10 Best Countries to Start a Business

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2. Hong Kong

Ease of Doing Business Ranking: 3

Corporate Tax Rate Ranking: 7

Average Ranking: 5

Hong Kong is one of the best places to run a business in Asia. It is considered a financial hub and is a strategic gateway to the growing Chinese market. When it comes to corporate profits, Hong Kong has adopted a two-tier tax system. 

The first $0.25 million in profits is taxed at 8.25%, while the outstanding profit is taxed at 16.5%, making Hong Kong highly attractive to small businesses. Further, being a global financial hub, access to capital in Hong Kong is considerably easy.

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