Despite the economic crises and political situation, Ukraine's place in the Doing Business 2015 ranking improved by 16
positions and the country is now ranked number 96 among 189 states.
According to the data presented in the report of the World Bank and
International Finance Corporation, there
are the following improvements of business climate in Ukraine:
simplifying the paying taxes process for companies through the introduction of e-filing system and of the single social tax (positive dynamics by 49 ranks);
registering property (positive dynamics by 29 ranks) through the introduction of a new State Register of Property Rights to Immovable Property, which provides state registration in the single Register of Property Rights and
Encumbrances both on land plots and on properties located on them.
However, some indicators pull Ukraine down, in particular:
getting electricity indicator - according to data collected by Doing Business, getting electricity in
Ukraine requires 10 procedures, takes 277 days and costs 165.5% of income per
capita;
trading
across borders (154th place);
resolving
insolvency (142nd place).
The ranking is based on 10 indicators and covers the period from May 2013 to June 1, 2014.
Let us recall that Cai &
Lenard’s experts were involved in the preparation of the Doing
Business 2014 report. The World Bank expressed its gratitude Cai & Lenard for the
cooperation in preparation of the report.
Ukraine in TOP-100 ranking of Doing Business
Despite the economic crises and political situation, Ukraine's place in the Doing Business 2015 ranking improved by 16 positions and the country is now ranked number 96 among 189 states.
According to the data presented in the report of the World Bank and International Finance Corporation, there are the following improvements of business climate in Ukraine:
However, some indicators pull Ukraine down, in particular:
The ranking is based on 10 indicators and covers the period from May 2013 to June 1, 2014.
Let us recall that Cai & Lenard’s experts were involved in the preparation of the Doing Business 2014 report. The World Bank expressed its gratitude Cai & Lenard for the cooperation in preparation of the report.
Practices: