Jul 172014
 

According to “Doing Business en México 2014: Entendiendo las regulaciones para las pequeñas y medianas empresas“, a study issued by the World Bank and the International Finance Corporation, Colima is the most favorable state in Mexico for doing business, followed by Aguascalientes, Guanajuato, San Luis Potosí and (perhaps somewhat surprisingly) the southern state of Chiapas.

doing-business-2014While the full report is in Spanish, an English language webpage offers easy access to the data for each individual city.

The rankings take into account the paperwork, time and costs associated with opening a new business, obtaining construction permits, registering industrial property rights and the resolution of commercial disputes.

The three states that improved most rapidly during the past two years were the State of México, Puebla and Quintana Roo. Guerrero was the state that most improved in business start-up, and the State of Mexico was the most improved city for construction permitting, while Guanajuato improved the most in contract enforcement.

Overall, the report concluded that the regulatory business environment in Mexico is converging towards the average performance of high income OECD economies.

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