Tim za socijalno uključivanje i smanjenje siromaštva

Serbia is ranked 59 on the World Bank list for doing business this year, a real increase of nine places compared to last year, with the most significant reform recorded in the fields of issuing construction permits and ease of paying taxes.

Serbia is among the first 15 countries regarding progress measures by reducing the distance to the best score, but remain among the lowest ranked countries in the EU and the region.

Among EU members the best ranked are Denmark at 3, United Kingdom at 6 and Sweden at 8, while the worst ranked, and at the same time only EU members behind Serbia are Greece – at 60, Luxembourg at 61 and Malta at 80.

Serbia is ranked worst regarding tax payment, placed 143 with 244 hours per year, 42 payments, and a total rate of 39.7 percent profit. It is best in cross-border trade, at 23^rd globally. Serbia is 65^th in starting business, 59^th in obtaining a loan, 23^rd for international trade, 50^th for bankruptcy proceedings, 139^th in obtaining construction permits, 63^rd for electrification, 73^rd for property registration, 81^st for protection of minority investors, 143^rd for tax payment and 73^rd in contract enforcement.

The first on the list are Singapore, New Zealand, Denmark, South Korea and Hong Kong, while trailing are Eritrea, Libya, South Sudan, Venezuela and Central African Republic. Among the non-European large economies, USA is at 7, Australia at 13, Russia at 51, China at 84, Brazil at 116, and India at 130.

Written by: S.V., taken from www.euractiv.rs