NZ Ranks 2nd Best for Business
9 September 2009
In a recent World Bank report New Zealand ranked second as the easiest country in which to do business.
New Zealand maintained its position for the fourth year, with Singapore retaining its crown at the top.
The World Bank report ranks 183 countries based on ten indicators that measure the time and cost of government requirements in starting, operating and closing a business, trading across borders and paying taxes.
New Zealand ranked second after Singapore followed by Hong Kong and the United States. The top 10 countries were unchanged from last year apart from the United Kingdom at five swapping places with Denmark, now at six. Ireland, Canada, Australia and Norway rounded out the top ten.
Most large economies maintained their rankings from the previous year’s report.
These findings reinforce New Zealand as having an attractive business environment, with low barriers to entry, and policies that encourage strong investment relations with countries overseas.
ref: stuff.co.nz
