2013年-世界发展银行全球_Doing_Business_2014_Economy_Profile___South_Africa_111页_1mb

South Africa Doing Business 2014 Summary

Core Content

Doing Business 2014 is an annual report by the World Bank that evaluates the ease of doing business across 189 economies. It measures and tracks regulatory changes in 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.

The report provides a ranking system for each economy, with the Ease of Doing Business Index as the main benchmark. South Africa's DB2014 rank is 41, with no change from DB2013. The Distance to Frontier (DTF) for South Africa is 70.93, indicating it is relatively close to the best practices in business regulation.

Main Points

1. Ease of Doing Business Index

• Rank: 41 (unchanged from DB2013)
• DTF: 70.93 (up 0.33 from DB2013)
• Index components: Includes 10 topics, such as starting a business, paying taxes, and resolving insolvency.

2. Starting a Business

• Rank: 64
• Procedures: 5
• Time: 19 days
• Cost: 0.3% of income per capita
• Paid-in minimum capital: 0.0% of income per capita
• Comparator economies:
  • Botswana: 96 (rank), 9 (procedures), 60 (time), 1.2% (cost)
  • Mauritius: 19 (rank), 5 (procedures), 6 (time), 3.6% (cost)
  • Nigeria: 122 (rank), 8 (procedures), 28 (time), 58.3% (cost)
  • Thailand: 91 (rank), 4 (procedures), 27.5 (time), 6.7% (cost)
• Best performer globally: New Zealand (rank 1)

3. Dealing with Construction Permits

• Rank: 26
• Procedures: 16
• Time: 78 days
• Cost: 9.9% of income per capita
• Comparator economies:
  • Botswana: 69 (rank), 21 (procedures), 111 (time), 17.6% (cost)
  • Mauritius: 123 (rank), 16 (procedures), 248 (time), 27.4% (cost)
  • Nigeria: 151 (rank), 18 (procedures), 116 (time), 3,504.8% (cost)
• Best performer globally: Hong Kong SAR, China (rank 1)

4. Getting Electricity

• Rank: 150
• Procedures: 5
• Time: 226 days
• Cost: 1,432.1% of income per capita
• Comparator economies:
  • Botswana: 107 (rank), 5 (procedures), 121 (time), 389.1% (cost)
  • Mauritius: 48 (rank), 4 (procedures), 84 (time), 281.1% (cost)
  • Nigeria: 185 (rank), 8 (procedures), 260 (time), 960.5% (cost)
• Best performer globally: Germany (rank 12)

5. Registering Property

• Rank: 99
• Procedures: 7
• Time: 23 days
• Cost: 6.1% of property value
• Comparator economies:
  • Botswana: 41 (rank), 4 (procedures), 15 (time), 5.1% (cost)
  • Mauritius: 65 (rank), 4 (procedures), 15 (time), 10.6% (cost)
  • Nigeria: 185 (rank), 13 (procedures), 77 (time), 20.8% (cost)
• Best performer globally: Georgia (rank 1)

6. Getting Credit

• Rank: 28
• Procedures: 6
• Time: 600 days
• Cost: 33.2% of claim
• Comparator economies:
  • Botswana: 73 (rank), 28 (procedures), 625 (time), 39.8% (cost)
  • Mauritius: 42 (rank), 35 (procedures), 529 (time), 25.0% (cost)
  • Nigeria: 13 (rank), 40 (procedures), 447 (time), 92.0% (cost)
• Best performer globally: Malaysia (rank 1)

7. Protecting Investors

• Rank: 10
• Procedures: 8
• Time: 600 days
• Cost: 18% of estate
• Comparator economies:
  • Botswana: 52 (rank), 1 (procedures), 1.7 (time), 18% (cost)
  • Mauritius: 12 (rank), 6 (procedures), 1.7 (time), 15% (cost)
  • Nigeria: 68 (rank), 0 (procedures), 2.0 (time), 22% (cost)
• Best performer globally: New Zealand (rank 1)

8. Paying Taxes

• Rank: 24
• Procedures: 7
• Time: 200 hours per year
• Cost: 0.3% of income per capita
• Comparator economies:
  • Botswana: 47 (rank), 34 (procedures), 152 (time), 0.0% (cost)
  • Mauritius: 13 (rank), 8 (procedures), 152 (time), 69.2% (cost)
  • Nigeria: 170 (rank), 47 (procedures), 956 (time), 0.1% (cost)
• Best performer globally: United Arab Emirates (rank 1)

9. Trading Across Borders

• Rank: 106
• Procedures: 5
• Time: 16 days
• Cost: 1,705 USD per container
• Comparator economies:
  • Botswana: 145 (rank), 6 (procedures), 27 (time), 3,045 USD (cost)
  • Mauritius: 12 (rank), 4 (procedures), 10 (time), 675 USD (cost)
  • Nigeria: 158 (rank), 9 (procedures), 22 (time), 1,380 USD (cost)
• Best performer globally: Singapore (rank 1)

10. Enforcing Contracts

• Rank: 80
• Procedures: 29
• Time: 600 days
• Cost: 33.2% of claim
• Comparator economies:
  • Botswana: 86 (rank), 28 (procedures), 625 (time), 39.8% (cost)
  • Mauritius: 54 (rank), 35 (procedures), 529 (time), 25.0% (cost)
  • Nigeria: 136 (rank), 40 (procedures), 447 (time), 92.0% (cost)
• Best performer globally: Singapore (rank 150)

11. Resolving Insolvency

• Rank: 82
• Time: 2 years
• Cost: 18% of estate
• Comparator economies:
  • Botswana: 34 (rank), 1.7 (time), 18% (cost)
  • Mauritius: 61 (rank), 1.7 (time), 15% (cost)
  • Nigeria: 107 (rank), 2.0 (time), 22% (cost)
• Best performer globally: Japan (rank 1)

Key Information

• Data Sources: The data is based on the Doing Business database, with the latest data as of June 1, 2013 (except for paying taxes, which covers January-December 2012).
• Methodology: The report uses standardized assumptions for data collection, including a limited liability company located in the largest business city, with no special benefits and no real estate ownership.
• Reforms: South Africa made progress in 2012 by implementing a new company law that eliminated the need to reserve a company name and simplified incorporation documents. No further reforms were recorded in DB2013 and DB2014.
• Distance to Frontier (DTF): This measure helps assess how far an economy is from the best practices, with South Africa improving slightly in this metric.
• Comparators: The report includes data from other economies to provide a comparative analysis of South Africa's business environment.

Summary

South Africa's business environment, as assessed by the Doing Business 2014 report, ranks 41st globally. While it has made some progress in recent years, particularly in streamlining the business registration process, it still lags behind many comparator economies in key areas such as getting electricity and resolving insolvency. The report highlights the importance of regulatory reforms and the need for continued improvements in the business environment to enhance competitiveness and support entrepreneurship.