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The tenth edition of the Global Business Complexity Index marks a decade of invaluable insight from TMF Group on the challenges of doing business across borders.

Since the publication of the first report in 2013, the GBCI has increased in size and scope, now ranking 78 jurisdictions for the complexity of their business environments.

Explore the evolution of the GBCI Explore the evolution of the GBCI

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GBCI 2023: Layers of complexity: the challenges of cross-border business compliance

Planning international expansion, or managing existing cross-border operations, is challenging in the current geopolitical, economic and regulatory climate. Our latest report can help you to cut through the layers of corporate compliance complexity, to invest and operate safely and efficiently.

Explore the challenges in 78 jurisdictions

The Global Business Complexity Index 2023

Insights to cut through the complexity of operating and investing around the world.

Entering into new markets, or managing existing cross-border operations, can pose many challenges for businesses. Our report helps you to cut through the layers of corporate compliance complexity, wherever you operate.

Based on exhaustive proprietary research and our analysis of over 22,000 data points, the Global Business Complexity Index provides an authoritative overview of the complexity of establishing and operating businesses around the world.

Our analysis identifies key trends and sheds light on how business complexity affects three core areas of business administration:

Accounting and tax
Global entity management
HR and payroll
Download the report to discover:

Which jurisdictions rank as the most complex – or the simplest – based on their business environments.
The impact of geopolitical and economic factors such as inflation and conflict on businesses’ growth and expansion plans.
How global compliance requirements are evolving and the consequences for the attractiveness of jurisdictions around the world.
The increasing importance of ESG considerations and how these are being incorporated into business practices.

Global Business Complexity Index 2023:

Cut through the layers of corporate compliance complexity

 

This document, as well as any data and map included herein, are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area. Extracts from publications may be subject to additional disclaimers, which are set out in the complete version of the publication, available at the link provided.


GBCI 2023: Global Themes

Planning international expansion, or managing existing cross-border operations, is challenging in the current geopolitical, economic and regulatory climate.

Explore the Global Business Complexity Index rankings, analysis and global trends to help you to cut through the layers of corporate compliance complexity.

The Global Business Complexity Index sheds light on complexity across three core areas of business administration:

  • Accounting and tax
  • Global entity management
  • Payroll and HR

This year’s analysis reveals three global trends:

  • Geopolitical and economic turbulence
  • Global compliance challenges
  • Environmental, social and governance (ESG) considerations


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We make a complex world simple

TMF Group is a leading provider of critical administrative services, helping clients invest and operate safely around the world. More than 10,000 colleagues in 125 offices across 86 jurisdictions provide local expertise. Our locations cover 92% of world GDP and 95% of FDI inflow.

We are a key part of our clients’ governance, providing the accounting, tax, payroll, fund administration and legal entity management services essential to their success. We make sure rules are followed, reputations protected and operational compliance maintained. We work with the majority of the Fortune Global 500, FTSE 100 and top 300 private equity firms.

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Expand your business efficiently across borders

Get in touch to find out how we can help your organisation grow in a complex world.

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