New Zealand is now the world’s easiest place to do business, a new World Bank study found, pushing Singapore out of its decade-long place at the top of the widely followed rankings.
To start a company, applicants in the Kiwi economy only need to undertake a single procedure that takes half a day of processing, versus the global average time of 21 days. New Zealand also took the top spot when it came to dealing with construction permits, registering property, getting credit, and protecting minority investors.
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