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Starting A Business Indicator – What it measures, Why it matters, What are the results, and good practices?

The Starting a Business indicator measures the number of procedures, time, cost and paid-in minimum capital requirement for a small- to medium-size limited liability company to start up and formally operate in each economy’s largest business city. To make the data comparable across 190 economies, Doing Business uses a standardized business that is 100% domestically owned, has a start-up capital equivalent to 10 times the income per capita, engages in general industrial or commercial activities and employs between 10 and 50 people one month after the commencement of operations, all of whom are domestic nationals. The starting a business indicators consider two cases of local limited liability companies that are identical in all aspects, except that one company is owned by five married women and the other by five married men. The overall score for starting a business is the average of the scores obtained for each of the component indicators. The most recent round of data collection for the project was completed in May 2018.

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About the Presenters

Frederic Meunier

Frederic Meunier joined the Doing Business team in December 2009. He currently leads the Starting a Business indicator and was previously in charge of the Registering Property indicator. He also leads the Entrepreneurship database project–which measures trends in entrepreneurship around the world. He obtained a degree in economics from Sciences Po and studied at Georgetown University. He holds a Master's degree in economics from the College of Europe (Belgium) and a Master's degree in international business from ESSEC business school (France). Prior to joining the team, Mr. Meunier worked at Société Générale Corporate & Investment Banking, where he focused on project finance and public private partnerships. He speaks French and is conversant in German and Spanish. He is currently based in Santiago, Chile.

Questions Submitted

Amol

Submitted 7:27 am, January 14, 2019

A well presented document with lot of research and evidence. The initiative is good for young entrepreneurs. Good luck !!

Ki

Submitted 4:47 am, January 12, 2019

Great!

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