World BankInternational Finance Corporation2017-06-082017-06-082012https://hdl.handle.net/10986/27010Doing business sheds light on how easy or difficult it is for a local entrepreneur to open and run a small to medium-size business when complying with relevant regulations. It measures and tracks changes in regulations affecting 10 areas in the life cycle of a business: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency. In a series of annual reports doing business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 183 economies, from Afghanistan to Zimbabwe, over time. This economy profile presents the doing business indicators for Micronesia, Federated States. To allow useful comparison, it also provides data for other selected economies (comparator economies) for each indicator. The data in this report are current as of June 1, 2011 (except for the paying taxes indicators, which cover the period January-December 2010).en-USCC BY 3.0 IGOACCESS TO SERVICESACCOUNTINGBANK LOANBANKRUPTCYBANKRUPTCY LAWBANKRUPTCY LAWSBORROWERBROKERSBUSINESS ENTRYBUSINESS ENVIRONMENTBUSINESS INDICATORBUSINESS INDICATORSBUSINESS REGISTRATIONBUSINESS REGULATIONBUSINESS REGULATIONSBUSINESSESBUYERBUYERSCADASTRECAPITAL GAINSCERTIFICATECERTIFICATESCOLLATERALCOLLATERAL AGREEMENTCOLLATERAL AGREEMENTSCOLLATERAL FOR LOANSCOLLATERAL LAWCOLLATERAL LAWSCOLLATERAL REGISTRYCOMMERCIAL ACTIVITIESCOMMERCIAL BUSINESSCOMMERCIAL LAWSCOMPANY LAWSCOMPETITIVENESSCOMPLIANCE COSTSCONFLICT OF INTERESTCONTRACT ENFORCEMENTCONTRACTORSCOPYRIGHTCREDIT HISTORYCREDIT INFORMATIONCREDIT INFORMATION SYSTEMCREDIT INFORMATION SYSTEMSCREDIT SOURCECREDITORSCUSTOMCUSTOMSCUSTOMS CLEARANCEDEBTDEBTORDEBTSDEFAULTSDEPOSITDERIVATIVEDEVELOPING COUNTRIESDISCLOSURE REQUIREMENTSDISTRIBUTION NETWORKDOCUMENT REQUIREMENTSDOMAINE-MAILECONOMIC ACTIVITYELECTRICITYELECTRONIC DATAELECTRONIC FILINGENFORCEMENT PROCEDURESEXPERT OPINIONEXPORTERSFINANCIAL HISTORYFINANCIAL INSTITUTIONFINANCIAL INSTITUTIONSFINANCIAL RESOURCESFINANCIAL STATEMENTSFINANCIAL TRANSACTIONSFRAUDGLOBAL MARKETSGOOD PRACTICEHOLDINGIMMOVABLE PROPERTYINCOME TAXINFORMATION SHARINGINFORMATION SYSTEMINFORMATION SYSTEMSINSPECTIONINSPECTIONSINSTALLATIONINSURANCEINTERNATIONAL BANKINTERNATIONAL COMPETITIVENESSINTERNATIONAL FINANCEINTERNATIONAL STANDARDSINVESTOR PROTECTIONINVESTOR PROTECTIONSISSUANCEJUDICIAL SYSTEMLEGAL RIGHTSLENDERLENDERSLICENSELICENSE FEELICENSESLIENSLIMITED LIABILITYLOCAL BUSINESSMACROECONOMIC CONDITIONSMANUFACTURINGMATERIALMINIMUM CAPITAL REQUIREMENTMINIMUM CAPITAL REQUIREMENTSMINORITY INVESTORSMINORITY SHAREHOLDERMINORITY SHAREHOLDER PROTECTIONSMORTGAGEMORTGAGESMOVABLE ASSETSMOVABLE COLLATERALNEW MARKETSNOTARYONE-STOP SHOPORIGINAL ASSETSOVERHEADPAYROLLPERSONAL ASSETSPOSSESSORY SECURITYPRIVATE CREDITPRIVATE CREDIT BUREAUPRIVATE CREDIT BUREAUSPRIVATE SECTORPRIVATE SECTOR CREDITPROCUREMENTPROPERTY RIGHTSPUBLIC REGISTRYPUBLIC SALEPURCHASINGQUERIESREGISTRATION FEEREGISTRIESREGISTRYREGULATORY ENVIRONMENTREGULATORY REQUIREMENTSREPAYMENTRESERVERESULTSRETURNSALESSALES AGREEMENTSEARCHSECURITIESSECURITIES REGULATIONSSECURITY INTERESTSERVICE PROVIDERSSHAREHOLDERSHAREHOLDERSSTOCK EXCHANGETAXTAX RATETAX RATESTAX RULESTAX SYSTEMTELECOMTELEPHONETELEPHONE LINETRADE CREDITORSTRADINGTRADING COSTSTRANSACTIONTRANSACTIONS SYSTEMTRANSPARENCYTURNOVERUSERSUSESVERIFICATIONWAREHOUSEWAREHOUSESDoing Business Economy Profile 2012ReportWorld BankMicronesia, Fed. Sts.10.1596/27010