Singapore ranks 2nd least complex country to do business in Asia Pacific

SINGAPORE (July 30): Singapore is the second least complex country in the Asia Pacific (APAC) for corporate compliance, according to a report by TMF Group, a provider of business services.

The report titled the Compliance Complexity Index, ranks 84 jurisdictions based on the difficulty of adhering to local business regulations and associated issues – such as local reporting requirements, and the time taken to set up companies.

Australia takes the top spot as the least complex jurisdiction in APAC, while New Zealand takes the third spot, followed by Korea and Japan.

---

Related Stories

• Listcos have begun climate-related disclosures, but reports largely unaudited: EY
• ISSB standards 'best chance we have' at consistent sustainability reporting: SGX RegCo
• Private companies with $1 bil annual revenue could face mandatory climate reporting from FY2027: Acra, SGX RegCo

---