World Bank:  

Denmark second easiest place to do business in Europe 2011

2010.11.09

The World Bank ranks Denmark as the second easiest place in Europe to do business in 2011. Denmark ranks number six in the world among 183 countries.

Companies looking for a trouble-free environment for their investment in Europe should take a serious look at Denmark.

Denmark consistently ranks very high on the World Bank’s “Doing Business” index, that compares business regulation in 183 economies in the world. In 2011 Denmark ranks number six globally and second in Europe just as last year.

Director of Invest in Denmark, Ministry of Foreign Affairs of Denmark, Mr. Ole Frijs-Madsen comments:

“Today’s ranking of Denmark by the World Bank acknowledges the plug’n’play business set-up we have been building for years.

Domestic and foreign companies benefit from transparent and efficient public government services, which allows companies to quickly dig into one of Europe’s most skilled talent pools. This is why many foreign companies choose Denmark, for example when establishing R&D centers or regional headquarters in Europe within CleanTech, Life Science, ICT or Maritime Industries.

The attractiveness of Denmark’s business climate was very recently confirmed, when Denmark came out on top of Forbes Magazine’s prestigious global league table of “Best Countries for Business” for the third year running.”

World Bank report builds on thorough research

No less than 11 areas of business life are covered in the World Bank report on the easiness of doing business. These include business start-up, construction permits, property registration and trading across borders.

This year Denmark was noted for having eased business start-up by reducing the minimum capital requirement for limited liability companies, and for the computerization of Denmark’s land registry, which has cut the number of procedures required to register property by half.

Study Denmark in the World Bank report on Doing Business 2011.

Forbes: Denmark has modern market economy with a state-of-the-art industry

Denmark excels by having a minimal level of corruption, strong personal freedom and favorable property rights. But also when it comes to access to modern technology and innovation, Denmark is at the forefront according to Forbes Magazine’s yearly report.

“This thoroughly modern market economy features a high-tech agricultural sector, state-of-the-art industry with world-leading firms in pharmaceuticals, maritime shipping and renewable energy”, Forbes Magazine notices in its report.

Forbes Magazine’s global league table “Best Countries for Business” is based on facts and figures from the World Economic Forum, Transparency International, Freedom House and the World Bank among others.

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