Starting A Business!

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Where would you want to start your new business idea?

According to The World Bank, the cheapest countries for a new startup are Venezuela, Rwanda, and Slovenia. While the former does have fees that only total $0.21, both Rwanda and Slovenia have no fees for new businesses, but Slovenia has a capital requirement of โ‚ฌ7,500.

Expensive countries to start a business are Italy at $4,876, Austria at $2,475, Suriname at $3,030, and Ecuador at $1,630.

The most expensive countries, however, are largely in the Middle East. They include #1ย UAEย at $7,444, #4ย Qatarย at $3,952, and #6ย Lebanonย at $2,855.

Source: https://www.visualcapitalist.com/which-country-is-the-cheapest-for-starting-a-business/ย 

Author

Mark Kalin

Achiever, Competition, Futuristic, Maximizer, Significance

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