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My experience in Canada in starting a business agrees with its 2nd place rank. It only took a couple of hours to get an incorporated business setup, as long as
by dboyd 16y ago
My experience in Canada in starting a business agrees with its 2nd place rank. It only took a couple of hours to get an incorporated business setup, as long as it's a numbered company (e.g., 4312341 Alberta Inc., although, I forget what my number was). It's a couple more hours to open a bank account, make a shareholder loan, and get company cheques (sic).
All in all, it takes about a morning to have a legal operating funded company up and running.
Of course, revenue is another story :).
- ursablanco 16y agoI agree, in Canada it seems trivial. Perhaps the study presumes some lower level of capacity, literacy or computer ability. The numbers for 'enforceability of contracts' and 'paying taxes' are absurd. Puts the rest of the results in doubt.