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ARTICLE · 19 JUNE 2023

GBCI 2023: Entity Management And Business Complexity

TMF Group BV
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TMF Group's Global Business Complexity Index 2023 explores 292 different indicators relating to business complexity. Our analysis covers three core areas of business administration, and ultimately assigns...

GlobalCorporate/Commercial Law
TMF Group
TMF Group
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TMF Group's Global Business Complexity Index 2023 explores 292 different indicators relating to business complexity. Our analysis covers three core areas of business administration, and ultimately assigns an overall complexity score to each of the jurisdictions assessed.

This article focuses on the first of those key areas of business: global entity management. Here we take a closer look at some of the findings from this year's Global Business Complexity Index (GBCI), along with commentary from our subject matter experts.

Business incorporation and operation has remained stable in 2023

Globally, the steps a foreign business needs to take to incorporate in a jurisdiction has remained stable compared to last year. This includes the length of time to incorporate a business, the number of bodies needed to register with, and the type of professional parties required.

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