By Robert Tercek
Electronic know-how has upturned whole industries and irrevocably altered the best way we are living, paintings and do company. Now, it really is set to rework each region and economic climate on the earth in nearly unbelievable methods — even these as soon as considered immune from its results. In his groundbreaking new booklet Vaporized, electronic pioneer and company futurist Robert Tercek takes us contained in the world's greatest cultural and financial transformation because the commercial revolution, and explains what it potential to shoppers, employers and coverage makers. Dynamic and interesting, Tercek does for electronic enterprise idea what Malcolm Gladwell has performed for sociology, translating a posh, arcane topic in approachable and suitable phrases. unlike the digital-era doomsayers and hand-wringing pundits, Tercek deals an insightful, positive research of the long run and a realistic blueprint for survival that no enterprise chief, from the Fortune 500 CEO to the small startup proprietor, can come up with the money for to disregard.
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Additional info for Vaporized: How to Thrive in a Dematerialized World
Reforms implemented in the civil justice system of Hong Kong SAR (China) will help increase the efficiency and cost-effectiveness of commercial dispute resolution. Indonesia eased business start-up by reducing the cost for company name clearance and reservation and the time required to reserve the name and approve the deed of incorporation. Indonesia reduced its corporate income tax rate. Indonesia reduced the time to export by launching a single-window service. Lao PDR replaced the business turnover tax with a new value added tax.
Tonga simplified the payment of taxes by replacing a 2-tier system with a 25% corporate income tax rate for both domestic and foreign companies and introducing tax incentives with a broad-based capital allowance system to replace tax holidays and other tax concessions. 43 Vietnam eased company start-up by creating a one-stop shop that combines the processes for obtaining a business license and tax license and by eliminating the need for a seal for company licensing. Vietnam made dealing with construction permits easier by reducing the cost to register newly completed buildings by 50% and transferring the authority to register buildings from local authorities to the Department of National Resources and Environment.
The economy with the highest recovery rate is included as a benchmark. 0 Average Time to Close a Business (years) 39 The 5 year measure of cumulative change illustrates how the business regulatory environment has changed in 174 economies from Doing Business 2006 to Doing Business 2011. Instead of highlighting which countries currently have the most business friendly environment, this new approach shows the extent to which an economy’s regulatory environment for business has changed compared with 5 years ago.