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I guess it depends on the definition of ‘economically free’. Maybe it is easier/less regulated opening a business in Saudi than in France? Or just faster and le
by docdeek 5y ago
I guess it depends on the definition of ‘economically free’. Maybe it is easier/less regulated opening a business in Saudi than in France? Or just faster and less paperwork? Maybe it is far easier to hire/fire people in Saudi?
- Clewza313 5y agoHaving worked there for a while, everything about running a business in Saudi is pretty nightmarish. But importing virtual slave labor from the third world and working them to death (all too often literally) is cheap.
- sparsely 5y agoThat's the same sort of freedom that the foundation's name refers to, so SA scoring well adds up.
- baybal2 5y agoSaudi Arabia has a 0% tax rate. Though, I will second a neighbour comment from Clewza313. The veil of regulatory liberalism of Gulf countries crumble after your first in person interaction with a local official.
- tablespoon 5y ago> I guess it depends on the definition of ‘economically free’. Maybe it is easier/less regulated opening a business in Saudi than in France? Or just faster and less paperwork? Maybe it is far easier to hire/fire people in Saudi? A lot of it is probably partially due to dumb methodology. They have Saudi Arabia's tax burden rated at 99.1%, but that's probably because Heritage is all less taxes == more better and Saudi Arabia's government is basically a state-owned oil company, so they basically don't tax at all.