Best Countries To Start A Business Abroad (Or Expand Your Business Overseas)

Starting a business overseas or expanding your business abroad is a big step – but it could be the best decision you ever make. Whether you’re chasing new markets, better tax benefits, or looking to be part of a thriving startup scene, choosing the right country makes all the difference.

To help you choose the best destination for your business, we’ve rounded up the 10 best countries to start a business abroad in 2025 based on corporation tax, government incentive and the local business ecosystem. If you’re ready to take your business to the next level, these are the places to watch.

Where are the best countries to start a business?

1/ United States

• GDP: US$27.72 trillion
• Corporate tax: 21%
• Best city to start a business: San Francisco

If tech’s your game, then the USA is calling. Or, more specifically, San Francisco. The San Francisco Bay Area is famed for having the highest concentration of high-tech companies in the USA, boasting easy access to Silicon Valley and the brightest STEM minds, possibly in the world. As of today, San Fran is home to 9 Fortune 500 companies, 300+ IT companies, 300+ biotech companies, and 200+ cleantech companies. There couldn’t be a more inspirational place to start or grow your business.

Despite what you may see in the news, the US is actually one of the most foreign-friendly countries for international business, and its start-up ecosystem is rated first in the world. Along with San Fran’s plethora of tech start-ups, the US as a whole is also a thriving hub for e-commerce, retail, education, and energy and environmental businesses.

Registering a business in the USA provides instant international standing, making it easier to attract financial backers and international partners. As a leader in the global market, the USA also provides access to worldwide economies, offering businesses unparalleled growth opportunities beyond their start-up years.

However, businesses must also consider the potential impact of President Trump’s tariffs and trading reforms. With a focus on reshaping international trade agreements, his administration’s policies could affect import-export costs, supply chain logistics, and overall business strategies for foreign and domestic companies alike. While these reforms aim to prioritise American businesses, start-ups and businesses relocating to the country may need to adapt their strategies accordingly.

2/ Singapore

• GDP: US$501.4 billion
• Corporate tax: 17%
• Best city to start a business: Singapore

Singapore is one of the most underrated countries to start a business. It has a flat corporate tax rate of 17%, a stable government and economy, and excellent trade agreements with several countries across the world.

With 27 different free trade agreements, Singapore has eliminated most of the tariff charges that are usually present when trading internationally. This, along with its simple business set-up process, makes Singapore one of the best places to start a business.

All you need to do to start a business in Singapore is comply with the set-up requirements, get the correct permits, and take out a corporate bank account. This simple and straightforward process is what makes Singapore so popular with new business owners.

As well as a thriving start-up culture, many multinational corporations are relocating their staff to Singapore due to its business-friendly environment. Singapore has seen a huge influx in businesses in the finance, technology and logistics spaces, largely thanks to its competitive corporate tax rate, strong legal framework, and strategic location as a hub for the Asia-Pacific region. Companies like Google, Facebook, and other rising fintech firms have successfully expanded their presence in Singapore, making it a growing hotspot for global talent.

3/ United Arab Emirates

• GDP: US$514.1 billion
• Corporate tax: 9%
• Best city to start a business: Dubai

The United Arab Emirates (UAE) has become a prime destination for both start-ups and established companies relocating staff, particularly in sectors such as finance, technology, and logistics. This trend is driven by the UAE’s strategic location, investor-friendly policies, and cutting-edge infrastructure. While real estate and consultancy have traditionally been prominent industries, the UAE has diversified its economy to include high-growth sectors like fintech, artificial intelligence, agritech and healthcare.

One of the UAE’s main draws as a country to start a business is its free-trade zones. A free-trade zone is a geographical area, most often located in and around seaports and international airports, in which businesses import, trade, and export goods with 0% tax rates. Free-trade zones can also be used by software, research, and financial-based companies, making the UAE a very popular place to start a business.

As of 2025, the UAE has implemented a corporate tax rate of approximately 9% to strengthen its position as a global business hub. Despite this, the tax remains one of the lowest in the world and does not apply to businesses operating within free-trade zones.

There is also a distinct locational advantage to starting a business in the UAE. As the midpoint between the East and West, the UAE facilitates business connections that might never have happened otherwise. If you’re looking for networking and potential collaboration opportunities, the UAE is by far one of the best countries to start a business.

4/ Estonia

• GDP: US$41.29 billion
• Corporate tax: 22%
• Best city to start a business: Tallinn

Estonia has emerged as one of the most business-friendly destinations in the world, making it an exciting country to start a business abroad. Known for its digital-first economy, low bureaucracy, and pro-business policies, Estonia offers a dynamic environment for starting and scaling a company.

One of Estonia’s biggest advantages is its e-Residency program, which allows foreign entrepreneurs to register and manage an EU-based business entirely online. This digital infrastructure, combined with a simple and transparent tax system (including a 0% corporate tax on reinvested profits) makes Estonia an attractive choice for start-ups and multinational companies alike.

Estonia has strong industries in tech, finance, logistics, manufacturing, and clean energy. Its highly skilled workforce, supported by one of the best education systems in Europe, provides companies with the talent they need to grow. The country is also known for its commitment to sustainability, with rapid advancements in green technology and renewable energy.

Strategically located between Scandinavia, Central Europe, and Russia, Estonia offers excellent access to European and global markets. It is part of the EU, Eurozone, and Schengen Area, making it easy for businesses to trade, move talent, and expand internationally.

Despite its small size, Estonia has built a stable, innovative, and forward-thinking economy. With strong government support for entrepreneurship, a thriving start-up ecosystem, and a global outlook, Estonia is an ideal destination for businesses looking to establish a presence in Europe.

5/ Ireland

• GDP: US$551.4 billion
• Corporate tax: 12.5%
• Best city to start a business: Dublin

The only English-speaking country in the EU, boasting business-friendly regulations and extensive networking opportunities, Ireland makes the ideal location for both start-ups and established businesses looking to grow a European base.

Many companies have successfully transitioned their operations to Ireland, benefiting from its stable economy, access to the EU market, and strong government support for business innovation.

The capital city, Dublin, is consistently ranked among the top cities in the world for business. A major draw for companies is Ireland’s attractive corporate tax rate – at just 12.5%, it remains one of the lowest in the world. As corporate tax is charged on profits, this low rate benefits companies in their early stages, allowing them to reinvest in growth and expansion.

The export market is another significant advantage for Ireland. In 2024, Ireland’s total exports reached €224 billion, with key sectors including pharmaceuticals, technology, financial services, and food and drink. The United States remains Ireland’s largest trading partner, accounting for nearly a third of all exports. This strong export focus makes Ireland a strategic choice for companies looking to expand internationally.

Ireland is home to the European headquarters of many leading global companies. Thirteen of the top 15 global medical technology companies operate in Ireland, alongside major players in finance, technology, and social media. Companies such as Google, Meta, LinkedIn and Apple have all set up offices in Dublin, solidifying the city’s reputation as a tech and business hub.

6/ France

• GDP: US$3.052 trillion
• Corporate tax: 25%
• Best city to start a business: Paris

Offering a strategic location, strong infrastructure, and a thriving economy, France is popular both with new and scaling businesses. As one of the largest economies in Europe and a key player in the European Union, France provides businesses with direct access to the EU market, making it an ideal location for international businesses.

France has made significant strides in recent years, with business reforms aimed at reducing bureaucracy, improving the labor market, and making it easier to start and run a business. France’s tax incentives for research and development, as well as its competitive corporate tax rate, make it an attractive choice for start-ups and tech firms. Additionally, France offers a highly skilled workforce, supported by one of the best educational systems in the world, especially in areas like engineering, finance, and technology.

The French government strongly supports the start-up ecosystem, with initiatives like the French Tech visa, aimed at attracting international entrepreneurs and tech talent. Beyond tech, France is a leader in aerospace, automotive, luxury goods, pharmaceuticals, and energy, as well as being home to one of the world’s leading financial hubs, making it an ideal base for businesses involved in finance, banking, and international trade.

7/ Netherlands

1. GDP: US$1.154 trillion
2. Corporate tax: 25.8%
3. Best city to start a business: Amsterdam

The Netherlands is a magnet for international business. Whether you’re launching a start-up or setting up a European base, the country’s business-friendly policies, world-class infrastructure, and highly skilled workforce see the Netherlands consistently rank among the best countries in the world to start a business abroad.

One of the biggest advantages of doing business in the Netherlands is its competitive tax system. In 2025, corporate tax rates remain between 15-25.8%, with additional incentives for innovation and research-focused businesses. The Dutch start-up ecosystem is thriving, with government grants, funding initiatives, and accelerator programs that support new businesses, especially in tech, sustainability, logistics, and agribusiness.

The Netherlands also offers unparalleled connectivity and trade advantages. Rotterdam’s massive port and Schiphol Airport’s global reach make it easy for businesses to operate across Europe and beyond. This accessibility has attracted major global corporations like Philips, Shell, and ASML, reinforcing the Netherlands’ reputation as a hub for multinational companies.

Beyond the business landscape, the Netherlands is also known for its high quality of life, stable economy, and is ranked as one of the happiest countries in the world. With one of the most multilingual workforces in the world and a strong focus on work-life balance, the country is an excellent option for anyone looking to start a business abroad.

8/ Switzerland

• GDP: US$884.9 billion
• Corporate tax: 14.6%
• Best city to start a business: Zurich

While Switzerland is not part of the European Union, its close economic ties and access to the European single market make it an excellent hub for business. Switzerland can freely trade with EU member countries, offering businesses the ability to expand into European markets without the technical or legal barriers that other non-EU countries might face.

This accessibility, along with Switzerland’s strong economic performance and strategic location at the heart of Europe, makes it an ideal destination both to start a business abroad, and for companies looking to relocate staff or establish regional offices.

Switzerland boasts one of the most highly skilled and productive workforces globally. As of 2025, Switzerland’s unemployment rate remains low at just 3%, signaling a healthy, competitive labor market. This workforce is especially attractive for companies in the high-tech, finance, pharmaceutical, and other specialised industries that require top-tier talent.

Politically, Switzerland has long been recognised for its stability. Its well-established legal framework and strong economy provide a secure foundation, while its central location opens doors to both European and global markets. It’s not surprising that businesses and entrepreneurs alike consider Switzerland one of the best countries in Europe to set up shop.

9/ Germany

• GDP: US$4.526 trillion
• Corporate tax: 15%
• Best city to start a business: Berlin

If you’re looking for a business-friendly country with access to talent, funding, and global markets, Germany is an obvious contender. One of Germany’s biggest draws is its reputation for innovation. The country is home to a thriving start-up scene, particularly in Berlin, which became home to 498 new start-ups in 2024.

Germany excels in industries like automotive, engineering, pharmaceuticals, and green energy. Government support, including grants, tax incentives, and access to European funding programs, makes it even easier for businesses to establish themselves.

Germany’s highly skilled and educated workforce is another major advantage to those looking to start a business abroad. The country’s dual education system ensures a steady stream of well-trained professionals across various industries, making it an attractive destination for companies needing top-tier talent. Germany also has strong employee protection and labor laws, which create a stable working environment for both employers and employees.

For companies expanding into Europe, it goes without saying that Germany provides seamless access to both EU and global markets. Its extensive transport networks, including major ports, highways, and rail connections, make international trade efficient and cost-effective. On top of that, the country’s economic stability – bolstered by a resilient financial system and strong industrial base – ensures that businesses operating in Germany are well-positioned for long-term growth.

10/ Canada

• GDP: US$2.142 trillion
• Corporate tax: 26.5%
• Best city to start a business: Toronto

And last but not least, if you’re looking for a place that balances business opportunity with an unbeatable quality of life, Canada might be your perfect match.

Canada stands out not just for its economic stability, but for its innovation, skilled workforce, and access to international markets. Yes, it has the highest corporate tax rate on this list – but don’t let that put you off. Generous tax credits, government grants, and R&D incentives help offset costs, making it an attractive destination for growth-minded businesses.

Beyond its financial perks, Canada actively welcomes entrepreneurs and skilled professionals through programs like the Start-up Visa and Global Talent Stream. Whether you’re in tech, finance, manufacturing, or natural resources, the country’s major cities each provide a strong ecosystem for scaling up. For example, while Toronto is the recognised centre for finance, Vancouver excels in sustainability and film, Montreal leads in gaming and aerospace, and Calgary is an energy and engineering hub.

With solid trade agreements, proximity to the U.S. market, and a politically stable environment, Canada offers businesses a reliable launchpad for global success. If you’re willing to trade slightly higher taxes for world-class infrastructure, access to talent, and a high standard of living, Canada could be the perfect place to build your business’s future.

Ready to start your business venture overseas?

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Making the move to another country can be challenging. But no matter where you go, you can take one thing off your mind. William Russell offers global health insurance that can cover you for everything from minor injuries to long hospital stays, and we even offer medical evacuations when emergency life or limb-saving treatment is required that is not available locally.

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We provide international employee benefits for groups of 3-9 employees, 10-39 employees and 40+ employees. Our range of health and protection plans are designed exclusively for expats and international businesses. Gain a competitive advantage with the right insurance benefits package for you.

Speak to us today to find out more about how William Russell could support your business.