As business starting procedures were simplified even more, Lithuania managed to remain in a high place – 11th – in terms of starting a new business. Lithuania’s score is higher than that of Belgium, Estonia, Latvia, Poland, France, Finland, Germany and other member-states of the European Union (EU).
On Doing Business 2015 Lithuania ranks 10th among 28 members-states of the EU. In the joint worldwide list Lithuania comes 24th among 189 countries.
On Doing Business 2015, Lithuania is ahead of the Netherlands (27th), France (31st) and Belgium (42nd). Like in the previous year, Singapore remains the most business-friendly country, while New Zealand (2nd) and Hong Kong (3rd) swapped places on this year’s list.