Ukraine - Time required to start a business

Time required to start a business (days)

Time required to start a business (days) in Ukraine was 24.00 as of 2011. Its highest value over the past 8 years was 40.00 in 2003, while its lowest value was 24.00 in 2011.

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 40.00
2004 34.00
2005 34.00
2006 33.00
2007 27.00
2008 27.00
2009 27.00
2010 27.00
2011 24.00

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Business environment