: Malaysia ranked 49th, taking 1.5 years, with a 44.7% recovery rate.

4. Comparative Analysis

• Comparator Economies: Hong Kong SAR, China, Singapore, and the United Arab Emirates generally outperform Malaysia in most categories.
• Regional Performance: Malaysia's performance is above the regional average in some areas but lags behind in others, such as resolving insolvency and enforcing contracts.

5. Regulatory Reforms in Malaysia

• DB2008: Malaysia sped up the process of starting a business by implementing internal reforms at the Companies Commission of Malaysia (CCM).
• DB2009: Amendments to the Companies Act introduced e-lodgment, reducing the time required.
• DB2010: A new one-stop shop service streamlined the registration process.
• DB2011: Introduction of more online services made the process more efficient.
• DB2012: Merging of company, tax, social security, and employment fund registrations at the one-stop shop and providing same-day registration.
• DB2013: No further reforms recorded by Doing Business.

6. Methodology Notes

• The ease of doing business index is based on a simple average of percentile rankings across 10 topics.
• The distance to frontier measure is used to assess how far an economy is from the best practices in each indicator.
• The paid-in minimum capital is not applicable in Malaysia, as it is 0.0% of income per capita.
• The data set includes 46 economies in Sub-Saharan Africa, 33 in Latin America and the Caribbean, 24 in East Asia and the Pacific, 24 in Eastern Europe and Central Asia, 19 in the Middle East and North Africa, and 8 in South Asia, along with 31 OECD high-income economies.

7. Limitations of the Report

• The report does not cover all aspects of the business environment, such as proximity to large markets, infrastructure quality, or macroeconomic conditions.
• The methodology assumes no bribes, readily available information, and that the business is a limited liability company with no special benefits or real estate ownership.

Summary of Key Insights

Malaysia's business environment has shown improvement in several areas, particularly in starting a business and getting credit, but still lags behind top performers in other aspects like enforcing contracts and resolving insolvency. The report highlights the importance of regulatory reforms and the use of technology to streamline processes, while also emphasizing the need for further improvements in areas where the country is relatively far from the frontier. The data serve as a valuable tool for policymakers to assess and enhance the regulatory environment for SMEs.