The time and procedures to open or close a business, as well as to get construction
permits are critical factors for international business success.
Number of procedures for opening a business
In Mexico, an investor needs only 8 procedures in order to open a company.
This number is significantly lower than in India, China or Brazil.
Source: Doing Business, World Bank, 2009/2010
Time needed for opening a business
In Mexico a business can open in 13 days, while in China and Brazil 37 and 120 days are needed, respectively.
Source: Doing Business, World Bank, 2009/2010
Number of procedures needed to obtain construction permits
In Mexico 12 procedures are required for construction permits,
which means that it is easier to obtain them here than in Czech Republic,
India and China where a triple amount of procedures is required.
Source: Doing Business, World Bank, 2009/2010
Time needed to get construction permits
In Mexico, construction permits are much quicker than in India, Poland,
China and Brazil. While in Mexico it takes 138 days, in China investors
need 336 days or 411 days in Brazil.
Source: Doing Business, World Bank, 2009/2010
Time needed for closing a business
Investors can close a company in Mexico in 2 days
which is faster than Brazil, Chile, Czech Republic or India.
Source: Doing Business, World Bank, 2009/2010
Recovery rate
The recovery rate is recorded as cents on the dollar recouped by creditors through the
bankruptcy, insolvency or debt enforcement proceedings
Additionally, the recovery rate for closing a business in Mexico is 64 cents,
43 cents more than Chile and Czech Republic, and 47 cents more than Brazil.
Source: Doing Business, World Bank, 2009/2010