CONTENTS Introduction3 Worldwide situation4 Starting a Business4 Enforcing Contracts5 Closing a Business6 Situation on the Latvian Market8 Present Situation8 Business Development Policy10 Conclusions and Recommendations13 Bibliography15 Annex16 Introduction The present paper is aimed at analysing the importance of legal business environment when starting-up a business, especially a small or a medium-sized entreprise (thus limited liability company). The analysis consists of two integral parts: the theoretical basic information and the real-life examples of countries around the …showed first 75 words of 2880 total…

…showed last 75 words of 2880 total…Canada231333.80.600 Switzerland6203224.058.512820.333.8 Ukraine1440210--- Belorussia19118369--- Annex 2. Indicators for Enforcing contracts CountryNumber of proceduresNumber of days neededCosts,USD% of GDP per capita Latvia191882617.5 Lithuania1774475.813 Poland181000511.8411.2 Czech Republic162701028.618.5 Great Britain12101126.250.5 Germany221541360.26 Sweden191901886.327.6 Denmark14831151.023.8 USA17365140.240.4 Russia16160432.2820.2 Canada17425624428 Switzerland142231479.273.9 Ukraine2022380- Belorussia19135564- Annex 3. Indicators for Closing a Business CountryNumber of years neededCosts, % of assests Latvia1.24 Lithuania1.218 Poland1.518 Czech Republic9.238 Great Britain18 Germany1.28 Sweden28 Denmark4.28 USA34 Russia1.54 Canada0.84 Switzerland4.64 Ukraine3- Belorussia2.2- Annex 4. Costs of enterprise registration