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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

# 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

Citation

Eastern Europe Compared by Government > Time required to start a business > Days

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Interesting observations about Government > Time required to start a business > Days

  • Indonesia ranked first for time required to start a business > days amongst Muslim countries in 2006.
  • Haiti ranked first for time required to start a business > days amongst Christian countries in 2006.
  • Suriname ranked first for time required to start a business > days amongst Hot countries in 2006.
  • Brazil ranked first for time required to start a business > days amongst Emerging markets in 2006.
  • Botswana ranked first for time required to start a business > days amongst Former British colonies in 2006.
  • Belarus ranked first for time required to start a business > days amongst Europe in 2006.
  • Slovenia ranked first for time required to start a business > days amongst High income OECD countries in 2006.
  • Laos ranked first for time required to start a business > days amongst Landlocked countries in 2006.
  • Guinea-Bissau ranked first for time required to start a business > days amongst Sub-Saharan Africa in 2006.
  • United States ranked second last for time required to start a business > days amongst Group of 7 countries (G7) in 2006.
  • Zimbabwe ranked second for time required to start a business > days amongst Heavily indebted countries in 2006.
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