5 Best Foreign Countries to Do Business In

3. Canada

Corporate Tax Rate (2024): 15%

Foreign Direct Investment (2022): $49.98 Billion

GDP per Capita (2024): $54,866.05

National Entrepreneurial Context Index (2023): 4.8

Insider Monkey Score: 8.67

Canada is one of the best countries to do business in with an Insider Monkey Score of 8.67. The federal corporate income tax rate in Canada is 15%, and the provincial charge may range between 8% to 16%, not deductible for federal corporate income tax purposes.