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Number of Procedures to Start a Business in ASEAN
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It takes 11 procedures to start a business in Indonesia. This is one reason why Indonesia's investment competitiveness lags behind that of six other ASEAN countries. In Singapore, only 3 procedures are needed to start a new business, while in Thailand it's 5 procedures and in Vietnam 9.
The World Bank's Doing Business 2017 annual report ranked Indonesia's ease of doing business at 91st, behind Vietnam, Thailand, Malaysia, and Singapore.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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