Poland was ranked 2nd in Europe and 10th in the world among the countries with the most complex regulations regulating business, according to the TMF Group report “Global Business Complexity Index 2021”. This is Poland’s worst result in history. The hardest place in the world to do business is Brazil, and in Europe: France.
For the first time in the history of preparing the report, Poland found itself in the group of ten countries in which it is the most difficult to do business, closing this rank. In Europe, it is more difficult to do business in France than in Poland.
“The worst result of Poland in history in terms of the ease of doing business results from the frequently changing law, low transparency as to its application rules and a smaller package of amenities for foreign investors than in other countries” – said Joanna Romańczuk, the managing director of TMF Group in Poland.
As we read in the report, the main challenge for Poland is “to simplify administrative requirements for enterprises and to take steps towards full digitization and unification similar to the Nordic countries”.