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Denmark consolidates its place as one of the easiest places to do business in the world

A new analysis by TMF Group ranks Denmark as the easiest business jurisdiction in the world to do business in. Denmark has the least complex jurisdiction among the 77 included countries. 
When 02.07.2021
What
Business Conditions Liveability
Companies looking for a smooth way to set up and run their new business should choose Denmark as their destination. For years, Denmark has been the easiest place of doing business in Europe according to the World Bank.
Now, TMF Group’s new Global Business Complexity Index has also placed Denmark as the country where it is easiest to run a business. 
 

TMF Group highlights that Denmark’s position is due to: 

  • The easy process to set up a business, as it can be done within a day at a one stop entry point for all registrations
  • online governmental services offered in English and more and more are continuously being translated
  • commitment to digitise the jurisdiction and digital fluency as well as
  • support packages offered to businesses affected by the Covid-19 pandemic.  
quote ikon
“I am pleased to see international acknowledgement of the work we do in Denmark to provide the best possible conditions for businesses to flourish and strive. In particular, I am happy to see that the work we have done in Denmark to support business during the Covid-19 pandemic is also being recognised“
Steen Hommel State Secretary for Trade and Global Sustainability, Ministry of Foreign Affairs of Denmark
The Global Business Complexity Index 2021 includes the largest economies and investment hubs covering 71% of the world population, 92% of world GDP and 95% of net FDI inflow. It composes of 292 different indicators and in the shadow of Covid-19, this year’s ranking also include government support schemes.

Get to know TMF Group

  • TMF Group has over 9000 experts and 120 offices in 85 countries around the world working with more than 60% of the Fortune Global 500.
  • The Global Complexity Index is based on the business environment in terms of legislation, compliance, accounting procedures, tax regimes, HR rules and payroll procedures.
  • The quantitative analysis are supported by qualitative in-depth examples

Read more about the Global Complexity Index here.

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