COMPARING BUSINESS REGULATIONS FOR DOMESTIC FIRMS IN 13 CITIES AND 7 PORTS WITH 185 ECONOMIES DOING BUSINESS Smarter Regulations for Small and Medium-Size Enterprises IN ITALY 2013 SUBNATIONAL © 2013 International Bank for Reconstruction and Development / The World Bank 1818 H Street NW Washington, DC 20433 Telephone: 202-473-1000 Internet: www.worldbank.org Some rights reserved. 1 2 3 4 15 14 13 12 A copublication of The World Bank and the International Finance Corporation. This work is a product of the sta of The World Bank with external contributions. Note that The World Bank does not necessarily own each component of the content included in the work. The World Bank therefore does not warrant that the use of the content contained in the work will not infringe on the rights of third parties. The risk of claims resulting from such infringement rests solely with you. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. Nothing herein shall constitute or be considered to be a limitation upon or waiver of the privileges and immunities of The World Bank, all of which are specifically reserved. Rights and Permissions This work is available under the Creative Commons Attribution 3.0 Unported license (CC BY 3.0) http://creativecommons.org/licenses/by/3.0. Under the Creative Commons Attribution license, you are free to copy, distribute, transmit, and adapt this work, including for commercial purposes, under the following conditions: Attribution—Please cite the work as follows: World Bank. 2013. Doing Business in Italy 2013: Smarter Regulations for Small and Medium-Size Enterprises. Washington, DC: World Bank Group. License: Creative Commons Attribution CC BY 3.0 Translations—If you create a translation of this work, please add the following disclaimer along with the attribution: This translation was not created by The World Bank and should not be considered an ocial World Bank translation. The World Bank shall not be liable for any content or error in this translation. All queries on rights and licenses should be addressed to the Oce of the Publisher, The World Bank, 1818HStreet NW, Washington, DC 20433, USA; fax: 202-522-2625; e-mail: pubrights@worldbank.org. Design and Layout: Corporate Visions, Inc. [...]... Doing Business is aware that information provided by the Doing Business report was used in shaping the reform agenda Doing Business in Italy 2013 covers 13 cities and 7 ports The data are based on domestic laws and regulations as well as administrative requirements (For a detailed explanation of the Doing Business methodology, see the data notes.) Doing Business in Italy 2013 respondents Doing Business. .. Starting a doing business business Dealing with construction permits Getting electricity Registering property Getting credit Protecting investors Paying taxes Trading across borders 160 Enforcing contracts Resolving insolvency Note: Italy and other economies are represented by their largest business city and their rankings are based on Doing Business 2013: Smarter Regulations for Small and Medium-Size Enterprises. .. clear and accessible to anyone who needs to use them Note: Developed by Doing Business, this definition of SMART business regulations guides its measurement of regulations WHAT DOING BUSINESS IN ITALY 2013 DOES NOT COVER The Doing Business data have key limitations that should be kept in mind by those who use them Limited in scope The Doing Business indicators are limited in scope In particular: Doing Business. .. starting a business is broken down into clearly defined steps and procedures (for more details, see the discussion on methodology in this chapter) Here Doing Business builds on Hernando de Soto’s pioneering work in applying the time -and- motion approach in the 1980s to show the obstacles to setting up a garment factory on the outskirts of Lima.6 Doing Business in Italy 2013 is a subnational Doing Business. ..4 DOING BUSINESS IN ITALY 2013 FIGURE 1.2 Italy s performance according to Doing Business 2013: Smarter Regulations for Small and Medium-Size Enterprises SINGAPORE EU average NEW ZEALAND HONG KONG SAR, CHINA 40 Italy GEORGIA NEW ZEALAND 49 69 74 UNITED ARAB EMIRATES SINGAPORE 36 39 74 73 ICELAND MALAYSIA 54 EASIEST (1) LUXEMBURG 31 47 62 55 62 68... adopting existing good practices on starting a business, dealing with construction permits, registering property, and enforcing contracts, would rank 56 on the global Doing Business ranking That is 17 positions ahead of Italy s current ranking according to Doing Business 2013 In registering property, reducing the requirements to 3 procedures (as in Bologna, Milan, Naples, Palermo, Rome and Turin),... income average 13.2 Spain, Sweden 7.0 Finland 0.0 New Zealand, France, Germany, United Kingdom, United States Paid -in Minimum Capital (% of income per capita) 21 22 DOING BUSINESS IN ITALY 2013 WHAT TO REFORM Formalize fast-track processing for business start-up FIGURE 3.4 Starting a business in Milan, Padua or Rome is as fast as in Denmark and in the United States 5 Netherlands Milan Padua Rome Denmark... Pakistan and the Philippines.1 This year studies were updated in Indonesia, Kenya, Mexico, Russia and the United Arab Emirates Studies are ongoing in 23 cities and 4 ports in Colombia and 15 cities and 3 ports in Egypt In addition, 3 regional reports were published: Doing Business in OHADA, comparing business regulations in the 16 member states of the Organization for the Harmonization of Business Law in. .. ABOUT DOING BUSINESS TABLE 2.1 Doing Business in Italy 2013—benchmarking 5 areas of business regulation Indicator What it covers Starting a business Procedures, time, cost and minimum capital requirement Dealing with construction permits Procedures, time and cost Registering property Procedures, time and cost Enforcing contracts Procedures, time and cost to resolve a commercial dispute Trading across... the ease of doing business Note: Relationships are significant at the 5% level after controlling for income per capita Source: Doing Business database; OECD data 140 160 180 ABOUT DOING BUSINESS FIGURE 2.4 A similarly strong correlation between Doing Business rankings and World Economic Forum rankings on global competitiveness 2012/13 ranking on Global Competitiveness Index In Colombia the introduction . ECONOMIES ITALY Smarter Regulations for Small and Medium-Size Enterprises SUBNATIONAL DOING BUSINESS IN ITALY 2013ii THE DOING BUSINESS WEBSITE Doing Business in Italy. largest business city and their rankings are based on Doing Business 2013: Smarter Regulations for Small and Medium-Size Enterprises . Source: Doing Business