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United Arab Emirates Business Guide


Geography


Location:
Middle East, bordering the Gulf of Oman and the Persian Gulf, between Oman and Saudi Arabia


Geographic coordinates:
24 00 N, 54 00 E


Map references:
Middle East


Area:
total:83,600 sq kmcountry comparison to the world: 115
land:83,600 sq km
water:0 sq km


Area - comparative:
slightly smaller than Maine


Land boundaries:
total:1,066 km
border countries:Oman 609 km, Saudi Arabia 457 km


Coastline:
1,318 km


Maritime claims:
territorial sea:12 nm
contiguous zone:24 nm
exclusive economic zone:200 nm
continental shelf:200 nm or to the edge of the continental margin


Climate:
desert; cooler in eastern mountains


Terrain:
flat, barren coastal plain merging into rolling sand dunes of vast desert wasteland; mountains in east


    Elevation extremes:
lowest point:Persian Gulf 0 m
highest point:Jabal Yibir 1,527 m


Natural resources:
petroleum, natural gas


Land use:
arable land:0.61%
permanent crops:0.5%
other:98.9% (2011)


Irrigated land:
920 sq km (2010)


Total renewable water resources:
0.15 cu km (2011)


Freshwater withdrawal (domestic/industrial/agricultural):
0.15 cu km (2011)

Natural hazards:
frequent sand and dust storms


Environment - current issues:
lack of natural freshwater resources compensated by desalination plants; desertification; beach pollution from oil spills


Environment - international agreements:
party to:Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Marine Dumping, Ozone Layer Protection
signed, but not ratified:Law of the Sea


Geography - note:
strategic location along southern approaches to Strait of Hormuz, a vital transit point for world crude oil



People and Society


Nationality:
noun: Emirati(s)
adjective:Emirati


Ethnic groups:
Emirati 19%, other Arab and Iranian 23%, South Asian 50%, other expatriates (includes Westerners and East Asians) 8% (1982)


Languages:
Arabic (official), Persian, English, Hindi, Urdu


Religions:
Muslim (Islam; official) 76%, Christian 9%, other (primarily Hindu and Buddhist, less than 5% of the population consists of Parsi, Baha'i, Druze, Sikh, Ahmadi, Ismaili, Dawoodi Bohra Muslim, and Jewish) 15%


Population:
5,628,805country comparison to the world: 113
note:estimate is based on the results of the 2005 census that included a significantly higher estimate of net immigration of non-citizens than previous estimates; the United Arab Emirates' National Bureau of Statistics estimated the country's total population to have been 8,264,070 in 2010, based on census data; immigrants make up more than 80% of the total population, according to UN data (2013) (July 2014 est.)



Age structure:
0-14 years:20.7% (male 597,476/female 570,275)
15-24 years:13.7% (male 457,647/female 311,673)
25-54 years:61.5% (male 2,639,018/female 820,915)
55-64 years:3.1% (male 132,718/female 43,624)
65 years and over:1% (male 35,071/female 20,388) (2014 est.)


Dependency ratios:
total dependency ratio:19.3 %
youth dependency ratio:18.8 %
elderly dependency ratio:0.5 %
potential support ratio:182.8 (2014 est.)


Median age:
total:30.3 years
male:32 years
female:25 years (2014 est.)


Population growth rate:
2.71% (2014 est.)country comparison to the world: 21


Birth rate:
15.54 births/1,000 population (2014 est.)country comparison to the world: 129


Death rate:
1.99 deaths/1,000 population (2014 est.)country comparison to the world: 224


Net migration rate:
13.58 migrant(s)/1,000 population (2014 est.)country comparison to the world: 10


Urbanization:
urban population:84.4% of total population (2011)
rate of urbanization:2.52% annual rate of change (2010-15 est.)


Major urban areas - population:
ABU DHABI (capital) 942,000; Dubai 1.978 million; Sharjah 983,000 (2011)


Sex ratio:
at birth:1.05 male(s)/female
0-14 years:1.05 male(s)/female
15-24 years:1.47 male(s)/female
25-54 years:3.22 male(s)/female
55-64 years:2.19 male(s)/female
65 years and over:1.77 male(s)/female
total population:2.19 male(s)/female (2014 est.)


    Maternal mortality rate:
12 deaths/100,000 live births (2010)


Infant mortality rate:
total:10.92 deaths/1,000 live birthscountry comparison to the world: 133
male:12.73 deaths/1,000 live births
female:9.01 deaths/1,000 live births (2014 est.)


Life expectancy at birth:
total population:77.09 yearscountry comparison to the world: 70
male:74.49 years
female:79.83 years (2014 est.)


Total fertility rate:
2.36 children born/woman (2014 est.)country comparison to the world: 89


Health expenditures:
3.3% of GDP (2011)


Physicians density:
1.93 physicians/1,000 population (2007)


Hospital bed density:
1.9 beds/1,000 population (2008)


Drinking water source:
improved:
urban: 99.6% of population
rural: 100% of population
total: 99.6% of population
unimproved:
urban: 0.4% of population
rural: 0% of population
total: 0.4% of population (2012 est.)


Sanitation facility access:
improved:
urban: 98% of population
rural: 95.2% of population
total: 97.5% of population
unimproved:
urban: 2% of population
rural: 4.8% of population
total: 2.5% of population (2012 est.)


HIV/AIDS - adult prevalence rate:
0.2% (2001 est.)country comparison to the world: 113


HIV/AIDS - people living with HIV/AIDS:
NA


HIV/AIDS - deaths:
NA


Obesity - adult prevalence rate:
32.7% (2008)country comparison to the world: 22


Education expenditures:
NA

Literacy:
definition:age 15 and over can read and write
total population:90%
male:89.5%
female:91.5% (2005 est.)


Unemployment, youth ages 15-24:
total:12.1%country comparison to the world: 99
male:7.9%
female:21.8% (2008)


Government


Country name:
conventional long form: United Arab Emirates
conventional short form:none
local long form:Al Imarat al Arabiyah al Muttahidah
local short form:none
former:Trucial Oman, Trucial States
abbreviation:UAE


Government type:
federation with specified powers delegated to the UAE federal government and other powers reserved to member emirates


Capital:
name:Abu Dhabi
geographic coordinates:24 28 N, 54 22 E
time difference:UTC+4 (9 hours ahead of Washington, DC, during Standard Time)


Administrative divisions:
7 emirates (imarat, singular - imarah); Abu Zaby (Abu Dhabi), 'Ajman, Al Fujayrah, Ash Shariqah (Sharjah), Dubayy (Dubai), Ra's al Khaymah, Umm al Qaywayn


Independence:
2 December 1971 (from the UK)


National holiday:
Independence Day, 2 December (1971)


Constitution:
previous 1971 (provisional); latest drafted in 1979, became permanent May 1996; amended 2009 (2012)


Legal system:
mixed legal system of Islamic law and civil law


International law organization participation:
has not submitted an ICJ jurisdiction declaration; non-party state to the ICCt


Suffrage:
limited; note - rulers of the seven emirates each select a proportion of voters for the Federal National Council (FNC) that together account for about 12 percent of Emirati citizens


Executive branch:
chief of state:President KHALIFA bin Zayid Al-Nuhayyan (since 3 November 2004), ruler of Abu Zaby (Abu Dhabi) (since 4 November 2004); Vice President and Prime Minister MUHAMMAD BIN RASHID Al-Maktum (since 5 January 2006)
head of government:Prime Minister Vice President MUHAMMAD BIN RASHID Al-Maktum (since 5 January 2006); Deputy Prime Ministers SAIF bin Zayid Al-Nuhayyan (since 11 May 2009) and MANSUR bin Zayid Al-Nuhayyan (since 11 May 2009)
cabinet:Council of Ministers appointed by the president
note:there is also a Federal Supreme Council (FSC) composed of the seven emirate rulers; the FSC is the highest constitutional authority in the UAE; establishes general policies and sanctions federal legislation; meets four times a year; Abu Zaby (Abu Dhabi) and Dubayy (Dubai) rulers have effective veto power
elections:president and vice president elected by the FSC for five-year terms (no term limits) from among the seven FSC members; election last held 3 November 2004 upon the death of the UAE's Founding Father and first President ZAYID bin Sultan Al Nuhayyan (next election NA); prime minister and deputy prime minister appointed by the president
election results:KHALIFA bin Zayid Al-Nuhayyan elected president by a unanimous vote of the FSC; MUHAMMAD bin Rashid Al-Maktum unanimously affirmed vice president after the 2006 death of his brother Sheikh MAKTUM bin Rashid Al-Maktum


Legislative branch:
unicameral Federal National Council (FNC) or Majlis al-Ittihad al-Watani (40 seats; 20 members appointed by the rulers of the constituent states, 20 members elected to serve four-year terms)
elections:last held on 24 September 2011 (next to be held in 2015); note - the electoral college was expanded from 6,689 voters in the December 2006 election to 129,274 in the September 2011 election; elections for candidates rather than party lists; 469 candidates including 85 women ran for 20 contested FNC seats
election results:elected seats by emirate - Abu Dhabi 4, Dubai 4, Sharjah 3, Ras al-Khaimah 3, Ajman 2, Fujairah 2, Umm al-Quwain 2; note - number of appointed seats for each emirate are same as elected seats


    Judicial branch:
highest court(s):Federal Supreme Court (consists of the court president and 4 judges)
judge selection and term of office:judges appointed by the federal president following approval by the Federal Supreme Council, which includes the rulers of the 7 emirates; judge term NA
subordinate courts:Federal Court of Cassation (determines the constitutionality of laws promulgated at the federal and local (emirate) levels; federal level courts of first instance and appeals courts; each emirate has its own court system


Political parties and leaders:
none; political parties are not allowed

Political pressure groups and leaders:
NA


International organization participation:
ABEDA, AfDB (nonregional member), AFESD, AMF, BIS, CAEU, CICA, FAO, G-77, GCC, IAEA, IBRD, ICAO, ICC (national committees), ICRM, IDA, IDB, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IPU, ISO, ITSO, ITU, LAS, MIGA, NAM, OAPEC, OIC, OIF (observer), OPCW, OPEC, PCA, UN, UNCTAD, UNESCO, UNIDO, UPU, WCO, WHO, WIPO, WMO, WTO


Diplomatic representation in the US:
chief of mission:Ambassador Yusif bin Mani bin Said al-UTAYBA (since 25 July 2008)
chancery:3522 International Court NW, Suite 400, Washington, DC 20008
telephone:[1] (202) 243-2400
FAX:[1] (202) 243-2432


Diplomatic representation from the US:
chief of mission:Ambassador Michael H. CORBIN (since 25 July 2011)
embassy:Embassies District, Plot 38 Sector W59-02, Street No. 4, Abu Dhabi
mailing address:P. O. Box 4009, Abu Dhabi
telephone:[971] (2) 414-2200
FAX:[971] (2) 414-2603
consulate(s) general:Dubai


Flag description:
three equal horizontal bands of green (top), white, and black with a wider vertical red band on the hoist side; the flag incorporates all four Pan-Arab colors, which in this case represent fertility (green), neutrality (white), petroleum resources (black), and unity (red); red was the traditional color incorporated into all flags of the emirates before their unification


National symbol(s):
golden falcon


National anthem:
name:'Nashid al-watani al-imarati' (National Anthem of the UAE)

lyrics/music:AREF Al Sheikh Abdullah Al Hassan/Mohamad Abdel WAHAB
note:music adopted 1971, lyrics adopted 1996; Mohamad Abdel WAHAB also composed the music for the anthem of Tunisia


Economy


Economy - overview:
The UAE has an open economy with a high per capita income and a sizable annual trade surplus. Successful efforts at economic diversification have reduced the portion of GDP based on oil and gas output to 25%. Since the discovery of oil in the UAE more than 30 years ago, the country has undergone a profound transformation from an impoverished region of small desert principalities to a modern state with a high standard of living. The government has increased spending on job creation and infrastructure expansion and is opening up utilities to greater private sector involvement. In April 2004, the UAE signed a Trade and Investment Framework Agreement with Washington and in November 2004 agreed to undertake negotiations toward a Free Trade Agreement with the US; however, those talks have not moved forward. The country's Free Trade Zones - offering 100% foreign ownership and zero taxes - are helping to attract foreign investors. The global financial crisis, tight international credit, and deflated asset prices constricted the economy in 2009. UAE authorities tried to blunt the crisis by increasing spending and boosting liquidity in the banking sector. The crisis hit Dubai hardest, as it was heavily exposed to depressed real estate prices. Dubai lacked sufficient cash to meet its debt obligations, prompting global concern about its solvency. The UAE Central Bank and Abu Dhabi-based banks bought the largest shares. In December 2009 Dubai received an additional $10 billion loan from the emirate of Abu Dhabi. Dependence on oil, a large expatriate workforce, and growing inflation pressures are significant long-term challenges. The UAE's strategic plan for the next few years focuses on diversification and creating more opportunities for nationals through improved education and increased private sector employment.


GDP (purchasing power parity):
$269.8 billion (2013 est.)
country comparison to the world: 50
$259.3 billion (2012 est.)
$248.5 billion (2011 est.)
note:data are in 2013 US dollars


GDP (official exchange rate):
$390 billion (2013 est.)


GDP - real growth rate:
4% (2013 est.)
country comparison to the world: 81
4.4% (2012 est.)
3.9% (2011 est.)


GDP - per capita (PPP):
$29,900 (2013 est.)
country comparison to the world: 48
$29,600 (2012 est.)
$29,200 (2011 est.)
note:data are in 2013 US dollars


Gross national saving:
36.8% of GDP (2013 est.)
country comparison to the world: 14
40% of GDP (2012 est.)
37.6% of GDP (2011 est.)


GDP - composition, by end use:
household consumption:51.9%
government consumption:7%
investment in fixed capital:23.1%
investment in inventories:0.7%
exports of goods and services:96%
imports of goods and services:-78.8%
(2013 est.)


GDP - composition, by sector of origin:
agriculture:0.6%
industry:61.1%
services:38.2% (2013 est.)


Agriculture - products:
dates, vegetables, watermelons; poultry, eggs, dairy products; fish


Industries:
petroleum and petrochemicals; fishing, aluminum, cement, fertilizers, commercial ship repair, construction materials, handicrafts, textiles


Industrial production growth rate:
3.3% (2013 est.)
country comparison to the world: 89

Labor force:
4.588 million
country comparison to the world: 84
note:expatriates account for about 85% of the work force (2013 est.)



Labor force - by occupation:
agriculture:7%
industry:15%
services:78% (2000 est.)


    Unemployment rate:
2.4% (2001)
country comparison to the world: 19

Population below poverty line:
19.5% (2003)


Household income or consumption by percentage share:
lowest 10%:NA%
highest 10%:NA%


Budget:
revenues:$138 billion
expenditures:$118.3 billion (2013 est.)


Taxes and other revenues:
35.4% of GDP (2013 est.)
country comparison to the world: 64

Budget surplus (+) or deficit (-):
5% of GDP (2013 est.)
country comparison to the world: 9


Public debt:
41.7% of GDP (2013 est.)
country comparison to the world: 84
42.6% of GDP (2012 est.)


Fiscal year:
calendar year


Inflation rate (consumer prices):
1.3% (2013 est.)
country comparison to the world: 35
0.7% (2012 est.)


Central bank discount rate:
NA%


Stock of narrow money:
NA% (31 December 2013 est.)
$81.46 billion (31 December 2012 est.)


Stock of broad money:
$260.2 billion (31 December 2013 est.)
country comparison to the world: 33
$234.8 billion (31 December 2012 est.)


Stock of domestic credit:
$308.1 billion (31 December 2013 est.)
country comparison to the world: 35
$293.4 billion (31 December 2012 est.)


Market value of publicly traded shares:
$67.95 billion (31 December 2012 est.)


Current account balance:
$52.67 billion (2013 est.)
country comparison to the world: 13
$66.56 billion (2012 est.)


Exports:
$368.9 billion (2013 est.)
country comparison to the world: 18
$350.1 billion (2012 est.)


Exports - commodities:
crude oil 45%, natural gas, reexports, dried fish, dates


Exports - partners:
Japan 15.4%, India 13.4%, Iran 10.7%, Thailand 5.5%, Singapore 5.5%, South Korea 5.3% (2012)


Imports:
$249.6 billion (2013 est.)
country comparison to the world: 20
$221.9 billion (2012 est.)


Imports - commodities:
machinery and transport equipment, chemicals, food


Imports - partners:
India 17%, China 13.7%, US 10.5%, Germany 5.1%, Japan 4.2% (2012)


Reserves of foreign exchange and gold:
$58.04 billion (31 December 2013 est.)
country comparison to the world: 34
$47.04 billion (31 December 2012 est.)


Debt - external:
$167.9 billion (31 December 2013 est.)
country comparison to the world: 35
$162.3 billion (31 December 2012 est.)


Stock of direct foreign investment - at home:
$103 billion (31 December 2013 est.)
country comparison to the world: 41
$92.96 billion (31 December 2012 est.)


Stock of direct foreign investment - abroad:
$61.96 billion (31 December 2013 est.)
country comparison to the world: 35
$58.46 billion (31 December 2012 est.)


Exchange rates:
Emirati dirhams (AED) per US dollar -
3.673 (2013 est.)
3.6725 (2012 est.)
3.6725 (2010 est.)
3.673 (2009)
3.6725 (2008)


Energy


Electricity - production:
102.7 billion kWh (2011 est.)
country comparison to the world: 33


Electricity - consumption:
85.17 billion kWh (2010 est.)
country comparison to the world: 34


Electricity - exports:
0 kWh (2012 est.)
country comparison to the world: 94


Electricity - imports:
0 kWh (2012 est.)
country comparison to the world: 112


Electricity - installed generating capacity:
23.25 million kW (2010 est.)
country comparison to the world: 34


Electricity - from fossil fuels:
100% of total installed capacity (2010 est.)
country comparison to the world: 43


Electricity - from nuclear fuels:
0% of total installed capacity (2010 est.)
country comparison to the world: 33


Electricity - from hydroelectric plants:
0% of total installed capacity (2010 est.)
country comparison to the world: 153


Electricity - from other renewable sources:
0% of total installed capacity (2010 est.)
country comparison to the world: 147


Crude oil - production:
3.213 million bbl/day (2012 est.)
country comparison to the world: 7


Crude oil - exports:
2.142 million bbl/day (2010 est.)
country comparison to the world: 6


Crude oil - imports:
0 bbl/day (2010 est.)
country comparison to the world: 148


    Crude oil - proved reserves:
97.8 billion bbl (1 January 2013 est.)
country comparison to the world: 7


Refined petroleum products - production:
371,500 bbl/day (2010 est.)
country comparison to the world: 38


Refined petroleum products - consumption:
572,100 bbl/day (2011 est.)
country comparison to the world: 31


Refined petroleum products - exports:
382,300 bbl/day (2010 est.)
country comparison to the world: 17


Refined petroleum products - imports:
351,400 bbl/day (2010 est.)
country comparison to the world: 18


Natural gas - production:
52.31 billion cu m (2011 est.)
country comparison to the world: 19


Natural gas - consumption:
60.54 billion cu m (2010 est.)
country comparison to the world: 12


Natural gas - exports:
5.18 billion cu m (2011 est.)
country comparison to the world: 35


Natural gas - imports:
17.44 billion cu m (2011 est.)
country comparison to the world: 21


Natural gas - proved reserves:
6.089 trillion cu m (1 January 2013 est.)
country comparison to the world: 7


Carbon dioxide emissions from consumption of energy:
245.4 million Mt (2011 est.)



Communications


Telephones - main lines in use:
1.967 million (2012)
country comparison to the world: 59


Telephones - mobile cellular:
13.775 million (2012)
country comparison to the world: 61


Telephone system:
general assessment:modern fiber-optic integrated services; digital network with rapidly growing use of mobile-cellular telephones; key centers are Abu Dhabi and Dubai
domestic:microwave radio relay, fiber optic and coaxial cable
international:country code - 971; linked to the international submarine cable FLAG (Fiber-Optic Link Around the Globe); landing point for both the SEA-ME-WE-3 and SEA-ME-WE-4 submarine cable networks; satellite earth stations - 3 Intelsat (1 Atlantic Ocean and 2 Indian Ocean) and 1 Arabsat; tropospheric scatter to Bahrain; microwave radio relay to Saudi Arabia (2011)



    Broadcast media:
except for the many organizations now operating in Dubai's Media Free Zone, most TV and radio stations remain government-owned; widespread use of satellite dishes provides access to pan-Arab and other international broadcasts (2007)


Internet country code:
.ae


Internet hosts:
337,804 (2012)
country comparison to the world: 61


Internet users:
3.449 million (2009)
country comparison to the world: 61



Transportation


Airports
43 (2013)
country comparison to the world: 100


Airports - with paved runways
total:25
over 3,047 m:12
2,438 to 3,047 m:3
1,524 to 2,437 m:5
914 to 1,523 m:3
under 914 m:2 (2013)


Airports - with unpaved runways
total:18
over 3,047 m:1
2,438 to 3,047 m:1
1,524 to 2,437 m:4
914 to 1,523 m:6
under 914 m:
6 (2013)


Heliports
5 (2013)


Pipelines
condensate 533 km; gas 3,277 km; liquid petroleum gas 300 km; oil 3,287 km; oil/gas/water 24 km; refined products 218 km; water 99 km (2013)


Roadways
total:4,080 kmcountry comparison to the world: 157
paved:4,080 km (includes 253 km of expressways) (2008)


    Merchant marine
total:61country comparison to the world: 65
by type:bulk carrier 3, cargo 13, chemical tanker 8, container 7, liquefied gas 1, passenger/cargo 1, petroleum tanker 24, roll on/roll off 4
foreign-owned:13 (Greece 3, Kuwait 10)
registered in other countries:253 (Bahamas 23, Barbados 1, Belize 3, Cambodia 2, Comoros 8, Cyprus 3, Georgia 2, Gibraltar 5, Honduras 1, Hong Kong 1, India 4, Iran 2, Jordan 2, Liberia 37, Malta 1, Marshall Islands 12, Mexico 1, Netherlands 4, North Korea 2, Panama 83, Papua New Guinea 6, Philippines 1, Saint Kitts and Nevis 8, Saint Vincent and the Grenadines 3, Saudi Arabia 6, Sierra Leone 1, Singapore 10, Tanzania 3, Togo 1, UK 8, Vanuatu 1, unknown 8) (2010)



Ports and terminals
major seaport(s):Al Fujayrah, Mina' Jabal 'Ali (Dubai), Khor Fakkan (Khawr Fakkan), Mubarraz Island, Mina' Rashid (Dubai), Mina' Saqr (Ra's al Khaymah)
container port(s) (TEUs):Dubai Port (12,617,595), Khor Fakkan (Khawr Fakkan) (3,234,101)
LNG terminal(s) (export):Das Island


Military


Military branches
United Arab Emirates Armed Forces: Critical Infrastructure Coastal Patrol Agency (CNIA), Land Forces, Navy, Air Force and Air Defense, Border and Coast Guard Directorate (BCGD) (2012)


Military service age and obligation
18 years of age for voluntary military service; 18 years of age for officers and women; no conscription; 16-22 years of age for candidates for the UAE Naval College (2012)


Manpower available for military service
males age 16-49:2,676,928 (includes non-nationals)
females age 16-49:981,649 (2010 est.)


Manpower fit for military service
males age 16-49:2,229,366
females age 16-49:842,759 (2010 est.)


    Manpower reaching militarily significant age annually
male:27,439
female:24,419 (2010 est.)


Military expenditures
NA% (2012)
5.5% of GDP (2011)
NA% (2010)


Transnational Issues


Disputes - international
boundary agreement was signed and ratified with Oman in 2003 for entire border, including Oman's Musandam Peninsula and Al Madhah enclaves, but contents of the agreement and detailed maps showing the alignment have not been published; Iran and UAE dispute Tunb Islands and Abu Musa Island, which Iran occupies


    Illicit drugs
the UAE is a drug transshipment point for traffickers given its proximity to Southwest Asian drug-producing countries; the UAE's position as a major financial center makes it vulnerable to money laundering; anti-money-laundering controls improving, but informal banking remains unregulated

Information provided by CIA - The World Fact Book



Doing Business in United Arab Emirates 2019


           
 

 
United Arab Emirates

  Ease of Doing Business Rank
Overall Score
11
81.28
 
 
Starting a Business (rank)
25
 
 
Protecting Minority Investors (rank)
15
 
  Score
94.06
 
  Score
75.00
 
  Procedures - Men (number)
2
 
  Extent of disclosure index (0-10)
10.0
 
  Time - Men (number)
3.5
 
  Extent of director liability index (0-10)
9.0
 
  Cost - Men (days)
22.8
 
  Ease of shareholder suits index (0-10)
4.0
 
  Procedures - Women (days)
3
 
  Extent of shareholder rights index (0-10)
6.0
 
  Time - Women (% of income per capita)
4.5
 
  Extent of ownership and control index (0-10)
9.0
 
  Cost - Women (% of income per capita)
22.8
 
  Extent of corporate transparency index (0-10)
7.0
 
  Minimum capital (% of income per capita)
0.0
 
  Extent of conflict of interest regulation index (0-10)
7.7
 
 

 
  Extent of shareholder governance index (0-10)
7.3
 
  Dealing with Construction Permits (rank)
5
 
  Strength of minority investor protection index (0-10)
8
 
  Score
86.41
 
 

 
  Procedures (number)
14
 
  Paying Taxes (rank)
2
 
  Time (days)
50.5
 
  Score
99.44
 
  Cost (% of warehouse value)
2.3
 
  Payments (number per year)
4
 
  Building Quality Control Index(0-15)
15.0
 
  Time (hours per year)
12
 
  Quality of building regulations index (0-2)
2.0
 
  Total tax rate (% of profit)
15.9
 
  Quality control before construction index (0-1)
1.0
 
  Profit tax (% of profit)
0
 
  Quality control during construction index (0-3)
3.0
 
  Labor tax and contributions (% of profit)
14.1
 
  Quality control after construction index (0-3)
3.0
 
  Other taxes (% of profit)
1.8
 
  Liability and insurance regimes index (0-2)
2.0
 
  Time to comply with VAT refund (hours)
No VAT
 
  Professional certifications index (0-4)
4.0
 
  Time to obtain VAT refund (weeks)
No VAT
 
   
 
 
  Time to comply with a corporate income tax correction (hours)
N/A
 
  Getting Electricity (rank)
1
 
  Time to complete a corporate income tax correction (weeks)
N/A
 
  Score
100.00
 
  Postfiling index (0-100)

 
  Procedures (number)
2
 
 

 
  Time (days)
10
 
  Trading across borders (rank)
98
 
  Cost (% of income per capita)
0
 
  Score
71.50
 
  Reliability of supply and transparency of tariff index (0-8)
8
 
  Time to export: Documentary compliance (hours)
6
 
  Total duration and frequency of outages per customer a year (0-3)
3
 
  Time to import: Documentary compliance (hours)
12
 
  System average interruption duration index (SAIDI)
0.3
 
  Time to export: Border compliance (hours)
27
 
  System average interruption frequency index (SAIFI)
0.3
 
  Time to import: Border compliance (hours)
54
 
  Minimum outage time (in minutes)
5
 
  Cost to export: Documentary compliance (USD)
178
 
  Mechanisms for monitoring outages (0-1)
1
 
  Cost to import: Documentary compliance
283
 
  Mechanisms for restoring service (0-1)
1
 
  Cost to export: Border compliance (USD)
462
 
  Regulatory monitoring (0-1)
1
 
  Cost to import: Border compliance (USD)
678
 
  Financial deterrents aimed at limiting outages (0-1)
1
 
 

 
  Communication of tariffs and tariff changes (0-1)
1
 
  Enforcing contract (rank)
9
 
  Price of electricity (US cents per kWh)
11
 
  Score
75.88
 
 

 
  Time (days)
445
 
  Registering Property (rank)
7
 
  Filing and service (days)
21
 
  Score
90.88
 
  Trial and judgment (days)
280
 
  Procedure (number)
2
 
  Enforcement of judgment (days)
144
 
  Time (days)
1.5
 
  Cost (% of claim)
21.0
 
  Cost (% of property value)
0.2
 
  Attorney fees (% of claim)
10
 
  Quality of land administration index (0-30)
22.0
 
  Court fees (% of claim)
9.4
 
  Geographic coverage index (0-8)
22.0
 
  Enforcement fees (% of claim)
1.6
 
  Reliability of infrastructure index (0-8)
8.0
 
  Quality of the judicial processes index (0-18)
14.0
 
  Transparency of information index (0-6)
4.0
 
  Quality of the judicial administration index (0-18)
14.0
 
  Geographic coverage index (0-8)
4.0
 
  Court structure and proceedings (0-5)
5.0
 
  Land dispute resolution index (0-8)
6.0
 
  Case management (0-6)
4.0
 
  Equal access to property rights index (-2-0)
0.0
 
  Court automation (0-4)
3.0
 
 

 
  Alternative dispute resolution (0-3)
2.0
 
  Getting credit (rank)
44
 
 
 
 
  Score
70.00
 
  Resolving Insolvency (rank)
75
 
  Strength of legal rights index (0-12)
6
 
  Score
49.67
 
  Depth of credit information index (0-8)
8
 
  Outcome (0 as piecemeal sale and 1 as going concern)
0
 
  Credit registry coverage (% of adults)
10.8
 
  Time (years)
3.2
 
  Credit bureau coverage (% of adults)
53.6
 
  Cost (% of estate)
20.0
 
  Getting Credit total score
14
 
  Recovery rate (cents on the dollar)
28.4
 
 

 
  Strength of insolvency framework index (0-16)
11.0
 
 

 
  Commencement of proceedings index (0-3)
2.0
 
 

 
  Management of debtor's assets index (0-6)
6.0
 
 

 
  Reorganization proceedings index (0-3)
2.0
 
 

 
  Creditor participation index (0-4)
1.0


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