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Doing Business 2020 : Comparing Business Regulation in 190 Economies - Economy Profile of Romania (English)

Doing business 2020 is the 17th in a series of annual studies investigating the regulations that enhance business activity and those that constrain it. Doing business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 190 economies - from Afghanistan to Zimbabwe - and over time. Regulations affecting 12 areas of the life of a business are covered: 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, employing workers, and contracting with the government. The employing workers and contracting with the government indicator sets are not included in this year’s ranking on the ease of doing business. Data in doing business 2020 are current as of May 1, 2019. The indicators are used to analyze economic outcomes and identify what reforms of business regulation have worked, where, and why. This economy profile presents indicators for Romania for 2020, Romania ranks 55.


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    Europe and Central Asia,

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    Doing Business 2020 : Comparing Business Regulation in 190 Economies - Economy Profile of Romania

  • Keywords

    cadastre and land registration; commercial registries; Water Supply and Sewerage Authority; local labor inspectorate; Goods and Service Tax; legal framework for insolvency; present value of debt; health and safety requirement; regulatory environment for business; corporate income tax rate; social security contribution rate; large business; reliability of supply; limited liability company; credit information index; insolvency framework; power of attorney; alternative dispute resolution; transparency of information; water and sewerage; water and sewage; collective bargaining agreement; electric power supply; enforcement of judgment; minority investor protection; property transfer tax; use of land; small claims court; land administration system; minimum capital requirement; income tax liability; pay taxes; transfer of ownership; storage of good; IS Building; foreign trade activities; local public administration; law and regulation; building permit issue; application of law; solid waste authority; use of electricity; declaration of bankruptcy; public utility service; average water use; civil procedure code; certificate of incorporation; electronic payment system; occurrence of insolvency; quality and efficiency; department of agriculture; mode of transport; private sector experts; shipment of good; income tax work; income tax return; credit information system; financial transaction tax; cost of goods; case of fraud; publicly traded corporation; risk of abuse; scope of application; minority shareholder protection; financial institution access; types of debt; registration of security; credit reporting system; gross national income; income tax credit; requests for extension; geographic information system; deed registration; Land Registration System; real estate transaction; value of land; across border; construction permit; immovable property; secured creditor; several assumptions; simple average; insolvency proceeding; reorganization plan; notary public; construction work; credit registry; judicial process; share capital; property value; security interest; total tax; legal right; city hall; recovery rate; Urban Planning; land dispute; competent court; movable asset; shareholder right; corporate transparency; working day; Land Registry; building regulation; legal entities; registration procedure; legal entity; director liability; secured transaction; building quality; Property title; tax authorities; electrical contractor; tax authority; property transaction; online access; stamp duty; Business Regulation; electricity connection; governance index; Court Automation; Collateral Registries; legal provision; reorganization proceeding; Bankruptcy Law; commercial cases; mandatory contribution; adult population; time standards; domestic transport; hold land; interest regulation; annual leave; court structure; redundant worker; minimum wage; legal system; property right; equal access; geographic coverage; supply contract; certified copy; certified copies; commercial dispute; asset index; signed version; going concern; fiscal risk; labor taxes; land title; site inspection; purchase agreement; commercial activity; calendar year; land book; legal basis; value added; professional certification; wastewater flow; court fee; land plot; insurance regime; overtime work; weekly rest; utility connection; private property; time limit; official gazette; regulatory monitoring; reorganization procedure; environment protection; power outage; Debt Enforcement; land use; Exchange Rates; bank transfer; administrative burden; vehicle tax; local regulation; tax audit; Gross Salary; sales tax; input vat; construction site; certification exam; stock exchange; commercial invoice; legal expense; customs authority; border crossing; medium-size company; monthly consumption; university degree; qualification requirement; labor contract; land border; import product; movable collateral; ownership right; new company; relief measure; minimum tax; insolvency administrator



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Doing Business 2020 : Comparing Business Regulation in 190 Economies - Economy Profile of Romania (English). Doing Business 2020 Washington, D.C. : World Bank Group.