According to studies, the hardest places for a business to establish itself is the Philippines, Italy, and Brazil.
According to recent research, the United Arab Emirates (UAE) is among the best places in the world for entrepreneurs to establish a startup company in 2024.
Out of 52 countries analyzed, the UAE ranked third in Business Name Generator’s analysis, indicating that it is a desirable site for start-ups.
A number of variables, such as GDP growth forecasts, tax rates, cost of living, WiFi speeds, and satisfaction scores, were evaluated to identify the greatest locations for startup launches.
One of the most critical considerations that entrepreneurs must make when starting or growing their firm is where to locate it. According to Linus Näslund, COO of Business Name Generator, “a business’s location can have a significant impact on its success, affecting access to resources, market demand, and competition.”