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Business - New Zealand's Advantages

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New Zealand is an excellent place to do business, as shown in several recent global surveys.

Ease of Doing Business

Foot traffic on Lambton Quay

In the World Bank ‘Doing Business in 2006’ study of more than 150 economies, New Zealand was ranked the number one place in the world for ease of doing business.

Doing Business Survey - World Bank website

Globally Competitive

The World Economic Forum’s ‘World Economic Global Competitiveness Report 2005-06’ ranked New Zealand 16th out of more than 100 economies, up two places from 2004. In addition, New Zealand’s public institutions ranked top of all countries in areas such as tax collection, judicial independence, property rights, and absence of corruption and organised crime.

Global Competitiveness Report – World Economic Forum website

Ethical

New Zealand's status as one of the most ethical places in which to live and do business was confirmed in a global survey of corruption practices. According to Transparency International, New Zealand rated second equal with Finland, behind Iceland, in its 2005 Corruption Perceptions Index (CPI) of 159 countries.

Corruption Perceptions Index - Transparency International website

Stable Economy

Among the advantages of doing business in New Zealand are a stable, open and competitive economy, a business-friendly government, competitive cost structures including a flexible labour market, low inflation policy and low corporate tax rates.

New Zealand also has a working day that spans the afternoon on the West Coast of America and Asia to breakfast in Europe.


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