Top 10 Countries to Start a Business In : Under30CEO Top 10 Countries to Start a Business In : Under30CEO
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Top 10 Countries to Start a Business In

| October 24, 2011 | 12 Comments

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The World Bank just released their annual Doing Business report which ranks 183 countries based on 10 topics. The topics are starting a business, construction permits, electricity, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency. While the United States ranks #4 for the overall ease of doing business it lands all the way down at #13 for the ease of starting a business. Some countries near the top may surprise you…

If you’re looking to start a business here are the top 10 countries on the list for starting a business in:

1. New Zealand

2. Austrailia

3. Canada

4. Singapore

5. Hong Kong SAR, China

6. Macedonia, FYR

7. Georgia

8. Rwanda

9. Belarus

10. Saudi Arabia

How can the United States improve it’s ranking to start businesses in? As a young business owner would you ever move to a different country to start your business?

About the Author: Jared O'Toole

Co-founder and editor of Under30Media. You can send an email to Jared(at)Under30CEO.com. Follow him on Google+ or @JaredOToole

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Category: Startup Advice

  • http://under30ceo.com MattWilsontv

    What the hell happened to the American Dream???????

  • Pedro

    It was outsourced to china. #5

  • Almonte_37

    Macedonia no MACADONIA

  • http://www.peaceofcode.com/ peaceofcode.com

    I would add China (mainland) or Thailand. I also think running a company is more complex these days. As an American I like Nevada S Corporations and then go live in Thailand and run an online business. You can fly between China and USA to setup manufacturing and establish your markets. But living and working in multiple countries takes a special lifestyle and skillset. In order to make it easier to obtain local respect and year long visas for your passport you might try and start a company in both Thailand and China. I pay all tax but for people starting out if you earn less than $90k a year and you live outside the US then you pay no tax, but you still have to file yearly. I bring my wife and daughter all over the world and they love it. International Schools in Thailand and medical are top notch!

  • Alharasic

    What about Chile? Check the Startup Chile program: http://www.startupchile.org. They’ll give 40K to anyone willing to come to Chile with a new idea.

  • http://Under30CEO.com Jared O’Toole

    Fixed. Thanks

  • Andris Mike

    What is WB smoking … Belarus with no currency and dictator in charge? Unstable Georgia ? Following their logic Iran should also be included. Also surprised to see Canada there. Chile, Ireland is def missing.

  • http://www.i95dev.com Henry Louis

    Thanks Jared for providing this information. But I think it would be more helpful if explained in some more detailed manner about the specialties of those countries in business.

  • Pingback: Top 10 Countries to Start a Business | Accounting and Small Business /Beverly Shares

  • Parandeh

    I can tell you where you should not start a business.  SPAIN.  The labour law is one sided, that you can employ someone who does nothing but steal, skive and lie and if you want to get rid, you have to pay them exorbitant sums, sometimes nearly as large as 10,000 to 15,000 euros.  This is your present from the social security system in Spain for being an entrepreneur and creating work.  If you want more read the post from from: Marking Varsavsky  http://english.martinvarsavsky.net/general/us-entrepreneurs-in-europe-beware.html warning people about setting up Businesses in Spain.

  • http://twitter.com/GJaniashvili George Janiashvili

    haha, funny

  • http://twitter.com/GJaniashvili George Janiashvili

    haha, funny