The World Bank just released their annual Doing Business report which ranks 183 countries based on 10 topics. The topics are starting a business, construction permits, electricity, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency. While the United States ranks #4 for the overall ease of doing business it lands all the way down at #13 for the ease of starting a business. Some countries near the top may surprise you…
If you’re looking to start a business here are the top 10 countries on the list for starting a business in:
1. New Zealand
5. Hong Kong SAR, China
6. Macedonia, FYR
10. Saudi Arabia
How can the United States improve it’s ranking to start businesses in? As a young business owner would you ever move to a different country to start your business?