The first way laws affect business in Haiti refers as the starting of the company; that is, in the creation process of the company. For starting a business in Haiti, the Haitian law requires many processes; which has significant impacts on the business environment of the country. Those laws summarize the starting process of a company in twelve (12) procedures. Those procedures last at least 105 days and cost abou...
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...e Haitian Constitution of 1987 and other regulations like the Laws on Investments etc. While the positive impacts of the laws are considerable; the negative one are noticeable as well. The laws are considered as barriers for the growth of the economy. It kills the entrepreneurial spirit of the nation. The most effective suggestions would be to free the economy, to eliminate the (bad) laws which impede the potentials of the business environment.
Corporation., T. W. (2012). Doing Business in a more transpaent world. Washington, DC: The International Bank for Reconstruction and Development.
Fundation, T. H. (2012). 2012 Index of Economic Freedom. Retrieved April 18, 2012, from heritage.com: http://www.heritage.org/index/country/haiti
Jentz, R. L. (2010). Fundamentals of Business Law: Summarized Cases. Mason,OH: South-Western, Cengage Learning.
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