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Doing Business 2013: smarter Regulations for Small and Medium-Size Enterprises

In ranking on the ease of doing business Latvia is 25th from listed countries and in chapter Latvia: maintaining a reform state of mind can read more how Latvia has made big advances towards the frontier in regulatory practice. Latvia is ranked as one of esaiest to get credit.

In ranking on the ease of doing business Lithuania is 27th from listed countries. Lithuania is listed as 5th where easiest to register property.

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Also mentioned as one of fastest who makes registering property easy 3 days. For questions, please, contact Valters Gencs, attorney at law at info gencs.

Belarus improved its ratings in Getting Electricity from the rd to st place, in Enforcing Contracts from 14th to 13th, Trading Across Borders from th to st. Belarus left where it was in Starting a Business and Registering Property 9th and 3rd respectively.

Doing Business 2013: smarter Regulations for Small and Medium-Size Enterprises

According to the experts of the international organizations, important reforms were made in the field of taxation and resolving insolvency. Belarus made paying taxes easier and less costly for companies by reducing the profit tax rate and encouraging the use of electronic filing and payment systems.

Apart from that, Belarus enhanced its insolvency process by exempting the previously state-owned property of a privatized company from the bankruptcy proceeding, requiring that immovable property not sold in the auction be offered to creditors for purchase and allowing immovable property to be sold without proof of state registration in a bankruptcy auction if there are no funds to pay for the registration.

Belarus made starting a business more difficult by increasing the cost of business registration and the cost to obtain a company seal, the experts stated. Official Website of the Republic of Belarus. Press centre. Business news.

Uncertainty over the cost of new regulations is suppressing business investment & job creation.

Belarus parliament elections Press releases. Second European Games in Belarus. Year of Native Land in Belarus.


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