Colombia is the fifth-largest economy in Latin America in terms of GDP. The country boasts one of the best coffees in the world, rich natural resources, abundant gold and emerald production, and a relatively educated populace. And despite its international reputation for drug cartels and violence, the latest Doing Business 2011 ranking suggests things could be improving. Colombia is ranked number 39 among 183 countries in terms of the ease of doing business
According to Endeavor Colombia, the strong positioning in the World Bank´s Doing Business ranking is due to the fact that over the past four years the Colombian government and the private sector have worked on simplifying and reforming processes that promote entrepreneurship and new business generation. Consistent improvement in processes related to starting a business, dealing with construction permits, paying taxes and trading across borders made Colombia the #1 reformer in Latin America and #8 worldwide in the 2009 Doing Business report.
To read the full, original article click on this link: Colombias Bulletproof Entrepreneurs - Entrepreneurship.org
Author: Jonathan Ortmans
