Doing business in Romania

  
DOING BUSINESS IN ROMANIA          
           
ROMANIA   Eastern Europe & Central Asia   GNI per capita (US$) 8,333
Ease of doing business (rank) 56 Upper middle income   Population (m) 21,5
Starting a business (rank)  44 Getting credit (rank) 15 Trading across borders (rank) + 47
Procedures (number) 6 Strength of legal rights index (0-10) 8 Documents to export (number) 5
Time (days) 10 Depth of credit information index (0-6) 5 Time to export (days) 12
Cost (% of income per capita) 2,6 Public registry coverage (% of adults) 13 Cost to export (US$ per container) 1,275
Minimum capital (% of income per capita) 0,9 Private bureau coverage (% of adults) 33,3 Documents to import (number) 6
        Time to import (days) 13
Dealing with construction permits (rank) + 84 Protecting investors (rank) 44 Cost to import (US$ per container) 1,175
Procedures (number)  17 Extent of disclosure index (0-10) 9 Enforcing contracts (rank)  54
Time (days)  228 Extent of director liability index (0-10) 5 Procedures (number) 31
Cost (% of income per capita) 73,9 Ease of shareholder suits index (0-10) 4 Time (days) 512
    Strength of investor protection index (0-10) 6 Cost (% of claim) 28,9
Registering property (rank)   92 Paying taxes (rank)  x 151 Closing a business (rank) + 102
Procedures (number)  8 Payments (number per year) 113 Time (years) 3,3
Time (days)  48 Time (hours per year) 222 Cost (% of estate) 11
Cost (% of property value) 1,3 Total tax rate (% of proit) 44,9 Recovery rate (cents on the dollar) 25,7
           
Reforms making it easier to do business (+)        
Reforms making it more diicult to do business (x)      
           

The information on this site was gathered through our journalists and various source(s) of information including the national tourism organization,
the ministry of finance, the ministry of foreign affairs, CIA World Factbook, and US State Department.