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The article analyzes small entrepreneurship as one of the leading sectors of economy, determines rate of economic growth, conditions of employment of population, structure and quality of GDP.Purpose. To study the current state of business climate for entities of small and private entrepreneurship; to analyze the existing range of problems in the sphere of effective state regulation of business activity in the country; to conduct a detailed analysis of structure and dynamics of the World Bank report ranking of Doing Business 2017: equal opportunity for all in conditions of the Republic of Uzbekistan in two years.Methodology. Observational, statistical analysis and purposeful monitoring of the leading ranking organizations of a business climate for small entrepreneurship were used. Various criteria influencing conditions of institutional and entrepreneurial environments were analyzed.Results. Development of small business is responsible to global trends of formation of flexible competitive economy, combination of different forms of ownership and their appropriate economic model in which difficult synthesis of a competitive market mechanism and state regulation of small and large business has been implemented. Therefore, author made attempt to study problems of effective regulation of small entrepreneurship, institutional ensuring business activity in the Republic of Uzbekistan and interaction of business with the government and institutional players of market.Conclusions. Based on detailed studying of the international ranking institutions and inspections of the entrepreneurial environment Doing Business 2017 on the example of Uzbekistan, the author makes proposals on enhancement of entrepreneurship development and improvement of business climate in the country

"Doing Business 2017: equal opportunity for all" as a vector of regulation of the business environment