doing business reducing bureaucracy. background the 2011 doing business report is the eighth in a...
TRANSCRIPT
Doing Business
Reducing Bureaucracy
BackgroundThe 2011 Doing Business report is the eighth in a series of annual reports benchmarking the regulations that enhance business activity and those that constrain it. The report presents quantitative indicators on business regulation and the protection of property rights for 183 economies
Israel's global ranking in 2011 is: 29
Rank)29(
Starting a Business
)36(
Dealing with Licenses
(121)
Registering Property
(147)
Getting Credit
(6)
Protecting Investors
(5)
Paying Taxes
)82(
Enforcing Contracts
)96(
Closing a business
)40(
Trading Across
Borders )10(
Procedures (number)
)7.8 / 5(
Time (days) )33.9 / 34(
Cost (% of income
per capita))40.7 / 4.3(
Min. capital (% of income
per capita))59.6 / -(
Procedures (number)
)18 / 20(
Time (days))207.3 / 235(
Cost (% of income
per capita))723.4 / 104(
Procedures (number)
)5.9 / 7(
Time (days))58 / 144(
Cost (% of property
value))5.9 / 5(
Legal Rights Index
)5.5 / 9(
Credit Information
Index)3 / 5(
Shareholder Suits Index
)5.7 / 9(
Disclosure Index
)5.3 / 7(
Director Liability Index
)4.4 / 9(
Investor Protection
Index)5.1 / 8.3(
Payments (number)
)29.9 / 33(
Time (hours))282.1 / 235(
Documents for export (number)
)6.5 / 5(
Time for export (days)
)23.1 / 11(
Cost to export (US$ per container)
)1393 / 670(
Procedures (number)
)38.1 / 35(
Time (days))605.1 / 890(
Cost (% of debt)
34.7 / 25.3(
Recovery rate (cents on the
dollar))32.3 / 49.1(
)Israel/ Average world(
Time (years))2.9 / 4(
Cost (% of estate)
)15.6 / 23(
Time for import (days)
)25.8 / 10(
Total tax rate (% profit)
)47.8 / 31.7(
25%
25%
25%
25%
33%
33%
33%
33%
33%
33%
62.5%
37.5%
33%
33%
33% 33%
33%
33%
17%
17%
17%
17%
17%
17%
33%
33%
33%
100%
Documents for import (number)
)7.3 / 4(
Cost to import (US$ per container)
)1639.8 / 605(
Legend: Leading Lagging
The World Bank’s Ranking
Benefit for the Israeli economy
How do we improve?
Improving World Bank
rankings
Improving World Bank
rankings
Measuring the burden and the improvement using the SCM
Identify processes which have an impact on the ease of Doing
Business
Many government agencies participate in the process
Better Regulation
How?
Starting a business Property registration
Business Registration Import Food Products Registration Medical Tools and Devices Registration the Standards Institution of Israel (SII)
Adding additional processes, according to SCM
What needs to be done?
Open Discussion
Thank you
A joint effort of all Government offices Ministry of Finance Ministry of Justice Ministry of Trade, Industry & Labor Ministry of Interior affairs Ministry of Health Ministry of Environmental Protection Ministry of Agriculture & Rural Development Tax Authority National Insurance Institute Accountant General
Additional partners: Chamber of Commerce Israel Federation of Independent’s Organizations Manufacturers Association of Israel
Mapping the Costs
Costs applicable to businesses and citizens arising from Government’s legislation and regulation .
What is the administrative burden of What is the administrative burden of regulationregulation??
The cost of administrative burden for businesses in Europe is estimated at € 470 billion per year which accounts for 3.5% of GDP EU
Accordingly, the administrative burden in Israel is estimated at NIS 30 Billion
SCM – Standard Cost Model
The conventional model for examining the cost of bureaucratic burden
Hours Cost per hour Frequency businessesXX X
SCM