Doing Business 2020



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Doing-Business-2020-Comparing-Business-Regulation-in-190-Economies

 Enforcing contracts
China made enforcing contracts easier by regulating the maximum number 
of adjournments that can be granted and limiting adjournments to unfore-
seen and exceptional circumstances. This reform applies to both Beijing and 
Shanghai. China (Shanghai) made enforcing contracts easier by publishing 
court performance measurement and progress reports.

 Resolving insolvency
China made resolving insolvency easier by providing rules for post-
commencement credit priority and increasing the participation of cred-
itors in insolvency proceedings. This reform applies to both Beijing and 
Shanghai.
Colombia

 Starting a business
Colombia made starting a business easier by removing the requirement of 
opening a bank account to obtain the invoice authorization.

 Trading across borders
Colombia made trading across borders easier by digitizing the responsibility 
card, one of its required export documents.

 Resolving insolvency
Colombia made resolving insolvency easier by increasing the participation 
of creditors in insolvency proceedings.
Congo, Dem. Rep.

 Starting a business
The Democratic Republic of Congo made starting a business less expensive 
by reducing the fees for business incorporation.


DOING BUSINESS 2020
96

 Dealing with construction permits
The Democratic Republic of Congo made dealing with construction per-
mits safer by requiring that professionals in charge of plan revisions and 
inspections be members of the newly created National Order of Architects 
and National Order of Engineers, and by introducing legislation enforcing 
inspections during construction.

 Paying taxes
The Democratic Republic of Congo made paying taxes less costly by lower-
ing the corporate income tax rate to 30% (from 35%).

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