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Aruba, June 15, 2012 - The best countries for entrepreneurs do not necessarily have the biggest economies. In fact, based on a new report by the Organization for Economic Co-operation and Development, four of the 10 best countries for entrepreneurship have among the smallest economies in the developed world. While it is no surprise that the United States and the United Kingdom are among the best countries for entrepreneurs, most businesses would not put Portugal or New Zealand among them. In order to determine the best countries for starting a business, the OECD took into account the time it takes to start a business, the number of procedures necessary to start a business, the cost of following through with those procedures compared to national income per capita, and the minimum paid-in capital necessary as a percentage of income per capita.

10. Chile

9.  Portugal

8.  France

7.  South Korea

6.  United Kingdom

5.  Ireland

4.  United States

3.  Canada

2.  Australia

1.  New Zealand

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