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Pink Slips and Red Tape

New Zealand is the easiest country in which to conduct business, according to a new World Bank report, "Doing Business in 2005." If you’re looking to start a business pronto, though, Australia is your best bet: Opening up shop there takes only two days, whereas in Haiti, the process takes more than six months. If ...

New Zealand is the easiest country in which to conduct business, according to a new World Bank report, "Doing Business in 2005." If you’re looking to start a business pronto, though, Australia is your best bet: Opening up shop there takes only two days, whereas in Haiti, the process takes more than six months.

If you manage to start a business in Uzbekistan, choose employees with care, because they’ll be hard to dismiss. An Uzbek employer must document several instances of drunkenness or insubordination, offer the employee an alternative placement for a trial period, and then apply — with little chance of success — to the ministry of labor for permission to fire them. The result? More than a third of economic activity in Uzbekistan is underground. Whereas in Canada, it is almost as easy as saying, "You’re fired."

START ME UP: TIME REQUIRED TO START A BUSINESS

 Quickest (days)              Slowest (days)
 1. Austrailia  2 1. Haiti  203
 2. Canada    3 2. Laos  198
 3. Denmark  4 3. Dem. Rep. of Congo  155
 4. United States 5 4. Mozambique  153
 5. Puerto Rico  7 5. Brazil  152

THE SACK RACE: DISMISSING PEOPLE WORLDWIDE

Hardest 
 Easiest
 1. Uzbekistan  1. Canada
 2. Tunisia  2. Costa Rica
 3. Angola  3. Hong Kong
 4. Nepal  4. Jamaica
 5. Mexico  5. Japan

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