2012年-世界发展银行全球_Doing_Business_Economy_Profile_2012___Saudi_Arabia_99页_2mb

Doing Business 2012: Saudi Arabia Summary

Core Content Overview

The Doing Business 2012 report evaluates the ease of doing business in Saudi Arabia by analyzing regulatory processes across 10 key areas of the business lifecycle. These areas include starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency. The report provides rankings, procedures, time, and costs for each indicator, comparing Saudi Arabia with comparator economies and regional averages.

Key Indicators and Performance

Main Findings

• Ranking: Saudi Arabia ranked 12th in the 2012 Doing Business index, a drop of 2 positions from 2011.
• Procedures: 3 procedures are required to start a business.
• Time: It takes 5 days to complete the process.
• Cost: The cost is 5.9% of income per capita.
• Minimum Capital: 0.0% of income per capita is required.

Business Environment Context

• The report provides a global ranking of 183 economies based on the ease of doing business.
• It uses a methodology that focuses on the regulatory environment for small to medium enterprises, typically a local limited liability company in the largest business city.
• The methodology does not account for other factors like market proximity, infrastructure quality, or macroeconomic conditions.
• Distance to Frontier: A new metric introduced in 2012 to measure how close an economy is to the most efficient regulatory practices.

Regional and Global Comparisons

• Regional Average: Saudi Arabia ranks 18th in the Middle East and North Africa region.
• Global Best Performers:
  • Starting a Business: New Zealand (1), Canada (1)
  • Registering Property: New Zealand (3)
  • Getting Credit: United Kingdom (1)
  • Protecting Investors: New Zealand (1)
  • Paying Taxes: Canada (8)
  • Trading Across Borders: Singapore (1)
  • Enforcing Contracts: Luxembourg (1)
  • Resolving Insolvency: Ireland (0.4)

Reforms in Saudi Arabia

• DB2012: Unified Center for company registration, merging multiple agencies and reducing the number of procedures.
• DB2011: No reforms recorded.
• DB2010: Introduction of a one-stop office at the Ministry of Commerce, simplifying registration and reducing time.
• DB2009: Simplification of formalities and reduction of registration fees by 80%, leading to a decrease in time and cost.

Standardized Company Procedures

Procedures for Starting a Business in Saudi Arabia

Key Notes

• Location: Riyadh
• Legal Form: Limited Liability Company (LLC)
• Start-up Capital: 10 times GNI per capita
• Paid-in Minimum Capital: 0.0% of income per capita
• Registration Fees: SAR 1200 (as per Council of Minister's resolution No.163)
• Chamber of Commerce Fee: SAR 2100
• Publication Cost: SAR 500 (depending on the length of the summary Articles of Association)

Summary of Business Environment Improvements

• Saudi Arabia has made progress in streamlining the business registration process, reducing the number of procedures and time required.
• The cost to start a business has decreased significantly over the years.
• The country has implemented reforms in collaboration with key government departments and institutions.
• The distance to frontier measure shows that Saudi Arabia has moved closer to best practices in some areas, though not all.

Conclusion

The Doing Business 2012 report highlights that while Saudi Arabia has made strides in improving its business environment, there is still room for further reforms. The report serves as a valuable tool for policymakers to identify areas of improvement and benchmark their progress against other economies.