Oireachtas Joint and Select Committees

Tuesday, 13 November 2012

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Job Creation and Sustainability: Discussion with Chambers Ireland

3:40 pm

Photo of Feargal QuinnFeargal Quinn (Independent) | Oireachtas source

I would like to see the delegates putting pressure on everyone, including the committee, regarding another issue. We have dropped from tenth to 15th place in the list of the world's best places to do business. Singapore is No. 1 and our tenth placing was not bad, but we have slipped to 15th in the past year. We should make an effort in this regard.

The other measure lies in trying to set up a new business. Singapore is good in this respect, but New Zealand is even better. One can set up a new business in one day through one procedure. In Ireland, one can only set up a new business in ten days through four procedures. The cost in New Zealand is less than €100. In Ireland, it is approximately €140. This is not a significant difference, but a real effort to remove red tape and delays would be welcome. The delegates and the committee should make that effort.

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