Top 10 Best Countries For Business
Top 10 Best Countries For Business
Top 10 Best Countries For Business As an investor or a businessperson, it is always a challenging task to invest in a business. You always think about the place. This article gives you a list of the top 10 best countries to start a business.
1 – New Zealand
New Zealand is at the top position providing the ease of doing business. The entrepreneur can take some hours to start a business because the procedure is simple. In 2009, the country came out of a recession and it experienced an annual growth rate of 2-3% in the time since. According to the report of the World Bank, New Zealand is the best country for starting a business. It is more profitable if you take a franchise of a good company and it will be easy for you to find customers and set up accounting or stock control systems.
2- Denmark
It is one of the best countries in Europe to start a business. It is tax efficient and there are some of the most flexible hiring and firing rules in the country. Moreover, it takes only a few days to register and finish your company.
3- Norway
The country has a strong economy and there is economic stability. It is easy to register a property. Norway also provides ease in complying with tax laws. The business of import/export is one of the most profitable businesses in Norway. Opening restaurants and cafes, running a real estate business are also profitable.
4- Singapore
There are strong trade and investment opportunities in Singapore. This is the reasons entrepreneurs from all over the world show their interest in doing business in Singapore. Your business will be profitable as it includes among the wealthiest nations in the world. The best industries for the investors in Singapore include Fast foods and snacks, electronics, automobiles and spare parts, etc.
5- Korea
Korea also attracts investors and entrepreneurs from all over the world. Entrepreneurs can discover many business opportunities there. The country has a rapidly growing rich economy. If you want to start a small size business, you can start a financial consulting firm, open a gas station or a drop shipping company or start a windfarm business.
6- The United States
The United States is a good country to start a business because you can find a skilled and diverse workforce. The country has the most technologically powerful economy. You can offer catering services, website design, cleaning services, and run a retail business etc in the United States.
7- UK
It is good to start a business in the UK because it has the lowest corporate tax rates. It is therefore beneficial for the entrepreneurs to start a business there. The most profitable businesses in the UK include catering, cleaning, house staging, accounts, financial advising, etc.
8-Hong Kong
The tax regime of Hong Kong is simple and has an outstanding infrastructure. It is the business-friendly country so one can start any business easily without any special requirements. There is no minimum capital but one must have at least HKD 10,000 for starting the business. The best business investment opportunities include a travel agency, business consultants, call center, freight forwarder, etc.
9- Sweden
Transferring property in Sweden is easy because there is increased administrative activity. Small business investment opportunities include opening a language school, medical practice business, opening a retail store etc.
10- Taiwan
Taiwan has different programs to attract foreign entrepreneurs and the government also offers different incentives to them.
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