New Zealand ranked top in the world for ease of starting a business
Published: 13.10.2009
The World Bank Doing Business indicators for 2009 have been released and New Zealand is now ranked number one in the world for ease of Starting a Business.
The Starting a Business indicator assesses the procedures and costs associated with setting up a business. This great result has been attributed to the introduction of the Companies Office and Inland Revenue joint initiative which enables new companies to apply for an IRD Number and register for GST at the point of incorporation. Other contributing factors were the introduction of a lower corporate tax rate and insolvency law reforms.
To read more visit the Companies Office website.
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