East Asia and Pacific Compared by Economy > Entrepreneurship > Starting a Business > Index ranking

DEFINITION: Doing Business records all generic procedures that are officially required for an entrepreneur to start up and operate an industrial or commercial business. These include obtaining all necessary licenses and permits and completing any required notifications, verifications or inscriptions with relevant authorities. After a study of laws, regulations and publicly available information on business entry, a detailed list of procedures, time, cost and paid-in minimum capital requirements is developed. Subsequently, local incorporation lawyers and government officials complete and verify the data on applicable procedures, the time and cost of complying with each procedure under normal circumstances and the paid-in minimum capital. On average 4 law firms participate in each country. Information is also collected on the sequence in which procedures are to be completed and whether procedures may be carried out simultaneously. It is assumed that any required information is readily available and that all government and nongovernment agencies involved in the start-up process function efficiently and without corruption. If answers by local experts differ, inquiries continue until the data are reconciled. NOTE: This is a ranking derived from several indicators, 1 being the best (ranked first). The higher the number on this graph, the lower their overall ranking. Invert this graph by clicking on 'Amount' at the top. Consult source for details on methodology.


1 Indonesia 144 2005
2 East Timor 141 2005
3 Cambodia 137 2005
4 China 126 2005
5 Laos 102 2005
6 South Korea 97 2005
7 Philippines 89 2005
8 Vietnam 82 2005
9 Japan 81 2005
10 Taiwan 79 2005
11 Federated States of Micronesia 75 2005
12 Samoa 71 2005
13 Kiribati 62 2005
14 Papua New Guinea 60 2005
15 Malaysia 57 2005
16 Vanuatu 56 2005
17 Fiji 53 2005
18 Mongolia 49 2005
19 Palau 39 2005
20 Solomon Islands 32 2005
21 Thailand 29 2005
22 Marshall Islands 22 2005
23 Tonga 17 2005
24 Singapore 5 2005
25 New Zealand 4 2005
26 Australia 2 2005


East Asia and Pacific Compared by Economy > Entrepreneurship > Starting a Business > Index ranking


Interesting observations about Economy > Entrepreneurship > Starting a Business > Index ranking

Follow us on Facebook to get interesting stats:

Adblocker detected! Please consider reading this notice.

We've detected that you are using AdBlock Plus or some other adblocking software which is preventing the page from fully loading.

We don't have any banner, Flash, animation, obnoxious sound, or popup ad. We do not implement these annoying types of ads!

We need money to operate the site, and almost all of it comes from our online advertising.

Please add www.nationmaster.com to your ad blocking whitelist or disable your adblocking software.