USA ranks number seven in ease of doing business in the year 2016

USA ranks 7th place in the ease of doing business global ranking 2016 according to the World Bank group. USA managed to maintain on the same spot since 2015. USA ranks 49 in starting business and ranks 53 in paying taxes in the global ranking 2016. In USA it takes less than a day to reserve the company’s business name (optional), file the company’s articles of organization and adopt the company’s operating agreement, apply for federal identification number (EIN) for tax and employer purposes, register as an employer with the Unemployment Insurance Division at the State Labor Department. More news here.