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Business Reforms in New Zealand

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

DB2018

Paying Taxes: New Zealand made paying taxes easier by improving the online portal for filing and paying general sales tax.

Enforcing Contracts: New Zealand made enforcing contracts more difficult by suspending the filing of new commercial cases before the Commercial List of the High Court of New Zealand during the establishment of a new Commercial Panel.

DB2017

Paying Taxes: New Zealand made paying taxes easier by abolishing the cheque levy. New Zealand made paying less costly by decreasing the rate of accident compensation levy paid by employers. At the same time, New Zealand made paying taxes more costly by raising property tax and road user levy rates.

DB2016

Getting Electricity: The utility in New Zealand reduced the time required for getting an electricity connection by improving its payment monitoring and confirmation process for the connection works.

DB2015

Getting Credit: New Zealand improved access to credit information by beginning to distribute both positive and negative credit information.

DB2014

Enforcing Contracts: New Zealand made enforcing contracts easier by improving its case management system to ensure a speedier and less costly adjudication of cases.

DB2013

Getting Credit: New Zealand improved access to credit information by allowing credit bureaus to collect positive information on individuals.

DB2012

Paying Taxes: New Zealand reduced its corporate income tax rate and fringe benefit tax rate.

DB2011

Enforcing Contracts: New Zealand enacted new district court rules that make the process for enforcing contracts user friendly.

DB2010

Dealing with Construction Permits: New Zealand made dealing with construction permits more costly by raising fees.

DB2009

Starting a Business: New Zealand made starting a business easier by making it possible to complete the process in one simple online registration in less than a day.

Paying Taxes: New Zealand made paying taxes less costly for companies by reducing the corporate income tax rate.

Resolving Insolvency: New Zealand introduced a reorganization procedure with the aim of providing an alternative to liquidation and receivership and maximizing a company’s chances of continuing as a going concern.