FACTOID # 1: Got a parking ticket in Finland? Better just pay up - it is the least corrupt nation in the world.
 
 Home   Encyclopedia   Statistics   Countries A-Z   Flags   Maps   Education   Forum   FAQ   About 
 
 
 
TOP STATS
Which countries have the most:
More Top Stats »
WHAT'S NEW
RECENT UPDATES
More Recent Updates »
 

SEARCH ALL

FACTS & STATISTICS    Advanced view

Search encyclopedia, statistics and forums:

 

 

(* = Graphable)

 

 


Government Statistics > Time required to start a business > days (2003) by country

Share
VIEW DATA:   Totals  
Definition     Source      Printable version   
    Bar Graph   Map  

Showing values for 2003. Select another time period:
Rank   Countries  Amount  Date  
# 1     Haiti: 203 days   2003 Time series
# 2     Laos: 198 days   2003 Time series
# 3     Congo, Democratic Republic of the: 188 days   2003 Time series
# 4     Indonesia: 168 days   2003 Time series
# 5     Mozambique: 153 days   2003 Time series
# 6     Brazil: 152 days   2003 Time series
# 7     Venezuela: 141 days   2003 Time series
# 8     Angola: 124 days   2003 Time series
# 9     El Salvador: 115 days   2003 Time series
# 10     Spain: 114 days   2003 Time series
# 11     Botswana: 108 days   2003 Time series
# 12     Azerbaijan: 106 days   2003 Time series
# 13     Slovakia: 103 days   2003 Time series
# 14     Peru: 98 days   2003 Time series
# 15     Zimbabwe: 96 days   2003 Time series
# 16     Cambodia: 94 days   2003 Time series
# 17     Ecuador: 92 days   2003 Time series
# 18     Lesotho: 92 days   2003 Time series
# 19     India: 89 days   2003 Time series
# 20     Ghana: 85 days   2003 Time series
# 21     Namibia: 85 days   2003 Time series
# 22     Mauritania: 82 days   2003 Time series
# 23     Jordan: 81 days   2003 Time series
# 24     Belarus: 79 days   2003 Time series
# 25     Dominican Republic: 78 days   2003 Time series
# 26     Portugal: 78 days   2003 Time series
# 27     Costa Rica: 77 days   2003 Time series
# 28     Chad: 75 days   2003 Time series
# 29     Paraguay: 74 days   2003 Time series
# 30     Yemen: 72 days   2003 Time series
# 31     Congo, Republic of the: 71 days   2003 Time series
# 32     Saudi Arabia: 71 days   2003 Time series
# 33     Argentina: 68 days   2003 Time series
# 34     Madagascar: 67 days   2003 Time series
# 35     Vietnam: 63 days   2003 Time series
# 36     United Arab Emirates: 63 days   2003 Time series
# 37     Côte d'Ivoire: 62 days   2003 Time series
# 38     Honduras: 62 days   2003 Time series
# 39     Colombia: 60 days   2003 Time series
# 40     Kenya: 60 days   2003 Time series
# 41     Bolivia: 60 days   2003 Time series
# 42     Slovenia: 60 days   2003 Time series
# 43     Bosnia and Herzegovina: 59 days   2003 Time series
# 44     Sri Lanka: 58 days   2003 Time series
# 45     Mexico: 58 days   2003 Time series
# 46     Senegal: 58 days   2003 Time series
# 47     Belgium: 56 days   2003 Time series
# 48     Papua New Guinea: 56 days   2003 Time series
# 49     Togo: 53 days   2003 Time series
# 50     Hungary: 52 days   2003 Time series
# 51     Serbia and Montenegro: 51 days   2003 Time series
# 52     Philippines: 50 days   2003 Time series
# 53     Croatia: 49 days   2003 Time series
# 54     Guinea: 49 days   2003 Time series
# 55     China: 48 days   2003 Time series
# 56     Iran: 48 days   2003 Time series
# 57     Macedonia, Republic of: 48 days   2003 Time series
# 58     Nicaragua: 48 days   2003 Time series
# 59     Lebanon: 46 days   2003 Time series
# 60     Uruguay: 45 days   2003 Time series
# 61     Burkina Faso: 45 days   2003 Time series
# 62     Germany: 45 days   2003 Time series
# 63     Ethiopia: 44 days   2003 Time series
# 64     Nigeria: 44 days   2003 Time series
# 65     Syria: 43 days   2003 Time series
# 66     Burundi: 43 days   2003 Time series
# 67     Malawi: 43 days   2003 Time series
# 68     Moldova: 42 days   2003 Time series
# 69     Mali: 42 days   2003 Time series
# 70     Russia: 42 days   2003 Time series
# 71     France: 42 days   2003 Time series
# 72     Albania: 41 days   2003 Time series
# 73     Czech Republic: 40 days   2003 Time series
# 74     Ukraine: 40 days   2003 Time series
# 75     Guatemala: 39 days   2003 Time series
# 76     Turkey: 38 days   2003 Time series
# 77     South Africa: 38 days   2003 Time series
# 78     Greece: 38 days   2003 Time series
# 79     Cameroon: 37 days   2003 Time series
# 80     Bangladesh: 37 days   2003 Time series
# 81     Egypt: 37 days   2003 Time series
# 82     Uganda: 36 days   2003 Time series
# 83     Morocco: 36 days   2003 Time series
# 84     Kuwait: 35 days   2003 Time series
# 85     Niger: 35 days   2003 Time series
# 86     Zambia: 35 days   2003 Time series
# 87     Oman: 34 days   2003 Time series
# 88     Israel: 34 days   2003 Time series
# 89     Thailand: 33 days   2003 Time series
# 90     Benin: 32 days   2003 Time series
# 91     Bulgaria: 32 days   2003 Time series
# 92     Mongolia: 31 days   2003 Time series
# 93     Poland: 31 days   2003 Time series
# 94     Jamaica: 31 days   2003 Time series
# 95     Nepal: 31 days   2003 Time series
# 96     Tanzania: 31 days   2003 Time series
# 97     Finland: 31 days   2003 Time series
# 98     Japan: 31 days   2003 Time series
# 99     Malaysia: 30 days   2003 Time series
# 100     Romania: 29 days   2003 Time series
# 101     Uzbekistan: 29 days   2003 Time series
# 102     Austria: 29 days   2003 Time series
# 103     Chile: 27 days   2003 Time series
# 104     Lithuania: 26 days   2003 Time series
# 105     Sierra Leone: 26 days   2003 Time series
# 106     Georgia: 25 days   2003 Time series
# 107     Armenia: 25 days   2003 Time series
# 108     Kazakhstan: 25 days   2003 Time series
# 109     Ireland: 24 days   2003 Time series
# 110     Algeria: 24 days   2003 Time series
# 111     Pakistan: 24 days   2003 Time series
# 112     Italy: 23 days   2003 Time series
# 113     Norway: 23 days   2003 Time series
# 114     Korea, South: 22 days   2003 Time series
# 115     Kyrgyzstan: 21 days   2003 Time series
# 116     Switzerland: 20 days   2003 Time series
# 117     Panama: 19 days   2003 Time series
# 118     United Kingdom: 18 days   2003 Time series
# 119     Rwanda: 18 days   2003 Time series
# 120     Sweden: 16 days   2003 Time series
# 121     Latvia: 16 days   2003 Time series
# 122     Central African Republic: 14 days   2003 Time series
# 123     New Zealand: 12 days   2003 Time series
# 124     Netherlands: 11 days   2003 Time series
# 125     Hong Kong: 11 days   2003 Time series
# 126     Tunisia: 11 days   2003 Time series
# 127     Singapore: 8 days   2003 Time series
# 128     Puerto Rico: 7 days   2003 Time series
# 129     Denmark: 6 days   2003 Time series
# 130     United States: 5 days   2003 Time series
# 131     Canada: 3 days   2003 Time series
# 132     Australia: 2 days   2003 Time series
Weighted average: 53.4 days  


DEFINITION: Time required to start a business is the number of calendar days needed to complete the procedures to legally operate a business. If a procedure can be speeded up at additional cost, the fastest procedure, independent of cost, is chosen.

SOURCE: World Development Indicators database

See also

See this stat for year: 2006 2005 2004 2003

Related links:
   

Compare countries:

Country 1:
Country 2:
Category:

CITATION

"Time required to start a business > days (2003) by country", World Development Indicators database. Retrieved from http://www.NationMaster.com/graph/gov_tim_req_to_sta_a_bus_day-time-required-start-business-days&date=2003

Change citation style: APA MLA MHRA CSE AMA Chicago Bluebook Bluebook/JOLT
TOP GOVERNMENT STATS
 

COMMENTARY     

Roger Conklin
8th November 2010 		These statistics are important but if your are a US citizen contemplating opening a business in a foreign country you will find that the most significant barrier is not the number of days it takes to fulfill the requirements for doing so in that country, but the barriers erected by the US tax legislation. Under the controlled foreign corporation provisions of the US tax code you must, in addition to complying with foreign law to establish and maintain your acounting records in local currency, you must also establish a parallel accounting system in US dollars by converting local currency values to dollars and constantly correcting this conversion as exchange rates vary. And also you must not only pay income taxes to the foreign country you must also pay income tax in US dollars to the IRS. Almost always the tax laws in foreign countries are so vastly different from US law that, with the currently depreciating value of the US dollar, you will discover, for example, that although the local currency books might show a loss, the US dollar books may well show a profit on which you are subject to US tax.

For the individual US entrepreneur who is contemplating moving abroad, for example, for the purpose of setting up a company to sell US exports in that country, you will discover that th massive additional accounting cost plus the double taxation imposed by the US in reality makes it extremely difficult, if not impossible, for the US citizen to establish and operate a business abroad. No other country in the world imposes this double taxation on its citizens who leave their home country to go abroad to sell home-country exports. This is the prime reason why the US is the only developed industrialized nation in the world with a massive foreign trade deficit. This barrier, erected by our own Congress, is much more of a barrier to US exports than those erected by foreign countries. If there was ever a wall that needs to be torn down to create American jobs manufacturing for export, this is it.
Diego Remus
3rd June 2010 		For almost one year, there is a new law here in Brazil that allows you to instantly (I mean, with a click) start your own business in the "Individual Entrepreneur" category. It's a very simplified solution to formalize millions of people who do some economic activity but don't have Labor Law or conditions to open a small or micro business.

http://www.portaldoempreendedor.gov.br

Share your thoughts, questions and commentary here
Your name
Your comments

Want to know more?
Search encyclopedia, statistics and forums:
 


Lesson Plans | Student Area | Student FAQ | Reviews | Press Releases |  Feeds | Contact
© Copyright NationMaster.com 2003-2013. All Rights Reserved. Usage implies agreement with terms, 1022, m