World Bulletin/News Desk
Macedonia is the best positioned among Balkan countries for establishing a company since it takes only two days, according to the World Economic Forum (WEF).
WEF conducted a research in 146 countries analyzing the period of time needed to start a company.
In the Balkans, Albania followed Macedonia – ranked 2nd on the list – and came in 8th place as opening a company takes 4 days. Croatia ranked 43rd with 9 days and Montenegro took 49th place with a duration of 10 days, and Serbia 57th with 12 days.
Bosnia and Herzegovina ranked 120th, the worst among the Balkans, since it takes 37 days to open a company.
According to WEF's research, establishing a company is fastest in New Zealand where the process requires only one day. Australia, Georgia, Macedonia, Hong Kong, Singapore and Rwanda follow close behind.
The worst-ranked countries in terms of the time required to start a business were Brunei, Haiti, Brazil and Venezuela. Suriname ranked last with 694 days, or almost two years.
The WEF's survey on global competitiveness is the best estimate of the competitiveness of national economies. It is a useful portrait of the economic environment and the capacity of countries to achieve sustainable levels of prosperity and economic growth.Last Mod: 17 Eylül 2013, 14:18