Former Spanish colonies Compared by Government > Red tape > Time required to start a business > Days
DEFINITION:
Time required to start a business (days). 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 | Venezuela | 144 | 2013 | ||
| 2 | Equatorial Guinea | 135 | 2013 | ||
| 3 | Ecuador | 55.5 | 2013 | ||
| 4 | Bolivia | 49 | 2013 | ||
| 5 | Nicaragua | 36 | 2013 | ||
| =6 | Philippines | 35 | 2013 | ||
| =6 | Paraguay | 35 | 2013 | ||
| =8 | Peru | 25 | 2013 | ||
| =8 | Argentina | 25 | 2013 | ||
| 10 | Costa Rica | 24 | 2013 | ||
| 11 | Guatemala | 19.5 | 2013 | ||
| 12 | Dominican Republic | 18.5 | 2013 | ||
| 13 | El Salvador | 16.5 | 2013 | ||
| 14 | Colombia | 15 | 2013 | ||
| 15 | Honduras | 14 | 2013 | ||
| 16 | Uruguay | 6.5 | 2013 | ||
| =17 | Panama | 6 | 2013 | ||
| =17 | Mexico | 6 | 2013 | ||
| 19 | Chile | 5.5 | 2013 |