I lost any trust in that ranking after I saw Germany on place 4... Bureaucracy is extreme and some things that you could do in hours in other countries may take months or even years in Germany. Average tax rate is also second-highest among all OECD countries. Energy prices are extremely high (3x higher than in the US) and labour costs are high. There are also many other problems with Germany if you want to do business there.
Greece, Argentina and India are the fastest improving business environments
31–40 of 104 posts
Re: Greece, Argentina and India are the fastest improving business environments
#32I lost any trust in that ranking after I saw Germany on place 4... Bureaucracy is extreme and some things that you could do in hours in other countries may take months or even years in Germany. Average tax rate is also second-highest among all OECD countries. Energy prices are extremely high (3x higher than in the US) and labour costs are high. There are also many other problems with Germany if you want to do busines…
Labour costs are high is a bad thing? I see it as social cohesion, where people get paid less unfairly.
Re: Greece, Argentina and India are the fastest improving business environments
#33Argentina?
Good fundamentals and a low base.
There is no real (non politics) reason Argentina can not return to being one of the wealthiest countries in the world (obviously they won't anytime soon)
Re: Greece, Argentina and India are the fastest improving business environments
#34I'm half Greek, so obviously a little bias. But would love to see a more thriving tech scene in Athens. It's a cool city, with great night-life, great restaurants, and stunning places nearby, not yet super gentrified and obviously also has some archaeological sites. But it's not just 2000 years old history (yes, it's partly also pretty run-down, bureaucracy is a night-mare, etc.) Generally speaking, it's usually sunn…
Are Aegean islands cooler than Athens in summer?
Re: Greece, Argentina and India are the fastest improving business environments
#35I am surprised to see Germany so high. Germany is a hostile place to start a company, especially if you are not German, not least because there is the issue of a very harsh and inflexible exit tax. Should you decide to leave Germany, even temporarily, you will be faced with a tax of around 30% of the current valuation of your worldwide holdings in companies. The rules for this became even harsher in 2021. I have obvi…
What's the reason for this?
Re: Greece, Argentina and India are the fastest improving business environments
#36I am surprised to see Germany so high. Germany is a hostile place to start a company, especially if you are not German, not least because there is the issue of a very harsh and inflexible exit tax. Should you decide to leave Germany, even temporarily, you will be faced with a tax of around 30% of the current valuation of your worldwide holdings in companies. The rules for this became even harsher in 2021. I have obvi…
I am in the process of trying to understand how businesses work and I have been comparing the realities of starting and running companies in various european countries. Most of the information that I can find is very surface level so thanks for sharing anything that people should be aware of.
A community/forum/subreddit focused on this does not seem to exist. I guess professionals are too busy.
I was also surprised to not see much discourse over Section 174 recently.
But getting back to the point, europe needs to decide if it wants to be relevant or not in the future. As an italian currently living in my country, I can say that doing business here looks like insanity, it's not hyperbole, the environment is as anti-business and innovation as it can be.
Re: Greece, Argentina and India are the fastest improving business environments
#37I'm half Greek, so obviously a little bias. But would love to see a more thriving tech scene in Athens. It's a cool city, with great night-life, great restaurants, and stunning places nearby, not yet super gentrified and obviously also has some archaeological sites. But it's not just 2000 years old history (yes, it's partly also pretty run-down, bureaucracy is a night-mare, etc.) Generally speaking, it's usually sunn…
Are Aegean islands cooler than Athens in summer?
More wind and less urban heat island effect would keep the temperatures more reasonable, I think.
Re: Greece, Argentina and India are the fastest improving business environments
#38I'm half Greek, so obviously a little bias. But would love to see a more thriving tech scene in Athens. It's a cool city, with great night-life, great restaurants, and stunning places nearby, not yet super gentrified and obviously also has some archaeological sites. But it's not just 2000 years old history (yes, it's partly also pretty run-down, bureaucracy is a night-mare, etc.) Generally speaking, it's usually sunn…
Are Aegean islands cooler than Athens in summer?
yea, they're usually windier and therefore are (and feel) a few degrees cooler. Fortunately they aren't particularly humid either (usually) which makes them feel quite pleasant imo
Re: Greece, Argentina and India are the fastest improving business environments
#39I lost any trust in that ranking after I saw Germany on place 4... Bureaucracy is extreme and some things that you could do in hours in other countries may take months or even years in Germany. Average tax rate is also second-highest among all OECD countries. Energy prices are extremely high (3x higher than in the US) and labour costs are high. There are also many other problems with Germany if you want to do busines…
Labour costs are high is a bad thing? I see it as social cohesion, where people get paid less unfairly.
The discussion here seems to focus on the owning/founding class sides perspective. This side, understandably, does not like high salaries and workers rights.
Re: Greece, Argentina and India are the fastest improving business environments
#40Argentina?
Some neoconservative politician roleplaying as an anarchist reached the country's top office. He's privatising everything on a speedrun, weakening all labour regulations, waging an economic war against China, the country's top economic partner, and promised he would forfeit the country's currency to the Americans by switching to dollars. So ig for foreign investors its now or never to plunder what's left of Argentina…
Is there a way to invest in this plundering, for retail investors?
iShares Argentinia plundering ETF?