The Involvement of Third-Party Professionals in Business Registration and Property Transfer

Complex business regulations and bureaucratic processes tend to be obstacles for new entrepreneurs. To navigate these processes as smoothly as possible, entrepreneurs may solicit the services of third-party professionals. Whether in business incorp...

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Main Authors: Coste, Cyriane Marie, Delion, Marie Lily, Gonzalez, Adrian F., Meunier, Frederic, Reyes Benjumea, Nathalie, Avramov, Yuriy Valentinovich
Format: Brief
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/234271570426506708/The-Involvement-of-Third-Party-Professionals-in-Business-Registration-and-Property-Transfer
http://hdl.handle.net/10986/32516
id okr-10986-32516
recordtype oai_dc
spelling okr-10986-325162021-05-25T10:54:35Z The Involvement of Third-Party Professionals in Business Registration and Property Transfer Coste, Cyriane Marie Delion, Marie Lily Gonzalez, Adrian F. Meunier, Frederic Reyes Benjumea, Nathalie Avramov, Yuriy Valentinovich BUSINESS REGISTRATION REGULATION ENTREPRENEURSHIP BUSINESS DEVELOPMENT SERVICES PROPERTY TRANSFER TRANSPARENCY CORRUPTION FIRM ENTRY BUSINESS INCORPORATION Complex business regulations and bureaucratic processes tend to be obstacles for new entrepreneurs. To navigate these processes as smoothly as possible, entrepreneurs may solicit the services of third-party professionals. Whether in business incorporation or land transactions, third-party agents provide professional assistance and ensure that certain processes comply with the regulations in place. Depending on the economy and the specific regulatory process, these professionals can be lawyers, notaries or accountants, among others. This policy note explores the role of third-party professionals in the areas of starting a business and registering property in 168 economies and analyzes some of the differences in terms of time and costs for services provided by third-party professionals, as well as trends and reforms over time. The doing business indicator sets for these areas are used to benchmark the steps, cost, and time to incorporate a business and to transfer a property. 2019-10-09T16:55:07Z 2019-10-09T16:55:07Z 2019-10 Brief http://documents.worldbank.org/curated/en/234271570426506708/The-Involvement-of-Third-Party-Professionals-in-Business-Registration-and-Property-Transfer http://hdl.handle.net/10986/32516 English Indicators Group Research Note,no. 2; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Brief
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic BUSINESS REGISTRATION
REGULATION
ENTREPRENEURSHIP
BUSINESS DEVELOPMENT SERVICES
PROPERTY TRANSFER
TRANSPARENCY
CORRUPTION
FIRM ENTRY
BUSINESS INCORPORATION
spellingShingle BUSINESS REGISTRATION
REGULATION
ENTREPRENEURSHIP
BUSINESS DEVELOPMENT SERVICES
PROPERTY TRANSFER
TRANSPARENCY
CORRUPTION
FIRM ENTRY
BUSINESS INCORPORATION
Coste, Cyriane Marie
Delion, Marie Lily
Gonzalez, Adrian F.
Meunier, Frederic
Reyes Benjumea, Nathalie
Avramov, Yuriy Valentinovich
The Involvement of Third-Party Professionals in Business Registration and Property Transfer
relation Indicators Group Research Note,no. 2;
description Complex business regulations and bureaucratic processes tend to be obstacles for new entrepreneurs. To navigate these processes as smoothly as possible, entrepreneurs may solicit the services of third-party professionals. Whether in business incorporation or land transactions, third-party agents provide professional assistance and ensure that certain processes comply with the regulations in place. Depending on the economy and the specific regulatory process, these professionals can be lawyers, notaries or accountants, among others. This policy note explores the role of third-party professionals in the areas of starting a business and registering property in 168 economies and analyzes some of the differences in terms of time and costs for services provided by third-party professionals, as well as trends and reforms over time. The doing business indicator sets for these areas are used to benchmark the steps, cost, and time to incorporate a business and to transfer a property.
format Brief
author Coste, Cyriane Marie
Delion, Marie Lily
Gonzalez, Adrian F.
Meunier, Frederic
Reyes Benjumea, Nathalie
Avramov, Yuriy Valentinovich
author_facet Coste, Cyriane Marie
Delion, Marie Lily
Gonzalez, Adrian F.
Meunier, Frederic
Reyes Benjumea, Nathalie
Avramov, Yuriy Valentinovich
author_sort Coste, Cyriane Marie
title The Involvement of Third-Party Professionals in Business Registration and Property Transfer
title_short The Involvement of Third-Party Professionals in Business Registration and Property Transfer
title_full The Involvement of Third-Party Professionals in Business Registration and Property Transfer
title_fullStr The Involvement of Third-Party Professionals in Business Registration and Property Transfer
title_full_unstemmed The Involvement of Third-Party Professionals in Business Registration and Property Transfer
title_sort involvement of third-party professionals in business registration and property transfer
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/234271570426506708/The-Involvement-of-Third-Party-Professionals-in-Business-Registration-and-Property-Transfer
http://hdl.handle.net/10986/32516
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