You want to start a business, but you do not know where. The easiest countries to conduct business in aren’t always global giants such as India or China. When we talk about Europe, countries in central and northern Europe are dominant countries to start a business today. The first step – make a good business plan, explore a little bit, and move. One who does not risk cannot hope to gain. So, let’s begin.
There are plenty of countries where you can start your business. Pick one of them and start
This is our list of top countries to start a business
New Zealand is an island country in the Pacific Ocean, with a population of 4.6 million. This country has been transformed, from one largely dependent upon the British market, into a world-leader among industrialized, free-market economies. Also, New Zealand is the best country when it comes to protecting minority investors. It has a strong tourist industry and export market (in agriculture). GDP per capita is 39,400 U.S. dollars, and the GDP growth is 3.6%.
Countries in Europe
The Netherlands is a country in Western Europe, with a population of around 17 million. GDP growth is 2.2%, per capita is $45,300. But, if you don’t come from an EU or EEA country, or you’re not Swiss, then you will need to apply for a residence permit. But you should definitely try to start your business here.
Officially, the Kingdom of Sweden has 9.9 million people and a GDP with a growth margin of 3.2%. Timber, hydropower, and iron ore constitute the resource base of their economy. So, to make a good business plan and go there to start your own business is one of the better ideas you could have. It is a great place for a job and education too.
The UK is a sovereign country in western Europe. Maybe the best country for new ideas and people. It is the #1 country on Forbes list for businesses. With a population of 64.9 million and GDP with a growth of 1.8% ($39,900 per capita), the United Kingdom is the second-largest in Europe after Germany.
Northern Europe’s Nordic countries continue to dominate with a population of 5.6 million, for sure. Also, this country has the lowest levels of corruption and an average GDP per capita of $53,400. The digitization process allows for quick registration of any new business. So, if you are looking for countries to start your business, Denmark is definitely one of the more suitable places for it.
Countries in Asia
The most populated country in the world, China. But, the best city for business in China is Hong Kong. Actually, it is an autonomous territory on the eastern side of the Pearl River estuary. GDP per capita is $43,700, and it ranks #6 on the Forbes list for starting a business. Also, the important thing is that Hong Kong is characterized by low taxation, minimal government market intervention, and an established international financial market. All of these things make Hong Kong special and a great place to start a business.
The GDP per capita is $53,000, which is great by itself given the standard of living. It has 5.6 million people. It is an island country in Southeast Asia and also, it is one of the original Four Asian Tigers. An interesting language, long tradition, and food that will blow your taste buds – all the potential you need. And if that weren’t enough, this country has a highly developed market economy. So, you should definitely take a chance and start your business there. Singapore attracts a large number of foreign investors as a result of its location, low tax rates, and advanced infrastructure. It also has a zero-tolerance against corruption.
The best country in South America to start a business. If you need help with setting up your HQ, One Moving and Logistics Brazil can help you with moving your business efficiently. GDP per capita is $8,600. This is a large state, with a population of 207.7 million. The people are great and nice. But, of course, before starting the process of forming a company in Brazil, it is important to familiarize yourself with some of the basic concepts of living there. On the business side of things, there are no requirements in terms of minimum investment.
Colombia is better ranked on the Forbes list in comparison to Brazil. If you have a good plan and a good idea for a business, there is a good chance you will succeed. GDP in this country is $5,800. The first step you need to take is to find a lawyer who can help you with the legal framework for your business and also get yourself an accountant that can help you set up the business right. You have to have help when you start a business in a foreign country.
United States of America
Live your American dream. A big country with a lot of opportunities. Everyone is welcome there – not much more to be said than that. The USA is a country made for people with dreams and ambitions. All you have to do is be patient and persistent.
It is #5 among countries for starting a business on the Forbes list. GDP growth is 1,5% ($42,200 per capita). It is a member of the Organization for Economic Co-operation and Development, and the Group of Eight. In 2014, Canada’s exports totaled over $527 billion, while its imported goods were worth over $523 billion.
Don’t forget to make a business plan
This is the most important step, and here’s what you should do:
- Think of a unique idea – if you are looking for the best countries to start a business in, you can’t do it without a proper business plan.
- Hire a lawyer and financial adviser – it is normal to have help. You can’t do everything by yourself.
- Self-confidence – you can’t make a plan or anything in your life without self-confidence.
Be brave and choose between the many countries to start a business, as soon as possible because time is money, after all. Fulfill your dream and good luck.