If you’re thinking about starting a business or investing abroad, where should you go?
Every year, the World Bank ranks countries based on how easy (or difficult) it is to do business. Factors include:
How easy it is to register a company
Taxes and legal policies
Access to funding
Labor market flexibility
Let’s break down the top winners and losers for 2024!
The Best Countries for Business & Investment
1. New Zealand 🇳🇿 – The world’s easiest place to start a business!
It takes less than a day to register a company here. Clear regulations, strong legal protections, and minimal bureaucracy make it an investor’s dream.
2. Singapore 🇸🇬 – A financial and tech powerhouse
Low corporate taxes, world-class infrastructure, and a thriving business ecosystem. It’s no surprise global companies choose Singapore as their HQ in Asia.
3. Denmark 🇩🇰 – A smooth, investor-friendly environment
Denmark’s government actively supports new businesses with simplified processes and easy access to capital.
🇦🇪 Best in the Middle East: UAE (Ranked 11th globally)
The UAE is the easiest place in the Arab world to start a business, thanks to:
0% income tax
Free economic zones
Government incentives for startups and international companies
Emerging Market Champion:
India (Ranked 50th)
India jumped 50 spots in just a few years by making it easier to:
Get business permits
Open corporate bank accounts
Access funding for startups
The Worst Countries for Investment (High Risk)
1. Venezuela 🇻🇪 – Economic meltdown & hyperinflation
Investors avoid Venezuela due to extreme political instability, a collapsing economy, and out-of-control inflation.
2. Eritrea 🇪🇷 – Business environment? What business environment?
With strict government control, limited financial institutions, and weak legal protections, Eritrea remains a nightmare for entrepreneurs.
3. Somalia 🇸🇴 – Ranked last globally
Somalia faces major security risks, weak banking systems, and extreme corruption, making it almost impossible to do business.
🇪🇬 Egypt (Ranked 120th) – Improving, but challenges remain
Egypt has made progress in simplifying business registration, but challenges like bureaucracy, taxation policies, and slow legal processes still hold it back.
Where Should You Invest?
If you’re looking for stable economies, investor-friendly policies, and strong growth potential, consider:
Singapore, New Zealand, Denmark (Safe & profitable business hubs)
India, UAE, and China (High-growth emerging markets)
Avoid high-risk economies like Venezuela, Eritrea, and unstable regions.
Thinking of investing or expanding your business? Check the ranking before making a move!
💬 Which country do you think offers the best opportunities for investment? Let’s discuss!
