GBCI report: Mainland China ranks among the most complex APAC jurisdictions in which to do business. Hong Kong, SAR remains the least complex APAC country to invest in

LONDON, June 4 (Bernama-GLOBE NEWSWIRE) — TMF Group, a leading provider of compliance and administrative services, has today launched the 11^th edition of the Global Business Complexity Index (GBCI). The annual report analyses 79 jurisdictions across the globe, offering data on key aspects of doing business around the world.

At 11^th place, Mainland China ranks as the most complex APAC jurisdiction within this year’s GBCI, moving up from 15^th place in 2023. It is followed by Kazakhstan at 10^th and then by Indonesia at 16^th and South Korea at 19^th. This year’s study found Mainland China’s complexity to be driven by the localisation of e-invoicing in accounting, leading to new requirements around management and digital archiving.

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