Montenegro moves up by 5 places to 51st overall in the Doing Business 2013 world ranking list including 185 countries, the World Bank announces in its annual report on Monday. For the period July 2011 – June 2012, 108 economies, out of the total 185 economies assessed, implemented 201 reforms mostly related to starting a business, paying taxes, and trading across borders. Ease of doing business is based on indicators that measure and benchmark regulations affecting 10 areas.
In the area of starting a business, Montenegro is ranked 58th, issuing construction permits 176th, and property registration 117th. Montenegro takes the 32nd position in protecting investors, 42nd in trading across borders and 135th position in the area of enforcing contracts.
Source Source Balkans