El Salvador joined the 10 top improvers for Doing Business

By Portal & Asociados

El Salvador joined the 10 top improvers for Doing Business
For the first time El Salvador, India, Malawi, Nigeria and Thailand joined the 10 top improvers of Doing Business, the World Bank Group flagship publication.

"With four reforms—captured in the indicators for dealing with construction permits, getting electricity, paying taxes and trading across borders—El Salvador is the only economy in Latin America and the Caribbean on this year’s list of 10 top improvers", states the 2018 report, the 15th in a series of annual reports measuring the regulations that enhance business activity and those that constrain it.

Doing Business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 190 economies and over time. It measures regulations affecting areas of the life of a business: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency.

The 2018 ranking is lead by New Zealand, Singapore, Denmark, Korea Republic and Hong Kong SAR, China. El Salvador climbed from 95º to 73º after improving in construction permits, getting electricity, paying taxes and trading across borders. These are the main findings from the World Bank:

"The municipal authorities in San Salvador introduced legislation requiring phased inspections during construction as well as experience requirements for professionals in charge of inspections. Furthermore, an online system was implemented for the payment of preliminary construction fees"

"El Salvador improved the reliability of electricity by introducing new software programs allowing better outage man- agement and maintenance planning".

"El Salvador mandated all business taxpayers to file their annual income tax return through one of the available electronic methods (DET software or online processing). The general online tax processing and payment system was also consolidated".

"El Salvador made exporting and importing easier by increasing the number of customs officers at the Anguiatú land border". 
Eproint

Whether your company is big or small, at Eproint you are our priority and we can take care of everything regarding legal processes to create and protect your brands, and provide you with an Intellectual Property strategy to achieve your goals.

In El Salvador, Practice Head Edy Guadalupe Portal is a partner at Eproint and has more than 25 years of experience in Intellectual Property. Since 1995, she has been recognized as the Salvadoran voice of Intellectual Property protection for always informing the IP community about changes to IP law and international treaties.

During her career, Mrs. Portal has helped numerous international law firms and in-house counsel with all facets of their IP matters in El Salvador and Central America. Her extensive practice includes work in trademarks, patents, industrial designs, utility models, copyrights, unfair competition, foreign investment, regulatory law/health registrations, licensing, franchising, appellations of origin, geographical indications, IP litigation, fashion law, new technologies, data privacy, cybersecurity, domain names, entertainment law, advertisement law, trade secrets, valuation of intangibles, and IP due diligence. She is also recognized for the great anti-piracy and anti-counterfeiting results she has delivered for her clients. She also helps coordinate Latin America Intellectual Property Protection for the firm.

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