Eastern Europe Compared by Government > Time required to start a business > 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.
CONTENTS
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| # | COUNTRY | AMOUNT | DATE | GRAPH | HISTORY |
|---|---|---|---|---|---|
| 1 | Belarus | 69 days | 2006 | ||
| 2 | Slovenia | 60 days | 2006 | ||
| 3 | Bosnia and Herzegovina | 54 days | 2006 | ||
| 4 | Azerbaijan | 53 days | 2006 | ||
| 5 | Serbia and Montenegro | 51 days | 2004 | ||
| 6 | Croatia | 45 days | 2006 | ||
| 7 | Albania | 39 days | 2006 | ||
| 8 | Hungary | 38 days | 2006 | ||
| 9 | Ukraine | 33 days | 2006 | ||
| 10 | Bulgaria | 32 days | 2006 | ||
| 11 | Poland | 31 days | 2006 | ||
| 12 | Moldova | 30 days | 2006 | ||
| 13 | Russia | 28 days | 2006 | ||
| 14 | Slovakia | 25 days | 2006 | ||
| =15 | Armenia | 24 days | 2006 | ||
| =15 | Czech Republic | 24 days | 2006 | ||
| 17 | Georgia | 16 days | 2006 | ||
| 18 | Romania | 11 days | 2006 |
