New Zealand was placed second in the report behind Singapore, which retained its top ranking for a fourth year running. Next were Hong Kong and the United States. The top 10 countries were unchanged from the previous report except United Kingdom at five switched places with Denmark at six.

 

The 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. The rankings don't reflect macroeconomic policy, infrastructure, workforce skills or crime rates.

 

Interested in establishing a business in New Zealand? We invite you to read our Establishing a business in New Zealand - July 2009. This guide for international business is intended to provide an introductory overview to doing business in New Zealand and answer some preliminary questions frequently asked by those unfamiliar with the New Zealand economy.

 

For more comprehensive and proper professional advice, we invite you to contact us in our Auckland or Wellington law office. Read a report about the World Bank study via this link.