Thinking of venturing out of your own as an entrepreneur for the first time? Or maybe you’re an old pro at getting businesses off the ground and are looking for some promising new real estate. One thing’s for certain–there are some places where you’ll fare better than others simply based on your environment, so you’ll want to choose a country with a climate that’s conducive to entrepreneurial pursuits. Here are 10 of the best countries for entrepreneurs.
The land of fine watches and decadent chocolate has topped the list of “most innovative countries” for four years in a row, based on an annual study by Cornell University, INSEAD and the World Intellectual Property Organization. It’s also been billed as the world’s most competitive economy by the World Economic Forum and has the highest per capita income in all of Europe. With diverse markets, a low average business startup cost and an average 10-day turnaround time for registering a new corporation, Switzerland makes it relatively easy for new business owners to get their enterprise up and running. Plus, the recent introduction of online business registration tools has further simplified the process.