Mexico One of the Easiest Countries to Start a Business in Latin America Pierre-Marc Rene and Ivette Saldana - El Universal
go to original October 31, 2014

Read the full report: Doing Business 2015: Going Beyond Efficiency (PDF)

Mexico's reforms helped the country climb four sports in the World Bank's Ease of Doing Business ranking, from the 43rd to the 39th position.

According to the report, entitled "Doing Business 2015: Going Beyond Efficiency", Mexico is one of the five easiest countries to open a business in Latin America, along with Colombia, Peru, Chile and Puerto Rico.

In Mexico, opening a business takes 6.3 days, six procedures and costs 18.6% of the per capita income.

The report added that "Mexico improved access to credit by amending its insolvency proceedings law and establishing clear grounds for relief from a stay of enforcement actions by secured creditors during reorganization proceedings. And it made resolving insolvency easier by shortening the time extensions during reorganization proceedings and facilitating electronic submission of documents."

It also said that "Mexico shortened the time extensions allowed during reorganization proceedings and made it easier to submit documents electronically."

Read the rest at El Universal

Mexico News Network's top 5 reasons to invest in México, a nation that is an excellent option for starting up a business, exporting and committed to success. (Mexico News Network)

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