Best Countries to Start a Business Abroad in 2025

Starting a business abroad is no longer reserved for multinational corporations with armies of lawyers. In 2025, a solo founder can register a company in Estonia from a laptop in Lisbon, open a business bank account in Singapore without stepping foot in Asia, and invoice clients worldwide from a free-zone office in Dubai. Governments are competing harder than ever to attract foreign entrepreneurs, and the winners are making the process fast, cheap, and genuinely accessible.

But not every country that markets itself as “business friendly” actually delivers. Some offer low taxes but make banking nearly impossible for non-residents. Others streamline company registration but bury you in ongoing compliance costs. A few quietly combine favorable tax treatment, efficient bureaucracy, strong digital infrastructure, and genuine support for foreign founders.

We evaluated the best countries to start a business abroad across six key dimensions: ease of doing business (including registration speed and cost), tax environment, startup ecosystem and funding access, digital and physical infrastructure, banking accessibility for foreign founders, and entrepreneur visa options. The result is a data-driven ranking that cuts through marketing hype and focuses on what actually matters when you are building a company from another country.

The 10 Best Countries to Start a Business Abroad in 2025

Here is the complete ranking. Each country receives a composite score out of 100 based on our weighted evaluation across all six dimensions. Click any country to explore its full profile.

1. Singapore — The Gold Standard for Business

Singapore has topped global ease-of-doing-business rankings for decades, and the reputation is earned. You can register a private limited company in less than 24 hours through the Accounting and Corporate Regulatory Authority (ACRA), with incorporation fees under SGD 400. The corporate tax rate sits at 17 percent, with generous exemptions for startups: new companies pay an effective rate of roughly 4.25 percent on the first SGD 200,000 of chargeable income for three years.

The startup ecosystem is world-class. Enterprise Singapore offers grants like the Startup SG Founder program, providing up to SGD 50,000 in early-stage funding. Venture capital activity in Southeast Asia routes heavily through Singapore, and the city hosts major accelerators including Antler, JFDI, and Entrepreneur First. Infrastructure is impeccable: 260+ Mbps average broadband speeds, a stable legal system rooted in English common law, and a banking sector that, while selective, serves foreign founders who present a legitimate business case.

The main barrier is cost of living. Office space, housing, and daily expenses are significantly higher than most other entries on this list. For founders who can afford the overhead, though, Singapore offers unmatched credibility with investors, seamless access to Asian markets, and a regulatory environment that simply works.

See full Singapore profile and scores

2. Estonia — The Digital-First Pioneer

Estonia transformed the game when it launched the e-Residency program in 2014, allowing anyone in the world to register and manage an EU-based company entirely online. Over 100,000 e-residents from 180 countries have since created more than 27,000 companies. You can incorporate in days, file taxes digitally, sign documents remotely, and manage your entire corporate lifecycle without visiting Estonia.

The tax system is uniquely founder-friendly. Estonia charges 0 percent corporate tax on retained earnings. You only pay tax (20 percent) when you distribute profits. For startups reinvesting revenue into growth, this means years of tax-free operation. The country also offers a Startup Visa for founders who want to relocate, with a straightforward application process and access to the EU single market.

Tallinn has a compact but high-quality startup ecosystem. Skype, TransferWise (now Wise), Bolt, and Pipedrive all originated here, creating a culture where building tech companies is a national sport. The coworking scene is mature, English proficiency is near-universal, and government services are 99 percent digital. The tradeoff is scale: Estonia is a small market, so founders typically use it as a legal base while serving customers globally.

See full Estonia profile and scores

3. UAE (Dubai) — The Tax-Free Launchpad

The UAE, and Dubai in particular, has engineered one of the most aggressive business attraction strategies on earth. Free zones like DMCC, DIFC, Dubai Internet City, and IFZA allow 100 percent foreign ownership, zero corporate tax (for qualifying free-zone entities), and zero personal income tax. Company setup in a free zone can be completed in under a week with packages starting around AED 15,000 (roughly USD 4,100).

The UAE introduced a 9 percent corporate tax in 2023, but free-zone companies earning income from outside the UAE or within the zone remain exempt. Visa access is straightforward: business owners can sponsor their own residence visa, and the Golden Visa program grants 10-year residency to investors and entrepreneurs meeting certain thresholds. Banking has improved significantly, with digital-first banks like Wio and mashreq neo serving foreign-owned businesses more readily than traditional banks.

Dubai’s infrastructure is exceptional: world-class airports connecting to everywhere, reliable 200+ Mbps internet, and a timezone (GMT+4) that bridges European and Asian business hours. The drawbacks are cost (Dubai is expensive) and the complexity of choosing the right free zone, since each has its own rules, fees, and permitted activities.

See full UAE profile and scores

4. Netherlands — The EU Gateway

The Netherlands is where American and Asian companies go when they want a European headquarters, and for good reason. The country offers a Dutch Innovation Box that taxes qualifying innovation income at just 9 percent instead of the standard 25.8 percent rate. Company registration through the Chamber of Commerce (KVK) takes one to five business days and costs under EUR 80.

Amsterdam is a legitimate tech hub with strong venture capital activity, a dense coworking ecosystem, and a workforce where English fluency is near-universal. The Netherlands also offers the 30 percent ruling, which exempts incoming foreign employees (and qualifying entrepreneurs) from tax on 30 percent of their salary for five years, dramatically reducing the cost of hiring international talent. Banking is straightforward, with ING, ABN AMRO, and Bunq all serving foreign-founded companies. As an EU member, the Netherlands gives immediate access to 450 million consumers and the regulatory credibility that comes with European incorporation.

See full Netherlands profile and scores

5. United Kingdom — Capital and Credibility

Despite Brexit, the UK remains one of the strongest jurisdictions for starting a business. Companies House lets you register a Limited Company online in under 24 hours for just GBP 12. The UK corporate tax rate is 25 percent for companies with profits over GBP 250,000, but smaller companies with profits under GBP 50,000 pay just 19 percent.

London’s startup ecosystem is the largest in Europe by venture capital volume, and the UK offers meaningful incentives like the Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS), which give tax relief to investors backing early-stage UK companies, effectively making it easier to raise capital. The Innovator Founder Visa provides a path for foreign entrepreneurs with a genuine, scalable business idea, endorsed by an approved body. The legal system, built on centuries of commercial common law, provides a level of contract enforcement and IP protection that few countries match.

See full UK profile and scores

6. Canada — Immigration-Friendly and Innovation-Driven

Canada stands out for having the only major economy with a dedicated Startup Visa Program that directly grants permanent residency to foreign entrepreneurs. If you secure a letter of support from a designated venture capital fund, angel investor group, or business incubator, you can immigrate and build your startup with a clear path to citizenship.

The federal SR&ED (Scientific Research and Experimental Development) tax credit provides cash refunds of up to 35 percent on qualifying R&D expenditures, one of the most generous programs globally. Toronto, Vancouver, and Montreal each host vibrant tech ecosystems, with Toronto ranking among the fastest-growing tech markets in North America. Corporate tax rates range from 15 to 26.5 percent combined (federal and provincial), competitive with most developed nations. The workforce is highly educated and culturally diverse, with immigration policies that make hiring international talent far easier than in the US.

See full Canada profile and scores

7. Germany — The Industrial Powerhouse

Germany is not the flashiest destination for startups, but it offers something many others cannot: the largest consumer market in the EU (83 million people), an extraordinarily skilled workforce, and ironclad intellectual property protection. Berlin has evolved into a serious tech hub with a growing concentration of venture capital, incubators, and international talent.

Company formation is more complex than some competitors, requiring notarization and a minimum share capital of EUR 25,000 for a GmbH (the standard limited liability company), though the streamlined UG (Unternehmergesellschaft) allows formation with as little as EUR 1. Corporate tax runs approximately 30 percent when combining federal and trade taxes. Germany compensates with substantial public funding programs, including EXIST grants for university-linked startups and the High-Tech Grunderfonds, one of Europe’s most active seed investors. The Freelance Visa and Self-Employment Residence Permit provide immigration pathways for entrepreneurs, though the process is more bureaucratic than Estonia or Singapore.

See full Germany profile and scores

8. New Zealand — Simplicity and Transparency

New Zealand consistently ranks as the easiest country on earth to register a business. The entire process is digital, takes under a day, and costs approximately NZD 115. The country is also routinely rated among the least corrupt nations globally, which translates to straightforward dealings with government agencies and minimal red tape.

The corporate tax rate is 28 percent, and the country offers an Entrepreneur Work Visa for founders looking to establish or purchase a business. New Zealand’s startup ecosystem is small but punches above its weight, with strong government support through Callaghan Innovation grants and a Kiwi-startup culture built on resourcefulness. Internet speeds average 160+ Mbps thanks to nationwide fiber investment. The tradeoff is geography: New Zealand is physically remote from major markets, which matters for businesses that depend on in-person relationships or time-sensitive logistics.

See full New Zealand profile and scores

9. Portugal — Europe’s Startup Darling

Portugal has rapidly built a reputation as one of Europe’s most welcoming countries for entrepreneurs. The Startup Visa program, launched in 2018, provides a residency permit for non-EU founders accepted into a certified incubator. Lisbon’s Web Summit residency (the world’s largest tech conference moved its permanent home here) has catalyzed a wave of founder migration.

The Non-Habitual Resident (NHR) tax regime, while recently reformed, still offers favorable treatment for qualifying income streams, and corporate tax rates start at 17 percent for SMEs on the first EUR 50,000 of profit. Company formation costs approximately EUR 360 through the Empresa na Hora (company in an hour) service. Lisbon and Porto have thriving coworking scenes, growing VC activity, and a cost of living significantly lower than London, Amsterdam, or Berlin. For founders who want an EU base with high quality of life and strong community, Portugal delivers.

See full Portugal profile and scores

10. Georgia — The Low-Cost Disruptor

Georgia is the dark horse of international business formation. The country offers a 1 percent tax rate for small businesses with revenue under GEL 500,000 (roughly USD 190,000), a territorial tax system that exempts foreign-sourced income, and company registration that completes in one day for under USD 50. Citizens of over 95 countries can stay for a full year without a visa.

The World Bank has consistently ranked Georgia among the top 10 countries globally for ease of doing business, a remarkable achievement for a nation of under four million people. Tbilisi offers a rapidly improving startup scene, fiber internet at competitive speeds, and a cost of living where USD 1,500 per month provides a very comfortable lifestyle. Banking is accessible, with Bank of Georgia and TBC Bank both offering accounts to foreign-owned businesses. Georgia is ideal for bootstrapped founders, freelancers operating through a corporate entity, or service businesses that do not need access to a large local market.

See full Georgia profile and scores

Estonia vs Singapore: A Head-to-Head Comparison

Estonia and Singapore represent two fundamentally different approaches to attracting foreign entrepreneurs. Estonia leads with digital infrastructure and tax efficiency. Singapore leads with ecosystem depth and global credibility. Here is how they compare on the metrics that matter most to founders building an international business.

The short version: Estonia wins for solo founders, bootstrapped businesses, and anyone who wants to run a company remotely with minimal tax burden and maximum flexibility. Singapore wins for venture-backed startups, companies targeting Asian markets, and founders who need deep ecosystem support and blue-chip credibility. Many founders solve this by incorporating in Singapore for investor-facing purposes while using Estonia’s e-Residency for EU operations.

Best Countries for Tech Startups

If your business is specifically in technology, the calculus shifts. Tech startups care disproportionately about venture capital access, engineering talent, R&D incentives, and the density of other startups nearby. Here is how the top 10 re-rank when we weight heavily for tech-specific factors.

The standout shift is the United Kingdom jumping to second place. When it comes to raising venture capital in Europe, London is in a league of its own, with more VC deployed annually than the next three European cities combined. Canada’s climb reflects its exceptional R&D tax credits and the Startup Visa Program, which no other country of its size matches. Singapore holds the top spot in both rankings because it combines ecosystem depth with structural advantages that serve founders at every stage.

Key Factors for Choosing Where to Start a Business Abroad

Rankings provide a starting point, but the best country for your business depends on your specific situation. Here are the factors that should drive your decision.

Tax structure and optimization

Corporate tax rates grab headlines, but effective tax burden matters more. Estonia’s 0 percent on retained earnings means you pay nothing while reinvesting. The UAE’s free zones offer true zero tax for qualifying activities. The Netherlands’ Innovation Box drops the rate to 9 percent on IP income. Singapore’s startup exemptions cut the effective rate below 5 percent for the first three years. Look beyond the headline rate and model your actual tax liability based on how your specific business generates and distributes profit.

Banking and financial infrastructure

This is where many founders get stuck. Opening a business bank account as a non-resident ranges from trivial (Georgia, UK) to frustrating (Singapore, Germany). The rise of fintech alternatives like Wise Business, Mercury, and Relay has eased the pain, but most serious businesses still need a local bank account for credibility and payment processing. Research banking requirements before you commit to a jurisdiction.

Visa and residency pathway

If you plan to physically relocate, the visa pathway matters as much as the business environment. Canada’s Startup Visa leads directly to permanent residency. Portugal and Estonia offer startup visas with clear residency paths. The UAE’s investor visa grants long-term residency. Georgia lets you stay a year visa-free while you build. Match the immigration pathway to your long-term plans, not just your first year.

Market access and strategic positioning

Where you incorporate determines which markets you can access most easily. EU-based companies (Estonia, Netherlands, Portugal, Germany) benefit from the single market and GDPR compliance credibility. Singapore serves as the gateway to ASEAN’s 680 million consumers. The UK maintains strong trade links with both North America and the Commonwealth. Georgia sits at the crossroads of Europe and Central Asia. Think about where your customers are, not just where the taxes are lowest.

The Bottom Line

The landscape for starting a business abroad in 2025 is more accessible, more competitive, and more diverse than at any point in history. Governments understand that attracting entrepreneurs means attracting jobs, tax revenue, and innovation, and the best among them are removing barriers faster than ever.

Singapore leads our overall ranking for its unbeatable combination of startup ecosystem depth, regulatory efficiency, and global credibility. Estonia proves that a small country with the right digital infrastructure can compete with anyone. The UAE offers a tax-free proposition that, combined with its strategic location, is hard to argue against for the right business. And Georgia demonstrates that you do not need a massive economy to create one of the most founder-friendly environments on earth.

The right choice depends on your business model, your target market, your tax situation, and whether you want to relocate or manage remotely. The data is clear on one thing: the barriers to building a global business from anywhere have never been lower. The only question is which launchpad fits your ambitions.

Use our personalized matching tool to find the country that fits your priorities, or compare countries side-by-side to make a data-driven decision.