The Regional Doing Business is based on the adapted World Bank’s methodology.
The rating assesses six areas of interaction between entrepreneurs and government authorities, namely:
Starting a business
Land plot registration
Obtaining construction permits
Paying local taxes
The results of the rating are based on data from 1,754 questionnaires of respondents from the private sector of 24 regional centers of Ukraine and the city of Kyiv.
The main evaluation criteria under each component were “money” and “time” spent on formal procedures, as well as the number of “visits” to state/local authorities.
The overall rating is defined by the sum of points scored by a regional center in each of the six components. The maximum number of points that each regional center may obtain in each component is 100 points. The total possible score is 600.