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What is the best country for business?
austinsparrow
subscriber Posts: 26 Bronze Level Member
Hi. What is the best countries for opening business? Because I have tried to do it in Hong Kong, and the process is complicated.
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Take Uber, for example, they had a simple idea, but since it solved people’s problem, it became famous. Also, you don’t necessarily have to launch a global business. Start with small and try to come up with a solution that will help the local and then you can make it big if you want
for ideas I have to say now launching a business is easier then ever there are so many options now you can start a salon and allow people to book your services from apps, you can also start a logistics business or taxi service, etc
you can also get ideas for your business through this website
I think ‘tax/financial’ and ‘manpower’ should be your consideration.
You may want to do a research on tax heaven countries or islands such as HK, British Virgin Islands, Cayman Islands…etc. Or countries where provide you tax incentive.
Meanwhile, check the pay range for the selected countries of your choice, because you also wish to get all skilled, semi-skilled or unskilled labours at the lowest price possible.
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United States is the best country for business.
The best country to start a business is where you were born. You have more resources, your native language, unless you are a bilingual.
I think the Eastern Europe is perfect. The countries from aren't developed and the corruption rules the economy. So, you have the money and a strong nature, you might build a successful business there.
You can try in Bangladesh. Bangladesh is now a great place for investment.