7.7 C
London
HomeSector InsightsEmploymentNew study reveals the top European countries for new business entrepreneurs

New study reveals the top European countries for new business entrepreneurs

  • A new report by Blacktower reveals the top countries in Europe for entrepreneurs
  • Searches for ‘How to open a new business’ increased by 200% in the past year
  • Eastern Europe at the top of the list for new business ventures

Investing in a new business at home can be difficult at the best of times, but it can be even trickier when you want to begin new business ventures overseas. However, with searches for ‘How to start a new business’ increasing by 200% in the past years, it is safe to say people are looking at ways to invest.

To give an idea of the best countries overseas to start a business in and using data garnered from a variety of statistical websites, such as Statista, Blacktower Financial Management Group ranked 31 countries across Europe as the best places for entrepreneurs, based on the percentage of the population with university degrees, average net salary, corporate tax rate, cost of living, and office renting cost per square metre.

The report analysed and assigned a value of 1-5 for each factor, each factor being weighed differently. For example, low corporation tax and higher degree percentage in the population would have scored higher.

The countries were then ranked based on which had the highest score overall when the score of our five chosen factors were combined together.

Rank Country Degree Prevalence (%) Average Net Salary (€) Corporate Tax Rate (%) Cost of Living (€) Annual Office Renting Cost Per Square Metre (€)
1 Lithuania 38.7 1059 15 567.79 204
2 Cyprus 40.2 1658 12.5 712.25 156
3 Bulgaria 25.6 665 10 486.92 240
4 Hungary 23.6 950 9 486.49 162
5 Estonia 37.1 1214 20 661.08 228
6 Latvia 33.2 1050 20 599.41 216
7 Poland 28.9 1002 19 515.22 294
8 Slovenia 31.5 1363 19 655.07 180
9 Romania 16.2 785 16 463.1 228
10 Croatia 22 974 18 585.85 207
11 Slovakia 23.9 919 21 566.8 204
12 Portugal 25.4 1110 21 533.65 288
13 Greece 28.5 1116 24 640.16 252
14 Ireland 42.8 3041 12.5 853.97 673
15 Spain 36 2039 25 619.47 408
16 Finland 39.8 2509 20 812.57 444
17 Czech Republic 21.1 1250 19 603.35 288
18 Belgium 37.6 2442 25 813.53 315
19 Netherlands 36.6 2152 25 908.98 221
20 Malta 28.1 1021 35 733.45 175
21 Luxembourg 40.9 3573 24.9 960.25 427
22 Austria 31.3 3104 25 840.73 312
23 Sweden 38.3 2770 20.6 838.62 1022
24 Denmark 33.7 3914 22 937.2 275
25 Italy 17.9 1752 24 757.29 360
26 UK 40.6 2454 19 786.61 1513
27 Norway 38.8 3795 22 1134.4 562
28 France 35.3 2791 26.5 849.99 890
29 Iceland 36.8 3221 20 1102.01 858
30 Germany 27.2 2952 30 802.35 540
31 Switzerland 39.3 4902 14.9 1415.75 688

 

Eastern Europe and the Baltic countries are the most promising

One place new business can thrive is in those nations whose economies are rising quickly to begin competing with those of other more established countries, like France and the UK. Interestingly, the majority of the top countries sat firmly in Eastern Europe.

At the top of the ranking for promising countries for new business entrepreneurs is Lithuania. With a corporate tax rate of just 15%, and low office renting costs, establishing, and turning a profit with a new business could be simpler than anticipated.

Next up, we have Cyprus and Bulgaria. Cyprus has an even lower corporate tax rate, just 12.5%, but its higher cost of living puts it just below Lithuania. Bulgaria, on the other hand, sits in third place due to its low degree percentage. However, all three countries could make prime new business investment opportunities.

Countries offering the lowest rent costs and corporate tax

Besides Cyprus and Hungary, some of the countries with the lowest rent costs include Malta, Slovakia, and the Netherlands. Paying lower costs for good office space is always helpful for a new business, allowing you to invest resources elsewhere.

And to save funds on corporate tax, then Ireland, Switzerland, and the Czech Republic make for good options outside of the top ten.

For comprehensive study materials, visit Oxbridge Notes.

latest articles

explore more

416 COMMENTS

  1. You’re so awesome! I don’t believe I’ve truly read anything like that before. So good to discover someone with unique thoughts on this topic. Seriously.. thanks for starting this up. This web site is something that is needed on the web, someone with some originality.

  2. Oh my goodness! Incredible article dude! Many thanks, However I am going through troubles with your RSS. I don’t understand the reason why I can’t join it. Is there anyone else having the same RSS issues? Anyone that knows the solution can you kindly respond? Thanx.

  3. Albert Chaminade working together his venture asked the Mayor Louis Longequeue it could actually affirm to cowl the Sports Palace with this wave kind that gives it to different rooms and hosts a mode from the club Basketball CSP Limoges, but in addition varied sporting events (Davis Cup, Fed Cup tennis, basketball matches and feminine handball).

  4. Hansen acquired his bachelor’s diploma in advertising and marketing from Oklahoma State College and earned a master of business administration from the Thunderbird Faculty of world Management together with a master of science in accounting from the College of St.

  5. Oh my goodness! Awesome article dude! Thank you, However I am going through difficulties with your RSS. I don’t understand the reason why I cannot subscribe to it. Is there anybody else having the same RSS problems? Anyone who knows the solution can you kindly respond? Thanks!

  6. Some international locations, like Chile and Costa Rica, have upped the ante, requiring insurance coverage that covers quarantine bills whereas others like Jordan and Lebanon have launched necessary protection for medical evacuation, guaranteeing you get whisked again home safely, should the necessity come up.

  7. Hello! I simply would like to offer you a huge thumbs up for the excellent information you have got here on this post. I’ll be coming back to your site for more soon.

  8. Well, they’re gone. International locations like Argentina, Bolivia, and the Bahamas that I have visited several times without getting travel insurance now sing a different tune, mandating protection for medical emergencies (primarily because of the pandemic instances).

  9. After I originally left a comment I appear to have clicked the -Notify me when new comments are added- checkbox and now whenever a comment is added I get four emails with the same comment. Is there a means you can remove me from that service? Kudos.

  10. Oh my goodness! Awesome article dude! Many thanks, However I am having problems with your RSS. I don’t understand why I am unable to join it. Is there anybody getting similar RSS problems? Anybody who knows the answer will you kindly respond? Thanks!!

  11. In addition, the requirements are versatile in that meals processors may develop preventive controls that fit their merchandise and operations, as long as they are adequate to considerably reduce all food-safety hazards which are reasonably prone to happen, in keeping with FDA.

  12. An outstanding share! I’ve just forwarded this onto a colleague who had been doing a little homework on this. And he in fact bought me breakfast due to the fact that I discovered it for him… lol. So allow me to reword this…. Thanks for the meal!! But yeah, thanx for spending some time to discuss this matter here on your website.

  13. Howdy! I simply would like to give you a huge thumbs up for the excellent info you have right here on this post. I am coming back to your blog for more soon.

  14. I blog often and I truly thank you for your content. Your article has really peaked my interest. I am going to take a note of your site and keep checking for new information about once a week. I opted in for your Feed as well.

  15. Day 2, journey from Paris to Salzburg by Nightjet, leaving Paris Est at 19:12 on Tuesdays, Thursdays & Saturdays, arriving Salzburg Hbf 07:26.Essential replace 2024: ÖBB have given up making an attempt to run this train from 12 August to 25 October 2024, because of the amount of trackwork.

  16. I blog quite often and I really appreciate your content. Your article has really peaked my interest. I’m going to bookmark your website and keep checking for new details about once per week. I subscribed to your Feed as well.

  17. The comfort meals-impressed menu contains gourmet 1/4-pound sliders – choose from pesto hen or tofu ($7), barbecue kalua pork ($7), crispy cheeseburger ($8) or a plant-primarily based burger ($8) – gourmet hot dogs ($9-$11), tender tacos with crispy cheese ($5-$6) or double-fried fries with assorted toppings ($12-$14).

  18. Day 3, journey from Geneva to Bratislava, leaving Geneva at 09:15 by Swiss Intercity practice and changing onto the 12:40 railjet prepare from Zurich HB to Bratislava Hlavna, arriving 21:51.This direct Zurich-Bratislava train started operating in December 2018, with restaurant automotive, energy sockets at all seats & free WiFi.

  19. Britt Design Studio added a convivial seating area with 4 comfy armchairs round a espresso table in this saturated blue dwelling library, making it the proper place to learn or gather.

  20. Primary stage: Spacious kitchen with household consuming area; Family room with doors onto massive west-dealing with deck, with stairs to patio and back backyard; Dining room with doors onto the deck (there’s a BBQ there if you wish to use it); Living room with gas fireplace; Full bathroom.

  21. As the execution of program code sometimes causes an instruction memory entry sample of locally consecutive addresses, bus encodings utilizing Gray code addressing as a substitute of binary addressing can reduce the variety of state adjustments of the deal with bits significantly, thereby lowering the CPU power consumption in some low-power designs.

  22. Beginning July 2015, the people of Patidar community carried out demonstrations across the state in search of Different Backward Class standing which turned violent on 25 August and 19 September 2015 for brief period.

  23. El Corte Inglés, Spain’s most iconic division store, isn’t simply a spot to shop for the usual designer fashions, kitchen gear, and electronics-zip up to the highest ground of the monolithic flagship at Plaza del Callao, and you’ll uncover a buzzy indoor-outside meals court and epicurean grocery the place you may track down onerous-to-discover elements to your larder-and grab a bite in the process.

  24. Hello there, There’s no doubt that your website could possibly be having browser compatibility problems. When I take a look at your site in Safari, it looks fine however, if opening in Internet Explorer, it has some overlapping issues. I just wanted to give you a quick heads up! Other than that, great site!

  25. Yes, there’s a way during which there’s no doubt the Pope goes to decide on individuals who reflect his vision of the church, there’s no doubt that you will not get to the point of being an Archbishop immediately or a Bishop in a really large diocese, they usually’re the type of people who find themselves chosen as Cardinals usually speaking, if you’re not working in the Vatican, you won’t get there until you do in many ways mirror the agenda that has run proper via this papacy.

  26. The substantial blue day had faded to a paler and more ethereal blue; the clouds were pink, far away and closely packed together; and the peace of night had replaced the heat of the southern afternoon, in which they had started on their walk.

  27. After checking out a few of the blog articles on your web site, I truly like your technique of writing a blog. I saved it to my bookmark webpage list and will be checking back in the near future. Please check out my website as well and tell me what you think.

  28. Fehmi Naji: Effectively you simply said before that the Catholics got here right here 100 years in the past; we have now been here lower than 50 years, the majority, maybe some of them have 10 or 20 or 30, so once they attain the 100, possibly they are going to be different, for certain.

  29. She took some time to reply, and during that time she went again and again the course of her twenty-four years, lighting now on one point, now on one other–on her aunts, her mom, her father, and eventually her thoughts mounted upon her aunts and her father, and she tried to describe them as at this distance they appeared to her.

  30. The very next time I read a blog, Hopefully it doesn’t fail me as much as this one. After all, I know it was my choice to read through, however I actually believed you would have something helpful to say. All I hear is a bunch of whining about something you could fix if you weren’t too busy looking for attention.

  31. I’m amazed, I have to admit. Rarely do I come across a blog that’s both educative and entertaining, and without a doubt, you have hit the nail on the head. The issue is an issue that too few people are speaking intelligently about. I am very happy that I found this in my search for something concerning this.

  32. Within the early spring he visited various Indian villages, returning within the late spring to Sault Ste Marie, but coming again in the same autumn with Father Dablon, when a number of missions had been founded.

  33. Versatile work rules allowed Wisconsin Central to make use of an average crew size of two, and because they had been cross-skilled in varied aspects of rail obligation its crews could be known as upon to perform duties as required without elevating a labor representative’s ire.

  34. Shulk’s unused weapons are attention-grabbing: apart from the Debug Sword, which is strictly what it seems like, there’s a set of unfinished early-recreation weapons which might suggest Shulk was intended to have entry to more than simply the Junk Sword prior to acquiring the Monado.

  35. With these American flag crafts, you may shake off your summer fun hangover someplace in mid-summer time so that you are well-rested to have fun Independence Day with associates and household on July 4th.

  36. In 1822 the federal government fur-trading manufacturing facility system was abolished, and in the identical 12 months the rush of speculators to the lead mines in south-western Wisconsin began.

  37. In the world of Climate Change, Bolivia – along with Bangladesh, Cambodia, Mozambique, Nepal, Niger, Tajikistan and Zambia – has been selected to be a part of the Pilot Program for Local weather Resilience (PPCR) below the Strategic Climate Fund.

  38. The advocate, being lodged, the lover walked about the courtyard, watching and waiting for a glance from the lady; and he didn’t have to wait very long, because the truthful Avenelles, looking soon into the courtroom, after the custom of the ladies, there recognised not without nice throbbing of the center, her gallant and well-beloved gentleman.

  39. The next time I read a blog, Hopefully it won’t fail me as much as this particular one. I mean, I know it was my choice to read, however I really believed you would probably have something interesting to talk about. All I hear is a bunch of whining about something that you could possibly fix if you weren’t too busy searching for attention.

  40. Can I just say what a relief to uncover a person that actually understands what they’re talking about on the internet. You certainly understand how to bring an issue to light and make it important. More people should check this out and understand this side of the story. It’s surprising you aren’t more popular because you surely possess the gift.

  41. Hi, I do think this is an excellent blog. I stumbledupon it 😉 I may return yet again since i have book marked it. Money and freedom is the greatest way to change, may you be rich and continue to help others.

  42. Gachapon (additionally spelled gatchapon or gashapon) capsule vending machines are Everywhere in Akihabara, however this retailer will get talked about right here because it is arguably the most important of its variety, because of the variety of machines they have, and since they have a bit in back where you possibly can straight up purchase the prizes without the randomness built into the machines.

  43. Adding peace of mind in relation to the security of your loved ones, with our Acoustic Box pool pump enclosure, you may at all times know that the pump is protected from the weather and subsequently minimises noise pollution.

  44. During this time, Quimby read considered one of Burt Shavitz’s 19th-century books about bee-protecting, which included residence-made private care recipes, prompting Burt’s Bees to enter into the personal care products business.

  45. After all, it seems to be pretty easy in “Billy Bathgate.” Nevertheless, if the films teach us something about the ins and outs of the criminal underworld, then fitting a doomed gangster with concrete shoes is clearly a removed from simple endeavor.

  46. Listed below are the most effective locations to seek out Star Wars collectibles in Akihabara; they are offered right here in an order that will give you a very good full-day walking tour of pretty much the whole Akihabara district, so grab a bottle of water, load up Google Maps, and let’s go!

  47. Nevertheless, when this type of the Shield of the Trinity diagram with one vertex down is used after the 13th century, the Son is way more usually placed in the top proper node, and the Holy Spirit in the bottom node (as shown in the illustrations above).

  48. Brightpoint Neighborhood College Campus (formerly John Tyler C.C.) 13101 Route 1 (approx.12 miles south of Richmond; I-95 Exit 61B to L on U.S.Route 1 South, then 0.5 mile on left), Chester.

  49. One among the advantages of utilizing engravings as a supply was that the essentially linear methods that have been employed by the engraver to define types may very well be easily interpreted in lead and the positive linear remedy of shadows was likewise straightforward for the stained glass artist to realize using the monochrome paint method.

  50. I’m very pleased to discover this page. I need to to thank you for your time for this particularly fantastic read!! I definitely liked every little bit of it and i also have you bookmarked to look at new things on your website.

  51. Horvath backstopped Molde to a 5-1 aggregate victory over Pyunik within the second qualifying spherical of the 2015-sixteen UEFA Champions League, earlier than a 4-4 aggregate loss on the away goals rule to Dinamo Zagreb in the third qualifying round.

  52. Whereas I had been in skilled care for years, my psychiatrists had diagnosed me with and treated me for bipolar disorder, so it wasn’t till I began relationship a doctor (who was able to observe me for longer than 50-minute intervals) that my BPD was acknowledged.

  53. Within the early fifteenth century, little or no new stained glass was made in France; the country was within the midst of the Hundred Years war, preoccupied the disastrous defeat at Agincourt, the conquest of France by Henry V of England, and the liberation by Joan of Arc.

  54. You might be able to take a credit of 30 of your prices of certified photo voltaic electric property, solar water heating property, small wind power property, geothermal heat pump property, battery storage know-how, and gas cell property.

  55. During this time, Quimby read considered one of Burt Shavitz’s 19th-century books about bee-protecting, which included residence-made private care recipes, prompting Burt’s Bees to enter into the personal care products business.

  56. Seeing your progress on your debt free journey can be so impactful, and having you really cross off (or colour in) your progress makes it a lot a lot “real.” You’ll be able to look at your debt tracker and see how far you may have come!

  57. An enormous drawback, along with further heat losses and diminished efficiency that another heat exchanger represents, is the fact that you want your residentialheat pump from September to April in most location instances of Northern hemoshere.

  58. Great web site you have got here.. It’s difficult to find high quality writing like yours nowadays. I really appreciate individuals like you! Take care!!

  59. I’m impressed, I must say. Rarely do I come across a blog that’s equally educative and interesting, and let me tell you, you’ve hit the nail on the head. The problem is something that not enough people are speaking intelligently about. I’m very happy that I stumbled across this during my hunt for something relating to this.

  60. Many older writers are extra comfortable using electric or mechanical typewriters, and a few folks enjoy the satisfying click and heavy key experience they produce, regardless of being okay with a computer for day by day duties.

  61. I’m pretty pleased to uncover this site. I want to to thank you for ones time for this particularly fantastic read!! I definitely really liked every part of it and I have you saved as a favorite to see new information in your site.

  62. The youthful Virgin of the Annunciation, Peter the fisherman, John the itinerant preacher and Joseph the carpenter are all depicted in robes of essentially the most sumptuous nature, lined with cloth of gold and lavishly decorated on the edges with rubies and pearls.

  63. Hi, I do believe this is an excellent website. I stumbledupon it 😉 I may come back yet again since i have book-marked it. Money and freedom is the best way to change, may you be rich and continue to guide others.

  64. “I posted my first entomakeup look in mid-Might 2020 and dedicated to posting day by day seems to be for the first few weeks so though it’s still a fairly new challenge, it has been quite intense.

  65. The International Gothic type, which appeared in the primary half of the fifteenth century, was the final form of European Gothic, which borrowed from French, Dutch and German artists, and influenced the English fashion.

  66. The ensuing Battle of Arras demonstrated the worth of the closely armoured British Matilda tanks, as the German 37 mm anti-tank guns proved ineffective in opposition to them, and the limited raid overran two German regiments.

  67. Here, you can find the Printable blank soccer play sheet template kind and customize it any way you need, from inserting the textual content straight in the doc to drawing it on a digital sticky word and attaching it to the document.

  68. We’ve all seen movies with just a little industrial espionage — Company A instructs one in every of its employees to get a job at its top competitor, Company B, then steal its coveted business secrets and techniques.

  69. Hello! I could have sworn I’ve visited this blog before but after browsing through a few of the articles I realized it’s new to me. Nonetheless, I’m certainly pleased I found it and I’ll be bookmarking it and checking back frequently.

LEAVE A REPLY

Please enter your comment!
Please enter your name here