Bhutan - Ease of doing business

New business density (new registrations per 1,000 people ages 15-64)

New business density (new registrations per 1,000 people ages 15-64) in Bhutan was 0.091 as of 2018. Its highest value over the past 12 years was 0.180 in 2012, while its lowest value was 0.025 in 2006.

Definition: New businesses registered are the number of new limited liability corporations registered in the calendar year.

Source: World Bank's Entrepreneurship Survey and database (http://www.doingbusiness.org/data/exploretopics/entrepreneurship).

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Year Value
2006 0.025
2007 0.027
2008 0.050
2009 0.030
2010 0.041
2011 0.052
2012 0.180
2013 0.049
2014 0.061
2015 0.090
2016 0.101
2017 0.142
2018 0.091

Time to obtain an electrical connection (days)

Definition: The average wait, in days, experienced to obtain an electrical connection from the day an establishment applies for it to the day it receives the service.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2009 14.70
2015 21.30

Power outages in firms in a typical month (number)

Definition: Power outages are the average number of power outages that establishments experience in a typical month.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2009 0.800
2015 0.400

Firms experiencing electrical outages (% of firms)

Definition: Percent of firms experiencing electrical outages during the previous fiscal year.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2009 27.70
2015 44.20

Time required to get electricity (days)

The value for Time required to get electricity (days) in Bhutan was 61.00 as of 2019. As the graph below shows, over the past 10 years this indicator reached a maximum value of 93.00 in 2011 and a minimum value of 61.00 in 2015.

Definition: Time required to get electricity is the number of days to obtain a permanent electricity connection. The measure captures the median duration that the electricity utility and experts indicate is necessary in practice, rather than required by law, to complete a procedure.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

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Year Value
2009 93.00
2010 93.00
2011 93.00
2012 82.00
2013 82.00
2014 71.00
2015 61.00
2016 61.00
2017 61.00
2018 61.00
2019 61.00

Firms visited or required meetings with tax officials (% of firms)

Definition: Percent of firms that were visited or required to meet with tax officials.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2009 72.80
2015 81.50

Firms that spend on R&D (% of firms)

Definition: Percent of firms that spend on research and development.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2015 7.30

Firms experiencing losses due to theft and vandalism (% of firms)

Definition: Percent of firms experiencing losses due to theft, robbery, vandalism or arson that occurred on the establishment's premises.

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2009 16.50
2015 15.70

Firms expected to give gifts in meetings with tax officials (% of firms)

Definition: Firms expected to give gifts in meetings with tax officials is the percentage of firms that answered positively to the question "was a gift or informal payment expected or requested during a meeting with tax officials?"

Source: World Bank, Enterprise Surveys (http://www.enterprisesurveys.org/).

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Year Value
2009 2.50
2015 0.30

Labor tax and contributions (% of commercial profits)

Labor tax and contributions (% of commercial profits) in Bhutan was 0.000 as of 2019. Its highest value over the past 14 years was 0.000 in 2019, while its lowest value was 0.000 in 2005.

Definition: Labor tax and contributions is the amount of taxes and mandatory contributions on labor paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

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Year Value
2005 0.000
2006 0.000
2007 0.000
2008 0.000
2009 0.000
2010 0.000
2011 0.000
2012 0.000
2013 0.000
2014 0.000
2015 0.000
2016 0.000
2017 0.000
2018 0.000
2019 0.000

Other taxes payable by businesses (% of commercial profits)

Other taxes payable by businesses (% of commercial profits) in Bhutan was 1.40 as of 2019. Its highest value over the past 14 years was 4.30 in 2012, while its lowest value was 1.40 in 2013.

Definition: Other taxes payable by businesses include the amounts paid for property taxes, turnover taxes, and other small taxes such as municipal fees and vehicle and fuel taxes.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 4.30
2006 4.30
2007 4.30
2008 4.30
2009 4.30
2010 4.30
2011 4.30
2012 4.30
2013 1.40
2014 1.40
2015 1.40
2016 1.40
2017 1.40
2018 1.40
2019 1.40

Profit tax (% of commercial profits)

Profit tax (% of commercial profits) in Bhutan was 33.90 as of 2019. Its highest value over the past 14 years was 33.90 in 2019, while its lowest value was 33.00 in 2005.

Definition: Profit tax is the amount of taxes on profits paid by the business.

Source: World Bank, Doing Business project (http://www.doingbusiness.org/).

See also:

Year Value
2005 33.00
2006 33.00
2007 33.00
2008 33.00
2009 33.00
2010 33.00
2011 33.00
2012 33.00
2013 33.90
2014 33.90
2015 33.90
2016 33.90
2017 33.90
2018 33.90
2019 33.90

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment