South Korea - Time required to start a business (days)

Time required to start a business (days) in South Korea was at 4 days in 2016, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 south korea time required to start a business days wb data




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Time required to start a business is the number of calendar days needed to complete the procedures to legally operate a business. If a procedure can be speeded up at additional cost, the fastest procedure, independent of cost, is chosen.


South Korea | Private Sector