5 Best Foreign Countries to Do Business In

2. Germany

Corporate Tax Rate (2024): 15.825%

Foreign Direct Investment (2022): $62.73 Billion

GDP per Capita (2024): $54,290.94

National Entrepreneurial Context Index (2023): 4.8

Insider Monkey Score: 8.50

With an Insider Monkey score of 8.5, Germany ranks second on our list of the best foreign countries to do business in. Germany had a foreign direct investment worth $62.73 billion in 2022, the fourth largest on our list. While the corporate income tax is 15.825%, Germany also has a trade tax ranging from 8.75% to 20.3%, depending on the location of the business.