Doing Business 2020

Jordan
✓
 Getting credit
Jordan strengthened access to credit by introducing a new secured transac-
tions law, amending the insolvency law, and launching a unified, modern, 
and notice-based collateral registry. The secured transactions law broad-
ened the description of debts and obligations and the scope of assets usable 
as collateral. The amended insolvency law grants secured creditors absolute 
priority and provides a time limit and clear grounds for relief from auto-
matic stays during reorganization procedures. Jordan also improved access 
to credit information by providing credit scores to banks, financial institu-
tions, and borrowers.
✓
 Paying taxes
Jordan made paying taxes easier by implementing electronic filing and pay-
ment for labor taxes and other mandatory contributions.
✓
 Resolving insolvency
Jordan made resolving insolvency easier by introducing a reorganization 
procedure, by allowing debtors to initiate the reorganization procedure, 
and by improving the continuation of businesses and the treatment of con-
tracts during insolvency proceedings.
Kazakhstan
✓
 Starting a business
Kazakhstan made starting a business easier by registering companies for 
value added tax at the time of incorporation.
✓
 Dealing with construction permits
Kazakhstan made dealing with construction permits easier by streamlin-
ing the expert evaluation of the construction project and by improving the 
process for obtaining a new water connection.
×
 Registering property
Kazakhstan made registering property cheaper by decreasing registration 
fees. Kazakhstan also made transferring property more difficult by requir-
ing additional proof of payment of state duties.
✓
 Getting credit
Kazakhstan strengthened access to credit by automatically extending secu-
rity interests to the prod ucts, proceeds, and replacements of the original 

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DOING BUSINESS 2020
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assets and by giving secured creditors absolute priority during insolvency 
proceedings. Kazakhstan also improved access to credit information by 
reporting credit data from retailers.