GENERAL DATA

General data Denmark

 

Market overview
The Danish market economy is characterised as modern and features high-tech agriculture, extensive government welfare measures, comfortable living standards, a stable currency up-to-date small-scale and corporate industry, and high dependence on foreign trade.

Denmark is a net exporter of food and energy and enjoys a comfortable balance of payment surplus. Government objectives include streamlining the bureaucracy and further privatization of state assets. Denmark has decided not to join 12 other EU members in the euro. The Danish crone remains pegged to the euro. Given the sluggish state of the European economy the Danish growth rate was approx. 2.0% in 2004. 

Area: 41,526 sq km (16,033 sq miles).
700 sq km (1,429 sq miles) waterways, lakes and inland seas.
Population:  

5,4 million inhabitants.

Capital:     Copenhagen Other three main cities Aarhus and Odense.
Administrative divisions: Odense. 14 counties (amter) and 2 boroughs (amtskommuner)
Administrative languages: 

Danish.

Religions: 95% Evangelical Lutheran, other Protestant and Roman Catholic, Muslin 2%. 
Currency:  DKK
 

 

Denmark

Regional Average

Economy    

GNI per capita (US$)

30,260

23,149

Population

5.4

41,1

      
Starting a business    

Number of procedures

4

6

Duration in days

4

25

Cost % GNI per capita

0.4

8.1

Min. deposit of capita to obtain business reg. (% GNI per capita)

49.8

47

      
Employment    

Flexibility in Hiring

33

49

Flexibility in Firing

17

28

     
Enforcing commercial contracts    

Number of procedures

14

18

Duration in days

83

213

Cost (% GNI per capita)

3.8

7.1

      

Closing a Business (resolve insolvencies)

 

 

Actual time in years

4.2

1.8

Actual cost (% of estate)

8

7

Goals of Insolvency Index (high number = efficient insolvency system)

79

77

Source: Worldbank

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General data the Netherlands

Market overview
The Netherlands provides a strategic location to serve and service markets within the European Union as well as central and Eastern Europe, the Middle East and Africa.

The Netherlands is number six in the world rankings of export and investment nations. The central geographical position of the Netherlands, directly east of England and borders to Germany and Belgium, combined with a good accessibility and excellent infrastructure are only some of the reasons why numerous companies have entered the Netherlands.

In 2003, 328 million tonnes of cargo passed through the port of Rotterdam, while Amsterdam Airport Schiphol handled 1.3 million tonnes of cargo and 40 million passengers.

Area: 41,526 sq km (16,033 sq miles).
700 sq km (1,429 sq miles) waterways, lakes and inland seas.
Population:  

16,3 million inhabitants.
479 inhabitants per sq km.
The Netherlands is one of the most densely populated countries in the world.

Capital:     Amsterdam.
Other three main cities Rotterdam.
The seat of Dutch government The Hague and Utrecht.
Administrative divisions: 12 regions
Administrative languages: 

Dutch.
Most have an excellent command of English and German.

Religions: 1/3 Roman Catholic, 1/3 Protestant and 1/3 other
Currency:  Euro
 

 

Netherlands 

Regional Average

Economy    

GNI per capita (US$)

23,390

23,149

Population

16,3

41,1

      
Starting a business    

Number of procedures

7

6

Duration in days

11

25

Cost % GNI per capita

13.3

8.1

Min. deposit of capita to obtain business reg. (% GNI per capita)

67.2

47

      
Employment    

Flexibility in Hiring

51

49

Flexibility in Firing

33

28

     

Enforcing commercial contracts

   

Number of procedures

21

18

Duration in days

39

213

Cost (% GNI per capita)

0.5

7.1

      

Closing a Business (resolve insolvencies)

 

 

Actual time in years

2.6

1.8

Actual cost (% of estate)

1

7

Goals of Insolvency Index (high number = efficient insolvency system)

95

77

Source: Worldbank

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