According to the 2014 world bank doing business report, St Lucia tops the list of Caribbean Countries in terms of ease of doing business. However as it relates to starting a business, Its easiest to start a business in Jamaica. Here is an info-graphic that shows the top 10 Caribbean countries where its easiest to start a business.
1. Jamaica: World Bank 2014 ease of starting a business ranking – 23
· Days to register a firm- 6
· Deposit in bank- 0% of national income
· Conduct name search and prepare incorporation documents- 1 days
· Register with commercial registry- 1 days
· Cost (% of national income)- 6.4
2. Dominica: World Bank 2014 ease of starting a business ranking – 51
· Days to register a firm- 12
· Deposit in bank- 0% of national income
· Conduct name search and prepare incorporation documents- 1 days
· Register with commercial registry- 2 days
· Cost (% of national income)- 16.5
3. St Lucia: World Bank 2014 ease of starting a business ranking – 57
· Days to register a firm- 15
· Deposit in bank- 0% of national income
· Conduct name search and prepare incorporation documents- 2 days
· Register with commercial registry- 6 days
· Make Company seal- 7 days
4. Trinidad and Tobago: World Bank 2014 ease of starting a business ranking – 67
· Days to register a firm- 37.5
· Deposit in bank- 0% of national income
· Conduct name search and prepare incorporation documents- 1 day
· Register with commercial registry- 4 days
· Make Company seal- 2 days
5. St Vincent: World Bank 2014 ease of starting a business ranking – 68
· Days to register a firm- 10
· Deposit in bank- 0% of national income
· Conduct name search and prepare incorporation documents- 2 days
· Register with commercial registry- 2 days
· Cost (% of national income)- 17.2
6. Grenada: World Bank 2014 ease of starting a business ranking – 72
· Days to register a firm- 15
· Deposit in bank- 0% of national income
· Conduct name search and prepare incorporation documents- 5 days
· Register with commercial registry- 5 days
· Make Company seal- 2 days
· Cost (% of national income)- 19.7
7. St Kitts: World Bank 2014 ease of starting a business ranking – 73
· Days to register a firm- 18.5
· Deposit in bank- 0% of national income
· Conduct name search and prepare incorporation documents- 2 days
· Register with commercial registry- 3 days
· Make Company seal- 5 days
· Cost (% of national income)- 8.7
8. Barbados: World Bank 2014 ease of starting a business ranking – 77
· Days to register a firm- 18
· Deposit in bank- 0% of national income
· Conduct name search and prepare incorporation documents- 4 days
· Register with commercial registry- 2 days
· Make Company seal- 1 days
· Cost (% of national income)- 7.2
9. Bahamas: World Bank 2014 ease of starting a business ranking – 83
· Days to register a firm- 23.5
· Deposit in bank- 0% of national income
· Conduct name search and prepare incorporation documents- 2 days
· Register with commercial registry- 10 days
· Make Company seal- 3 days
· Cost (% of national income)- 10.4
10. Antigua and Barbuda: World Bank 2014 ease of starting a business ranking – 92
· Days to register a firm- 21
· Deposit in bank- 0% of national income
· Conduct name search and prepare incorporation documents- 4 days
· Register with commercial registry- 10 days
· Make Company seal- 5 days
· Cost (% of national income)- 10.5