You are surprised that Singapore is on this list? Believe it or not, starting a business in Singapore takes approximately 3 days, according to the World Bank. When it comes to regulatory performance, the Asian country ranks among the best economies in the world. This country is considered a high-income society that gives special treatment to minority investors. Singapore is known for its high level of infrastructure, English skills, public transport, and hospitality. It is ranked among the top countries in the world suited for starting and developing a new business and it is also one of the first to go with a digital system for public transportation.