According to the year 2014, Thailand is ranked 18 th out of 189
economies in Doing Business Among the 87 countries covered by the World Bank Group Investing across Sectors indicators, Thailands restrictions on foreign equity ownership are among that takes 9 procedures and 34 days to establish a foreign-owned limited liability company in Bangkok, Thailand. Thailands economic freedom score is 63.3, making its economy the 72nd freest in the Heritage Foundations Index 2014. Thailand is ranked 12th out of 42 countries in the AsiaPacific region, and its overall score is higher than the world and regional averages. Thailand made it less costly to pay taxes for companies by reducing employers' social security contribution rate.