- July 26, 2021
- Posted by: Stratford Team
- Category: Business
Mainland China and Indonesia both fall a number of places in the index, indicating that it easier to do business in those jurisdictions, but they are still among the most difficult; China Hong Kong is one of the easiest.
LONDON, July 26, 2021 /PRNewswire/ — China Hong Kong remains a great place for business according to the Global Business Complexity Index (GBCI) by TMF Group, a leading professional services firm.
The report analyses key areas of business administration and compliance across 77 jurisdictions, from the time it takes to incorporate a company, to changes in tax legislation, policies around wages and benefits, through to the challenges of opening a bank account. In all, over 290 different criteria are factored into this year’s rankings.
Second only to Denmark, China Hong Kong is one of the easiest jurisdictions in the world in which to do business, mostly due to its openness to globalisation and simple rules. In the area of accounting, for…
