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Doing business in a more transparent world 2012 - economic profile : Colombia - comparing regulation for domestic firms in 183 economies (English)

Doing Business sheds light on how easy or difficult it is for a local entrepreneur to open and run a small to medium-size business when complying with relevant regulations. It measures and tracks changes in regulations affecting 10 areas in the life cycle of a business: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency. In a series of annual reports Doing Business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 183 economies, from Afghanistan to Zimbabwe, over time. This economy profile presents the Doing Business indicators for Colombia. To allow useful comparison, it also provides data for other selected economies (comparator economies) for each indicator. The data in this report are current as of June 1, 2011 (except for the paying taxes indicators, which cover the period January- December 2010). The data not only highlight the extent of obstacles to doing business; they also help identify the source of those obstacles, supporting policy makers in designing regulatory reform.

Details

  • Document Date

    2011/01/01

  • Document Type

    Working Paper

  • Report Number

    65251

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Colombia,

  • Region

    Latin America & Caribbean,

  • Disclosure Date

    2011/12/14

  • Disclosure Status

    Disclosed

  • Doc Name

    Doing business in a more transparent world 2012 - economic profile : Colombia - comparing regulation for domestic firms in 183 economies

  • Keywords

    construction permit;School of Public Administration;protection property right;regulatory environment for business;private pension fund;limited liability company;public pension fund;minimum capital requirement;business environment;public water utility;availability of electricity;security of property;electricity distribution utility;information on business;utility service providers;value added tax;law and regulation;real property tax;credit information index;point of service;special economic zone;national health system;obstacles to growth;access to information;power of attorney;allocation of resource;simple average;large business;electricity connection;pay taxes;Business Regulation;legal representation;district authority;protecting investor;social security;telephone line;efficient practices;monthly contribution;project financing;land acquisition;water connection;utility surcharge;building regulation;legal right;compensation fund;pension system;Business Registration;notary public;plot location;minimum salary;health coverage;electronic verification;electrical engineer;commercial license;zoning regulation;severance payment;building permit;electricity load;license application;public safety;commercial bank;utility cost;electrical contractor;sewage system;septic tank;construction company;upfront payment;road access;utility network;connection fee;utility connection;savings account;checking account;company information;public entity;payroll contribution;workplace injury;municipal tax;site inspection;regulatory plan;store location;general practice;fee schedule;registration tax;nominal capital;technical appraisal;registration form;electricity source;business cost;permit requirements;streamlining procedures;private company;registered business;application form;Construction Firms;transparent rule;financial resource;public official;work necessary;short course;Real estate;legal entities;legal entity;saharan africa;support policy;income economy;tax system;recovery rate;registered company;regulatory process;formal sector;distribution network;income category;government entity;professional fee;financial liability;applicable law;local entrepreneur;infrastructure service;creating job;subsidiary right;affordable electricity;local bank;license procedure;supply contract;private fund;initial deposit;electricity utilities;installation work;construction process;macroeconomic condition;connection cost;social interest;soil study;Urban Planning;quantitative indicators;payment agreement;risk base;private domain;industrial activity;

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Citation

Doing business in a more transparent world 2012 - economic profile : Colombia - comparing regulation for domestic firms in 183 economies (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/241861468022749433/Doing-business-in-a-more-transparent-world-2012-economic-profile-Colombia-comparing-regulation-for-domestic-firms-in-183-economies