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Small and medium-sized enterprises (SMEs)

Start-up procedures: progress in 2013

Start-up procedures: progress in 2013

In 2013 average time and cost to start-up a private limited company was 4.2 days and cost was €315.

In 2012 average time and cost to start-up a private limited company was 5.4 days and cost was €372.
In 2011 average time and cost to start-up a private limited company was 6.5 days and cost was €397.
In 2010 average time and cost to start-up a private limited company was 7 days and cost was €399.
In 2009 average time and cost to start-up a private limited company was 8 days and cost was €417.
In 2008 average time and cost to start-up a private limited company was 9 days and cost was €463.
In 2007 average time and cost to start-up a private limited company was 12 days and cost was €485.

In 2013 Croatia was for the first time covered by the monitoring of start-up procedures.

The reduction in average times is due mostly to simplifications implemented in Greece, Spain, Latvia, Finland, Cyprus and UK. The reduction in average cost is due mostly to simplifications implemented in Greece, Latvia, Lithuania and Austria.

From 2011 target cost to start-up a company: €100

The conclusions of the Competitiveness Council of 31st May 2011 included a call to Member States "to reduce the start-up time for new enterprises to 3 days and the cost to €100 by 2012".

"The Council's Action Plan for a Small Business Act for Europe" of 2010 already asked Member States to bring down start-up times to 3 working days.

Under these new benchmarks the aggregate situation of Member States in relation to the 3 objectives earmarked for administrative simplification for start-ups are: 

 

Number of Member States

 

Accomplished - Green

Not accomplished - Red

One-stop-shop

21

7

Time

18

10

Cost

9

19

 

5 countries comply with all three objectives: Denmark, Latvia, Romania, Slovenia and UK
13 countries comply with 2 of the 3 objectives: Belgium, Bulgaria, Cyprus, Estonia, France, Greece, Hungary, Ireland, Italy, Lithuania, Luxemburg, Portugal and Spain.
7 countries comply with 1 of the 3 objectives:  Austria, Croatia, Finland, Malta, Netherlands, Poland and Sweden.
3 countries do not comply with ANY of the objectives:Czech Republic, Germany and Slovakia.

Country by country information

For a more detailed, country by country information:

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