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Belarus Improves by 11 Points in 2013 Doing Business Survey

23.10.2012 / 11:10

Siarhiej Hiezhala

Belarus went up to the 58th position from 69th last year in the ranking of the ease on doing business. Now the country significantly overcomes Russia (112th which is situated between Palau and Salvador).

However, Belarus lags behind many former socialist countries: Poland (55th), Lithuania (27th) and Georgia (9th).

Belarus is the 9th in the ease on starting business. It is actually so as you need only one day to establish and register your enterprise.

Belarus also is the 3rd state where it is easiest to register your property.

However, Belarus is still low on taxation: the tax system is evaluated as complicated and holds the 129th position.

Belarus is 171th (out of 185) on access to electricity. It also among the last on the accessibility of loans and foreign activity regulations.

However, Belarus significantly improves its overall ranking of the ease on doing business. In 2011, it was ranked the 91st.

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