Ease of Doing Business in Asia 2009-2010
The World Bank Group's report on Doing Business 2010
Selected Asia Comparison Table: by Business-in-Asia.com
Summary of Ease of doing business in Asia
According to the report, data in Doing Business 2010: Reforming Through Difficult Times are current as of June 1, 2009. The indicators the World Bank Group found are used to analyze economic outcomes and identify what reforms have worked, where, and why.
Aggregate Rankings Worldwide
Economies are ranked on their ease of doing business, from 1 - 183, with first place being the highest.
Ease of Starting Business in Asia
Runckel & Associates Comment:
Singapore and Hong Kong have ranked high for the past several years for this area. According to the report, Thailand eased business start-up by merging the registration of memorandum and the application for company registration. As a result, it cut 1 procedure (from 8 to 7) and 1 day from company start-up (from 33 to 32 days). However, even though Thailand and Laos required only 7 procedures (compared to India at 13 and China 14), it takes many more days to complete their less number of procedures; for example Malaysia can process 9 procedures in 11 days which showed effectiveness in their systems. Vietnam and Cambodia really need improvement in days required to start a business, as currently they are 50 days and 85 days respectively. China, even though it required more procedures and time, had the 3rd lowest cost to start at 4.9% of income per capita; while India and Cambodia cost the highest at 66.1% and 138.4% respectively.
Number of Procedures to Start Business
This table compares the number of procedures required before an entrepreneur can operate a business.
Time to Start Business (number of days)
This table compares the number of days required before an entrepreneur can operate a business.
Cost to start a business (% of income per capita)
This table compares the costs to start a business.
Ease of Dealing with Construction Permits
Runckel & Associates Comment: According to the report, please note that the rankings below are for a warehouse that will be used for general storage, not to be used for any goods requiring special conditions, such as food, chemicals or pharmaceuticals. China was ranked poorly as one of the longest times, with many required procedures and cost more to get the construction permit issued (37 procedures/336 days/cost 579.2% of income per capita); while Hong Kong has established a one-stop shop that allowed six local departments and two private utilities to function under the same roof to expedite the issuance of construction permits (7 procedures in 67 days/cost 18.7%). India's cost is the highest while Malaysia is the lowest cost (but Malasia takes more procedures and days than many to get the permit: 25 precedures/251 days).
Number of Procedures for Construction Permits
This table compares the number of procedures required for an entrepreneur to deal with construction permits
Time to deal with construction permitsThis table compares the number of days required for an entrepreneur to deal with construction permits
Ease in Registering Property
Runckel & Associates Comment: Thailand leads the group on short procedures, time and cost (which ultimately increased the country's ranking on the Aggregate Ranking).
Procedures to register property (number)
This table compares the number of procedures required for an entrepreneur to register a property.
Ease of Trading Across Borders
Runckel & Associates Comment: Please pay particular note to export and import times as this is something that most companies have to do frequently. The truth is that in most Asian nations much more is required to be done to speed up procedures and to limit the number of documents and the times for processing of these documents in terms of import and export. Vietnam needs to improve on reducing days required before export and cost per container.
Documents to export (number)
This table compares the number documents required before an entrepreneur can export.
Documents to Import (number)
This table compares the number documents required before an entrepreneur can import.
Cost to import (US$ per container)
Cost to deal with construction permits (% of income per capita)
Time to register property (days)
This table compares the number of days required for an entrepreneur to register a property.
Cost to register property (% of property value)
Time to Export (days)
This table compares the number of days required before an entrepreneur can export.
Cost to export (US$ per container)
Time to import (days)
This table compares the number of days required before an entrepreneur can import.
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