To start a business in Armenia will require 18 days. This is stated in the World Bank’s Investments Without Borders - 2010.
Georgia is leading the ranking. A company can start a business in Georgia in 4 days. In Poland is required 33 days in Russia - 31 days, Greece - 22 days, Bulgaria - 20 days, Turkey - 8 days.
The longest stretch procedures for starting a business are in Angola (263 days) and Haiti (212 days).