Once again Spain ranked as one of the worst countries in OECD on which to start a business. A report by the World Bank Group states that Spain is among the bottom five counties of the 34 OECD countries, with only Germany, Austria, the Czech Republic and Poland with a worse place to start a company.
The report state that entrepreneurs in Spain often face complexity in setting up shop. One of the main challenges is to deal with many different levels of government, including the national government, the regions, the provinces and the municipalities, that may have different legislation and requirements.
Overall the report places Spain at number 33rd globally in regards to ease of doing business in general.
The Bright Side
Luckily its not only bad news for spanish entrepreneurs. Spain was among the economies in the world that made the greatest advances in tax payments systems the last two years. A new tax reform program in 2014 was introduced to help and encourage entrepreneurs and investors.