A new report from the TMF Group, a global provider of high-value business services to clients operating and investing globally, has revealed that Bulgaria offers businesses the most simple financial reporting rules in emerging Europe. Of 94 jurisdictions ranked in order of complexity, Bulgaria comes in at 65th, two places ahead of Georgia in 63rd. Croatia, ranked 12th, has the most complex set of financial reporting rules in the region. Albania (14th), Belarus (15th), Romania (17th), and Ukraine (19th) are also at the wrong end of the scale.
The TMF Group Financial Complexity Index looks at the world’s nations by complexity …read more
Source: Emerging Europe