Caribbean Countries where its easiest to start a business
According to the 2014 world bank doing business report, St Lucia tops the list of Caribbean Countries in terms of ease of doing business. However as it relates to starting a business, Its easiest to start a business in Jamaica. Here is an info-graphic that shows the top 10 Caribbean countries where its easiest to start a business.
1.
Jamaica: World Bank 2014 ease of starting a
business ranking - 23
·
Days to register a firm- 6
·
Deposit in bank- 0% of national income
·
Conduct name search and prepare incorporation
documents- 1 days
·
Register with commercial registry- 1 days
·
Cost (% of national income)- 6.4
2.
Dominica: World Bank 2014 ease of starting a
business ranking - 51
·
Days to register a firm- 12
·
Deposit in bank- 0% of national income
·
Conduct name search and prepare incorporation
documents- 1 days
·
Register with commercial registry- 2 days
·
Cost (% of national income)- 16.5
3.
St Lucia: World Bank 2014 ease of starting a
business ranking - 57
·
Days to register a firm- 15
·
Deposit in bank- 0% of national income
·
Conduct name search and prepare incorporation
documents- 2 days
·
Register with commercial registry- 6 days
·
Make Company seal- 7 days
4.
Trinidad and Tobago: World Bank 2014 ease of
starting a business ranking - 67
·
Days to register a firm- 37.5
·
Deposit in bank- 0% of national income
·
Conduct name search and prepare incorporation
documents- 1 day
·
Register with commercial registry- 4 days
·
Make Company seal- 2 days
5.
St Vincent: World Bank 2014 ease of starting a
business ranking - 68
·
Days to register a firm- 10
·
Deposit in bank- 0% of national income
·
Conduct name search and prepare incorporation
documents- 2 days
·
Register with commercial registry- 2 days
·
Cost (% of national income)- 17.2
6.
Grenada: World Bank 2014 ease of starting a
business ranking - 72
·
Days to register a firm- 15
·
Deposit in bank- 0% of national income
·
Conduct name search and prepare incorporation
documents- 5 days
·
Register with commercial registry- 5 days
·
Make Company seal- 2 days
·
Cost (% of national income)- 19.7
7.
St Kitts: World Bank 2014 ease of starting a
business ranking - 73
·
Days to register a firm- 18.5
·
Deposit in bank- 0% of national income
·
Conduct name search and prepare incorporation
documents- 2 days
·
Register with commercial registry- 3 days
·
Make Company seal- 5 days
·
Cost (% of national income)- 8.7
8.
Barbados: World Bank 2014 ease of starting a
business ranking - 77
·
Days to register a firm- 18
·
Deposit in bank- 0% of national income
·
Conduct name search and prepare incorporation
documents- 4 days
·
Register with commercial registry- 2 days
·
Make Company seal- 1 days
·
Cost (% of national income)- 7.2
9.
Bahamas: World Bank 2014 ease of starting a
business ranking - 83
·
Days to register a firm- 23.5
·
Deposit in bank- 0% of national income
·
Conduct name search and prepare incorporation
documents- 2 days
·
Register with commercial registry- 10 days
·
Make Company seal- 3 days
·
Cost (% of national income)- 10.4
10.
Antigua and Barbuda: World Bank 2014 ease of
starting a business ranking - 92
·
Days to register a firm- 21
·
Deposit in bank- 0% of national income
·
Conduct name search and prepare incorporation
documents- 4 days
·
Register with commercial registry- 10 days
·
Make Company seal- 5 days
·
Cost (% of national income)- 10.5