Time to Start New Business remained unchanged in Germany in 2018

Time to Start New Business (days)
Economy | Germany | May 17, 2019
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Excel Sheet

Time to start new business reached 8.00 days in 2018 in Germany, according to the National Statistical Office. This is the same as in the previous year.

Historically, time to start new business in Germany reached an all time high of 45.0 days in 2003 and an all time low of 8.00 days in 2016. When compared to Germany's main peers, time to start new business in Austria amounted to 21.0 days, 4.00 days in Belgium, 3.50 days in France and 37.0 days in Poland in 2018.

Germany has been ranked 118th within the group of 173 countries we follow in terms of time to start new business, 8 places behind the position seen 10 years ago.

The time required to start a business is the number of calendar days needed to complete the procedures to legally operate a business.

Time to Start New Business Unit 2010 2011 2012 2013 2014 2015 2016 2017 2018
Austria days 25.0 25.0 22.0 22.0 21.0
Belgium days 4.00 4.00 4.00 4.00 4.00
Czech Republic days 30.5 30.5 30.5 30.5 24.5
France days 6.50 6.50 4.50 4.00 3.50
Germany days 14.5 14.5 14.5 10.5 8.00
Hungary days 7.00 7.00 7.00 7.00 7.00
Italy days 7.50 7.50 6.50 6.00 6.00
Luxembourg days 16.5 16.5 16.5 16.5 16.5
Netherlands days 5.00 4.00 3.50 3.50 3.50
Poland days 39.0 37.0 37.0 37.0 37.0
Russia days 18.0 13.2 11.5 10.8 10.1
Spain days 30.0 24.0 14.0 14.0 13.0
Switzerland days 18.0 18.0 10.0 10.0 10.0
Ukraine days 23.0 22.0 22.0 8.00 6.50