To set up an online marketing and design business there are several factors to look for:
1. Tax Implications & Treaties: One of the key things that can really impact your and your investors’ returns is whether there will be a tax impact to you, your employees, and co-founders.
2. Investors: They might have a preference on where you incorporate due to tax relief, which they may receive as part of investing in your company. In addition to this, company governance may be affected by where you are incorporated. Certain company governance structures are enforced on your company depending on where you incorporate, and investors may have an opinion on that.
3. Human Resources: It may be difficult for your employees to move to certain countries if necessary.
4. Mergers and Acquisitions: When your company does eventually get sold, merged, or floated, it’ll have to go through a process.
The following countries would be best choice for you:
1. The British Virgin Islands – Easy Banking
2. Denmark – Tax Efficient, Flexible Hiring and Firing
3. Norway – Digital Communication
4. New Zealand – Fast Setup
5. Singapore – No Capital Gains Taxes
6. Isle of Man – Zero Tax
7. Belize – Internet Entrepreneurs
8. Nevis – Asset Protection
9. United States – Tax Breaks
10. United Kingdom – One-hour Setup
Honourable Mentions:
Canada – like the United States, except more taxes; aim for Alberta
Malaysia – all the benefits of larger markets with less costs
South Korea – the land of innovation and tech is a good location to set up shop
Switzerland – great banking options
Thailand – ideal for any digital business, as it is a digital nomad haven
Sweden – like Norway, just not quite as optimized
Australia – great place to launch a small business
Netherlands – great place to launch any new business
Besides if you do have any questions give me a call: https://clarity.fm/joy-brotonath