Tag Archives: Five Countries In The Caribbean Where Its Harder To Start A Business

Five Countries In The Caribbean Where Its Harder To Start A Business

Five Countries In The Caribbean Where Its Harder To Start A Business

Published on Oct 31 2016, at 8:26 pm

doing-business-2017-latin-america-caribbean

By NAN Business Editor

News Americas, WASHINGTON, D.C., Tues. Nov. 1, 2016:  Trying to start a business in the Caribbean? Five countries in the region scored below 100 on the latest World Bank Group’s ‘Doing Business’ rankings for 2017. They are: 1: Haiti  2: Suriname 3: Grenada  4: St. Kitts And Nevis  5: Guyana

1: Haiti

Haiti, one of the poorest nations in the Western Hemisphere, scored the lowest on the Doing Business Ranks for the entire Caribbean, according to the World Bank report. The country ranked 181st globally out of 190, scoring just 38.66 out of 100 on the score card that measured regulation that affects  small  and  medium-size  enterprises  operating  in  the  largest  business  city  of  an  economy across  11  areas including starting a business, dealing with  construction  permits,  getting  electricity, registering property, getting credit, protecting    minority    investors,    paying    taxes,  trading  across  borders,  enforcing  contracts  and  resolving  insolvency.     Continue reading