By Matthias Samuel
Starting a business can be difficult as investors and entrepreneurs have a wide array of places to choose from. Following is a list of countries which are a good for starting a business. The data and ranking is according to the World index.
Best Countries for Open for Business:
1.🇱🇺Luxembourg
2.🇨🇭Switzerland
3.🇵🇦Panama
4.🇸🇪Sweden
5.🇩🇰Denmark
6.🇸🇬Singapore
7.🇨🇦Canada
8.🇳🇴Norway
9.🇫🇮Finland
10.🇹🇭Thailand16.🇲🇾Malaysia
21.🇩🇪Germany
23.🇬🇧UK
27.🇮🇳India
30.🇨🇳China
48.🇺🇸USA
75.🇹🇷Turkey(US News & World Report, 2019)
— World Index (@theworldindex) December 25, 2019
Luxembourg
Luxembourg is an attractive business location. The country has an active economic policy that encourages international businesses. A good geographical location, political and social stability and business incentives are just some of the reasons why more and more investors choose to open a business in Luxembourg.
Switzerland
Switzerland, officially called the Swiss Federation, is a small country in Central Europe made up of 16,000 square miles of glacier-carved Alps, lakes and valleys. It’s one of the world’s wealthiest countries and has been well-known for centuries for its neutrality.
Panama
Panama is a Central American nation that connects Costa Rica and South America by way of Colombia. Much of the country’s narrative is tied to a connector of another kind: The Panama Canal, a hub of global trade and transportation that joins the Atlantic and Pacific Oceans through the Caribbean Sea.
Sweden
The Kingdom of Sweden, flanked by Norway to the west and the Baltic Sea to the east, expands across much of the Scandinavian Peninsula and is one of the largest countries in the European Union by land mass.
Denmark
Denmark is one of the world’s best countries for doing business. Denmark is an attractive and innovative place to establish or expand business activities. This include, among other things, transparent and predictable framework conditions, a flexible labor market with skilled and independently working employees and a well-functioning eco system of world-leading, innovative business clusters.
China
China is ranked 28 out of 138 countries, according to market size, business sophisticated, innovation and financial development. Over the last decade alone, the number of hotel rooms in china has tripled. Online retail is growing at a higher rate than that of US.
