Time required to start a business Mongolia 2010-2019

Published by Leander von Kameke, Jun 7, 2024
In 2019, the number of days required to start a business in Mongolia did not change in comparison to the previous year. The number of days required to start a business remained at 12 days.
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 statistics on other topics about Mongolia with key insights such as total tax rate as a share of profits for medium sized businesses.

Time required to start a business in Mongolia from 2010 to 2019 (in days)

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Source

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Release date

May 2024

Region

Asia, Mongolia

Survey time period

2010 to 2019

Supplementary notes

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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