That is why here we have a list of top 10 countries to start a business or if you are an entrepreneur these are some best countries for startups. These are all the most business country in the world.
BEST COUNTRY TO START A BUSINESS
We know a lot of you have big plans to set up and grow your own business and for some of you part of the adventure might even include relocating to a new country. In which case you'll want to know which countries can give you the best chances of success.
You'll find out which country takes the number one spot when it comes to having the best environment to grow a startup means a best startup-friendly country.
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We based our list on factors ranging from the strength of the economy to how much the government and the local business environment support startups as well as asking which countries have the lowest levels of corruption and red tape.
We've also taken into account how easy it is for foreigners to set up a business as well as for locals. We'll try to give you a list of countries with best business opportunities.
Let's start the countdown and take a look at the top 10 best countries to start a business.
Sweden
Our journey to best startup heaven country begins in the north of Europe with Sweden. It won't be the only nordic country on our list. It's just one of the best European countries to start a business.
Impressive economic figures like a high gdp and a low inflation get us off to a good start as well as its world-class infrastructure and highly skilled workforce.
income tax in sweden might be high but the swedish government puts it to excellent use and not many swedes complain about it besides using it to fund their top of the league education and healthcare systems.
They put plenty of tax money toward programs for startups if you always thought of sweden as a country with high taxes you might be surprised to hear their corporate taxes are very reasonable at 22 lower than a lot of developed countries.
a lack of corruption and bureaucracy helps too and high living standards mean that sweden isn't just a great place to live.
swedes also have a lot of disposable income to spend it's a country with reputation for innovative ideas.
Companies like ericsson ikea and volvo have been showing us this for a long time as well as a younger name you'll be familiar with. We're sure you know spotify but you might not know that they're swedish.
Malaysia
This time we're taking a trip to the other side of the world to an up and coming hub in southeast asia.
malaysia a big reason why it's been rising up on the list of desired countries for startups is the malaysiang government.
they've been doing all kinds of things to encourage innovative young businesses to set up shop here like changing laws to make it easier to register businesses and do cross-border trade, giving tax breaks for small companies and encouraging entrepreneurs from outside the country.
the developed infrastructure is a big bonus too and so is the highly skilled workforce which isn't as expensive as a lot on this list.
All of this means that malaysia is attracting more and more innovative tech startups and the state of penang has even gotten itself the nickname the silicon valley of the east.
Canada
going north once again to canada entrepreneurs here can enjoy plenty of access to seed funding as well as government grants and tax credits for startups. You'll also find low levels of corruption and red tape and a stable economy.
Canada also has one of the lowest corporate tax rates in the world at 15 and thanks to relatively free trade agreements. Maybe its the best countries for startups.
Your business in canada will enjoy the huge market south of the border in the usa at least for the time being so it's no surprise a lot of americans choose to set up their businesses here but it's not just americans that do this.
Canada has one of the most forward-thinking immigration policies in the world. it's known for its multiculturalism and actively encourages talented people from all over the world.
To immigrate combine that with a highly educated labor force and an entrepreneurial mindset.
To immigrate combine that with a highly educated labor force and an entrepreneurial mindset.
it's no surprise canada is a great place to start your business when it comes to successful canadian companies that are known around the world.
You probably figured out that canada goose is one of them but did you know that imax four seasons hotels and joe fresh are all canadian too
You probably figured out that canada goose is one of them but did you know that imax four seasons hotels and joe fresh are all canadian too
Switzerland
More than 40 000 new companies are founded in Switzerland every year not bad for a country with less than 10 million people and good for business.
It's about as politically and economically stable as you can get with low levels of corruption and one of the world's most stable currencies.
There's no question that the swiss have innovation in their dna. They've cornered that market well over a century ago.
There's no question that the swiss have innovation in their dna. They've cornered that market well over a century ago.
They're also applying their know-how to high-tech production they're among the world leaders in fintech blockchain and medical technologies.
one of the most sophisticated financial sectors in the world makes it the perfect place for finding investors or business mentors. All of this means a highly developed ecosystem for startups.
Zurich currently takes the second spot on the Mercer Quality of Living survey of the best places in the world to live and geneva and bustle get into the top 10 as well.
Zurich currently takes the second spot on the Mercer Quality of Living survey of the best places in the world to live and geneva and bustle get into the top 10 as well.
So as long as you're not set on tropical weather or beaches it's perfect for pretty much everything as a best countries for startups.
Keep in mind living there isn't cheap but hey once you've made your way onto the forbes rich list it won't be a problem.
Keep in mind living there isn't cheap but hey once you've made your way onto the forbes rich list it won't be a problem.
United States of America (USA)
The next country has giants like apple, amazon, facebook, google and tesla and many of the big success stories of the last decade like airbnb and uber of course.
It's the usa and with so many of the companies we talk about here, that influence our lives.
did you really expect it to not be on the list current controversies aside, the usa has pretty much everything big opportunities for funding from investment firms banks vcs and angel investors tax breaks for businesses.
The world's most exciting startup environment in silicon valley a culture of embracing new ideas and a huge market.
America doesn't get its nickname as the land of opportunity for nothing and a tip for non-us resident wanting to set up a business in the usa.
The best place to do it is in delaware the most business friendly state here.
It's easier to set up and operate a business than anywhere else in the country having lower filing fees, less restrictions, on non-us citizens and less red tape.
It's easier to set up and operate a business than anywhere else in the country having lower filing fees, less restrictions, on non-us citizens and less red tape.
Even though it's one of the smallest states more than half of america's publicly traded companies are registered there.
Don't worry just because you register there doesn't mean you have to operate from there google and coca-cola have their paperwork filed in delaware not at their head offices.
Denmark
The Danish government is one of the best in the world when it comes to supporting a startup that includes one with foreign owners who they actively encouraged to set up here.
it's one of the easiest countries in the world to set up and run a business. you can start a company in less than a day and even do it online or start an online business.
So you can say its the best country to incorporate an online business & a Best Country to Start a Business.
it's home to accelerator programs that are supported by the danish government plus copenhagen is one of the world's leading smart cities and a great place for smart city tech startups.
You'll also enjoy the friendly work culture which entrepreneurs tell us makes it a pleasure to do business there and danish are known for being open-minded and happy to embrace new things.
which means if you've got a forward-thinking idea the danish market is a great place to try it out.
still not convinced well it scores number one on the world happiness index as the happiest country in the world.
Seriously who wouldn't want to move Denmark a Best Country to Start a Business.
United Kingdom (UK)
Since 2016 the business environment in Britain has faced a lot of uncertainty as to the result of Brexit.
It still keeps on getting named one of the hottest places for startups even topping the forbes list in 2018 also a Best Country to Start a Business.
It's the best country to start a business if you want to start a startups or if you want to set up a Company.
It still keeps on getting named one of the hottest places for startups even topping the forbes list in 2018 also a Best Country to Start a Business.
It's the best country to start a business if you want to start a startups or if you want to set up a Company.
if you know your history you'll know that the uk has had a reputation as a world leader in innovation for a long time.
At least as far back as the industrial revolution which began there over two centuries ago.
At least as far back as the industrial revolution which began there over two centuries ago.
and it's still an incredibly innovative place with startups that can disrupt entire industries like food delivery company Deliveroo and Fintech revolut.
It's just one of the best places in the world for getting seed capital.
It's just one of the best places in the world for getting seed capital.
just watch a few episodes of dragon's den if you don't know it's the show that inspired the american spin-off shark tank but just down to the practicals stuff.
It's easy and cheap to set up a company it takes about an hour and costs about 14 pounds less than 20 us dollars.
it also has all kinds of tax breaks and low corporate taxes at just nineteen percent.
Norway
It's about these Nordic countries that make them keep appearing on this list. There are a few simple answers practically zero corruption and red tape, well-developed economies and infrastructure, highly educated populations with plenty of disposable incomend governments that actively encourage startups.
despite high-income taxes, corporate taxes are low just like Sweden and Denmark.
Norway also has a corporate tax of 22 and Norway is a country that loves technology meaning you can do all the company paperwork online very easily, Means here you have ease of doing business.
Norway also has a corporate tax of 22 and Norway is a country that loves technology meaning you can do all the company paperwork online very easily, Means here you have ease of doing business.
if you need employees with advanced tech skills no problem and if you've got any kind of innovative tech startup Norwegians are more than ready to give it a go.
Like Switzerland it isn't in the EU but it does have close trade links which means you can benefit from the huge European market.
some of their most exciting startups include game-based education app Kahoot and solar panel startup octavo.
New Zealand
In our list of best business country in world is A country that has most of the same plus points as the Nordic countries but just so happens to be located on the other side of the world.
new Zealand it's got high levels of development education and very little corruption or red tape and in this case, the cost of living isn't quite as high that also means the highly skilled workforce isn't so expensive to hire.
It's also incredibly easy to create a company here. You can do it all in one day.
Another big benefit of running a business in New Zealand is an online resource called statistics New Zealand. That'll help you to register a company easily.
Another big benefit of running a business in New Zealand is an online resource called statistics New Zealand. That'll help you to register a company easily.
This lets you run the numbers on whatever industry you're interested in and it tells you everything you need to know about culture spending habits and how well your business niche is performing.
Singapore
Singapore has got pretty much everything when it comes to setting up a business a highly skilled labor force known for efficiency and a serious work ethic.
It's a perfect match for business-friendly countries that is why its one of top startup countries.
It's a perfect match for business-friendly countries that is why its one of top startup countries.
low corporate taxes at 17 no capital gains taxes or taxes on dividends free trade agreements with numerous countries that will open up huge markets to you, low levels of bureaucracy.
you can register online business and it's one of the wealthiest countries in the world which you'll have figured out by now means that singaporeans have a lot of disposable income.
it's also the quickest country in the world to resolve commercial disputes in singapore this takes 150 days.
if you don't have experience on this it might sound like a long time but compare that with the usa where settling a commercial dispute takes an average of 420 days and it definitely looks a lot more desirable.
Country you Live in
we haven't mentioned yet on this list or maybe we have that depends on you because our final recommendation is the country you live in.
Because this is the easiest countries to open a business & a easiest places to start a business.
Because this is the easiest countries to open a business & a easiest places to start a business.
Your better place to gauge what will trigger a response when you're marketing to them.
There are exceptions if there's not enough money in your country or if there are other problems like a lack of opportunity, high levels of bureaucracy or corruption or war.
Then you might want to move but don't underestimate what a huge benefit it is to know the country you're operating in & that will be best startup countries in the world for you to start a small business.
CONCLUSION
So that was our list of Top 10 Best Country to Start a Business or you can say best countries for startups to set up a business.
There are exceptions if there's not enough money in your country or if there are other problems like a lack of opportunity, high levels of bureaucracy or corruption or war.
Then you might want to move but don't underestimate what a huge benefit it is to know the country you're operating in & that will be best startup countries in the world for you to start a small business.
Which country would you most like to start a business in and why let us know in the comments.
CONCLUSION
So that was our list of Top 10 Best Country to Start a Business or you can say best countries for startups to set up a business.