The World Bank has released its annual report ranking the best places to do business. New Zealand remained at the top this year after making it cheaper to set up a company. The U.K. fell on the list after negotiating an exit from the European Union. The rankings were assessed based on the ease and difficulty of almost every facet of operating a business. This ranges from incorporating a new entity to the ease of turning on the power. Of the 190 economies that were analyzed, Somalia came in last place again this year. Read more here.

Source: Bloomberg

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ABOUT MIKE MERCURIO

Mike Mercurio | mmercurio@offitkurman.com | 301-575-0332 | Biz Tek Today

Mr. Mercurio is a Principal and the Chair of the Firm’s Business Law and Transactions Practice Group. He serves as outside general counsel to clients on matters related to corporate and business law, commercial transactions, government contracting, healthcare, construction services, and real estate. As a strategic partner to firm clients, Mr. Mercurio regularly counsels entrepreneurial individuals and assorted entities on all aspects of business and commerce including formation and structure; ownership, management, and control; financing and capital; expansion and acquisition; sale and transfer; and contraction and dissolution.

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