2013年-世界发展银行全球_Doing_Business_2014_Economy_Profile___Vanuatu_106页_1mb

Summary of Doing Business 2014: Vanuatu

Core Content

The Doing Business 2014 report provides a comprehensive analysis of the regulatory environment for small and medium-sized enterprises (SMEs) in Vanuatu and compares it with other economies. The report measures and tracks changes in regulations across 11 key areas of the business life cycle, including 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.

Key Indicators and Performance

Vanuatu's performance in the Ease of Doing Business index is as follows:

• DB2014 Rank: 74
• DB2013 Rank: 78
• Change in Rank: +4
• Distance to Frontier (DTF) 2014: 66.35
• DTF 2013: 65.12
• Change in DTF: +1.25

Vanuatu is ranked 126th globally in terms of ease of starting a business. The process involves 8 procedures, takes 35 days, costs 46.2% of income per capita, and has no paid-in minimum capital requirement.

Main Findings

Ease of Starting a Business

• Vanuatu's ranking has improved slightly from 2013 to 2014.
• The distance to frontier has also increased, indicating progress toward best practices.
• Procedures: 8
• Time: 35 days
• Cost: 46.2% of income per capita
• Paid-in Minimum Capital: 0% of income per capita

Comparative Performance

• Comparator Economies: Kiribati (156), Marshall Islands (56), Micronesia (106), Palau (129), Samoa (33), Solomon Islands (82)
• Best Performer: New Zealand (rank 1)

Reforms in Vanuatu

• DB2012: Reduced the time required for company registration at the Vanuatu Financial Services Commission and introduced provisional licenses at the Department of Customs.
• Other Years (DB2009–DB2014): No significant reforms recorded by the Doing Business methodology.

Key Areas of Business Regulation

Dealing with Construction Permits

• DB2014 Rank: 50
• Procedures: 12
• Time: 54 days
• Cost: 422.5% of income per capita
• Comparator Economies: Kiribati (133), Marshall Islands (32), Micronesia (106), Palau (45), Samoa (73), Solomon Islands (92)
• Best Performer: Hong Kong SAR, China (rank 1)

Getting Electricity

• DB2014 Rank: 129
• Procedures: 5
• Time: 122 days
• Cost: 1,230.1% of income per capita
• Comparator Economies: Kiribati (159), Marshall Islands (77), Micronesia (106), Palau (78), Samoa (37), Solomon Islands (130)
• Best Performer: Iceland (rank 1)

Registering Property

• DB2014 Rank: 110
• Procedures: 4
• Time: 118 days
• Cost: 7% of property value
• Comparator Economies: Kiribati (73), Marshall Islands (189), Micronesia (189), Palau (20), Samoa (39), Solomon Islands (172)
• Best Performer: Georgia (rank 1)

Getting Credit

• DB2014 Rank: 55
• Strength of Legal Rights Index (0–10): 9
• Depth of Credit Information Index (0–6): 2
• Comparator Economies: Kiribati (165), Marshall Islands (86), Micronesia (130), Palau (86), Samoa (130), Solomon Islands (86)
• Best Performer: Malaysia (rank 1)

Protecting Investors

• DB2014 Rank: 80
• Strength of Investor Protection Index (0–10): 5.3
• Comparator Economies: Kiribati (52), Marshall Islands (157), Micronesia (178), Palau (178), Samoa (34), Solomon Islands (52)
• Best Performer: New Zealand (rank 1)

Paying Taxes

• DB2014 Rank: 30
• Number of Payments: 31
• Time (hours per year): 120
• Comparator Economies: Kiribati (10), Marshall Islands (96), Micronesia (94), Palau (84), Samoa (86), Solomon Islands (30)
• Best Performer: United Arab Emirates (rank 1)

Trading Across Borders

• DB2014 Rank: 119
• Documents to Export: 6
• Time to Export: 21 days
• Cost to Export (US$ per container): 1,490
• Comparator Economies: Kiribati (77), Marshall Islands (62), Micronesia (103), Palau (96), Samoa (58), Solomon Islands (78)
• Best Performer: Singapore (rank 1)

Enforcing Contracts

• DB2014 Rank: 72
• Time to Enforce (days): 430
• Cost (% of claim): 56.0%
• Comparator Economies: Kiribati (74), Marshall Islands (61), Micronesia (152), Palau (141), Samoa (77), Solomon Islands (109)
• Best Performer: Luxembourg (rank 1)

Resolving Insolvency

• DB2014 Rank: 57
• Time to Resolve (years): 2.6
• Cost (% of estate): 38%
• Comparator Economies: Kiribati (189), Marshall Islands (138), Micronesia (168), Palau (96), Samoa (139), Solomon Islands (127)
• Best Performer: Japan (rank 1)

Methodology and Notes

• The report uses a simple average of percentile rankings across 10 topics for the overall Ease of Doing Business index.

• Distance to Frontier (DTF) measures how far an economy is from the best practices in each indicator, normalized to a 0–100 scale.

• The "standardized company" assumption includes:

  • A private limited liability company
  • Located in Port Vila
  • No paid-in minimum capital requirement
  • Start-up capital of 10 times GNI per capita
  • Turnover of at least 100 times GNI per capita
  • No special benefits
  • No real estate ownership

• Data Sources: The Doing Business database and related reports.

Conclusion

The Doing Business 2014 report highlights Vanuatu's regulatory environment for SMEs, showing that while it has made some progress, there is still room for improvement. The report serves as a valuable tool for policymakers to understand the current state of business regulations and identify areas for reform to enhance the ease of doing business and attract investment.