10 Business Friendly Countries with Low Taxes and Little Bureaucracy
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#businessfriendly #entrepreneurship #bureaucracy I prepared this list for entrepreneurs that are considering the hypothesis of venturing overseas. After analyzing near 200 countries, I considered three major factors to rank these 10 nations among the most promising for entrepreneurs in 2021. Here I consider factors as: Countries with Low Corporate Tax are Business Friendly Countries Ease of Doing Business Reports From Entrepreneurs in Global Communities about Business Friendly Countries Subscribe to Small Business Hacks, we upload new videos every Thursday! __________________________________________ RESOURCES & LINKS: Levi Borba @ Medium – Join other 8K followers in cutting-edge Entrepreneurship & Small Business content. https://leviborba.medium.com/ This video is based on this article: https://expatriateconsultancy.com/business-friendly-countries Levi Borba @ Amazon https://www.amazon.com/Levi-Borba/e/B082X6GSZF Levi Borba @ LinkedIn https://www.linkedin.com/in/jonatasborba/ A video inspired by an article published by https://expatriateconsultancy.com/ Some Recommended Books: https://expatriateconsultancy.com/books-about-moving-abroad/ This presentation contains images that were used under a Creative Commons License. Click here to see the full list of images and attributions: https://link.attribute.to/cc/1996232 🔴 *** ABOUT THE CHANNEL *** Small Business Hacks is a channel created by an entrepreneur, for entrepreneurs. Business plan for small business, Finance education, Management skills, Small Business Tips, Entrepreneurship ideas, all that, and much more you will find here, at Small Business Hacks. 💡 TOPICS IN THIS VIDEO 💡 Ease of Doing Business, business-friendly countries, countries with low taxes, countries with little bureaucracy, best countries for entrepreneurs, best countries to start a business, best countries to start a company, best countries for startups, best cities to start a business, best cities to start a company, best cities for startups, business in north Macedonia, business in Georgia, business in Singapore, business in Lithuania, business in Bahrain, business in Ireland, business in Montenegro, business in Hungary, business in Estonia, business in Thailand 🔎 VIDEO EXCERPT 🔎 North Macedonia Gorgeous natural scenarios dot this country, formerly known as F.Y.RO.M, and they are on the track to become an EU member. There is an abundant offer of credit lines for entrepreneurs, and the government is quick to solve obstacles with construction permits. Some programs allow you to register a company in only 4 hours, and the government’s macroeconomic policies are remarkably stable. The corporate tax rate of only 10% is lower than in almost all European countries. Place in the Ranking of Business-Friendly Countries: 17th. Corporate Tax Rate: 10% (21st lowest in the world) Georgia In the last decade, Georgia advanced from a poor and war-ridden post-communist state to one of the easiest places in the world to start a business. The simplified processes to obtain a visa, register property, and enforce contracts are attracting investors from all over Asia and Europe. The country established a cluster of Free Industrial Zones, where there are no corporate, income, profit, or property taxes. Place in the Ranking of Business-Friendly Countries: 7th Corporate Tax Rate: 15% (36th lowest in the world) Singapore I was in Singapore years ago, and my impression was to be immersed in some futuristic scenario where humankind just… succeeded. It is everything so clean that it just looks like a maximum punctuation game in Simcity. One may argue, however, that the heavy workloads and high living costs present an ugly side of the Singaporean business environment. Singapore is among the least bureaucratic places in the world, with most of the processes and paperwork digitalized and solved in a matter of hours. Place in the Ranking of Business-Friendly Countries: 2nd Corporate Tax Rate: 17% (48th lowest in the world)
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