| > easiest country to set up a business in the world Could you elaborate what your base of comparison is to make such statement? How many countries have you set businesses up in? Speaking just of Asia, I set up businesses in Singapore and Hong Kong. The latter was easier to setup and proved easier to run, with less running costs over the course of 3 years so far.
I also found Hong Kong to be way more founder-friendly when it comes to getting angel money or VC. Regarding the police state: 1st time I spent a day in Singapore, in 2005, on a 14h stopover from a long haul flight to Australia, I wanted to take a nap on a lawn in a public park. Two police offers told me I can't and they'll have to fine me but they'd make an exception since I'm a tourist.
I was wearing a tailor-made suit btw., not some daggy traveler attire. That was when I knew Singapore was not for me. Don't get me wrong, I have friends living there and they like it a lot. They are a family of four and they do fit in the 'ideal standard' box of people the government there wants to have as citizens. But be careful if you don't.
Singapore has laws that make homosexuals face legal threats. And you can be fined if someone spots you walking around in your house naked (in your own 4 walls, mind you!). |
Granted most any subjective ranking has plenty of room for argument. There isn't likely truly any clearly #1 for "setting up a business" as so much depends on the situation. But Singapore consistently is ranked very highly on this measure.