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Doing business 2016 : measuring regulatory quality and efficiency - Papua New Guinea (English)

This economy profile for Doing Business 2016 presents the 11 Doing Business indicators for Papua New Guinea. To allow for useful comparison, the profile also provides data for other selected economies (comparator economies) for each indicator. Doing Business 2016 is the 13th edition in a series of annual reports measuring the regulations that enhance business activity and those that constrain it. Economies are ranked on their ease of doing business; for 2015 Papua New Guinea ranks 145. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm. Doing Business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 189 economies from Afghanistan to Zimbabwe and over time. 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 11 areas in the life cycle of a business: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, resolving insolvency and labor market regulation. The data in this report are current as of June 1, 2015 (except for the paying taxes indicators, which cover the period from January to December 2014).

Details

  • Document Date

    2015/10/01

  • Document Type

    Working Paper

  • Report Number

    100822

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Papua New Guinea,

  • Region

    East Asia and Pacific,

  • Disclosure Date

    2015/11/19

  • Disclosure Status

    Disclosed

  • Doc Name

    Doing business 2016 : measuring regulatory quality and efficiency - Papua New Guinea

  • Keywords

    private limited liability company;water and sewage;Goods and Service Tax;protection property right;regulatory environment for business;labor market regulation;construction permit;reliability of supply;minimum capital requirement;privileges and immunity;land administration system;measures of efficiency;information on business;Country of Incorporation;security of property;value added tax;water and sewerage;regulatory best practice;minority investor protection;quality and efficiency;average water use;Certificate of Ownership;large business;building regulation;business environment;insurance regime;pay taxes;building permit;safety mechanism;professional certification;legal entity;legal entities;construction company;written notice;trade license;aggregate measure;Water Demand;simple average;local entrepreneur;building quality;governance index;university degree;wastewater flow;utility connection;qualification requirement;stamp duty;regulatory practice;technical equipment;concrete work;water source;water need;power outage;construction delay;fire protection;supply contract;electricity utilities;water delivery;installation work;sewerage infrastructure;septic tank;electricity connection;professional engineering;technical expertise;professional experience;natural water;natural reserve;insurance companies;construction industry;licensed insurer;Land Registry;historical monuments;local association;simple procedure;private insurer;architectural plan;regulatory monitoring;monthly bill;steel work;building code;electricity business;approved plan;public official;power supply;certification exam;electricity access;affordable electricity;registration requirement;public safety;Work Injury;macroeconomic condition;recovery rate;quantitative indicators;Business Regulation;profit tax;saharan africa;copyright owner;business information;commercial purpose;regulatory quality;business indicator;original work;sole responsibility;Real estate;sales tax;registration fee;domestic company;legal form;postal address;superannuation fund;registered company;start-up capital;share certificates;mandatory contribution;registration process;certified copies;certified copy;corporate name;labor taxes;infrastructure service;professional fee;financial liability;stock company;formal sector;electricity indicator;road access;social security;industrial zone;commercial business;sewerage connection;civil engineer;construction lawyer;personal asset;site map;health department;telephone call;construction work;Construction Firms;export product;efficient practices;regulatory process;support policy;legal right;credit registry;employer contribution;interest regulation;total tax;external agencies;comparative advantage;import product;high trade;Job Quality;index transparency;

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Citation

Doing business 2016 : measuring regulatory quality and efficiency - Papua New Guinea (English). Doing business 2016 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/433791468197989126/Doing-business-2016-measuring-regulatory-quality-and-efficiency-Papua-New-Guinea