An innovative idea is an important step when opening a new company but another issue to consider that will have a great impact on the success of the business is its location. Different countries have different business climates, incentives for foreigners and a general openness towards expats. Here are three attractive countries that offer different advantages for doing business.
The Netherlands
The Netherlands is known for its equilibrium between a good business climate and a good quality of life. The top three reasons to consider opening a business in the Netherlands include:
– a competitive tax regime;
– welcoming business climate for business owners and expats alike;
– good location in Europe.
There are several requirements for staying in the Netherlands and opening a company here. EU/EEA and Swiss nationals do not require a visa for staying in the country for a short period. However, arrangements are necessary for longer stays and for those who want to open a business.
If you are considering choosing the Netherlands as your new living and working location you can get a startup visa in the Netherlands helped by a local immigration expert.
Malaysia
Investors who are targeting the Southeast Asian markets can base their business in Malaysia and extend from there. The top three reasons to choose Malaysia to base your business include:
– good location for accessing the ASEAN countries (Association of Southeast Asian Nations).
– efficient business environment and good investor protection laws;
– a pool of skilled and English-speaking employees;
Foreigners wishing to open a company in Malaysia have several options when choosing the right business structure. They will then need to collect the trade licenses and the work visas, as needed. You can always ask for professional assistance if you wish to establish a company in Malaysia.
China
China is a giant that is growing rapidly. It has one of the largest internal markets in the world and it offers multiple opportunities for business, some of the industries and sectors being encouraged by the Chinese Government. The top three reasons for investing in China include:
– the large local market and the developing business climate;
– openness towards foreign direct investments and international trade;
– competitive costs for opening and running a business.
Company formation in China is subject to a few requirements and rules. Foreign investors are allowed to have complete foreign ownership if they choose to open a wholly foreign owned enterprise (WFOE).
The location of the business can have a tremendous impact on the success of its operations and future growth. You should always research the possible locations according to your business plan, available capital and plans for overall business growth.
Further reading on working in other countries
