The tax team at Karanović & Nikolić has participated in the 13th Edition of Doing Business 2016 – Measuring Regulatory Quality and Efficiency, a World Bank Group Flagship Report. Renowned as one of the most influential policy publications across the globe, Doing Business provides a detailed analysis on the state of health of world-wide economies.

These economies have been analysed across 10 areas of business regulation, through case studies concerning the process of starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency.

The data provided by the tax team helped rank the countries encompassed by our jurisdictions with Macedonia leading the way at no.12, and Slovenia, Croatia, Montenegro, Serbia, and Bosnia following at no.29, 40, 46, 59 and 79, respectively.