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The Warsaw Voice » Business » December 1, 2014
Business
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Easier to Do Business in Poland: Report
December 1, 2014   
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A new World Bank Group report, Doing Business 2015: Going Beyond Efficiency, says that Poland has continued to make it easier for entrepreneurs to do business in the past year by implementing sound regulatory reforms in three areas: “getting electricity,” “registering property,” and “trading across borders.”

According to the report, Poland ranks 32nd in this year’s global ranking of 189 economies on the ease of doing business, and it is also the top ranked economy among the “new” EU member states in Central Europe.

“This year’s 32nd Doing Business ranking for Poland reflects the government’s ongoing reform efforts, which document the country’s impressive achievements in the areas of enhancing the quality of the business climate and accelerating post-crisis economic growth. Poland has been one of the Central European leaders in implementing regulatory reforms over the past years,” said Marina Wes, World Bank Country Manager for Poland and the Baltic Countries.

In particular, Poland made electricity supplies less costly by revising the fee structure for new connections. It also made transferring property easier by introducing online procedures and reducing notary fees. Finally, Poland made trading across borders easier by implementing a new terminal operating system in the port at Gdańsk.

Marcin Pi±tkowski, a senior economist with the World Bank, said, “We stand ready to support the government in further enhancing the regulatory environment for doing business, especially in starting a firm, dealing with construction permits, and paying taxes. We also look forward to publishing Poland’s first Subnational Doing Business ranking in 2015, which will assess the quality of the business environment in 18 cities across the country.”

The annual World Bank Group Doing Business report analyzes regulations that apply to an economy’s businesses during their life cycle, including start-up and operations, trading across borders, paying taxes, and resolving insolvency. The ease of doing business ranking uses a measure that shows how close each economy is to global best practices in business regulation. A higher score indicates a more efficient business environment and stronger legal institutions.

The Doing Business 2015 report finds that Singapore tops the global ranking in terms of the ease of doing business. Joining it on the list of the top 10 economies with the most business-friendly regulatory environments are New Zealand; the Hong Kong Special Administrative Region (SAR), China; Denmark; South Korea; Norway; the United States; Britain; Finland; and Australia.
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