The best countries to start a business


Discover Doing Business’s ranking of the most attractive economies for entrepreneurs according to the World Bank. France is only 32nd.

In some countries, administrative burdens weigh heavily on the backs of entrepreneurs. Executing a sales contract or paying taxes can be complicated and affect the smooth running of the business. But, between June 2017 and May 2018, 128 States adopted reforms to make their economies more attractive and streamline the process for SME creators, as the World Bank announced in the new its ranking called Doing Business 2019.

The institution publishes this report every year, along with the International Finance Corporation, which ranks 190 economies according to ease of doing business there. The table below provides the overall rankings as well as the rankings for the four scoring criteria in particular.

Entrepreneurship: The Easiest Country to Do Business in 2018
Country General classification Creating a business Getting loans Paying taxes Execution of contracts
New Zealand 1 1 1 10 21
Singapore 2 3 32 8 1
Denmark 3 42 44 9 14
Hong Kong 4 5 32 1 30
South Korea 5 11 60 24 2
Georgia 6 2 12 16 8
Norway 7 22 85 30 3
UNITED STATES 8 53 3 37 16
UK 9 19 32 23 32
Northern Macedonia 10 47 12 31 37
United Arab Emirates 11 25 44 2 9
Sweden 12 18 85 27 38
Taiwan 13 20 99 29 11
Lithuania 14 31 44 18 7
Malaysia 15 122 90 72 33
Estonia 16 15 44 14 13
Finland 17 43 60 11 46
Australia 18 7 8 26 5
Latvia 19 24 12 13 20
MAURITIUS ISLAND 20 21 60 6 27
Iceland 21 59 73 33 31
Canada 22 3 12 19 96
Ireland 23 10 44 4 102
Germany 24 114 44 43 26
Azerbaijan 25 9 22 28 40
Austria 26 118 85 40 10
Thailand 27 39 44 59 35
Kazakhstan 28 36 60 56 4
Rwanda 29 51 3 35 78
Spain 30 86 73 34 23
Russia 31 32 22 53 18
France 32 30 99 55 12
Source: World Bank

The top three remain unchanged from last year. New Zealand makes life easier for entrepreneurs. Of the ten criteria used by the World Bank in total, the Oceania archipelago is in the first position in creating a business, transferring real estate assets and taking out bank loans. In addition, the country ranks second in the protection of minority investors. On the other hand, the country fell in the issuance of building permits, dropping from third to sixth place.

In which country will the company be formed?

The podium was completed by Singapore and Denmark. Singapore leads in contract enforcement. Denmark is first in the ranking for ease of doing business with foreign countries. For this last criterion, the Scandinavian country shares first place in … France.

France behind Rwanda and Azerbaijan

Despite this first position, France fell somewhere in this international ranking of the most attractive economies. 28th in 2015, the tricolor economy was only 29th in 2016, 31st in 2017 and now 32nd in 2018. France’s two weak points are the difficulty in getting credit (the country occupies in 99th place in the ranking at this point) and transfer of ownership (96th place).

In the top 10 most business-friendly countries, there are two members of the European Union: Denmark (3rd) and (so far) the United Kingdom (9th). They were three last year in Sweden. The United States took 8th place, meaning a fall of two places compared to last year. Uncle Sam’s country ranks poorly for electrical connectivity (54th place) and business creation (53rd place). It should be noted that countries like China (46th place), Brazil (109th) or India (77th) are not in the top thirty places.

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