Starting a business in the right country can make all the difference, whether it’s access to funding, ease of registration, or a welcoming environment for entrepreneurs. With globalisation on the rise, more people are looking beyond their home countries to launch their ventures.
In this blog, we’ll explore some of the best countries to start a business, especially if you’re planning to expand internationally. Whether you're a first-time entrepreneur or an experienced founder, we'll help you discover the best country to start a business as a foreigner and why these destinations consistently rank among the best countries to do business worldwide.
What Makes a Country Business-Friendly?
When evaluating where to launch or expand a business, it’s not just about low taxes or fast registration—it’s about the whole ecosystem that supports sustainable business growth. Here's a breakdown of the most crucial factors that determine whether a country is truly business-friendly:1. Ease of Starting a Business
This includes how simple, quick, and cost-effective it is to register and operate a business legally. Countries with streamlined procedures, digital registration systems, and minimal red tape are often favoured by entrepreneurs.2. Tax Policies and Incentives
A favourable tax environment can significantly reduce operational costs and boost profit margins. This includes low corporate tax rates, tax exemptions for startups, and incentives for research and development (R&D).3. Access to Funding and Capital
Startups and small businesses rely on strong financial support to scale and succeed. A country with a strong venture capital presence, government-backed funding schemes, and active angel investor networks provides firms with a strong foundation.4. Infrastructure and Digital Connectivity
Modern infrastructure—both physical and digital—is crucial for seamless operations. High-speed internet, reliable utilities, efficient transport systems, and smart logistics hubs all contribute to a favourable environment.5. Skilled and Diverse Workforce
A readily available, well-educated, and skilled labour pool can make hiring easier and more cost-effective. Countries with diverse, multilingual talent pools are especially valuable for global-facing businesses.6. Regulatory Transparency and Legal Protections
Countries with transparent governance and strong legal frameworks provide stability and protect entrepreneurs' rights. This includes protections for intellectual property, enforceable contracts, and anti-corruption policies.7. Openness to Foreign Ownership and Investment
For foreign entrepreneurs, it is essential to operate in a country that allows or encourages full or majority foreign ownership and offers residency or visa options tailored for investors. The most business-friendly countries combine practical benefits, such as fast registration and low taxes, with long-term advantages, including funding opportunities, legal stability, and a high quality of life. When choosing where to start your business, consider not just cost, but how each country supports growth, innovation, and global connectivity.Best Countries to Start a Business: Top Destinations for Entrepreneurs
When considering where to start a business, choosing the right country can significantly impact your company's growth, legal requirements, and market opportunities. The best countries to start a business offer advantages such as business-friendly regulations, access to financing, a skilled workforce, and a strong infrastructure. Below are some of the best countries to start a business, ideal for entrepreneurs, including those seeking the best country to establish a business as a foreigner, as well as countries with the most favourable conditions for doing business.1. United Arab Emirates (UAE)
The UAE, particularly Dubai and Abu Dhabi, has become a hub for international entrepreneurs seeking to establish a business. With its tax-free zones, top-class infrastructure, and cosmopolitan business environment, it’s one of the best countries to start a business, especially for those involved in technology, trade, and finance. The ease of starting a business and the availability of resources for foreign entrepreneurs make it a highly attractive destination. Why it’s the best:- No personal income tax
- Strong infrastructure and connectivity
- Access to markets in the Middle East and Africa
- Open to foreign investment and ownership
- Business-friendly legal framework
2. Singapore
Ranked consistently as one of the best countries to start a business, Singapore offers an efficient business registration process, low taxes, and a highly developed economy. The government provides numerous incentives to foreign entrepreneurs, making it a top choice for international business owners. A transparent legal system enhances the ease of doing business in the country, and it has a reputation for being one of the best places to conduct business. Why it’s the best:- Easy business setup and low administrative burdens
- Low corporate tax rates
- Prime location for trade in Asia
- Access to international markets
- Strong intellectual property protection
3. New Zealand
New Zealand stands out as one of the best countries to start a business as a foreigner. The country’s government has streamlined the process of starting a business, with minimal red tape and a transparent legal environment. It’s also known for its welcoming attitude toward foreign investment. With a stable economy and high ease of doing business, New Zealand is a prime destination for entrepreneurs worldwide. Why it’s the best:- One of the easiest countries to start a business in
- Quick and straightforward business registration process
- Low corruption and transparent regulations
- High standard of living and work-life balance
- Access to a wide range of industries, including agriculture, tech, and tourism
4. United States
The United States remains one of the best countries in which to start a business, particularly in sectors such as technology, healthcare, and finance. The large market size, diverse consumer base, and access to funding make it an attractive destination for both domestic and international entrepreneurs. While the regulatory environment can be complex, certain states, such as Delaware and Nevada, offer business-friendly environments with tax advantages. Why it’s the best:- Large, diverse market with opportunities for innovation
- Access to venture capital and angel investors
- Flexible corporate structure options (e.g., LLC, C-Corp)
- Leading global trade hub
- Diverse and highly skilled workforce
5. United Kingdom
The United Kingdom remains a leading country for entrepreneurs, especially for foreign business owners. With a strong economy and global trade ties, the UK provides access to a wealth of opportunities. It is home to a vibrant startup ecosystem, particularly in industries such as fintech, creative industries, and e-commerce. The UK also has a relatively straightforward process for registering a business, even for non-residents. Why it’s the best:- Easy company formation process
- Strong legal framework and IP protection
- Access to global markets
- Highly educated and skilled workforce
- Excellent infrastructure for business growth
6. Switzerland
Known for its stable economy and high quality of life, Switzerland is one of the best countries in which to start a business, particularly for those focused on finance, technology, or innovation. The country offers low corporate tax rates, a skilled labour force, and a favourable business environment. Entrepreneurs can also benefit from the protection of intellectual property rights and a strong banking sector. Why it’s the best:- Low taxes and a stable economy
- Strong financial sector and investment opportunities
- Business-friendly environment with low bureaucracy
- Highly skilled workforce
7. Canada
Canada is one of the top choices for foreign entrepreneurs looking to start a business, offering an open and transparent regulatory environment. With a high standard of living and proximity to the United States, it’s an ideal location for companies looking to expand into North America. The country also provides various government incentives for businesses, particularly in sectors such as tech, healthcare, and clean energy. Why it’s the best:- Low barriers to entry for foreign entrepreneurs
- Strong economic growth and high quality of life
- Proximity to the U.S. market
- Access to skilled labour and diverse industries
- Strong government support for startups
8. Australia
Australia is a prime destination for entrepreneurs starting a business. The country boasts a stable economy, a skilled workforce, and an innovative culture that supports startups. The business environment is open and welcoming to foreign entrepreneurs, and the country’s favourable tax system and government incentives make it an attractive destination for setting up a business. Why it’s the best:- Business-friendly tax policies and low corporate tax rates
- Open to foreign investment
- Strong economic growth and diverse industries
- Access to a skilled labour force
- High standard of living
9. Estonia
Estonia has gained recognition as one of the best countries in which to start a business, thanks to its innovative digital economy and ease of doing business. The country offers an e-residency program, which enables foreign entrepreneurs to establish and manage their businesses online, making it a standout option for digital companies and tech startups. Estonia's tax system is favourable, especially for startups that reinvest their profits. Why it’s the best:- Digital business-friendly environment and e-residency program
- Low taxes for reinvested profits (0% corporate tax)
- Transparent and efficient government processes
- Access to European Union markets
- Innovative tech-driven economy
- Low corporate taxes and zero VAT
- Prime location for global trade, especially with China
- Transparent and efficient regulatory environment
- Access to international markets and funding
- Strong infrastructure and business-friendly policies
