Ranking results pointed out that Thailand is the best country to start a business in 2020.
As a result of the ranking of the best countries for starting a business, countries across Asia all hold the list of countries that are considered the best places to start a business. Investors and entrepreneurs might be a concern when they want to start a business because they have to select locations from around the world, other factors, and need more information to consider that lead to success in the business. In 2020, these are the best countries to starting a business that rankings are based on the global awareness survey and ranking countries based on the ratings of nearly 6,000 business decision-makers in the compilation of the characteristics of these 5 countries compared to anywhere else around the world. The criteria are the government price, production costs, and access to finance. The following are the top 5 best countries to start a business.
Thailand
#1 in Start a Business Rankings or the best country to start a business
# No Change in Rank from 2019
Thailand, which translates to “land of the free,” is the only Southeast Asian nation that did not encounter European colonization.
Located above the equator, this country is on the Indochina Peninsula with bordering neighbors’ countries such as Myanmar, Laos, and Cambodia, and extends out to Malaysia.
Gross domestic product - GDP: $505 billion
Population: 69.4 million
Gross domestic product per capita - GDP PER CAPITA, PPP: $19,484
Malaysia
#2 in Start a Business Rankings
#Change from 5 out of 80 countries in 2019
Malaysia is a small country with a fast-growing economy which located in two separate regions in the South China Sea.
Once a British colony, this country has a population of about 29 million people, many of whom live in or near the capital city of Kuala Lumpur, Malaysia.
Located on the ocean trade route under the influence of China, India, the Middle East, and finally Great Britain in the late 18th century.
The Malaysian Federation was founded in 1948 by the unification of former British territories along the Malay Peninsula. In 1963, the former British colonies in Singapore, Sabah, and Sarawak joined the federation.
Gross domestic product - GDP: $354.3 billion
Population: 31.5 million
Gross domestic product per capita - GDP PER CAPITA, PPP: $31,311
China
#3 in Start a Business Rankings
# No Change in Rank from 2019
It is home to one of the oldest civilizations in the world. China has been ruled by the Communist Party since 1949 when the country was established as the People's Republic of China. The country is the most populous in the world and is considered the second-largest country in the world.
Gross domestic product - GDP: $13.6 trillion
Population: 1.4 billion
Gross domestic product per capita - GDP PER CAPITA, PPP: $18,116
Singapore
#4 in Start a Business Rankings
# No Change in Rank from 2019
Singapore was established as a British trading colony in the 19th century, it is a bustling city in Southeast Asia and home to one of the world's busiest ports.
The majority of the 5.7 million citizens live on this famous island and many of the surrounding islands complete this city-state. Gross domestic product per capita is high level and unemployment is low, making Singapore one of the wealthiest countries in the world.
Gross domestic product - GDP: $364.2 billion
Population: 5.6 million
Gross domestic product per capita - GDP PER CAPITA, PPP: $101,387
India
#5 in Start a Business Rankings
#Change from 2 out of 80 countries in 2019
India is located on a peninsula that stretches between the Bay of Bengal and the Arabian Sea. The country which is the birthplace of Hinduism and Buddhism is the second-most-populous country in the world after China, and has about one-sixth of the world’s population. After many years of non-violent fighting against British rule, India gained independence in 1947.
Gross domestic product - GDP: $2.7 trillion
Population: 1.4 billion
Gross domestic product per capita - GDP PER CAPITA, PPP: $7,859
Source of information from: www.usnews.com
However, if you are a foreigner, and have investment plans to do business in Thailand or working in Thailand properly, you should have a Non-B visa for business so you can open a company, open bank account in Thailand and company bank account, hire Thai staff or foreigners staff, and conducting business in the Kingdom of Thailand under various conditions. Get to know Visa Non-B and how to apply for a visa here!!
排行榜结果发布了!!泰国是2020年全球最佳创业国家
ผลการจัดอับดับชี้!! ประเทศไทยคือประเทศที่ดีที่สุดสำหรับการเริ่มต้นธุรกิจปี 2020
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