RIO DE JANEIRO, BRAZIL - According to the first edition of the 2021 Latin American Bureaucracy Index (IBLAT), prepared by the Latin American Atlas Network Center in partnership with Fundación Libertad de Rosario and other institutions, a small company in the country requires an average of 794.6 hours per year to complete all bureaucratic procedures, which implies 3 hours per working day.
The IB-Lat measures the administrative-bureaucratic burden of small companies in the primary, secondary and tertiary sectors in some Latin American countries and in Spain. Likewise, the index surveys the procedures that a representative company in . . .
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