Kyrgyz Republic

Ease of Doing Business in

Kyrgyz Republic

This page shows summary Doing Business 2012 data for the Kyrgyz Republic. 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 Low income
Population 5,365,167
GNI Per Capita (US$) 880.00
Doing Business 2012 Rank Doing Business 2011 Rank Change in Rank
70 67 down -3
Topic Rankings DB 2012 Rank DB 2011 Rank Change in Rank
Starting a Business 17 13 up -4
Dealing with Construction Permits 62 59 up -3
Getting Electricity 181 179 up -2
Registering Property 17 17 No change
Getting Credit 8 8 No change
Protecting Investors 13 12 up -1
Paying Taxes 162 155 up -7
Trading Across Borders 171 171 No change
Enforcing Contracts 48 50 up 2
Resolving Insolvency 150 144 up -6

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 17 DB 2011 Rank 13 Change in Rank down-4
Indicator Kyrgyz Republic 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)
2 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)
10 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)
3.5 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 Register at the One stop shop Register with the Social Fund and the State Tax and the National statistics 7 days KGS 232 (registration fee)
2 Obtain permission to make company seal and make a seal 3 days KGS 1,100 (125 of permission cost + service fees of 450-1,500).

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