With new and varying regulatory legalisation in
countries all over the globe, staying compliant with reporting and
avoiding penalties can be a real headache for
businesses.
TMF Group's
Global Business Complexity Index (GBCI), a report which
compares key administrative and compliance demands across 76
jurisdictions, positions Greece at the peak of business complexity.
With complicated and rapidly changing legislation, we found this
country unexpectedly surpassing the usual suspects – UAE,
China and Brazil, which were high in the rankings.
The
GBCI report helps guide anyone who wants to invest and operate
around the world through three fundamental and inextricably-linked
enterprise areas: rules, regulations and penalties; accounting and
tax; and HR (hiring, paying and firing employees). All critical to
operating and expanding businesses globally.
