In 2019, the number of days required to start a business in Myanmar decreased by seven days (-50 percent) compared to 2018. This marks the lowest number of days required during the observed period. Time required to start a business is the number of calendar days needed to carry out the procedures to operate a business legally. The fastest procedure is chosen regardless of cost.
Find more key insights for the number of days required to start a business in countries like Cambodia and Thailand.
Time required to start a business in Myanmar from 2012 to 2019
(in days)
As per the source, the number of calendar days needed to complete all required procedures to legally operate a commercial or industrial firm are recorded by this indicator. Requirements may include obtaining necessary licenses and permits as well as completing any required.
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World Bank. (October 24, 2024). Time required to start a business in Myanmar from 2012 to 2019 (in days) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/731872/myanmar-time-required-to-start-a-business/
World Bank. "Time required to start a business in Myanmar from 2012 to 2019 (in days)." Chart. October 24, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/731872/myanmar-time-required-to-start-a-business/
World Bank. (2024). Time required to start a business in Myanmar from 2012 to 2019 (in days). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/731872/myanmar-time-required-to-start-a-business/
World Bank. "Time Required to Start a Business in Myanmar from 2012 to 2019 (in Days)." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/731872/myanmar-time-required-to-start-a-business/
World Bank, Time required to start a business in Myanmar from 2012 to 2019 (in days) Statista, https://www.statista.com/statistics/731872/myanmar-time-required-to-start-a-business/ (last visited December 22, 2024)
Time required to start a business in Myanmar from 2012 to 2019 (in days) [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/731872/myanmar-time-required-to-start-a-business/