It may seem that the best country to start a business from will be the one in which you live. However, with different countries changing the rules and regulations that govern the starting of businesses each and every year, you may well be surprised by just how much difference one might find simply by choosing to base their company somewhere else.
Over the last few years, a surprisingly large number of countries have made it far easier for an individual to start a business, with well over 50 countries streamlining the process in a bid to attract more business to their shores. This is the crux of the matter – the better a country makes the process of starting a business, the more businesses they will have on their shores and in turn the better their economy is likely to be.
Currently, Europe seems to have more countries in the top 10 than anywhere else, with Denmark, Ireland, Norway, Iceland and, surprisingly, the UK all making the grade. However, with its extremely favourable tax breaks, its great location in terms of bridging deals with the Middle East, glorious weather and simple processes, Cyprus seems to be one of the best places at the moment for almost any type of business.
Doing business in Cyprus brings many benefits and not only might it be extremely easy to boost profits significantly due to the low taxation rate, but it is also very easy to trade across borders and deal with administration such as registering property and gaining relevant permits.
With a number of notable sites offering Cyprus corporate services online, every step of setting up a business in Cyprus is now easier than ever too, making it even more favourable for people to look at moving or starting their business there, whether in the long term or even just in the short term.