ID :
260629
Tue, 10/23/2012 - 16:28
Auther :

Azerbaijan 67th in WB`s Doing Business-2013

Baku, October 23 (AzerTAc). Doing Business 2013, an annual World Bank and International Financial Corporation (IFC) report on freedom of enterprise, has been published ranking Azerbaijan 67th among 185 countries. According to the Ministry of Economic Development, Azerbaijan was 18th for “creation of institution” and 9th for “registration of property”. Azerbaijan entered the top 10 in terms of the best situation in the field of registration of property rights together with the developed countries as Great Britain, Malaysia and New Zealand. Azerbaijan also ranked 25th for the defence of investors` rights and entered the top 10 for the reforms in this field. The country placed 25th for enforcement of contracts, and 7th for settlement of commercial controversies. In terms of payment of taxes, Azerbaijan is among the top 5 countries.

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