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Today we explore the best countries around the globe that offer the most favorable environments for starting a business. We are talking about business-friendly countries with low taxes, low bureaucracy, and more.

We dive into the world of entrepreneurship and business, exploring the top destinations with the lowest business taxes, and learn about the unique advantages each country offers, from tax-free environments to innovative incentives.

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🔴 ** ABOUT THE CHANNEL **
From eleven years living as an expatriate in the Middle East, South America, and Eastern Europe, to the best advice we wish we had before boarding. All that in two straightforward, no-nonsense guides for every expat.

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🔎 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: One of the best countries to start a business in Asia
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)