According to the Ease of Doing Business Report 2020 published by the World Bank, #Singapore and #HongKong, are ranked 2nd and 3rd respectively out of 190 countries.
Doing Business covers 12 areas of business regulation. Ten of these areas — starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency — are included in the ease of doing business score and ease of doing business ranking.