Doing Business 2018 is the 15th in a series of annual reports investigating the regulations that enhance business activity and those that constrain it. This economy profile presents the Doing Business indicators for Romania. Doing Business presents quantitative indicators on business regulation and the protection of property rights that can be compared across 190 economies; for 2018 Romania ranks 45. Doing Business measures aspects of regulation affecting 11 areas of the life of a business. Ten of these areas are included in this year's ranking on the ease of doing business: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency. Doing Business also measures features of labor market regulation, which is not included in this year's ranking. Data in Doing Business 2018 are current as of June 1, 2017. The indicators are used to analyze economic outcomes and identify what reforms of business regulation have worked, where, and why.
Details
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Document Date
2017/11/01
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Document Type
Working Paper
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Report Number
121103
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2017/11/09
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Disclosure Status
Disclosed
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Doc Name
Doing Business 2018 : reforming to create jobs - Romania
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Keywords
commercial registries;Water Supply and Sewerage Authority;cadastre and land registration;large business;limited liability company;regulatory environment for business;local labor inspectorate;health and safety requirement;legal framework for insolvency;construction work;labor market regulation;Urban Planning;water and sewage;Business Regulation;building permit;water and sewerage;average water use;electric power supply;minimum capital requirement;application of law;power of attorney;sale of good;foreign trade activities;land administration system;credit information system;public utility service;local public administration;solid waste authority;building permit issue;law and regulation;construction company;construction permit;building regulation;insurance regime;stamp duty;building quality;share capital;utility connection;Land Registry;legal entities;legal entity;sewerage connection;environment protection;pay taxes;company registration;minority investor;legal provision;land title;safety mechanism;authorized person;simple average;local branch;collected data;regulatory requirement;low performance;construction site;sewerage infrastructure;bank's representative;commercial activity;start-up capital;professional certification;medium-size company;quantitative data;local association;land plot;legal age;consumer protection;tax adjustment;water delivery;registration procedure;private company;Business Climate;legal representative;Job Quality;assessment agency;environmental permit;working day;deposit fund;land use;local regulation;quantitative indicators;water source;water connection;septic tank;insurance policy;company tax;Water Demand;visual art;
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Citation
Doing Business 2018 : reforming to create jobs - Romania (English). Doing Business 2018 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/116991510222713899/Doing-Business-2018-reforming-to-create-jobs-Romania