Luxembourg - Ease of doing business

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

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 5.71
2005 6.27
2006 6.98
2007 7.38

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 120.00
2010 120.00
2011 120.00

Firing cost (weeks of wages)

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
2006 39.00
2007 39.00
2008 39.00
2009 52.00

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 15.10

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 1.50

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 4.10

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment