5 Most Business Friendly Countries in the World

In this article,  we will take a look at the 5 most business friendly countries in the world. If you want to read our detailed analysis, you can go directly to 25 Most Business Friendly Countries in the World.

5. United Kingdom

Economic Freedom Index Ranking: 28

Ease of Doing Business Ranking: 8

Corporate Tax Rate Ranking: 10

Net Foreign Direct Investment Ranking: 3

Insider Monkey Score: 12.25

The United Kingdom ranks among the most business friendly countries in the world. The United Kingdom also had the third highest net foreign direct investment in 2022 worth $114.8 billion.

4. Denmark

Economic Freedom Index Ranking: 9

Ease of Doing Business Ranking: 4

Corporate Tax Rate Ranking: 18

Net Foreign Direct Investment Ranking: 17

Insider Monkey Score: 12

According to our methodology, Denmark is one of the most business friendly countries in the world. Denmark reported a corporate tax rate of 22% in 2022 with a net foreign direct investment of $231.6 million during the same year.

3. Sweden

Economic Freedom Index Ranking: 10

Ease of Doing Business Ranking: 10

Corporate Tax Rate Ranking: 16

Net Foreign Direct Investment Ranking: 11

Insider Monkey Score: 11.75

According to our methodology, Sweden ranks third among the most business friendly countries in the world. The country reported a corporate tax rate of 20.6% and net foreign direct investments of $15.1 billion in 2022.

2. Ireland

Economic Freedom Index Ranking: 3

Ease of Doing Business Ranking: 24

Corporate Tax Rate Ranking: 1

Net Foreign Direct Investment Ranking: 15

Insider Monkey Score: 10.75

According to our methodology, Ireland is among the most business friendly countries in the world. Ireland had a corporate tax rate of 12.5% in 2022 with a net foreign direct investment of almost $5.7 billion during the same year.

1. Singapore

Economic Freedom Index Ranking: 1

Ease of Doing Business Ranking: 2

Corporate Tax Rate Ranking: 5

Net Foreign Direct Investment Ranking: 33

Insider Monkey Score: 10.25

According to our methodology, Singapore is the most business friendly country in the world. Singapore reported net foreign direct investments of negative $90.1 billion in 2022 with a corporate tax rate of 17% during the same year. A negative FDI dollar value suggests that the country’s FDI outflows outweighed the inflows.

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