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What does the business environment standard issued by the World Bank mean?
1, start a business. "Business Environment Report" records all the formalities formally required or usually required in practice when an entrepreneur wants to establish and formally operate an industrial and commercial enterprise, the time and expenses required to complete these formalities, and the minimum paid-in capital.

These procedures include the procedures for entrepreneurs to obtain all necessary licenses and permits and to complete the notification, verification and registration that enterprises and employees should make to the relevant competent authorities. The ranking of the convenience of setting up enterprises in an economy is determined by the ranking of their frontier distance scores.

These scores are the average of the leading edge distance scores of its constituent indicators. The frontier distance score shows the distance between an economy and the frontier. These "frontiers" usually have the most efficient models or get the highest scores on each indicator.

2. Construction permit. The Business Environment Report records all the procedures, time and expenses needed by construction enterprises to build warehouses.

In 20 18, a new indicator, building quality control indicator, was added to the Business Environment Report, which was used to evaluate the quality of building regulations, as well as the quality control and safety mechanism, liability and insurance system and qualification requirements.

3. Access to electricity. The business environment report records all procedures for enterprises to obtain permanent power connection for standardized warehouses, including applying to power enterprises and signing contracts, handling all necessary inspection and approval procedures from power enterprises and other institutions, and external and final connection operations.

4. Register the property. The Business Environment Report records all the procedures for an enterprise (buyer) to purchase a property from another enterprise (seller) and transfer the right to use the property from the seller to the buyer, so that the buyer can use the property or use the property to expand its existing enterprise, use the property as loan collateral and sell the property when necessary.

The report also estimated the time and cost required to complete each procedure. The Doing Business report also assessed the advantages and disadvantages of land management in different economies. The index covers five aspects: the reliability of infrastructure, the openness of information, the coverage of geographical areas, the settlement of land disputes and equal access to property rights.

5. Access to credit. The Business Environment Report measures the legal rights of borrowers and lenders in secured transactions through one set of indicators, and the report of credit information through another set of indicators. The first set of indicators describes whether there are some features in the guarantee and bankruptcy laws that make loans more convenient.

The second group measures the coverage, scope and openness of credit information provided by credit service providers (such as credit institutions and credit registries). The ranking of an economy in obtaining credit depends on the ranking of its frontier horizontal distance score. These scores are the comprehensive frontier horizontal distance scores of legal right index and credit information depth index respectively.

6. Protect small and medium investors. The Doing Business Report uses one set of indicators to measure the protection of minority shareholders in the case of conflict of interests, and another set of indicators to measure the rights of shareholders in the corporate governance structure. The data comes from the investigation of lawyers in company law and securities law, and is based on securities supervision rules, company law, civil procedure law and court evidence rules.

The ranking of the protection index of a few investors is determined by their ranking of frontier horizontal distance scores. These scores are the comprehensive frontier horizontal distance scores of interest conflict norm index and shareholder governance index in corporate governance structure.

7. Pay taxes. The Business Environment Report records all kinds of taxes and compulsory distribution that a medium-sized enterprise must pay in a certain year, and also measures the administrative burden brought by tax payment and distribution and after-tax compliance.

8. Cross-border trade. The business environment report records the time and cost related to the logistics process of import and export goods. The Business Environment Report measures the time and cost related to three groups of procedures (excluding customs duties) in the general process of goods import and export: document compliance, border compliance and domestic transportation.

9. Execute the contract. Taking a local grass-roots court as an example, the report measures the time and cost spent in resolving a commercial dispute and the quality index of judicial procedures, so as to evaluate whether various economies have adopted a series of good operations that can improve the quality and efficiency of the court system.

10, bankruptcy. The Business Environment Report studies the time, cost and results of bankruptcy procedures of domestic enterprises, as well as the strength of the legal framework applicable to liquidation and reorganization procedures. The data for dealing with bankruptcy indicators comes from the responses of local bankruptcy practitioners to the investigation, and is verified by studying the laws, regulations and public information of bankruptcy system.

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Brief Introduction to Doing Business Report

The Business Environment Report objectively evaluated the business laws and regulations of 190 economies and selected local cities and their implementation.

The project began in 2002, aiming at investigating domestic small and medium-sized enterprises and evaluating the applicable laws and regulations in the enterprise life cycle.

By collecting and analyzing comprehensive and quantitative data, Doing Business Report compares the business regulatory environment of different economies in different periods, aiming at encouraging countries to compete to improve regulatory efficiency. Provide measurable benchmark indicators for reform; It provides a reference for scholars, media, private sector researchers and others who care about the business environment of various countries.

In addition, the Doing Business Report also provides a detailed local report on business supervision and reform in different cities and regions of a country. Local reports provide data on ease of doing business, rank various regions, and put forward reform suggestions to improve the performance of various indicator areas. The selected city can be compared with other cities in the economy or in the region in terms of business laws and regulations, and can also be compared with 190 economies listed in the Doing Business Report.

The Doing Business Report was first published in 2003, including five indicators and 133 economies. This year's report includes 1 1 indicators and 190 economies. Most indicator sets cover the case scenario of the largest commercial city in each economy, but for 1 economies with a population of more than 1 billion (Bangladesh, Brazil, China, India, Indonesia, Japan, Mexico, Nigeria, Pakistan, Russia and the United States), the data collection scope is extended to the second largest commercial city. The data of this 1 1 economy is the population-weighted average of the two largest commercial cities. The project benefited from feedback from government, academia, practitioners and censors. Over the years, our original intention has not changed: to provide an objective basis for understanding and improving the business supervision environment of countries around the world.

Information source? World Bank-research methods? World Bank-Business Report Project Introduction World Bank-Venture World Bank-Handling Building Permit? World Bank-Access to electricity? World Bank-Register property? World Bank-Access to credit? World Bank-Protecting Minority Investors? World Bank-Tax World Bank-International Trade? World Bank-Implementing the Contract? World Bank-Dealing with Bankruptcy