EFFICIENCY OF STATE REGULATION OF ENTREPRENEURIAL ACTIVITY AND BUSINESS EFFICIENCY: THE RATIO OF CONCEPTS Shmaly Oksana Vasilevna, Dr of law. <...> Position: head of administrative and the official law chair. <...> Place of employment: Russian Academy of national economy and public administration by the President of the Russian Federation, SouthRussia Institute – branch. <...> E-mail: shok93@yandex.ru Annotation: The paper explores The issues of legal regulation of state management of business activities. <...> Judging from the degree of balance between the interests of society and the state, a set of common criteria for the efficiency of business. <...> Literature list: Vanin V.V. Legal regulation of the state needs in the market economy of Russia: theory and practice. <...> C. 23 Ignatov VG, Radchenko A.I. Staffing of the government service. <...> The concept of development of civil legislation of the Russian Federation / Accession. senior AL Makovsky. <...> Maltsev V. Private and public beginning in the social and legal life: scientific doctrine and practice // Civil and trade law of foreign countries. <...> Tolstoy J.K. it is Important to ensure uniformity of judicial practice Law. 2009. <...>