EconomyEase of Doing Business Rank Starting a BusinessDealing with Construction PermitsRegistering PropertyProtecting Investors
Singapore133282
Hong Kong SAR, China251893
New Zealand311221
United States42034256
Denmark5408734
Malaysia61643354
Korea, Rep.734187552
Georgia882116
Norway953281022
United Kingdom1028276810
Australia114104068
Taiwan, China161773134
Nepal105971052480
Bangladesh130749317722
India1341791829234

Economies are ranked on their ease of doing business, from 1 – 189. A high ranking on the ease of doing business index means the regulatory environment is more conducive to the starting and operation of a local firm.

India has been ranked lower at 179 in terms of ease of starting a business in the 2014 list at a time when its government is making efforts to improve the country’s business climate.

The ranking of countries are based on various parameters including starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency.

Starting a Business-Comparison:

IndicatorIndiaSouth AsiaOECD*
Procedures for starting a business (number)1275
Time taken to start a business (days)27.016.211.1
Cost (% of income per capita)47.319.83.6
Paid-in Min. Capital (% of income per capita)124.415.810.4

*Organization for Economic Cooperation and Development (OECD)

Even after two decades of economic reforms, India continues to falter on various Ease of Doing Business sub-indices. Against the key parameter of starting a business, India is worst off among the BRIC economies. It is in 179th position, while Russia is at 88th, Brazil at 123rd and China at 158th.

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