It specialises in providing HR and financial services to businesses operating in foreign countries.
Every year, TMF publish its Global Benchmark Complexity Index Report, ranking countries all across the world according to how complex they are to do business in from a regulatory and compliance perspective.
This includes both setting up a local firm and opening a branch as a foreign company.
The research took into consideration local legal systems, economic and political events and cyber security risks.
As a general trend, countries with a common law framework (like the United Kingdom and many former British colonies) are considered less complex to operate in than countries with a civil law framework, like those in Europe and Latin America.