Former Spanish colonies 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 | Venezuela | 141 days | 2006 | ||
| 2 | Equatorial Guinea | 136 days | 2006 | ||
| 3 | Costa Rica | 77 days | 2006 | ||
| 4 | Paraguay | 74 days | 2006 | ||
| 5 | Dominican Republic | 73 days | 2006 | ||
| 6 | Peru | 72 days | 2006 | ||
| 7 | Ecuador | 65 days | 2006 | ||
| 8 | Bolivia | 50 days | 2006 | ||
| 9 | Philippines | 48 days | 2006 | ||
| =10 | Colombia | 44 days | 2006 | ||
| =10 | Honduras | 44 days | 2006 | ||
| 12 | Uruguay | 43 days | 2006 | ||
| 13 | Nicaragua | 39 days | 2006 | ||
| 14 | Argentina | 32 days | 2006 | ||
| 15 | Guatemala | 30 days | 2006 | ||
| =16 | Chile | 27 days | 2006 | ||
| =16 | Mexico | 27 days | 2006 | ||
| 18 | El Salvador | 26 days | 2006 | ||
| 19 | Panama | 19 days | 2006 |
