Europe is one of the leading business destinations at a global level, especially since it benefits from a stable economic and social market under the European Union. This means that numerous European countries provide commercial laws harmonized at the EU level, along with similar tax advantages and regulatory conditions.
One EU member state providing a suitable market for the expansion of a business is Estonia, where investors can benefit from excellent public services that can be easily accessed on the online platforms of the local institutions. Those starting a business in Estonia can also enjoy a bureaucratic system with simple procedures and an attractive tax system (companies are required to pay corporate tax only when performing the distribution of dividends).
Another attractive jurisdiction for starting a company in the EU is Germany, one of the economic pillars of Europe. With a strong economy, Germany has the largest population at the EU level, and benefits from an open market that is suitable for foreign investments. Those who want to set up a company in Germany must also know that the country is seen as one of the leading economies at a global level, with a highly qualified workforce and with a market characterized by a high level of innovation (the highest at a global level).
Although not in the EU, another very suitable European business destination is Switzerland. The country is known at a global level for specific economic industries, such as pharmaceuticals, banking and real estate and it is also an attractive jurisdiction for those investing in research and development, ranking as one of the global jurisdiction on innovation. The country can be an ideal location for those who want to register a Swiss business as a start-up.
Switzerland has several official languages (German, French, Italian and Romansh), but German is the most spoken language, therefore German business people can easily start a business in Switzerland, as they will have no language barriers. They can thus easily integrate into the local consumer market, understand the requirements of the commercial legislation, and communicate in an efficient manner with the Swiss authorities.
The above mentioned are just few of the top investment destinations available in Europe, but entrepreneurs who are seeking to expand outside this continent may also consider Asia, a developing business region. One of the best places in Asia for investment purposes is Singapore, which ranks as one of the most developed economies on the continent.