Belarus

Ease of Doing Business in

Belarus

This page shows summary Doing Business 2012 data for Belarus. The first table lists the overall "Ease of Doing Business" rank (out of 183 economies) and the rankings by each topic. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region Eastern Europe & Central Asia
Income Category Upper middle income
Population 9,645,000
GNI Per Capita (US$) 6,030.00
Doing Business 2012 Rank Doing Business 2011 Rank Change in Rank
69 91 down 22
Topic Rankings DB 2012 Rank DB 2011 Rank Change in Rank
Starting a Business 9 7 up -2
Dealing with Construction Permits 44 45 up 1
Getting Electricity 175 174 up -1
Registering Property 4 6 up 2
Getting Credit 98 96 up -2
Protecting Investors 79 108 up 29
Paying Taxes 156 183 up 27
Trading Across Borders 152 152 No change
Enforcing Contracts 14 11 up -3
Resolving Insolvency 82 98 up 16

Economy Profile

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Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2012 Rank 9 DB 2011 Rank 7 Change in Rank down-2
Indicator Belarus Eastern Europe & Central Asia OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

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Procedures (number)
5 6 5

The total number of days required to register a firm. 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.

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Time (days)
5 16 12

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

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Cost (% of income per capita)
1.3 8.3 4.7

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

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Paid-in Min. Capital (% of income per capita)
0.0 10.0 14.1
No. Procedure Time to Complete Associated Costs
1 Obtain an approval of the company name with the Registry Office 1 day no charge
2 Open a temporary bank account 1 day no charge
3 Business registration with the State Registry 1 day BYR 175,000
4 Open a regular bank account 1 day no charge
5 Make a company seal 1 day BYR 50,000

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