Five Worst Countries To Start Business

By siliconindia   |    1 Comments
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Fremont: While the Western countries including the U.S. and the European countries are facing an economic slowdown, there are several other countries who irrespective of good economy have become the worst place to start business. Below mentioned are five such countries that one will never think of starting business in.

Argentina

Argentina, worst country to start businessRanked 83 by World Audit Corruption, Argentina has one of the lowest rankings when it comes to acquiring construction permit. It takes a time frame of one year to get a construction permit. In 2002, Argentina defaulted on its debt that led foreign investors to flee the country. Since then, the government has been taking measures to enforce several steps to decipher the issue.

 



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