Business Facts

Important indicators for doing business are:
  • Ease of doing business rank (1=most business-friendly regulations);
  • Time required to start a business (days).
  • Profit tax (% of commercial profits);
  • Time to export, documentary compliance (hours);
  • Time to import, documentary compliance (hours);
  • Time to export, border compliance (hours);
  • Time to import, border compliance (hours);
  • Time spent dealing with the requirements of government regulations (% of senior management time);
*The data presented below is for 2019 and the source is World Bank.
The “Ease of doing business” rank gives a glimpse of the climate for conducting business across markets. North Macedonia is ranked the best in the CEFTA region (#17) and Bosnia and Herzegovina the worst (#90).
The Profit tax as % of commercial profits is highest in Albania (14.1) and lowest in Montenegro (8.3).
Time to export, documentary compliance in hours is best in North Macedonia and Serbia.
Time to import, documentary compliance in hours is best in Moldova
Time to export, border compliance in hours, and Time to import, border compliance in hours are best in Moldova.
Time to export, border compliance in hours, and Time to import, border compliance in hours are best in Moldova.
Time spent dealing with the requirements of government regulations (% of senior management time) (2019) is best in Montenegro and worst in Kosovo.
The indicator “Time required to start a business” (in days) range from 4 days in Moldova to 80 days in Bosnia and Herzegovina.