Bulgaria - 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 Bulgaria was 7.20 as of 2009. Its highest value over the past 5 years was 9.81 in 2007, while its lowest value was 4.63 in 2004.

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://econ.worldbank.org/research/entrepreneurship).

See also:

Year Value
2004 4.63
2005 5.73
2006 6.91
2007 9.81
2008 8.27
2009 7.20

Delay in obtaining an electrical connection (days)

Definition: Delay in obtaining an electrical connection is 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/).

See also:

Year Value
2002 5.80
2004 23.83
2005 22.06
2007 85.62
2009 44.75

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
2007 3.89
2009 3.69

Time required to get electricity (days)

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/).

See also:

Year Value
2009 137.00
2010 137.00
2011 130.00

Firing cost (weeks of wages)

The value for Firing cost (weeks of wages) in Bulgaria was 9.00 as of 2009. As the graph below shows, over the past 6 years this indicator reached a maximum value of 9.00 in 2009 and a minimum value of 9.00 in 2003.

Definition: Firing cost is the cost of advanced notice requirements, severance payments, and penalties due when terminating a redundant worker, expressed in weekly wages. One month is recorded as 4 1/3 weeks.

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

See also:

Year Value
2003 9.00
2004 9.00
2005 9.00
2006 9.00
2007 9.00
2008 9.00
2009 9.00

Firms that do not report all sales for tax purposes (% of firms)

Definition: Firms that do not report all sales for tax purposes are the percentage of firms that expressed that a typical firm reports less than 100 percent of sales for tax purposes; such firms are termed ""informal firms.""

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

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Year Value
2002 47.01
2004 35.11
2005 39.06
2007 16.38

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/).

See also:

Year Value
2002 55.63
2005 42.63
2007 6.15
2009 6.58

Labor tax and contributions (% of commercial profits)

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/).

See also:

Year Value
2011 19.20

Other taxes payable by businesses (% of commercial profits)

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
2011 4.10

Profit tax (% of commercial profits)

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
2011 4.90

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment