Monday, April 22, 2019
Busniess form application Essay Example | Topics and Well Written Essays - 2000 words
Busniess form application - Essay Example law of contract and company law and business closure among others. Kuwait in these respects ranks fairly come up with its neighbors Bahrain, Saudi Arabia, Qatar among others where it is ranked 61 (The World situate 2010).Having given this background if offered a chance to talk the leader of my country, I would ask him what the government is doing to enhance the ease of doing business in the country and much so in the area of investment both by local as well as foreign investors. The basic reason of asking this question is that the world is becoming more and more of a global business community. For countries which wish to be best positioned to doing business and increasing investment activity, creating a palmy environment of doing business is a necessity rather than a choice. Kuwait although well ranked as compared to its Arab world neighbors it has a long guidance to go as countries like Singapore are way ahead of it and yet it is one o f the top 10 richest countries in the world considering the GDP statistics (The World Bank 2010). I may wish to know what the government is doing in respect to the various reference points mentioned preceding(prenominal) that are used to come up with the global rank on the ease of doing business.The first expose lies with the number of procedures that one undertakes as an investor to start a business venture. In total the procedures are 13 which is relatively a long process than on average takes a month and 5 eld (The World Bank 2010). This aspect makes investors chose to invest elsewhere so as to save on prison term and expenses associated with the long wait. My suggestion on this is to consolidate these procedures and their documentation as well as doing away with others solely together. The other area is that of delays in construction permits which in overall takes over 100 days mend registrations of actual properties takes 55 days at minimum. Taxation is
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