The World Bank, an international financial institution, asked for our assistance for the 11th time with its Doing Business report, one of the flagship publications of the World Bank Group that benchmarks business regulations in 191 economies worldwide.

Valuable insight for many

We provide yearly information on Estonia, Latvia, Lithuania and Belarus in different fields of the survey: starting a business, resolving insolvency, employing workers, enforcing contracts, protecting investors, gender inequality in Law (via the Women, Business and the Law project), getting credit, and market competition. Governments across the world read the report to gather information for possible legislative changes.

In-depth analysis of starting a business in the Baltics

In this case we provided information on how easy or difficult it is to start a business in Estonia, Latvia, and Lithuania. The assignment was distinctive as the client is a highly reputable organisation and the review is of great importance for businesses choosing their headquarters. We provided an overview of prerequisites for starting a business in Estonia, Latvia and Lithuania – how long it will take, what the associated costs will be, etc.

Our client team

The client was advised by partners Karin Madisson, Algirdas Pekšys, Eva Berlaus, senior associates Jonas Kiauleikis and Zanda Frišfelde and associate Jaanus Sildam.

We have advised the World Bank in relation to its Doing Business report for 11 years; the most recent report, for 2020, can be found here: