5. Armenia
Time Taken: 3.00 days
Procedures (number): 2.00
Cost as % of Per Capita Income: 1.00
Cost in USD: 37.90
You can register your business in just three days in Armenia and the country has further facilitated the process by allowing the prospective companies to complete all the procedures at a single location. Furthermore, you have to order a company seal, and the whole process can be done for USD 32.85 in case you want the seal in one day. If you can wait for 30 days for the seal to arrive, the costs of registering a company in Armenia can be as low as USD 6.
