6. Results by areas
6.3. Regulatory environment
As far as the regulatory environment is concerned, the aspect speed and efficiency of commercial courts is problematic as it receives a
very low rating in comparison to the importance that investors ascribe to it, and the same is true of the bureaucratic burden on company
procedures and this slows down operations and project development. It is also worth highlighting that the ratings for these two aspects have
dropped significantly in comparison to the last financial year.
However, investors do not view the impact of the underground economy on business as problematic and this indicates that this is not an issue
in present-day Spain.
Figure 13
Regulatory environment
Speed and efficiency of commercial courts
Bureaucratic burden on running a company
Stability of regulatory framework
Development and application of competition legislation
Protection of Intellectual Property Rights
Impact of Underground Economy on your Business
Barometer of the Business Climate in Spain, 2010 results
Results by areas
21
0
1 2 3 4 5
Rating
Importance