8. Hong Kong SAR, China
Time Taken: 2.50 days
Procedures (number): 3.00
Cost as % of Per Capita Income: 1.40
Cost in USD: 537.88
The official website of Govt of Hong Kong states that you can get the registration certificate (which is one of the three processes) in 30 minutes flat if you use the online process. The cost of setting up a business is not so high either; however it is the highest among these 10 countries on the list, even in absolute terms at USD 537.88