Contents[ edit ] Inthe study contains quantitative measures of regulations for starting a businessdealing with construction permitsemploying workers, registering property, getting credit, protecting investorstaxestrading across bordersenforcing contractsgetting an electricity connection and closing a business.
Doing Business does not measure all aspects of the business environment that matter to firm or investors, such as the macroeconomic conditions, or the level of employment, corruption, stability or povertyin every country.
The largest turnout of the two demonstrations consisted of - protesters who gathered near the U. The official cost is 0. Transactions and fees to be cost out are very specifically defined.
Casablanca courts hear approximately 85 percent of counterfeiting cases in Morocco. Several sectors remain under public monopoly, managed either directly by public institutions phosphate production, rail transport, some postal services, airport services or by the municipalities wholesale distribution of fruit and vegetables, fish, slaughterhouses.
Morocco was ranked 41 out of countries on soundness of banks.
Moreover, while the IP registration system is fairly efficient and protection mechanisms are in place to defend these rights, enforcement is lacking and legal avenues constrained due to a lack of familiarity with IP law.
The market in Morocco is shallow and illiquid compared to other emerging and frontier markets, with many large firms controlled by privately owned holding groups.
As recognized by the Independent Evaluation Group of the World Bank, some have questioned the reliability and objectivity of its measurements while others doubt the relevance of the issues it addresses or fear it may unduly dominate countries reform agendas at the expense of more crucial development objectives.
The report praised a number of actions taken by Morocco over the past year, including: If you remain in Morocco beyond 90 days without having requested an extension of stay, you will need to appear before a judge prior to departing Morocco.
Routine permits, especially those required by local government agencies, can be difficult to obtain. CONPIAC has been active in supporting research regarding counterfeiting in Morocco and sponsored public events to raise awareness of the problem.
These scores are the simple average of the distance to frontier scores for each of the component indicators.
Competition from State-Owned Enterprises Reform of the state-owned enterprise sector in Morocco has undergone three distinct phases: The surveys are not a statistical sample, and the results are interpreted and cross-checked for consistency before being included in the report.
Transparency of the Regulatory System The government of Morocco makes draft legislation, including those related to investment, available for public comment.
Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned. Foreign investments financed in foreign currency can be transferred tax-free, without amount or duration limits. Morocco received a 2.
This disparate group of protesters took to the street in numbers of between a few hundred to tens of thousands almost every Sunday from its inception through March Arbitration is increasingly used in Morocco.
Consulate General in Casablanca as soon as possible. Lower costs of entry encourage entrepreneurshipenhance firm productivity and reduce corruption. Regarding the topics of Paying Taxes and Employing Workers, it noted that "The latter has already been excluded from the report's rankings.
The latest BBC Business News: breaking personal finance, company, financial and economic news, plus insight and analysis into UK and global markets. I pkf worldwide tax guide foreword a country's tax regime is always a key factor for any business considering moving into new markets.
what is. WASHINGTON, DC--(Marketwired - October 27, ) - Released on Tuesday, the World Bank's "Doing Business" report ranked Morocco 68 out of countries in ease of doing business --.
Morocco has an open economy. Trade represents 80% of the GDP (World Bank, ). Morocco's main trade partners are France and Spain, followed by the United States and Italy. Doing business Egypt vs. Morocco World Bank's report By NBE team Mostafa Mohsen – Karim Ali – Mohamed Yousef – Mohamed Badr – Mahmoud Tarik – RadwaSameh This preview has intentionally blurred sections.
Overview. Doing Business Doing Business in a More Transparent World assesses regulations affecting domestic firms in economies and ranks the economies in 10 areas of business regulation, such as starting a business, resolving insolvency and trading across borders. This year’s report data cover regulations measured from June .Doing business report 2012 morocco