Denmark retains position among best in the world for doing business

Danes ranked third on annual World Bank report

Christian Wenande

Nov 2, 2018

According to the World Bank’s newly-published Doing Business 2019 report, Denmark remains one of the top countries in the world when it comes to doing business.

As was the case last year, the report ranked Denmark third behind top performers New Zealand and Singapore and just ahead of Hong Kong and South Korea.

“The top three economies this year – New Zealand, Singapore and Denmark –exemplify a business-friendly environment,” the report (here in English) found.

READ MORE: Danes have never had it so good – report

Reform improvement
In the sub-categories, Denmark ranked first for Trading across Borders, fourth for Dealing with Construction Permits, sixth for Resolving Insolvency, ninth for Paying Taxes, eleventh for Registering Property and 14th for Enforcing Contracts – an area in which doing business had been made easier due to a reform.

It’s lowest score was 44th for Getting Credit, while Starting a Business (42), Protecting Minority Investors (38) and Getting Electricity (21) were among the lower scores.

Georgia, Norway, the US, the UK and Macedonia completed the top 10, while other notables included Sweden (12), Finland (17), Australia (18), Iceland (21), Canada (22), Germany (24), Russia (31), Japan (39), China (46), Mexico (54), India (77), South Africa (82), Brazil (109) and Nigeria (146).

Somalia was listed as the worst country in the world for business, preceded by Eritrea, Venezuela, Yemen and Libya.

“Talents, start using AI tools now,” says Siri and Change.org founder

In an exclusive interview with The Copenhagen Post, the founder of Siri and Change.org, and currently VP of AI Experience at Airbnb, gives young talents advice on how to deal with the job market changed by artificial intelligence.
Testing free school meals for 20,000 kids and tax deduction for homeowners in 2025 Finance Act

The government has reached an agreement on next year’s Finance Act with SF and Radikale Venstre. A test on free school meals for a limited number of children will be introduced. Homeowners will get more options for deductions for home improvements
Make your voice heard as an expat

In my last op-ed, I made the case that we, expats living in Denmark, need to step up if we want to tackle the headaches that seem baked into expat life—e.g., counterintuitive laws and endless paperwork. With almost 16% of Denmark’s population made up of internationals, we actually have the numbers to influence real change. But after publishing the last op-ed, several readers contacted me and asked: Okay, but what can we actually do?
Danish politicians will double life science exports in a few years

“Strategy for life science” is a policy agreement to support the pharmaceutical industry’s opportunities to double exports to DKK 350 billion towards 2030
Royal House unveils new portraits of King Frederik and Queen Mary

Ten months after Frederik went from crown prince to king, new civil portraits of the new royal couple have been taken.
“Without internationals, we wouldn’t have the people we need,” says Fujifilm

Fujifilm’s Hillerød facility thrives with a diverse workforce, employing over 1,800 people from more than 65 nationalities. Morten Munk, Director of Global Alliance Management, highlights how the company’s rapid growth relies on attracting international talent due to Denmark’s limited pool of scientific professionals.

Connect Club is your gateway to a vibrant programme of events and an international community in Denmark.

5 Dec: A guided tour of Christiansborg

Career

“Talents, start using AI tools now,” says Siri and Change.org founder

In an exclusive interview with The Copenhagen Post, the founder of Siri and Change.org, and currently VP of AI Experience at Airbnb, gives young talents advice on how to deal with the job market changed by artificial intelligence.
“Without internationals, we wouldn’t have the people we need,” says Fujifilm

Fujifilm’s Hillerød facility thrives with a diverse workforce, employing over 1,800 people from more than 65 nationalities. Morten Munk, Director of Global Alliance Management, highlights how the company’s rapid growth relies on attracting international talent due to Denmark’s limited pool of scientific professionals.
“Now the biggest challenge is to retain internationals”, says Ferring

Mads Hougaard, senior HR director at the pharmaceutical company, explains that “it is also a challenge for society itself. I think collaboration between institutions, companies, and stakeholders could be beneficial.”

Want to advertise your job with CPH Post?

Jobs