7. Australia
Time Taken: 2.50 days
Procedures (number): 3.00
Cost as % of Per Capita Income: 0.70
Cost in USD: 458.64
It has the same number of procedures as Lithuania and the same amount of cost as % of income per capita, however, it only takes two and a half days to register a new business in Australia. In 2012, 185,000 new limited liability companies were registered in Australia. The cost of registering a new business is only USD 472.31