Singapore - Time required to start a business
Time required to start a business (days)
Time required to start a business (days) in Singapore was 3.00 as of 2011. Its highest value over the past 8 years was 8.00 in 2004, while its lowest value was 3.00 in 2009.
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.
Source: World Bank, Doing Business project (http://www.doingbusiness.org/).
See also:
| Year | Value |
|---|---|
| 2003 | 8.00 |
| 2004 | 8.00 |
| 2005 | 6.00 |
| 2006 | 6.00 |
| 2007 | 5.00 |
| 2008 | 4.00 |
| 2009 | 3.00 |
| 2010 | 3.00 |
| 2011 | 3.00 |
Classification
Topic: Private Sector & Trade Indicators
Sub-Topic: Business environment
