How easy is it to register a new business in your country? (in terms of paperwork and collateral required)

To register new business in Kuwait, the entrepreneur must submit a completed standard application form to the Department of Companies of the Ministry of Commerce and Industry (MOCI), accompanied by the following documents: 1. Copy of the entrepreneur's identity card (ID)2. Certificate issued by the Social Security Authority attesting that the Kuwaiti partners are not civil servants3. Lease contract, a receipt of rent payment, and a certificate from the Public Authority for Civil Information (PACI) confirming that the premises are registered with PACIThe completed application must include the names of the founding partners and their respective shares; the capital, scope and objective of the company; and the name of the manager. Once the application is approved, it is stamped and signed by the Department of Companies, and allocated a reference number. The MOCI electronically sends an inspection request to the Municipality to proceed with the inspection of the company premises at the relevant point of incorporation process.

agree with ms. ghada on her answer

 

In Pakistan, You can start Business even without Paper Work.

Not difficult much, based on your industry type make a JV any similar company and start any small project of 5 to 10 million USD and then once you are in the country, start slowly the direct registration and enter into the market, in KSA it is not difficult but based on the type of business. 

Agree with Ghada Eweda answer

Thanks for invitation

 

I am apologies to answer this question wait from answers specialist 

Thanks

Actually , i am not in my country since more than ten years , but registering new business it suffering from bureaucracy and it takes weeks to get one formal paper.

Limited Liability Company, hereinafter referred to the company's regulated in Law No. 11995. Article 1 paragraph 1 of Law No. 11995 gives the sense that the limited liability company is hereinafter referred to as: a legal entity established under the agreement, engage in business with a capital base that is entirely divided into shares and meet the requirements set forth in this law and its implementing regulations. Agreement established the company to be declared before the Notary deed of incorporation of the company in the form of the load at the same statutes which have been agreed are made Notaries in Indonesian. It all takes approximately 1 month.

Its not easy to get the paperwork done on time or as anticipated here in Ethiopia even though you provide the collateral. But to get a collateral all you need is to have a sound business plan and 40% of the forecasted finance needed.

very simple

Very messy

No laws and no clear system.

It is quite time and nerve wrecking here in Lebanon. But eventually it will be registered.