Micronesia

  • Location
  • Micronesia (151st)
  • Overview
  • Micronesia is an island country in the Oceania region. The spoken languages are English and Chuukese. English is the business language. In 2017, Micronesia ranked 151st in the Ease of Doing Business Index created by the World Bank (credit: http://www.doingbusiness.org/rankings).
  • Population
  • 105,566
  • Why do business here
  • English is the principle business language
  • Government interested in growing tourism industry
  • Sells fishing rights to foreign countries
  • Common entity types
  • Limited Liability Company
  • Sole Proprietorship
  • Partnership
  • Corporation

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