The Easiest Country to Do Business in Is…
New Zealand is the easiest country in the world to do business in, according to the World Bank’s latest “Doing Business” rankings, thanks largely to the ease of starting a business, registering property and its system for securing credit. Rounding out the top five are Singapore, Denmark, South Korea and Hong Kong. The United States is considered the sixth easiest place in which to do business.The annual index ranks countries and territories on a range of factors including ease of paying taxes, enforcing contracts and dealing with construction permits. “A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm,” the report says.
The most difficult countries to do business in? Venezuela, Eritrea and Somalia.
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