Denmark is the best place for business in Europe

Denmark is the best country for doing business out of 46 nations considered according to the international organisation EuCham.

The EuCham score measures the overall business context constituted by corporate environment, legislation, government policies, social climate and conditions which enable or prevent the private sector activities from starting, operating and expanding, both in the short and in the long term.

Denmark tops this year’s rankings with the best economic environment out of the 46 nations considered in the analysis.

“The ranking confirms that Denmark has one of the world’s most attractive and innovative business environments. Greater Copenhagen offers highly competitive taxes and business costs, a famously flexible labour market with a highly skilled workforce, and innovative companies and industry clusters”, says Claus Lønborg, CEO, Copenhagen Capacity, who assists foreign investors, businesses and talent in setting up and growing their business in Greater Copenhagen.

Related news: hedgehog lab opens European headquarters in Copenhagen

About Best European Countries for Business 2017

EuCham statistically analyses and summarises business and society-related data from a combination of reliable primary sources about the European continent (usually covering up to 48 countries).

To assess European countries based on their business environment, EuCham blends two different scores: the DTF score of the World Bank and the CPI score of Transparency International, since business integrity and transparency play an important role in a country’s business environment. Read more here.

Related news: World Bank: Denmark is easiest country for business in Europe six years in a row

The DTF score by the World Bank, from Doing Business report, measures the distance of each country’s economy to the frontier, mirroring the best performance on each indicator across all economies such as:

  • Starting a business
  • Paying taxes
  • Trading across borders
  • Property registration.

Related news: Denmark is the least corrupt country in the world

How can we help you?

If you want to know more about investing or doing business in Greater Copenhagen, please contact Marianna Lubanski, Director of Investment Promotion, via email: mlu@copcap.com or phone: 0045 33 30 07 50.