The benefits of founding a startup in a smaller country

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mall countries often present a lot of opportunities for creating a business, giving entrepreneurs access to various subsidies and tax allowances, making it easier to start and grow a startup from zero. Countries like Poland and Czech Republic encourage foreign investments by introducing preferential tax and tariff policies and tons of incentives that benefit foreign investors. This is especially important if you’re choosing a country that’s located within the EU, giving you easy access to a large market of countries with free trade agreements.

Just because of their geographic position, these countries might also offer uk b2b email database additional growth opportunities. Let’s say you’re operating a startup in Slovakia - you’re just as close to the western EU countries as you are to the eastern market, giving you ample opportunities to expand your startup in a couple of directions at the same time.




There is a variety of promising startups from small European countries - like 11how.com, a Czech startup providing a variety of useful advice from technology hacks to healthy lifestyle, or coinario.com - the biggest converter of cryptocurrencies and fiat money in the world, dedicated to showcasing detailed cryptocurrency reviews and educational materials.

What to worry about when creating a startup in a small country?
The main concern when founding a business in a small country is the limited local market - which in itself i