#4 United States

Procedures necessary to start a business - 6

Days required to start business – 6

Innovators and entrepreneurs are highly praised by the media in the U.S. There are very few procedures and $675 in fees necessary to start a business. There is, however, a high incidence of company failures, at 10.43% per year, which suggests that it may be difficult for small and medium-sized companies to stay in businesses.

The United States is a developed country and has the world's largest national economy, with an estimated 2012 GDP of $15.6 trillion – 19% of global GDP at purchasing-power parity, as of 2011.The economy is fueled by an abundance of natural resources, a well-developed infrastructure, and high productivity; and while its economy is considered post-industrial it continues to be one of the world's largest manufacturers. U.S.A. is a leading economic, political, and cultural force in the world, as well as a leader in scientific research and technological innovation.

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