Hong Kong is the second simplest jurisdiction for business in the latest report by TMF Group; China and Indonesia drop in complexity LONDON, July 25, 2021 /PRNewswire/ -- Hong Kong remains a great place for business according to the Global Business Complexity Index (GBCI) by TMF Group, a leading professional services firm. The report analyses key areas of business administration and compliance across 77 jurisdictions, from the time it takes to incorporate a company, to changes in tax legislation, policies around wages and benefits, through to the challenges of opening a bank account. In all, over 290 different criteria are factored into this year's rankings.