2015年-世界发展银行全球_Doing_Business_Economy_Profile_2016___Austria_102页_2mb

Doing Business 2016: Austria Summary

Core Content

The Doing Business 2016 report evaluates the regulatory environment for small to medium-sized businesses in 189 economies, including Austria. It provides quantitative indicators across 11 areas of business regulation, such as starting a business, dealing with construction permits, getting electricity, and resolving insolvency. The report also includes a distance to frontier (DTF) score and an ease of doing business ranking, which help compare regulatory performance across countries and track changes over time.

Austria is ranked 21st in the ease of doing business ranking and has a DTF score of 78.38, slightly improved from 78.36 in 2015. The report excludes labor market regulation from the aggregate ranking, but presents it as part of the economy profile.

Main Indicators and Performance

Starting a Business

• Rank (2016): 106
• DTF Score (2016): 83.45
• Procedures: 8
• Time (days): 22.0
• Cost (% of income per capita): 0.3
• Best performer: New Zealand (rank 1, DTF 99.96)

Austria has a relatively high DTF score and low cost for starting a business compared to comparator economies. However, it lags behind the best performer, New Zealand.

Dealing with Construction Permits

• Rank (2016): 47
• DTF Score (2016): 74.86
• Procedures: 11
• Time (days): 223.0
• Cost (% of warehouse value): 1.3
• Best performer: Singapore (rank 1, DTF 92.97)

Austria has a strong performance in this area, with a DTF score close to the global best practice. However, the time to deal with construction permits remains high compared to other comparator economies.

Getting Electricity

• Rank (2016): 17
• DTF Score (2016): 87.7
• Procedures: 5
• Time (days): 23.0
• Cost (% of income per capita): 97.8
• Best performer: Korea, Rep. (rank 1, DTF 99.88)

Austria performs well in terms of the number of procedures and time to get electricity, but the cost is relatively high compared to other comparator economies.

Registering Property

• Rank (2016): 26
• DTF Score (2016): 80.81
• Procedures: 3
• Time (days): 20.5
• Cost (% of property value): 4.6
• Best performer: New Zealand (rank 1, DTF 94.46)

Austria has a good DTF score and low cost for property registration, but the time to register property is still higher than in some comparator economies.

Getting Credit

• Rank (2016): 59
• DTF Score (2016): 60
• Strength of legal rights index (0-12): 5.0
• Depth of credit information index (0-8): 7.0
• Credit registry coverage (% of adults): 2.2
• Credit bureau coverage (% of adults): 52.8
• Best performer: New Zealand (rank 1, DTF 100)

Austria has a moderate DTF score for getting credit, but its credit registry and bureau coverage are relatively low compared to other comparator economies.

Protecting Minority Investors

• Rank (2016): 36
• DTF Score (2016): 63.33
• Strength of minority investor protection index (0-10): 6.3
• Extent of conflict of interest regulation index (0-10): 5.3
• Extent of shareholder governance index (0-10): 7.3
• Best performer: Singapore (rank 1, DTF 83.33)

Austria shows a strong performance in protecting minority investors, with a DTF score of 63.33 and good shareholder governance, though it is not among the top performers globally.

Paying Taxes

• Rank (2016): 74
• DTF Score (2016): 76.53
• Payments (number per year): 12
• Time (hours per year): 166.0
• Total tax rate (% of profit): 51.7
• Best performer: United Arab Emirates (rank 1, DTF 99.44)

Austria has a moderate DTF score and tax burden, with a relatively high total tax rate compared to the best performer.

Trading Across Borders

• Rank (2016): 1
• DTF Score (2016): 100
• Time to export (hours): 0
• Cost to export (USD): 0
• Time to import (hours): 0
• Cost to import (USD): 0
• Best performer: Denmark (rank 1, DTF 100)

Austria is among the top performers in trading across borders, with no time or cost for border compliance, and the best DTF score in this category.

Enforcing Contracts

• Rank (2016): 6
• DTF Score (2016): 78.24
• Time (days): 397.0
• Cost (% of claim): 18.2
• Quality of judicial processes index (0-18): 14.0
• Best performer: Singapore (rank 1, DTF 84.91)

Austria performs well in enforcing contracts, with a high DTF score and strong judicial process quality, though the time and cost are still relatively high compared to the best performer.

Resolving Insolvency

• Rank (2016): 18
• DTF Score (2016): 78.89
• Recovery rate (cents on the dollar): 82.7
• Time (years): 1.1
• Cost (% of estate): 10.0
• Best performer: Finland (rank 1, DTF 93.81)

Austria has a good DTF score and moderate time to resolve insolvency, but its cost is higher than the best performer.

Key Information

• The distance to frontier score measures how far an economy is from the best regulatory practices.
• The ease of doing business ranking compares economies based on their DTF scores.
• The report includes data for comparator economies (Belgium, Czech Republic, France, Germany, Italy, Switzerland) to provide a benchmark for Austria.
• Some indicators, such as those for labor market regulation, are excluded from the aggregate ranking but are included in the economy profile.
• Methodology updates in 2016 include new indices and expanded scope for some indicators, such as the quality of judicial processes and land administration systems.
• The report highlights the importance of regulatory reforms and how they affect business performance and economic outcomes.

Conclusion

Austria maintains a strong regulatory environment overall, with a high DTF score and a top ranking in trading across borders. While it performs well in several areas, such as property registration and contract enforcement, there is still room for improvement in reducing costs and time for certain business activities. The report serves as a valuable tool for policymakers to assess and reform the regulatory framework in Austria.