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Georgia is a champion in business registration simplicity

2010-07-27 16:41

In accordance with the World Bank conclusion, registration of business in Georgia is simpler than in any other country of the world - RosBalt.

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Georgia won the first place because only one day is needed to register a business there. According to estimation of the WB, similar procedure takes 20 days in Bulgaria, 31 day in Russia, 33 days in Greece.

Vera Kobalia, the Minister of Economy and Sustainable Development of Georgia, says this news can cause a new wave of investors' interest to Georgian economy. 

Registration of business in Georgia can also be done in online regime, RosBalt reports.

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