Serbia - 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
2005 2.02
2006 2.14
2007 2.24
2008 2.15
2009 1.94

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/).

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Year Value
2002 9.82
2003 43.22
2005 17.74
2009 109.52

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/).

See also:

Year Value
2009 1.10

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/).

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Year Value
2009 131.00
2010 131.00
2011 131.00

Firing cost (weeks of wages)

The value for Firing cost (weeks of wages) in Serbia was 25.00 as of 2009. As the graph below shows, over the past 6 years this indicator reached a maximum value of 25.00 in 2009 and a minimum value of 17.00 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 17.00
2004 17.00
2005 17.00
2006 25.00
2007 25.00
2008 25.00
2009 25.00

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 61.42
2003 64.88
2005 30.05

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
2002 46.83
2005 59.56
2009 3.62

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/).

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Year Value
2011 20.20

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 2.20

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 11.60

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment