Easy Street

Some countries are easier to deal with than others.
Magazine Contributor
1 min read

This story appears in the June 2007 issue of Entrepreneur. Subscribe »

Congratulations! You've determined that your product can be sold abroad. But how do you find the best country in which to do business?

Start with the World Bank Group's Doing Business 2007: How to Reform, which ranks 175 nations based on the ease of doing business in each. The index averages the percentile rankings of 10 equally weighted topics:

  • Starting a business
  • Dealing with licenses
  • Employing workers
  • Registering property
  • Getting credit
  • Protecting investors
  • Paying taxes
  • Trading across borders
  • Enforcing contracts
  • Closing a business

Accordingly, the top 10 foreign countries for ease of doing business are:

  1. Singapore
  2. New Zealand
  3. Canada
  4. Hong Kong
  5. United Kingdom
  6. Denmark
  7. Australia
  8. Norway
  9. Ireland
  10. Japan

For more information, visit www.doingbusiness.org/economyrankings. Click on the column headers to sort the data by topic.

Laurel Delaney runs GlobeTrade.com and LaurelDelaney.com, Chicago-based firms that specialize in international entrepreneurship.

More from Entrepreneur

Grow Your Business at Entrepreneur LIVE! Join us on Nov. 16 in Brooklyn, NY, to learn from legends like Danica Patrick and Maria Sharapova, pitch our editors, meet with investors, and potentially walk away with funding!
Register here

One-on-one online sessions with our experts can help you start a business, grow your business, build your brand, fundraise and more.
Book Your Session

In as little as seven months, the Entrepreneur Authors program will turn your ideas and expertise into a professionally presented book.
Apply Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.