Business Environment
In 2008, Azerbaijan was cited as the top reformer by the World Bank's Doing Business report:
Azerbaijan led the world as the top reformer in 2007/08, with improvements on seven out of 10 indicators of regulatory reform. Azerbaijan started operating a one-stop shop in January 2008 that halved the time, cost, and number of procedures to start a business. Business registrations increased by 40% in the first 6 months. Azerbaijan also eliminated the minimum loan cutoff of $1,100, more than doubling the number of borrowers covered at the credit registry. Also, taxpayers can now file and pay their taxes online. Azerbaijan’s extensive reforms moved it far up the ranks, from 97 to 33 in the overall ease of doing business.Read more about this topic: Economy Of Azerbaijan
Famous quotes containing the words business and/or environment:
“I ignore all the doomsaying nonsense. I’m in a business where the odds of ever earning a living are a zillion to one, so I know it can be done. I know the impossible can become possible.”
—Marcia Wallace (b. 1942)
“We learn through experience and experiencing, and no one teaches anyone anything. This is as true for the infant moving from kicking to crawling to walking as it is for the scientist with his equations. If the environment permits it, anyone can learn whatever he chooses to learn; and if the individual permits it, the environment will teach him everything it has to teach.”
—Viola Spolin (b. 1911)