The Ten Most Complex Jurisdictions For Doing Business In 2023

TMF Group's Global Business Complexity Index 2023 explores 292 different indicators relating to business complexity, to provide in-depth analysis of the global and local challenges that impact on the ease of doing business around the world.

Here, we take a closer look at the jurisdictions that top this year's index, exploring the factors that contribute to their position at the top of the ranking. While business complexity is high in these locations, opportunity often awaits those who can navigate it successfully.

Our message isn't to avoid investing in complex jurisdictions; rather, it is to invest with eyes open, and be ready to manage the rules that might otherwise put your operations at risk.