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:
“We are told it will be of no use for us to ask this measure of justice—that the ballot be given to the women of our new possessions upon the same terms as to the men—because we shall not get it. It is not our business whether we are going to get it; our business is to make the demand.... Ask for the whole loaf and take what you can get.”
—Susan B. Anthony (1820–1906)
“In a land which is fully settled, most men must accept their local environment or try to change it by political means; only the exceptionally gifted or adventurous can leave to seek his fortune elsewhere. In America, on the other hand, to move on and make a fresh start somewhere else is still the normal reaction to dissatisfaction and failure.”
—W.H. (Wystan Hugh)