Every year, there are many lists of Business Environment Evaluations, and the standards are different. But the most authoritative is the "World Business Environment Report" released by the World Bank. The data on the business environment indicators ranks the ease of doing business in 190 economies around the world. It has been published 15 times, and has received worldwide attention.

Throughout the World Bank's Business Environment Assessment System, its indicators includes the entire life cycle of the company, including “starting a business, handling construction permits, obtaining electricity, registering property, obtaining credit, protecting small and medium investors, paying taxes, and cross-border trade, execution of contracts and bankruptcy. This article only lists a few of the key indicators for your reference.

1. Start A Business

This indicator reflects the difficulty of starting a business (multiple refers to SMEs). At present, most of China's municipalities, provincial capitals and vice provincial capitals can implement network approval and window processing. The start-up time of enterprises is between 5-8 working days; however, the most small and medium-sized cities in non-developed provinces, start-up enterprises still have to shuttle through multiple departments, and the settlement time is more than 20 working days.

2. Handling Construction Permit

This item reflects the difficulty of building a factory/office building. It mainly measures the procedures, time and expenses required for the building a factory or office building, including obtaining the necessary permits and approvals, submitting the required notices, applying for and accepting all inspections, and the entire process of getting the utility. At the same time, this indicator item should also examine the building quality control index, assess the quality of building regulations, quality control and safety mechanisms, liability and insurance systems, and qualification requirements.

3. Obtain The Electricity

This item reflects the difficulty of obtaining power supply, it mainly measures the procedures, time and expenses for the company to obtain permanent power connection. In addition, we must measure the reliability of electricity supply, the transparency of electricity and electricity prices.

4. Property Registration

This item reflects the extent that companies are protected by property rights. Mainly measure the steps required to complete the registration of property rights, the time and cost. 

5. Tax Payment

This item reflects the tax burden that the company needs to undertake, and the administrative burden in the process of paying taxes.