10 best countries for entrepreneurs
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The best countries for entrepreneurs do not necessarily have the biggest economies. In fact, based on a new report by the Organisation for Economic Co-operation and Development, four of the 10 best countries for entrepreneurship have among the smallest economies in the developed world, according to 24/7 Wall St.
Let's take a look at 10 best countries for entrepreneurs.
Source: 24/7 Wall St
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Image: Children skate on frozen Tjoernin lake in central Reykjavik, Iceland.
Photographs: Stoyan Nenov/Reuters
10 best countries for entrepreneurs
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New Zealand
No. of procedures necessary to start a business: 1
No. of days to start of business: 1
Percentage employment by companies with 250+ employees: 42.1 per cent
Global rank: 1
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Image: A view of Auckland from atop the Sky Tower in New Zealand.
Photographs: Stefan Wermuth/Reuters
10 best countries for entrepreneurs
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Australia
No. of procedures necessary to start a business: 2
No. of days to start of business: 2
Percentage employment by companies with 250+ employees: N/A
Global rank: 2
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Image: An outdoor shopping mall in Melbourne, Australia.
Photographs: Mick Tsikas/Reuters
10 best countries for entrepreneurs
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Canada
No. of procedures necessary to start a business: 1
No. of days to start of business: 5
Percentage employment by companies with 250+ employees: N/A
Global rank: 3
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Image: A view of the Montreal skyline from Mont-Royal mountain in Canada.
Photographs: Shaun Best/Reuters
10 best countries for entrepreneurs
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The United States
No. of procedures necessary to start a business: 6
No. of days to start of business: 6
Percentage employment by companies with 250+ employees: 52.8 per cent
Global rank: 4
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Image: A view of the Charles River in front of the Boston skyline in Cambridge, Massachusetts, United States.
Photographs: Brian Snyder/Reuters
10 best countries for entrepreneurs
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Ireland
No. of procedures necessary to start a business: 4
No. of days to start of business: 13
Percentage employment by companies with 250+ employees: 26.2 per cent
Global rank: 5
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Image: A woman cycles past the 'Coffee To Get Her' restaurant near Dublin city centre which becomes a bar and club in the evenings in Ireland.
Photographs: Cathal McNaughton/Reuters
10 best countries for entrepreneurs
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The United Kingdom
No. of procedures necessary to start a business: 6
No. of days to start of business: 13
Percentage employment by companies with 250+ employees: 48.6 per cent
Global rank: 6
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Image: Torch bearer Amelia Hempleman-Adams stands on top of a capsule on the London Eye in the United Kingdom.
Photographs: Luke MacGregor/Reuters
10 best countries for entrepreneurs
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South Korea
No. of procedures necessary to start a business: 5
No. of days to start of business: 7
Percentage employment by companies with 250+ employees: 26.1 per cent
Global rank: 7
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Image: Part of Gangnam area is seen down the Han River in Seoul, South Korea.
Photographs: Lee Jae-Won/Reuters
10 best countries for entrepreneurs
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France
No. of procedures necessary to start a business: 5
No. of days to start of business: 7
Percentage employment by companies with 250+ employees: 39.5 per cent
Global rank: 8
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Image: People walk in groups on a snow-covered path near the Eiffel Tower in Paris, France.
Photographs: John Schults/Reuters
10 best countries for entrepreneurs
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Portugal
No. of procedures necessary to start a business: 5
No. of days to start of business: 5
Percentage employment by companies with 250+ employees: 20.9 per cent
Global rank: 9
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Image: Passengers wait for their trains at Lisbon's subway station in Portugal.
Photographs: Jose Manuel Ribeiro/Reuters
10 best countries for entrepreneurs
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Chile
No. of procedures necessary to start a business: 7
No. of days to start of business: 7
Percentage employment by companies with 250+ employees: N/A
Global rank: 10
Image: A man sits with his son while enjoying the view of the Andes Mountains Range at the San Cristobal Hill in Santiago de Chile.
Photographs: Minh Nguyen/Reuters
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