2012年-世界发展银行全球_Doing_Business_Economy_Profile_2013___Madagascar_111页_1mb

Economy Profile: Madagascar - Doing Business 2013

Core Content

The Doing Business 2013 report evaluates the regulatory environment for small and medium-sized enterprises (SMEs) across 185 economies, focusing on 11 key areas such as starting a business, getting electricity, and resolving insolvency. The report provides quantitative indicators to assess the ease of doing business, which help identify regulatory reforms and their impact on economic outcomes.

Key Information

Overview of Madagascar

• Region: Sub-Saharan Africa
• Income Category: Low income
• Population: 21,315,135
• GNI per capita (US$): 430
• DB2013 Rank: 142
• DB2012 Rank: 138 (adjusted for data corrections and new economies)
• Change in Rank: -4

Key Indicators Summary

Other Key Indicators

Main Points

Business Environment

• Madagascar ranks 142 out of 185 economies in the ease of doing business index.
• The ranking is based on the simple average of percentile rankings across 10 topics, including starting a business, getting electricity, and resolving insolvency.
• The distance to frontier measure is introduced to assess how far an economy is from the best practices in each indicator.
• While the rankings show some improvement, the country still has significant challenges in business regulation.

Starting a Business

• To start a business in Madagascar, entrepreneurs must complete 2 procedures, which take 8 days and cost 10.8% of income per capita.
• There is no paid-in minimum capital requirement.
• The standardized company is a limited liability company (SARL) in Antananarivo with a start-up capital of 10 times GNI per capita.
• The number of procedures has decreased over time, from 15 in 2004 to 2 in 2013.
• The time to complete procedures has remained stable at 8 days.
• The cost has decreased from 59% of income per capita in 2004 to 10.8% in 2013.

Business Registration Reforms

• DB2008: Business registration was reduced to 8 days, streamlining operations at the one-stop shop (GUIDE).
• DB2009: Professional tax was abolished, reducing cost and cutting time.
• DB2010: Minimum capital requirement was eliminated, and stamp duty was removed.
• DB2012: Minimum capital requirement was eliminated, but a tax identification number was introduced, increasing complexity.
• DB2013: The one-stop shop was allowed to handle the publication of the notice of incorporation, simplifying the process.

Comparison with Other Economies

• Madagascar is significantly behind the best performers in most indicators.
• For example, in getting electricity, Madagascar is 183rd, while Germany is 17th.
• In registering property, Madagascar is 147th, while Georgia is 1st.
• In protecting investors, Madagascar is 70th, while New Zealand is 1st.

Conclusion

The Doing Business 2013 report highlights that Madagascar has made some progress in simplifying business registration processes. However, the country still lags behind many other economies in terms of ease of doing business. The report provides valuable insights into the regulatory environment and identifies areas where further reforms could improve the business climate.