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Ease of Doing Business in

Bahrain

Bahrain Download Profile (1724KB, pdf)
Region Middle East & North Africa
Income Category High income
Population 1,377,237
GNI Per Capita (US$) 20,350
City covered Manama

190

1

DB 2017 Rank

1

100

DB 2017 DTF (% points)

  • local_library
  • group
Topics DB 2017 Rank DB 2016 Rank info_outline Change in Rank DB 2017 DTF (% points) info_outline DB 2016 DTF (% points) info_outline Change in DTF (% points) info_outline
Overall 63 66 up
3
68.44 66.38 down
2.06
Starting a Business 73 142 up
69
87.82 76.23 up
11.59
Dealing with Construction Permits 19 17 down
2
79.56 79.65 down
0.09
Getting Electricity 72 77 up
5
74.80 71.74 up
3.06
Registering Property 25 25
-
81.07 81.07
-
Getting Credit 101 109 up
8
45.00 40.00 up
5.00
Protecting Minority Investors 106 101 down
5
50.00 50.00
-
Paying Taxes 4 4
-
94.44 94.44
-
Trading across Borders 82 82
-
72.50 71.87 up
0.63
Enforcing Contracts 110 108 down
2
54.53 54.53
-
Resolving Insolvency 88 83 down
5
44.66 44.28 up
0.38

Positive= Doing Business reform making it easier to do business.Negative= Change making it more difficult to do business.

DB 2017 Rank:

88

DB 2016 Rank:

83

Change in Rank:

down5

DB 2017 DTF (% points):

44.66

DB 2016 DTF (% points):

44.28

Change in DTF (% points):

up0.38

Indicator Bahrain Middle East & North Africa OECD high income
Recovery rate (cents on the dollar) info_outline 42.3 26.0 73.0
Time (years) info_outline 2.5 3.0 1.7
Cost (% of estate) info_outline 9.5 13.8 9.1
Outcome (0 as piecemeal sale and 1 as going concern) info_outline 0 .. ..
Strength of insolvency framework index (0-16) info_outline 7 5.3 12.1
  • Indicator Explanation Answer
    Recovery rate (cents on the dollar) 42.3
    Proceeding Foreclosure is the fastest and most efficient way for BizBank to recover its money. foreclosure
    Outcome At the end of the foreclosure proceedings, the assets of the hotel will be sold piecemeal. piecemeal sale
    Time (in years) Foreclosure procedure will take up to 3 years. 2.5
    Cost (% of estate) The costs associated with the case would amount to approximately 10% of the value of the debtor's estate. Costs incurred during the insolvency process include court or government agency fees (2%), attorney fees (5%), costs of notification and publication (BHD 30), insolvency representative or receiver fees (2%), fees of accountants, assessors, inspectors and other professionals (1%). 9.5
    Answer Score
    Strength of insolvency framework index (0-16) 7.0
    Commencement of proceedings index (0-3) 2.0
    What procedures are available to a DEBTOR when commencing insolvency proceedings? (b) Debtor may file for liquidation only 0.5
    Does the insolvency framework allow a CREDITOR to file for insolvency of the debtor? (b) Yes, but a creditor may file for liquidation only 0.5
    What basis for commencement of the insolvency proceedings is allowed under the insolvency framework? (a) Debtor is generally unable to pay its debts as they mature 1.0
    Management of debtor's assets index (0-6) 4.0
    Does the insolvency framework allow the continuation of contracts supplying essential goods and services to the debtor? Yes 1.0
    Does the insolvency framework allow the rejection by the debtor of overly burdensome contracts? Yes 1.0
    Does the insolvency framework allow avoidance of preferential transactions? Yes 1.0
    Does the insolvency framework allow avoidance of undervalued transactions? Yes 1.0
    Does the insolvency framework provide for the possibility of the debtor obtaining credit after commencement of insolvency proceedings? No 0.0
    Does the insolvency framework assign priority to post-commencement credit? (c) No priority is assigned to post-commencement creditors 0.0
    Reorganization proceedings index (0-3) 0.0
    Which creditors vote on the proposed reorganization plan? N/A 0.0
    Does the insolvency framework require that dissenting creditors in reorganization receive at least as much as what they would obtain in a liquidation? No 0.0
    Are the creditors devided into classes for the purposes of voting on the reorganization plan, does each class vote separately and are creditors in the same class treated equally? No 0.0
    Creditor participation index (0-4) 1.0
    Does the insolvency framework require approval by the creditors for selection or appointment of the insolvency representative? No 0.0
    Does the insolvency framework require approval by the creditors for sale of substantial assets of the debtor? No 0.0
    Does the insolvency framework provide that a creditor has the right to request information from the insolvency representative? No 0.0
    Does the insolvency framework provide that a creditor has the right to object to decisions accepting or rejecting creditors' claims? Yes 1.0

Note: Even if the economy’s legal framework includes provisions related to insolvency proceedings (liquidation or reorganization), the economy receives 0 points for the strength of insolvency framework index, if time, cost and outcome indicators are recorded as “no practice”.