10 Worst Places In The World To Start A Startup
2. Ukraine
FDI 2010 - $6.5 billion
GDP 2010 –$137.9 billion
Ukraine is Europe’s second largest country and ranks 2 in the list of world’s worst place to do business in. It has rigid tax rules that disgusts foreign investments. It takes 27 days just to pay taxes and more than double time to get a permit to construct in Ukraine as compared to other countries in this list. It is known to be the worst country to set up a business due to its disturbed political conditions and the violent society.
