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The Business Location topic measures three different options purchasing, leasing, and building that are available to entrepreneurs to choose the adequate location to set up their company, across three different dimensions, here referred to as pillars. The first pillar assesses the quality of regulations pertaining to property transfer, building, and environmental permitting, covering de jure features of a regulatory framework that are necessary for immovable property lease, property ownership, urban planning, and environmental licenses. The second pillar assesses the quality of public services and transparency of information in the provision of property transfer, building, and environmental permitting. The third pillar measures the operational efficiency of establishing a business location in practice. The interaction between these three pillars ensures a comprehensive evaluation of business location, balancing regulatory quality, service transparency, and operational efficiency to create an optimal environment for business establishment. The three pillars consider both the firm's flexibility and the broader social benefits. They ensure a more balanced approach accounting for private sector needs while safeguarding public interests, such as environmental sustainability and public safety. Each pillar is divided into categories—defined by common features that inform the grouping into a particular category—and each category is further divided into subcategories. Each subcategory has several indicators, each of which may, in turn, have several components. Relevant points are assigned to each indicator and subsequently aggregated to obtain the number of points for each subcategory, category, and pillar.
PROPERTY TRANSFER AND LAND ADMINISTRATION
Property Transfer Standards; Land Dispute Mechanisms; Land Administration System
BUILDING, ZONING AND LAND USE
Building Standards; Building Energy Standards; Zoning and Land Use Regulations
RESTRICTIONS ON OWNING AND LEASING PROPERTY
Domestic Firms – Ownership; Domestic Firms – Leasehold; Foreign Firms – Ownership; Foreign Firms – Leasehold
ENVIRONMENTAL PERMITS
Environmental Permits for Construction; Dispute Mechanisms for Construction-Related Environmental Permits;
AVAILABILITY AND RELIABILITY OF DIGITAL SERVICES
Property Transfer – Digital Public Services; Property Transfer – Digital Land Management and Identification System; Property Transfer – Coverage of the Land Registry and Mapping Agency; Building Permits – Digital Public Services; Environmental Permits – Digital Public Services;
INTEROPERABILITY OF SERVICES
Interoperability of Services for Property Transfer; Interoperability of Services for Building Permits
TRANSPARENCY OF INFORMATION
Immovable Property (includes gender); Building, Zoning and Land Use; Environmental Permits
PROPERTY TRANSFER AND LAND ADMINISTRATION
Major Constraints on Access to Land; Time to Obtain a Property Transfer; Cost to Obtain a Property Transfer
CONSTRUCTION & ENVIRONMENTAL PERMITS
Time to Obtain Construction-Related Permits; Time to Obtain a Building Permit; Cost to Obtain a Building Permit; Time to Obtain an Environmental Permit; Cost to Obtain an Environmental Permit
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