North America emerges the cheapest region, whilst MEA remains the most expensive.
Overall, global average costs increased by 3% compared to 2023.
APAC is the fastest region in 2024, whilst MEA remains the slowest.
Overall, global average time increased by 14% compared to 2023.
Malaysia remains the cheapest jurisdiction, followed by Sri Lanka and Bangladesh.
Qatar is the most expensive, followed by South Korea and Oman.
Gibraltar is the fastest jurisdiction, followed by Luxembourg and Bermuda.
The slowest jurisdiction is Bangladesh, followed by Venezuela and Ghana.
5
Overall Ranking: Cost + Time
Singapore ranks as the top jurisdiction for 2024, followed by the United Kingdom and Australia.
Indonesia ranks lowest, followed by Brazil and United Arab Emirates.