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    Mar

    New Zealand, a great place to do business (including software development)

    Just found this blog entry that speaks of why New Zealand is a great place to do business. Some of the reasons mentioned are:

    • At 30%, the corporate tax is lower than or equal to most developed countries’.
    • Our GST is only 12.5%, in most developed countries it is 15-25%.
    • Workforce participation is 68%, very high by international standards.
    • ACC provides no-fault income insurance, meaning businesses to not have to go to massive expense insuring themselves against litigation by injured workers and hiring lawyers to defend themselves.
    • Ease of doing business is New Zealand is second in the world only to Singapore.
    • This is the least corrupt country in the world.
    • Corporate profits were up 60.5% in just six years from 1999 to 2005.
    • Only 0.54% of businesses failed last year.

    Plus it offers a great lifestyle!

    On the downside, Internet connectivity less than average, but is getting better every year.

    But if you can be happy living on a large, very pretty island, New Zealand is the place for you.

    I came to New Zealand five years back and have been working in the area of software development, and have enjoyed every minute of being here.

    Comments

    • nwebb's Gravatar nwebb said:

      All sounds good apart from the internet connectivity :)
      It's certainly a place which sounds like it would appeal to me, yet I've still not made it over. Where did you move from?

    • Indy Nagpal's Gravatar Indy Nagpal said:

      It is quite a nice place. I was in India before that. And before that in Canada.

      NZ certainly beats Canada in terms of the weather! Lovely sailing, accessible beaches...