Business Reforms in Timor-Leste
= Doing Business reform making it easier to do business. = Change making it more difficult to do business.
Starting a Business: Timor-Leste made starting a business easier by creating a one-stop shop.
Labor Market Regulation: Timor-Leste reduced the maximum duration of fixed-term contracts and also introduced a wage premium for night work.
Starting a Business: Timor-Leste made starting a business faster by improving the registration process.
Getting Credit: Timor-Leste improved its credit information system by establishing a public credit registry.
Enforcing Contracts: Timor-Leste increased court efficiency by training and appointing new judges and passing a new civil procedure code.
Paying Taxes: Timor-Leste made paying taxes less costly for companies by reducing the corporate income tax rate and eliminating the alternative minimum tax and the withholding tax on interest.
Starting a Business: Timor-Leste made business start-up easier and faster by eliminating the requirement for approvals by the Ministry of Land.