Global Benchmark Complexity Rank

This chart shows  Global Benchmark Complexity Rank by Country..

Benchmarking is the process of comparing one's business processes and performance metrics to industry bests and best practices from other companies. Dimensions typically measured are quality, time and cost. In the process of best practice benchmarking, management identifies the best firms in their industry, or in another industry where similar processes exist, and compares the results and processes of those studied to one's own results and processes. In this way, they learn how well the targets perform and, more importantly, the business processes that explain why these firms are successful.

The Global Benchmark Complexity Index provides a valuable source of information for in-house teams who need to understand and predict where annual company secretarial compliance may be challenging. This is particularly acute when a multinational is considering expansion into new jurisdictions. An appreciation of a jurisdiction’s complexity informs the timescale to set up a legal entity and for it to be operationally-ready, the level of technical expertise required during the establishment phase and the effective performance of ongoing compliance obligations in that jurisdiction.