Denmark is best country for business in 2014

Denmark is best country for business in 2014
20.02.2015

Denmark’s business climate is extremely positive despite its recent economic challenges following the financial crisis.
 

Denmark scores highly across the board, finishing in the top 25 in each of the 11 categories considered with top five showings for personal freedom, technology and low corruption. Moreover, Denmark is one of the most entrepreneurial countries in the world. The government streamlines the startup process with only four procedures needed to start a new business and at minimal costs. The regulatory climate is also one of the most efficient.

One of the keys to Denmark’s pro-business climate is the flexible labour market known as “flexicurity,” where companies can easily fire and fire workers with out-of-work adults eligible for significant unemployment benefits. Unemployed workers are also eligible for training programmes. It creates one of the most productive workforces in Europe.