Brussels (Brussels Morning) – Is your business growing rapidly and you want to take it to the international level? You may want to search for business-friendly countries in Europe. It is not surprising that many European countries offer an ideal environment for business growth.
An ideal country for business expansion must have minimum barriers to entry. While the business must be easy to handle due to the skilled workforce. Many European countries boast of a stable and strong economy. Why not choose one of them for your next business venture?
5 Business Friendly Countries In Europe
European countries are advanced in innovation and technology. If you want to enhance your business choosing one of them will be a good choice. Many European countries have become hot spots for global businesses. The economy is stable while innovation and technology are of a high standard. When you have the right resources it will be easy to expand your business, no matter how big or small. Here are five business-friendly countries in Europe:
1. Germany
Germany is one of the richest and most influential countries in Europe. It has a large economy and features financial hubs like Berlin, Munich, and Frankfurt. This country offers ideal opportunities for small and big businesses. As Germany has the fourth largest economy in the world it is very much business-centric. The workforce is plenty while the advancement in technology is at its peak.
Both economic and political conditions are favorable for enhancing the growth of your business. You will be surprised to know that Germany has strong legal protections for both businesses and investors. They will not have to worry about their rights. Being the largest consumer market in Europe, Germany has plenty to offer businesses.
2. Norway
Norway is considered the 4th best country for business in Europe. The nation has a strong commitment to innovation. While the economy and world-class industries are something to look out for. You will be surprised to know that Norway has the lowest carbon footprint.
Citizens like to use sustainable products and this is why the economy keeps growing to a new level. Currently, Norway is the leader in producing oil, gas, energy, and seafood. Around 90% of electricity is produced with the help of renewable energy. Many foreign companies are already investing big in their business ventures.
3. Denmark
If you want to expand your business, going to Denmark will be a suitable choice. It ranks first among the best countries for business in Europe. The best part is that this country boasts of a free market capitalistic economy. You will get many favorable chances to enhance your business.
There is a wide range of talented professionals who work hard to fulfill your business requirements. The research and development in the country are top-notch. While it soon becomes a world-class country for making use of renewable energy resources. If you are hunting for a cleantech hotspot, this is the place to be. This country is highly advanced in food innovation and biotechnology.
4. Sweden
The economy of Sweden is growing by leaps and bounds. This nation believes in having a competitive and global business. Thanks to the skilled labor force their economy has reached a new level in the world. According to a business report, Sweden ranks 10 among the list of business-friendly countries in Europe. You will be surprised to know that the Government itself is investing in many industries.
If you think about expanding your business here, there are plenty of benefits available. The automated and efficient structure will make your business operations easy. Working in a stress-free environment can bring out the best in you. There are various platforms available for online meetings. No matter how big or small your business, you will have to face the lowest corporate taxes.
Read More: Coronavirus upsurge puts the brakes on EU economy recovery
5. Finland
Another country that is considered business-friendly in Europe is Finland. This country boasts of a successful economy while technology is at its peak. You will notice a high level of innovation that makes it an ideal choice for expanding business. Helsinki is the capital of Finland and is ranked among the 4th best city for innovation in ecosystems.
Whether you are a startup or a professional business, it is easy to gain a lot from here. The economy of Finland is highly stable. Government offers an extensive budget for carrying out research and development in many fields. All the trade laws are free while the workforce is highly educated.