Doing Business 2016 data for Armenia
This page summarizes Doing Business 2016 data for Armenia. The first section presents the Ease of Doing Business rank (out of 189 economies) and the distance to frontier (DTF) measure, overall and by topic. The second section summarizes the key indicators for each topic benchmarked against regional averages.
Economy Overview
| Region | Europe & Central Asia |
|---|---|
| Income Category | Lower middle income |
| Population | 2,983,990 |
| GNI Per Capita (US$) | 3,810 |
| City covered | Yerevan |
| Doing Business 2016 Rank | Doing Business 2015 Rank | Change in Rank |
|---|---|---|
| 35 | 38 |
3
|
| Doing Business 2016 DTF (% points) | Doing Business 2015 DTF (% points) | Change in DTF (% points) |
|---|---|---|
| 74.22 | 72.68 |
1.54
|
-
Topics DB 2016 Rank DB 2015 Rank Change in Rank Starting a Business 
5 3 
-2Dealing with Construction Permits 62 72 
10Getting Electricity 99 96
-3Registering Property 14 14 No change Getting Credit 42 36
-6Protecting Minority Investors 49 46
-3Paying Taxes 41 41 No change Trading Across Borders 29 58
29Enforcing Contracts 28 36
8Resolving Insolvency 71 69
-2Topics DB 2016 DTF** (% points) DB 2015 DTF** (% points) Change in DTF** (% points) Starting a Business
97.78 97.77
0.01Dealing with Construction Permits 73.78 73.64
0.14Getting Electricity 64.02 63.99
0.03Registering Property 93.03 93.00
0.03Getting Credit 65.00 65.00 No change Protecting Minority Investors 60.00 60.00 No change Paying Taxes 82.10 74.46
7.64Trading Across Borders 68.81 64.46
4.35Enforcing Contracts 53.33 53.33 No change Resolving Insolvency 48.14 47.74
0.40
=Doing Business reform making it easier to do business. 
=Change making it more difficult to do business.
- Starting a Business 5
- Dealing with Construction Permits 62
- Getting Electricity 99
- Registering Property 14
- Getting Credit 42
- Protecting Minority Investors 49
- Paying Taxes 41
- Trading Across Borders 29
- Enforcing Contracts 28
- Resolving Insolvency 71
Starting a Business
The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.
- View details
| DB 2016 Rank | 5 | DB 2015 Rank*** | 3 | Change in Rank |
-2
|
|---|
| DB 2016 DTF** (% points) | 97.78 | DB 2015 DTF** (% points) | 97.77 | Change in DTF** (% points) |
0.01
|
|---|
| Indicator | Armenia | Europe & Central Asia | OECD |
|---|---|---|---|
|
The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries). Procedures (number) |
2 | 4.7 | 4.7 |
|
The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments. Time (days) |
3.0 | 10.0 | 8.3 |
|
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. Cost (% of income per capita) |
1.0 | 4.8 | 3.2 |
|
The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita. Paid-in min. capital (% of income per capita) |
0.0 | 3.8 | 9.6 |
| No. | Procedure | Time to Complete | Associated Costs |
|---|---|---|---|
| 1 | Register at the One-stop shop | 2 days | no charge |
| 2 | Order a company seal | 1 day | AMD 15,500 |
