Trading across borders: Documents to import (number) (DB06-15 methodology)
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The number of documents to import records the number of documents required by law or common practice by relevant agencies per import shipment. All documents required by law or common practice by relevant agencies—including government ministries, customs authorities, port authorities and other control agencies—per import shipment are taken into account. For landlocked economies, documents required by authorities in the transit economy are also included. Since payment is by letter of credit, all documents required by banks for the issuance or securing of a letter of credit are also taken into account. Documents that are requested at the time of clearance but that are valid for a year or longer or do not require renewal per shipment (for example, an annual tax clearance certificate) are not included. Documents that are required by customs authorities purely for purposes of preferential treatment but are not required for any other purpose by any of the authorities in the process of trading are not included. The component indicator is computed based on the methodology in the DB06-15 studies.