Doing Business, starting a business, cost (men)

percent of income per person, 2004–2017

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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. The company law, the commercial code, and specific regulations and fee schedules are used as sources for calculating costs. In the absence of fee schedules, a government officers estimate is taken as an official source. If several incorporation lawyers provide different estimates, the median reported value is applied.

Source: World Bank