2008 rank: #14
The only reform Sweden made this year was to reduce the maximum duration of fixed-term employment contracts from three years to two. That took them down three notches in the "Doing Business" ranking, which favors less rigid labor regulation.
Nonetheless, Sweden remains relatively business-friendly: starting a company involves three procedures taking 15 days, although entrepreneurs are required to have some money in the bank before they do so. Transferring property is a relatively speedy process, taking only two days.
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