Former Spanish colonies Compared by Government > Red tape > Time required to start a business > Days per million
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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. Figures expressed per million population for the same year.
CONTENTS
| # | COUNTRY | AMOUNT | DATE | GRAPH | HISTORY |
|---|---|---|---|---|---|
| 1 | Equatorial Guinea | 183.35 | 2012 | ||
| 2 | Costa Rica | 12.38 | 2012 | ||
| 3 | Nicaragua | 6.51 | 2012 | ||
| 4 | Paraguay | 5.23 | 2012 | ||
| 5 | Venezuela | 4.81 | 2012 | ||
| 6 | Bolivia | 4.67 | 2012 | ||
| 7 | Ecuador | 3.58 | 2012 | ||
| 8 | Guatemala | 2.65 | 2012 | ||
| 9 | El Salvador | 2.62 | 2012 | ||
| 10 | Uruguay | 1.91 | 2012 | ||
| 11 | Panama | 1.84 | 2012 | ||
| 12 | Dominican Republic | 1.8 | 2012 | ||
| 13 | Honduras | 1.76 | 2012 | ||
| 14 | Peru | 0.834 | 2012 | ||
| 15 | Argentina | 0.608 | 2012 | ||
| 16 | Chile | 0.429 | 2012 | ||
| 17 | Philippines | 0.372 | 2012 | ||
| 18 | Colombia | 0.314 | 2012 | ||
| 19 | Mexico | 0.0496 | 2012 |