Doing Business 2020
Doing Business 2020, a World Bank Group flagship publication, is the 17th in a series of annual studies 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 190 economies—from Afghanistan to Zimbabwe—and over time.
Doing Business covers 12 areas of business regulation. Ten of these areas—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—are included in the ease of doing business score and ease of doing business ranking. Doing Business also measures regulation on employing workers and contracting with the government, which are not included in the ease of doing business score and ranking.
Ease of doing business ranking based on DB Score
- 1 New Zealand 86.8
- 2 Singapore 86.2
- 3 Hong Kong SAR, China 85.3
- 4 Denmark 85.3
- 5 Korea, Rep. 84.0
- 6 United States 84.0
- 7 Georgia 83.7
- 8 United Kingdom 83.5
- 9 Norway 82.6
- 10 Sweden 82.0
- 99 Sri Lanka 61.8
- 190 Somalia 20.0 (Worst)
While it is likely that many company directors do qualify for redundancy once their company becomes insolvent, it is important to note that redundancy can only be claimed if the company enters a formal liquidation process. CFS Redundancy Payments
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