Looking Forward to Starting a Company in 2021? Here are the Best Countries
Looking Forward to Starting a Company in 2021? Here are the Best Countries
Business setup is a considerable investment for an entrepreneur but there are plenty of
countries to look forward to in 2021. You should consider an ideal location before setting
up your businesses. There are several developed nations worldwide which have relaxed
the rules and procedures for company registration and introduced different programs to
attract foreign investment. Here are some of the countries you should consider for
company setup –
UAE
The United Arab Emirates offers a lot of amenities, flexible government rules, top quality
services and world leading infrastructure you need to do business easily. If you are
planning company formation in Dubai, here are some of its perks -
● The UAE is already a diversified and ever-growing country with a great rich across the
world for suppliers and import/export.
● The country also has geographic location advantage as it is rich in resources.
● It has global accessibility thanks to over 170 shipping routes and 90 airlines.
● There are no exchange controls and quotas for trade in the UAE
● Freight charges are also lower than other nations.
● There is no tax charged on corporate, capital or personal income and complete
repatriation is provided on profits and capital.
Singapore
Singapore is well regarded as the most secured, corporate-friendly and economically rich
country. It is one of those countries which provide healthiest environments for business
setup, as reported by the World Bank. It is also a politically steady country. Here are
some other benefits of setting up business there –
● Strong workforce
● One of the richest countries in the world with huge disposable income for the
people.
● It is easy to start and register a company on the web.
● No capital gains taxes or dividend
● Opens up great market opportunities through free trade agreements
Hong Kong
Minority investors have a lot of protection over there. Hence, Hong Kong is ranked one of
the best nations for business setup. A company can easily avail construction permits and
start cross-border trade. But the registration fees for a company is on a high side in Hong
Kong.
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