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Australia a great place to set up shop
Released 24 November 2010

Australia has ranked second behind New Zealand as the easiest place to start a business in the eighth annual World Bank and International Finance Corporation survey.  

“Australia is among the top 10 countries in the world that offer the most business-friendly regulatory environments,” says a World Bank spokesperson.

The criteria included dealing with construction permits, registering property, getting credit, protecting investors, enforcing contracts and paying taxes. 

Top 10 countries to start a business
  1. New Zealand
  2. Australia
  3. Canada
  4. Singapore
  5. Macedonia
  6. Hong Kong
  7. Belarus
  8. Georgia
  9. United States
  10. Rwanda
 Source: World Bank, IFC