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Doing Business 2016 World Bank Group: Poland – easier to carry on business

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Poland went up in the prestigious ranking of Doing Business 2016 by three positions and took the 25th place within 189 countries. Ranking reflects the ease of doing business in the world.

 

Doing Business 2016: Measuring Regulatory Quality and Efficiency, a World Bank Group flagship publication, is the 13th in a series of annual reports measuring 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 189 economies — and over time.

Polish jump to the 25th place in the latest ranking is good news for home business and potential investors. Doing Business measures regulations affecting 11 areas of the life of a business among others: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency.

Poland has been repeatedly shown in the report as an example for other countries. As an worthy example indication were the rules relating to the creation of a new law in our country. Representatives of the World Bank praised the transparency of the legislative process, including availability of projects on public websites. Poland was also praised for the progress in the implementation of online tax returns.