Countries ranked by ease of starting a business
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Countries ranked by ease of starting a business
1–10 of 101 posts
Re: Countries ranked by ease of starting a business
#2mmm NZ seems very high in the rankings but the vc/angel investment community very immature over here... possible opportunity for low hanging fruit just across the ditch for a few valley based investors perhaps ? ;-)
Re: Countries ranked by ease of starting a business
#3I'm surprised Israel was so low given the info I read in the book Startup Nation (http://www.startupnationbook.com/)
Re: Countries ranked by ease of starting a business
#4Yes, Italy did it!
Last in Western Europe and highly developed countries (a part from Greece).
Re: Countries ranked by ease of starting a business
#5My experience in Canada in starting a business agrees with its 2nd place rank. It only took a couple of hours to get an incorporated business setup, as long as it's a numbered company (e.g., 4312341 Alberta Inc., although, I forget what my number was). It's a couple more hours to open a bank account, make a shareholder loan, and get company cheques (sic).
All in all, it takes about a morning to have a legal operating funded company up and running.
Of course, revenue is another story :).
Re: Countries ranked by ease of starting a business
#6I'm not sure all those numbers are correct. I was born in the Dominican Republic and I can say that the time to open a business is least than 20 days.
Besides, there are some companies offering "packaged business"s with legal fees, registrations, and other paperwork ready. You can buy one of those and get up and running in 24 hours. They take care of transfering the company to you.
Re: Countries ranked by ease of starting a business
#7mmm NZ seems very high in the rankings but the vc/angel investment community very immature over here... possible opportunity for low hanging fruit just across the ditch for a few valley based investors perhaps ? ;-)
There sure is.
The legal process of getting a company going here in NZ is really very simple. The distance from the rest of the world feels kind of overwhelming at times which is our big disadvantage. No over land connections with other countries, not in the middle of a nice trade route or anything. Great time to be a techy here though, the internet is a wonderful thing, when it works.
I saw a big of talk about VC work in agriculture and so on, not so much in the web space.
Re: Countries ranked by ease of starting a business
#8My wife is Japanese and when I said I was starting a company she asked me But, how? Are you even allowed to do that? I didn't really understand how you could not be at the time.
I guess that's why NZ ranks #1 and Japan ranks #91 for getting started.
Re: Countries ranked by ease of starting a business
#9I think there's probably a direct correlation to economic strength and development here as well.
Re: Countries ranked by ease of starting a business
#10mmm NZ seems very high in the rankings but the vc/angel investment community very immature over here... possible opportunity for low hanging fruit just across the ditch for a few valley based investors perhaps ? ;-)
NZ has expensive (and not particularly fast) internet, which is probably why. On the other hand, setting up a limited-liability company took me an hour (including registering for GST) and cost $40 when I did it (it's a little more now), and costs nothing to renew. And the time zone difference means we're often working when the US is sleeping, which can be handy when you're deploying a new version of a production site for a US audience.