10 Of The Best Countries For A New Startup

Last Updated on January 7, 2021

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New Zealand

New Zealand

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New Zealand is not only a perfect destination for tourists and vacations, it is also a great place for new startups because, from a timeline perspective, this country classifies high in its ability to incorporate businesses in a little time, like in one day!

The 2016 World Bank survey showed that New Zealand is the easiest country for new businesses. However, it might be a small country but its labor costs are cheap, and also, there are no capital gain taxes, social security, or payroll.

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Norway

Norway

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Norway is the perfect country for anyone who is interested in well-developed government communication and economic stability. Also, it is a highly skilled labor force in many fields like finance, technology, and design.

The labor regulations are non-flexible, but you can still register quickly for properties and the tax laws are not complicated. According to the Statistics Portal reports, the population of Norway will increase by 300,000 people in 2020.

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United Kingdom

United Kingdom

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The U.K is one of the easiest countries for new business compared to its neighbor countries because, for example, the incorporation could be complete for under $20 within one hour. Also, there are many tax benefits from both founders and investors.

Basically, your dream company would be born in the easiest and smoothest way possible. According to the Financial Times, in 2016, 660,000 companies were set up, and the numbers are still increasing.

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Sweden

Sweden

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Sweden is a gorgeous country that operates under free-market capitalism and is a comprehensive welfare state, just like Norway. This may not look as good as other countries, but it boats in low crime rates as well as in government transparency.

According to the Organization for Economic Cooperation and Development, 20 new businesses per 1,000 employees in Sweden were set up. Meanwhile, there are only 5 in the United States.

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