The business is going well and the growth prospects are promising? It's the right time to analyze and optimize costs.
And if the activity is worth expanding to other states, an analysis of the taxation levels is necessary for a more favorable decision. Also, a selection can be made geographically for optimal distances, but also based on taxation, essential element for long-term objectives.
Here is a selection of today's best markets to expand your business:
- The Netherlands remains one of the most investor-friendly countries, with a good quality of life, start-up costs of 4% of GNI per capita and a business tax rate of 25.8%.
- The Czech Republic has a good openness to investors with start-up costs of 1.1% of GNI, a tax of 19% for builders and equity through reasonable salaries.
- Ireland with competitive costs and low tax of 12.5% remains a popular business destination.
- UK attracts with free opening of new businesses and 19% tax, skilled workforce, efficient infrastructure, flexibility and excellent regulation.
- UAE with very good location and no tax, except for banking and hotel business.
- Qatar with high quality infrastructure, stability, increased security, diversity and 10% tax.
- India is worth as a large market, low operating costs, manufacturing focus and extraordinary growth potential.
- Malaysia has become a favorable area in terms of climate and costs, offering various medical and recreational benefits as well as safety and potential for accelerated development.
- Singapore is an important financial and strategic center, operating as a free-market economy with low taxation at 17%, with a focus on innovation and technology and a well-trained workforce.
In addition to these, there are free areas with special status in full development such as in Azerbaijan or the new satellite cities in Egypt and Saudi Arabia.
The international tax reform initiated by the OECD will lead to a reconsideration due to the standardization of taxation.
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