The objective of this paper is to study the importance of administrative barriers in a set of 32 developing countries. The important contribution of this paper is that it provides a new database on the number of procedures, the delays and costs that investors have to face when they want to establish and operate a business.
The attractiveness of a country to foreign investors and the feasibility of individual investment projects is closely linked to a country’s policy environment. However, this dependence does not only refer to the overarching legal framework or the general policy prescriptions. Equally, if not more important is the practical administrative implementation of these policies.
This report looks in detail at the procedures an investor would have to do in order to establish and operate a business legally in Croatia today. The investigation breaks the investment process into four generic areas: entry procedures (immigration procedures, work permits, and related procedures); business establishment (company registration and various licensing procedures); locating procedures (land acquisition, land registration and construction); and operating procedures (paying taxes, customs procedures, labor regulations and government inspections).

This study of administrative barriers to investment focuses on the day-to-day experiences of businesses. The study analyzes all the procedures that an average investor (foreign or domestic) must follow in order to start a new investment, as well as routine interactions between businesses and government agencies during normal business operations. The report documents the steps that must be followed, how long they take, and how much they cost. These procedures are compared across the five regions participating in the study, and also across other transition and emerging market economies.

This study of administrative barriers to investment focuses on the day-to-day experiences of businesses. The study analyzes all the procedures that an average investor (foreign or domestic) must follow in order to start a new investment, as well as routine interactions between businesses and government agencies during normal business operations. The report documents the steps that must be followed, how long they take, and how much they cost. These procedures are compared across the five regions participating in the study, and also across other transition and emerging market economies.

This study of administrative barriers to investment focuses on the day-to-day experiences of businesses. The study analyzes all the procedures that an average investor (foreign or domestic) must follow in order to start a new investment, as well as routine interactions between businesses and government agencies during normal business operations. The report documents the steps that must be followed, how long they take, and how much they cost. These procedures are compared across the five regions participating in the study, and also across other transition and emerging market economies.