The Global Business Complexity Index 2025
The GBCI is TMF Group’s annual overview of the complexity of establishing, operating and expanding businesses all around the world. Exploring factors driving the success or failure of international business, our report and rankings highlight emerging trends, alongside the local intricacies found across multiple jurisdictions.



The Global Business Complexity Index
Insights that cut through the complexity of operating and investing around the world.
The GBCI is based on 292 indicators relating to business complexity, and provides in-depth analysis of the global and local challenges that affect the ease of doing business around the world. These data points are used to compile a global ranking of 79 jurisdictions, based on the complexity of their business environments.
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 in which to do business
- The effect of a shifting geopolitical landscape on the world’s trade corridors and supply chains – and what businesses are doing in response
- The trends dominating the global labour market and how employers are adapting their strategies
- The future of the business environment amidst worldwide uncertainty
GBCI through the years
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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. with over 11,000 colleagues in more than 125 offices across 87 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. Learn more about us Learn more about usExpand 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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