8 April, 2014
Legal News & Analysis – Asia Pacific
Ease Of Starting A Business In ASEAN (World Ranking)1
| Singapore | 03 |
| Malaysia | 16 |
| Lao PDR | 85 |
| Thailand | 91 |
| Vietnam | 109 |
| Brunei | 137 |
| Philippines | 170 |
| Indonesia | 175 |
| Cambodia | 184 |
| Myanmar | 189 |
Time Required To Register An Enterprise (In Calendar Days)2
| Singapore | 2.5 Days |
| Malaysia | 6 Days |
| Thailand | 27.5 Days |
| Vietnam | 34 Days |
| Philippines | 35 Days |
| Indonesia | 48 Days |
| Myanmar | 72 Days |
| Lao PDR | 92 Days |
| Brunei | 101 Days |
| Cambodia | 104 Days |
Source: Doing Business 2014 – Starting a Business Ranking, (The Doing Business Project, © 2014 The World Bank) http://wwwdoingbusiness.org/data/expIoretopics/starting-a-business (last accessed: 11 March 2014)
Notes:
(1) The Starting a Business indicator records all procedures, time, cost and paid-in minimum capital that are officially required for an entrepreneur to start up and formally operate an industrial or commercial business. These include obtaining all necessary licenses and permits and completing any required notifications, verifications or inscriptions for the company and employees with relevant authorities.
(2) The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments. A procedure is considered completed once the company has received the final incorporation document, such as the company registration certificate or tax number.
For further information, please contact:
Sok Siphana, Partner, ZICOlaw
[email protected]
Hanim Hamzah, Partner, ZICOlaw
[email protected]
Lim Kar Han, Partner, ZICOlaw
[email protected]
Win Naing, Partner, ZICOlaw
[email protected]
Robert Liew, Partner, ZICOlaw
[email protected]
Ruengrit Pooprasert, Partner, ZICOlaw
[email protected]
David Lim, Partner, ZICOlaw
[email protected]
Viengsavanh Phanthaly, ZICOlaw
[email protected]