| Support from international donors, international support, fundingSupport from neighboring countries such as UzbekistanAfghanistan has expanded access to credit with a new insolvency law. Secured creditors are presently given absolute priority over different cases within insolvency procedures.Afghanistan paid big attention to protections for minority investors by demanding more disclosure of transactions with stakeholders, mitigating shareholder claims by increasing access to documents and evidence during litigation, expanding shareholder rights and roles in key corporate decisions, clarifying ownership and control structures, and demanding greater corporate transparency.Adoption of new tax administration and legislation with clear rules and instructions for tax audits, and by automating the submission of tax returns the country made paying taxes easier.Launching a credit registry which improved access to credit informationAfghan country reinforced its secured transactions system by establishing a single collateral registry.Afghanistan has made it easier to obtain electricity by increasing the efficiency of the electricity department in Kabul and introducing a new connection charge schedule.Afghanistan has simplified the process of starting a business by eliminating company registration in commercial courts; the creation of a new company register that acts as a one-stop shop for company registration, tax registration and publication in the official gazette; and the introduction of fixed registration fees. |
High level of corruptionNo transparencyHigh illiteracy Conflicts among different ethnic groups Negative synergy Mismanagement of diversity Double landlocked location Low level of diversity consciousness and awarenessDiscriminationNo fair work cultureLong warsInternal disordersAdverse security conditionsLack of infrastructure Outward flow of money and peopleHigh level of the business receipts tax rateLong time required for registration |
| First-mover advantageLow level of competitionInvestments, businesses and other support activities from neighbor countriesEducational programs Fall of Taliban regimeCreation of inclusive culture Creation of fair work culture SynergyCheap labor forceRich natural resourcesIn Afghanistan, starting a business has become less costly due to lower business registration fees.Afghanistan has simplified resolution by improving the continuation of the debtor in the insolvency proceedings, introducing reorganization procedures and providing creditors with greater participation in the proceedings.Afghanistan has simplified property registration by reducing property transfer taxes.Afghanistan has improved its secured transactions system with a new law expanding the range of assets that can be used as collateral that include future assets, allowing a general description of debts and obligations in the collateral agreement and allowing out-of-court enforcement of security interests.Afghanistan has simplified exports and imports by expanding the use of various modules of the ASYCUDA World customs processing system. |
Internal disorders Terrorism High level of povertyCrime Theft Weak economic structure Poor security (you can be robbed anytime)Corruption in government structureDiscrimination |
