Start a Business in Singapore

The best place to do business is Singapore, says a World Bank index which ranks economies on their ease of doing business. The most recent rankings come from the Doing Business 2012 report. Singapore topped the ranking on Ease of Doing Business for the sixth year. Among others in the Top 10 are Hong Kong, New Zealand, United States, Denmark, Norway, United Kingdom, South Korea, Iceland and Ireland. Overall, doing business remains easiest in the high-income economies of the Organisation for Economic Co-Operation and Development (OECD) and most difficult in Sub-Saharan Africa and South Asia.
The elements that were taken into account to assess an economy were: Ease of Doing Business, Starting a Business, Dealing with Construction Permits, Registering Property, Getting Credit, Protecting Investors, Paying Taxes, Trading Across Borders, Enforcing Contracts, Closing a Business.

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