360° Coverage : Russia Singled Out for Praise in Latest World Bank Doing...

1 Updates

Russia Singled Out for Praise in Latest World Bank Doing Business Report

Nov 20 2013, 8:10am CST | by PR.com

Igor Fedorov, managing director of Russell Bedford firm Mikhailov & Partners, comments on World Bank Doing Business report.

London, United Kingdom, November 20, 2013 --(PR.com)-- The 2014 edition of the World Bank Doing Business report has cited Russia as one "among the most improved" economies over the past year....

Filed under: news

YouTube Videos

 
 
 

40 weeks ago

Russia Singled Out for Praise in Latest World Bank Doing Business Report

Nov 20 2013, 8:10am CST | by PR.com

Igor Fedorov, managing director of Russell Bedford firm Mikhailov & Partners, comments on World Bank Doing Business report.

London, United Kingdom, November 20, 2013 --(PR.com)-- The 2014 edition of the World Bank Doing Business report has cited Russia as one "among the most improved" economies over the past year.

With the report now in its 11th year, Doing Business 2014: Understanding Regulations for Small and Medium-Size Enterprises analyses the impact of regulations throughout the business lifecycle across 189 jurisdictions, ranking economies on the basis of 10 indicators including ease of starting a business, and paying taxes. Russell Bedford member firms have contributed to each of the report’s Paying Taxes survey since 2009, contributing data on tax regulation, recent reforms, and the real costs of tax compliance worldwide.

While still some way from the Putin-imposed target of reaching the top 20 by 2018, Russia is, nonetheless, up a massive 19 places and now well inside the top 100 best global business environments, at 88th. The country also shows consistent improvements across the board, improving its rankings for dealing with construction permits, cross-border trade, and ease of paying taxes. It has also shown spectacular improvement in property registration (up 29 places to 17th) suggesting it is now easier to register property in Russia than in France, Germany, Ireland, the UK and the United States.

Igor Fedorov, managing director of Russell Bedford member firm Mikhailov & Partners commented: "This year's Doing Business report testifies to the continued improvements in Russia's regulatory environment undertaken over the past decade. While there are clearly no grounds for complacency, it is gratifying to see the country take its rightful place among some of the world's leading economies, and we are delighted to continue to assist the World Bank in compiling the report."

Notes for Editors

For more information about the World Bank's Doing Business reports, please visit www.doingbusiness.org

About Russell Bedford International

Established in 1983, Russell Bedford International is a global network of independent firms of accountants, auditors, tax advisers and business consultants. Ranked amongst the world’s leading accounting and audit networks, Russell Bedford is represented by some 460 partners, 5000 staff and 280 offices in more than 90 countries in Europe, the Americas, the Middle East, Africa and Asia-Pacific. Russell Bedford International is a member of the IFAC Forum of Firms and a member of EGIAN, the European Group of International Accounting Networks and Associations.

Contacts:

Kempton Bedell-Harper
Russell Bedford International
T: +44 20 7410 0339
E: info@russellbedford.com
W: www.russellbedford.com

Igor Fedorov
Mikhailov & Partners
T: +7 495 945 4463 / 4464
E: fedorov@mnp.ru / projects@mnp.ru
W: www.mnp.ru

Contact Information:
Russell Bedford International
Kempton Bedell-Harper
+44 20 7410 0339
Contact via Email
www.russellbedford.com

Read the full story here: http://www.pr.com/press-release/528409

Press Release Distributed by PR.com

Source: PR.com

 

Don't miss ...

 

blog comments powered by Disqus

Latest stories

US CDC calls for global response against Ebola
Washington, Sep 3 (IANS/EFE) The head of US Centers for Disease Control and Prevention (CDC) Tuesday warned of the risk that the Ebola outbreak could get out of control without a greater worldwide response.
 
 
US doctor tests positive for Ebola in Liberia
Washington, Sep 3 (IANS) An American missionary doctor working in Liberia has tested positive for the Ebola virus, his organisation SIM USA announced Tuesday.
 
 
IS video shows beheading of second US journalist
Washington, Sep 2 (IANS) Days after the beheading of American photojournalist James Foley, Sunni militant group Islamic State (IS) has posted a video showing the beheading of another kidnapped American journalist Steven Sotloff, CNN reported.
 
 
IS beheads second US journalist
Washington, Sep 2 (IANS) The Islamic State militant organisation has posted a video titled "A second message to America", showing the beheading of American journalist Steven Sotloff, CNN reported.
 
 
 

Latest from the Network

US warplanes drop leaflets on Iraqi city
Baghdad, Sep 3 (IANS/EFE) US warplanes Tuesday dropped thousands of leaflets on the northern Iraqi city of Mosul, urging residents to keep clear of places occupied by the Islamic State (IS) extremist group that overran...
Read more on Politics Balla
 
US CDC calls for global response against Ebola
Washington, Sep 3 (IANS/EFE) The head of US Centers for Disease Control and Prevention (CDC) Tuesday warned of the risk that the Ebola outbreak could get out of control without a greater worldwide response. "This is...
Read more on Business Balla
 
Don't have a perfect body: Charlize Theron
Los Angeles, Sep 3 (IANS) Actress Charlize Theron says she doesn't have an ideal figure, but is happy with the way her body looks. The actress features on the cover of Modern Luxury's September 2014 issue and looks...
Read more on Celebrity Balla
 
Kate Hudson is 'basically married'
Kate Hudson says she and Matthew Bellamy are ''basically married.'' The 35-year-old actress, who has son Bingham, three, with the Muse frontman, 36, admits they're in no rush to plan to a wedding and she rarely wears...
Read more on Celebrity Balla
 
Cee Lo Green's reality show is axed
Cee Lo Green's reality TV series has been axed. TBS announced on Tuesday (09.02.14) that the 'Forget You' hitmaker's show, 'The Good Life,' which focused on his attempts to juggle his careers as a producer, recording...
Read more on Celebrity Balla
 
Chris Martin spends weekend with Gwyneth Paltrow
Chris Martin and Gwyneth Paltrow spent the weekend together in the Hamptons. The former couple, who announced they were ''consciously uncoupling'' in late March after 10 years of marriage, reunited at their home in the...
Read more on Celebrity Balla
 
Mali mine blast kills four UN peacekeepers
Bamako, Sep 3 (IANS) Four United Nations peacekeepers were killed and 15 others injured after their vehicle hit a landmine in Mali Tuesday, security sources said. The UN vehicle was hit by a landmine when the...
Read more on Politics Balla
 
Kate, Cara new faces of Burberry's latest fragrance
London, Sep 3 (IANS) Supermodels Kate Moss and Cara Delevingne have been roped in as the new faces of Burberry's latest fragrance. The models are pictured in the campaign for the label's latest scent My Burberry, shot...
Read more on Celebrity Balla
 
Former Israeli PM on trial again for corruption
Jerusalem, Sep 3 (IANS) Israel's former Prime Minister Ehud Olmert appeared before a Jerusalem court Tuesday after the state prosecution reopened a corruption case against him. Olmert was acquitted in what came to be...
Read more on Politics Balla
 
11 killed in Argentina van accident
Buenos Aires, Sep 3 (IANS/EFE) At least 11 people were killed Tuesday when a van carrying teachers collided with a truck in Argentina, police said. The accident occurred about 7.45 a.m. near El Simbol, 1,000 km north...
Read more on Politics Balla