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Study reveals the top 20 countries for expanding a business overseas in 2023

Recent data shows that nearly half of company CFOs are currently in the process of expanding their business to overseas markets, or planning to do so soon. As well as capturing a greater market share, global expansion can provide companies with many additional benefits such as increased brand exposure, new investment opportunities, and fresh talent acquisition from around the world.

Expanding to a new location will also affect the taxes, zoning laws and regulations that a business will be subject to. To help business owners understand where the most attractive opportunities lie, Remote analysed the world’s largest business hubs to create the global expansion index – a worldwide ranking of the best countries for enterprise expansion.

Find the full study as well as expert insight into the main benefits of international expansion and the key points to consider when managing a global workforce: https://remote.com/blog/best-cities-for-global-expansion

Revealed: The top 10 countries supporting global enterprise expansion

To reveal the top countries for expanding your business internationally, Remote analysed 100 countries with the largest GDPs in the world against 10 relevant expansion metrics. This included the annual GDP growth rate, number of startups, corporate tax rate, labour productivity and the time and costs required to start a business to name a few.