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WB: The firms pay in Romania the most numerous taxes per year

Bucharest - The firms from Romania pay the most numerous taxes set by the Government per year - 113 - followed by those from Belarus with 112 taxes and Uzbekistan with 106, reads the report "Doing Business 2009" made by the World Bank which places at the opposite end countries like the Maldives or Qatar with one tax per year.

Also among the countries with the smallest number of taxes paid by year by firms is Sweden with two taxes, the report also shows. In terms of "payment of taxes" as a whole Romania ranks 146 out of 181 states under review. In connection with the most favourable conditions for the development of affairs, Romania will remain also in the future on place 47 in the WB top. Apart from the developed states, like New Zealand (on the second place), USA (3), Great Britain (6) or France (31), Romania is outdistanced by countries from Central and East Europe and by Baltic states, Slovakia (36), Hungary (41) and Bulgaria (45), and by less developed countries, such as Azerbaijan (33) or Botswana (38). In the report published in September 2007, the World Bank placed Romania, at that time, on place 48, up 23 positions against 2006. The only reform made in Romania during 2007-2008 referred to the enforcement of the contracts, ranking four in the top states included in the report, subject to the efficiency of the new regulations from this domain.

At the level of the analyzed states, Romania ranks 31. In the 2006 edition of the report, Romania ranks on the second position in the world top states with the best performances in the domain of the economic reforms during 2005-2006, after Georgia, and the first place in a regional classification.

On another hand, Romania ranks four in the top ten states which have enforced the reforms for the growth of the efficiency of the tribunals in the settlement of some commercial disputes in the last year, after Mozambique, Macedonia and Bulgaria, a World Bank report shows.

"Romania has simplified the enforcement of some court resolutions through the elimination of the empowering order and allowing attaching the credit balance sheet. The reform has reduced the period of time required for the enforcement of the ruling by one month, from 120 days to 95," reads the report.

The experts of the World Bank also show that of all the analyzed domains, Romania has the best performances in crediting, ranking 12 among the states included in the survey. On another hand, Romania ranked 114 in regard to the registration of a property, and 143 in connection with the hiring conditions.

 

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Tags: romania states world taxes firms report

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