Getting Down to Business : Strengthening Economies through Business Registration Reforms
Business registration remains a complicated and costly process in many countries, hampering entrepreneurial activity and the creation of formal employment. In Bolivia and Uganda, for example, entrepreneurs need to complete 15 procedures to incorpor...
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| Format: | Brief |
| Language: | English en_US |
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International Finance Corporation, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2013/12/18882382/getting-down-business-strengthening-economies-through-business-registration-reforms http://hdl.handle.net/10986/18689 |
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okr-10986-186892021-04-23T14:03:49Z Getting Down to Business : Strengthening Economies through Business Registration Reforms Saltane, Valentina Pan, Jiawen ACCESS TO INFORMATION ACCOUNT ACCOUNTING ACCOUNTS ARTICLES OF ASSOCIATION AUTHENTICATION BEST PRACTICES BUSINESS COMMUNITIES BUSINESS DEVELOPMENT BUSINESS ENTRY BUSINESS INDICATOR BUSINESS OPERATIONS BUSINESS REGISTRATION BUSINESS REGULATIONS BUSINESS SERVICES BUSINESSES CAPITAL REQUIREMENT CAPITAL REQUIREMENTS CERTIFICATE CERTIFICATE OF INCORPORATION CHARTER CHARTERS COMMERCIAL ACTIVITIES COMMERCIAL BANK COMPANIES ACT CORPORATE GOVERNANCE CREATIVE SOLUTIONS DIGITAL SIGNATURE E-MAIL E-SERVICES ECONOMIC COOPERATION ELECTRONIC FORM ELECTRONIC PLATFORM ELECTRONIC SERVICES GOOD PRACTICE IDENTIFICATION NUMBER INCORPORATION INSPECTION LICENSE LIMITED LIMITED LIABILITY LIMITED LIABILITY COMPANIES LIMITED LIABILITY COMPANY MANDATORY DISCLOSURE MEDIUM ENTERPRISES NATURAL PERSONS ONE-STOP SHOP ONE-STOP SHOPS ONESTOP SHOP ONLINE BUSINESS ONLINE REGISTRATION ONLINE SERVICE PARTNERSHIP PRIVATE COMPANY REGISTRIES REGISTRY REGULATORY AUTHORITY RESULT RESULTS SEARCH SHARE CAPITAL SHAREHOLDERS STARTUPS STATE ENTERPRISE TAX IDENTIFICATION NUMBER USES Business registration remains a complicated and costly process in many countries, hampering entrepreneurial activity and the creation of formal employment. In Bolivia and Uganda, for example, entrepreneurs need to complete 15 procedures to incorporate a limited liability company. In the Gambia and Djibouti, the cost of incorporation is about 180 percent of per capita income, and the average time needed to start up a business in São Paulo, Brazil, is more than 100 days. Rampant bureaucracy and systemic inefficiencies should not pose obstacles for business development and growth. Several research studies find that simpler business start-up processes are associated with higher rates of formal entrepreneurship, lesser development of shadow economies, increased tax revenues, and decreased corruption. It is clear that easy and straightforward business incorporation practices have multiple spillover benefits for the entire economy. 2014-06-17T21:30:40Z 2014-06-17T21:30:40Z 2013-12 http://documents.worldbank.org/curated/en/2013/12/18882382/getting-down-business-strengthening-economies-through-business-registration-reforms http://hdl.handle.net/10986/18689 English en_US IFC SmartLessons; CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ International Finance Corporation, Washington, DC Publications & Research :: Brief Publications & Research |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCESS TO INFORMATION ACCOUNT ACCOUNTING ACCOUNTS ARTICLES OF ASSOCIATION AUTHENTICATION BEST PRACTICES BUSINESS COMMUNITIES BUSINESS DEVELOPMENT BUSINESS ENTRY BUSINESS INDICATOR BUSINESS OPERATIONS BUSINESS REGISTRATION BUSINESS REGULATIONS BUSINESS SERVICES BUSINESSES CAPITAL REQUIREMENT CAPITAL REQUIREMENTS CERTIFICATE CERTIFICATE OF INCORPORATION CHARTER CHARTERS COMMERCIAL ACTIVITIES COMMERCIAL BANK COMPANIES ACT CORPORATE GOVERNANCE CREATIVE SOLUTIONS DIGITAL SIGNATURE E-SERVICES ECONOMIC COOPERATION ELECTRONIC FORM ELECTRONIC PLATFORM ELECTRONIC SERVICES GOOD PRACTICE IDENTIFICATION NUMBER INCORPORATION INSPECTION LICENSE LIMITED LIMITED LIABILITY LIMITED LIABILITY COMPANIES LIMITED LIABILITY COMPANY MANDATORY DISCLOSURE MEDIUM ENTERPRISES NATURAL PERSONS ONE-STOP SHOP ONE-STOP SHOPS ONESTOP SHOP ONLINE BUSINESS ONLINE REGISTRATION ONLINE SERVICE PARTNERSHIP PRIVATE COMPANY REGISTRIES REGISTRY REGULATORY AUTHORITY RESULT RESULTS SEARCH SHARE CAPITAL SHAREHOLDERS STARTUPS STATE ENTERPRISE TAX IDENTIFICATION NUMBER USES |
| spellingShingle |
ACCESS TO INFORMATION ACCOUNT ACCOUNTING ACCOUNTS ARTICLES OF ASSOCIATION AUTHENTICATION BEST PRACTICES BUSINESS COMMUNITIES BUSINESS DEVELOPMENT BUSINESS ENTRY BUSINESS INDICATOR BUSINESS OPERATIONS BUSINESS REGISTRATION BUSINESS REGULATIONS BUSINESS SERVICES BUSINESSES CAPITAL REQUIREMENT CAPITAL REQUIREMENTS CERTIFICATE CERTIFICATE OF INCORPORATION CHARTER CHARTERS COMMERCIAL ACTIVITIES COMMERCIAL BANK COMPANIES ACT CORPORATE GOVERNANCE CREATIVE SOLUTIONS DIGITAL SIGNATURE E-SERVICES ECONOMIC COOPERATION ELECTRONIC FORM ELECTRONIC PLATFORM ELECTRONIC SERVICES GOOD PRACTICE IDENTIFICATION NUMBER INCORPORATION INSPECTION LICENSE LIMITED LIMITED LIABILITY LIMITED LIABILITY COMPANIES LIMITED LIABILITY COMPANY MANDATORY DISCLOSURE MEDIUM ENTERPRISES NATURAL PERSONS ONE-STOP SHOP ONE-STOP SHOPS ONESTOP SHOP ONLINE BUSINESS ONLINE REGISTRATION ONLINE SERVICE PARTNERSHIP PRIVATE COMPANY REGISTRIES REGISTRY REGULATORY AUTHORITY RESULT RESULTS SEARCH SHARE CAPITAL SHAREHOLDERS STARTUPS STATE ENTERPRISE TAX IDENTIFICATION NUMBER USES Saltane, Valentina Pan, Jiawen Getting Down to Business : Strengthening Economies through Business Registration Reforms |
| relation |
IFC SmartLessons; |
| description |
Business registration remains a
complicated and costly process in many countries, hampering
entrepreneurial activity and the creation of formal
employment. In Bolivia and Uganda, for example,
entrepreneurs need to complete 15 procedures to incorporate
a limited liability company. In the Gambia and Djibouti, the
cost of incorporation is about 180 percent of per capita
income, and the average time needed to start up a business
in São Paulo, Brazil, is more than 100 days. Rampant
bureaucracy and systemic inefficiencies should not pose
obstacles for business development and growth. Several
research studies find that simpler business start-up
processes are associated with higher rates of formal
entrepreneurship, lesser development of shadow economies,
increased tax revenues, and decreased corruption. It is
clear that easy and straightforward business incorporation
practices have multiple spillover benefits for the entire economy. |
| format |
Publications & Research :: Brief |
| author |
Saltane, Valentina Pan, Jiawen |
| author_facet |
Saltane, Valentina Pan, Jiawen |
| author_sort |
Saltane, Valentina |
| title |
Getting Down to Business : Strengthening Economies through Business Registration Reforms |
| title_short |
Getting Down to Business : Strengthening Economies through Business Registration Reforms |
| title_full |
Getting Down to Business : Strengthening Economies through Business Registration Reforms |
| title_fullStr |
Getting Down to Business : Strengthening Economies through Business Registration Reforms |
| title_full_unstemmed |
Getting Down to Business : Strengthening Economies through Business Registration Reforms |
| title_sort |
getting down to business : strengthening economies through business registration reforms |
| publisher |
International Finance Corporation, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2013/12/18882382/getting-down-business-strengthening-economies-through-business-registration-reforms http://hdl.handle.net/10986/18689 |
| _version_ |
1764442515121897472 |