Page 176 - Theoretical and Practical Interpretation of Investment Attractiveness

social contribution by the employer and the reduction in the corporate income tax rate
improved the rating indicator in the area of tax payment.
Table 4.3.1
Business indicators

Procedures
Launch expansion ( Expansion ) Bankruptcy ( Insolvency )
( Operations )
1. Starting a business 2. Property registration 6. Obtaining a building 11. Bankruptcy
, food , time and Required food , time and cost permit registration
expenses required to 3. Getting a loan Food , time and cost Time required, cost and
start a business. Credit information systems 7. Tax payments level of return on capital
Legislation on mortgage of Fees, time and tax
movable property burden
Protection of private 8. Carrying out
investors international trade
Disclosure and liability under Required documents ,
partnership agreements deadlines and costs
5. Liability under contracts 9. Electrical connection
, time and cost required to Reactions , time and cost
resolve a commercial dispute 10. Hiring employees (
addition )

Property rights;
Investor
protection;
Administrative
Get a loan
burden;
Market Ease of hiring Return on capital
access
Asset redistribution

Moreover, until 2015 the number of criteria reached 11, and since 2016 the number of
indicators was increased to 10 . However, the indicator of labor market regulation, which is
the 11th criterion, was absorbed by other indicators . That is, when calculating the 2016 rating,
this criterion was not recorded as a separate indicator . The composition of 10 assessment
indicators (indicators) is presented in Table 4.3.1.
According to the results of the World Bank's global ranking, 190 countries received
the corresponding places. The higher a country ranks in this ranking, the healthier and better
the business environment in that country is 188 . For 10 years in a row, the state of Singapore
has been ranked first in creating favorable conditions for business activity. New Zealand,
Denmark, South Korea and Hong Kong (China) are among the top five countries with the

188 http://www.doingbusiness.org/methodology.

173