What Are Some Examples of Successful Regulatory Simplification Initiatives?
Several countries have implemented successful regulatory simplification initiatives that have positively impacted entrepreneurship:
Singapore: Known for its business-friendly environment, Singapore has a streamlined process for starting a business, often taking only a few hours to complete. Estonia: Estonia's e-Residency program allows entrepreneurs from around the world to establish and manage a company online, with simplified regulatory procedures. New Zealand: Consistently ranked among the easiest places to do business, New Zealand has simplified tax codes and business registration processes.