{"id":55913,"date":"2024-06-11T03:58:25","date_gmt":"2024-06-11T03:58:25","guid":{"rendered":"https:\/\/english.saigonbiz.com.vn\/2024\/06\/11\/gbci-report-denmark-and-the-netherlands-confirm-their-positions-amongst-the-10-easiest-countries-in-which-to-do-business-greece-overtakes-france-as-europes-most-complex-jurisdiction\/"},"modified":"2024-06-11T03:58:25","modified_gmt":"2024-06-11T03:58:25","slug":"gbci-report-denmark-and-the-netherlands-confirm-their-positions-amongst-the-10-easiest-countries-in-which-to-do-business-greece-overtakes-france-as-europes-most-complex-jurisdiction","status":"publish","type":"post","link":"https:\/\/english.saigonbiz.com\/vn\/gbci-report-denmark-and-the-netherlands-confirm-their-positions-amongst-the-10-easiest-countries-in-which-to-do-business-greece-overtakes-france-as-europes-most-complex-jurisdiction\/","title":{"rendered":"GBCI report: Denmark and the Netherlands confirm their positions amongst the 10 easiest countries in which to do business. Greece overtakes France as Europe\u2019s most complex jurisdiction"},"content":{"rendered":"<div>\n<p align=\"justify\">LONDON, June  03, 2024  (GLOBE NEWSWIRE) &#8212; TMF Group, a leading provider of compliance and administrative services, today launches the 11th edition of the <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=212oVW0psVr1gI1JCYmjHxVzKwswPP4nfbeOQehD2A5zVj0KaXmxxpvk7r9sVGjtfU1O8C4_Fkb1Dw-v-5jHOUj4-jhfyr-aHwoI3mplbq5A2tjc2PHEMMo9jAiQ_CaHib7Pqpc-CFfIKB9-mHGbzYl6MvXMwvxCnm_hO3C3eSCUOujpymsF6zWyBjk2px40XycFTBT6e0LX5xvAdoJ82A==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Global Business Complexity Index (GBCI)\">Global Business Complexity Index (GBCI)<\/a>.<\/p>\n<p align=\"justify\">The comprehensive report analyses 79 jurisdictions which account for 93% of the world\u2019s total GDP and 88% of net global FDI inflow. It compares 292 annually tracked indicators, offering data on key aspects of doing business across the globe.<\/p>\n<p align=\"justify\">This year\u2019s study reveals Denmark, the Netherlands, the UK, and Jersey to be among the easiest jurisdictions in Europe to do business.<\/p>\n<p align=\"justify\">Meanwhile, Greece takes the top spot in as this year\u2019s most complex jurisdiction (in both Europe and overall), climbing from 6<sup>th<\/sup> in 2022 and 2<sup>nd<\/sup> in 2023, overtaking France in 2<sup>nd<\/sup> place this year. Turkey and Italy maintain their 2023 rankings, at 6<sup>th<\/sup> and 8<sup>th <\/sup>respectively.<\/p>\n<p align=\"justify\">While Greece has consistently been considered complex, particularly within accounting and taxation (A&amp;T), its HR and payroll (HRP) functions have increased in complexity in 2024.<br \/>Limited knowledge of these complexities can often compel foreign investors to seek third-party advisors for A&amp;T and HRP, only increasing costs.<\/p>\n<p align=\"justify\">France has also seen a rise in new regulations in 2024, including UBO identification and tax changes, which has also increased compliance costs. In addition, stringent labour regulations designed to protect employees make workforce adjustments challenging, increasing hiring and retention costs.<\/p>\n<p align=\"justify\">Whereas Denmark\u2019s efforts to streamline business activities, notably through digitising taxation processes, have significantly eased business setup and reporting, making it faster and less complex.<\/p>\n<p align=\"justify\">And thanks to its client-friendly approach to laws, regulations and process, the Netherlands regularly ranks as one of the simplest jurisdictions for business operations. The country&#8217;s regulatory stability, support for new ventures, and strong ecosystems for fintech and AI-driven businesses remain attractive to foreign investors.<\/p>\n<p align=\"justify\">TMF Group\u2019s Head of EMEA, Frank Welman, said: \u201cThe GBCI outlines the challenges of doing business within certain European countries despite their apparent attractiveness. We hope to see more companies reaching out to partners and advisors to ensure compliance with the evolving rules and regulations &#8211; especially when doing business across borders.\u201d<\/p>\n<p align=\"justify\"><strong>Media Contacts: <\/strong><\/p>\n<p align=\"justify\"><strong>TMF GROUP:<\/strong><br \/>Giampaolo Arghittu<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=frjzFRw3fH2FvYA3BCPy0NZd6UgZXOxX4Rc3cYUijcg00O0_nPmwBmQEY_FqFVmAfxuafvyPcWYJXJk2Z8XE7j0r8NN4Xp5NeIJSIIiraU-x04w7TTgZasN6KAdCD-qIFcOcX9ymVKe74QdptwO4Lw==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"giampaolo.arghittu@tmf-group.com\">giampaolo.arghittu@tmf-group.com<\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/ml-eu.globenewswire.com\/media\/NmE4MzI0YjItMGEyMS00NzQ5LWFjMWUtMmFjYzMzMjQyZmVhLTEzMDA1NTI=\/tiny\/TMF-Group-B-V-.png\" referrerpolicy=\"no-referrer-when-downgrade\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>LONDON, June 03, 2024 (GLOBE NEWSWIRE) &#8212; TMF Group, a leading provider of compliance and administrative services, today launches the 11th edition of the Global Business Complexity Index (GBCI). The comprehensive report analyses 79 jurisdictions which account for 93% of the world\u2019s total GDP and 88% of net global FDI inflow. It compares 292 annually [&#8230;]\n","protected":false},"author":1,"featured_media":79226,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-55913","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.6 (Yoast SEO v21.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>GBCI report: Denmark and the Netherlands confirm their positions amongst the 10 easiest countries in which to do business. Greece overtakes France as Europe\u2019s most complex jurisdiction - Biz and Live in Saigon<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/english.saigonbiz.com\/vn\/gbci-report-denmark-and-the-netherlands-confirm-their-positions-amongst-the-10-easiest-countries-in-which-to-do-business-greece-overtakes-france-as-europes-most-complex-jurisdiction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GBCI report: Denmark and the Netherlands confirm their positions amongst the 10 easiest countries in which to do business. Greece overtakes France as Europe\u2019s most complex jurisdiction\" \/>\n<meta property=\"og:description\" content=\"LONDON, June 03, 2024 (GLOBE NEWSWIRE) &#8212; TMF Group, a leading provider of compliance and administrative services, today launches the 11th editio\" \/>\n<meta property=\"og:url\" content=\"https:\/\/english.saigonbiz.com\/vn\/gbci-report-denmark-and-the-netherlands-confirm-their-positions-amongst-the-10-easiest-countries-in-which-to-do-business-greece-overtakes-france-as-europes-most-complex-jurisdiction\/\" \/>\n<meta property=\"og:site_name\" content=\"Biz and Live in Saigon\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SaigonbizGroup\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-11T03:58:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/english.saigonbiz.com\/vn\/wp-content\/uploads\/2024\/06\/TMF-Group-B-V-.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1\" \/>\n\t<meta property=\"og:image:height\" content=\"1\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/english.saigonbiz.com\/vn\/gbci-report-denmark-and-the-netherlands-confirm-their-positions-amongst-the-10-easiest-countries-in-which-to-do-business-greece-overtakes-france-as-europes-most-complex-jurisdiction\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/english.saigonbiz.com\/vn\/gbci-report-denmark-and-the-netherlands-confirm-their-positions-amongst-the-10-easiest-countries-in-which-to-do-business-greece-overtakes-france-as-europes-most-complex-jurisdiction\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/english.saigonbiz.com\/vn\/#\/schema\/person\/267b348e6cf32a66aab33637c2d399a6\"},\"headline\":\"GBCI report: Denmark and the Netherlands confirm their positions amongst the 10 easiest countries in which to do business. 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