Country profiles Get to know the fascinating payroll environments in countries around the world. Why payroll in France is so complicated Liberté, égalité … complexité? France’s robust social security system means payroll departments have a lot of accounting to do. The Bahamas, a small island nation with big business Businesses around the world entrust this small Caribbean country with their financial dealings. 61.3% of Rwanda’s parliament are women, the first country to have a female majority. Albania, a young economy with a long history After shifting to capitalism in 1991, Albania was rife with pyramid schemes, the collapse of which led to major economic reforms. Costa Rica, a caring country and hotspot for global investment This stable Central American country’s attractiveness for foreign investment has created more than 85,000 jobs in the past five years. Estonia, a Baltic tiger and tech hub This tiny nation has become a European tech hub and a global forerunner in e-government, becoming the first country to offer e-residency in 2014. Singapore, a thriving Asian business hub The country is a draw for businesses, but its low earners have been thrust into the spotlight. Iceland, from boom to bust to tourist hotspot Iceland reinvented itself as a major travel destination after the 2008 financial crisis. Will it experience a similar post-pandemic boom? Malaysia, a Tiger Cub economy How this Southeast Asian country went from a primarily agricultural economy to a major global exporter in just three decades. Mauritius: Africa’s beach paradise turned financial hub This small island has leveraged its strategic location and highly educated workforce to become an entry point to mainland Africa. Between 2010 and 2019 there was a 328% increase in foreign visitors to Iceland. 61.3% of Rwanda’s members of parliament are women Rwanda, from economic ruins to female empowerment This small landlocked country in East Africa has made a remarkable economic recovery after the devastating 1994 genocide. Putting business continuity plans to the test in Ukraine A Ukrainian business service provider offers a masterclass in ensuring payroll continuity in a crisis. Sign up to keep up to date with ReThink Q.
