10 Business-Friendly Countries with Low Taxes and Little Bureaucracy

If you want to start a business in another region or continent, the first step is to get involved in communities of fellow entrepreneurs. If you want to open an seo agency in singapore, join the linkedin or facebook group for digital marketers in singapore. If you want to start a business in the united arab emirates or the uk, there are plenty of groups you can join.

• The corporate tax rate of only 10% is lower than in almost all European countries. 
• There is an abundant offer of credit lines for entrepreneurs. 
• The government is quick to solve obstacles with construction permits. 
• The government's macroeconomic policies are remarkably stable. 
• A company can register a company in just 4 hours, and some programs allow you to register a company in just 4 hours.
• Place in the Ease of Doing Business Ranking: 17th
• Corporate Tax Rate: 10% (21st lowest in the world).

Georgia is one of the easiest places in the world to start a business. The country established a cluster of free industrial zones. 

There are no corporate, income, profit, or property taxes. The country has a low corporate tax rate of 15% (36th lowest in the world) in the last decade, the country has become one of the easiest places in the world to start a business.

Place in the Ease of Doing Business Ranking: 7th.

Corporate Tax Rate: 15% (36th lowest in the world).

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 Ease of Doing Business Ranking: 2nd

Corporate Tax Rate: 17% (48th lowest in the world)

Since Lithuania left the Soviet Union, this small Baltic nation had a streak of fortune. The low real estate costs are attracting investors from other parts of Europe. 

The Lithuanian journey upwards is somewhat ignored because of the bigger hype over their neighbor, Estonia. Registering properties in Lithuania is easy, and the low real estate costs are attracting investors from other parts of Europe.

Place in the Ease of Doing Business Ranking: 11th

Corporate Tax Rate: 15% (36th lowest in the world).

The Bahrainiaini government does not charge corporate tax. The downside of this gulf island is the often conflictual relations with its neighbors. Place in the Ease of Doing Business Ranking: 43rd

Corporate Tax Rate: 0% (lowest in the world).

The corporate tax rate in Ireland is only half the rate of countries like Belgium, for example.

If this is not enough to convince you how friendly this island is to entrepreneurs, consider all the entrepreneurial development programs that this island offers. 

Place in the Ease of Doing Business Ranking: 24th

Corporate Tax Rate: 12.5% ( 33rd lowest in the world).

Until a few decades ago Montenegro was part of Yugoslavia, a communist state. It is one of the countries that are close to joining the European Union. The corporate tax rate of 9% is the lowest in Europe (tied with Hungary) when you don’t consider tax havens like Guernsey or Jersey islands.

Place in the Ease of Doing Business Ranking: 50th

Corporate Tax Rate: 9% (19th lowest in the world).

Hungary has the lowest corporate rate in the European Union. Besides this attractive title, it also is one of the best-connected trading points in the EU.

The country still requires many of the old-style, post-communist paperwork to get construction permits or register for utilities.

Place in the Ease of Doing Business Ranking: 52nd

Corporate Tax Rate: 9% (19th lowest in the world).

The Estonian governed digitalized most of their processes, so entrepreneurs will waste little time dealing with registrations, permits, and unproductive paperwork. 

You can incorporate a company in a matter of hours.

Place in the Ease of Doing Business Ranking: 18th

Corporate Tax Rate: 20% (61st lowest in the world).

While this beautiful Asian country has a natural advantage for the tourism industry, other sectors also benefit from its low costs, large English-speaking community, and high connectivity. So many airlines fly large planes to Bangkok that the two times I flew on the colossal A380, both were to the Thai capital.

The Thai government has the fame of being harsh with foreigners that break the local laws or do not have all the needed permits.

Place in the Ease of Doing Business Ranking: 21st

Corporate Tax Rate: 20% (61st lowest in the world).