Business Costs Around The World [Infographic]

Emma Mortimer https://www.utilitybidder.co.uk 1m 195 #businesscosts

The views of this article are the perspective of the author and may not be reflective of Confessions of the Professions.

Wherever you are in the world, setting up and running a business comes at a price. But what about UK business costs?

The team over at Utility Bidder have delved into global business costs data around the world to reveal how costs differ from city to city and highlight the cheapest and most expensive places to run your own company…

Top 20 Cities To Run a Business (overall ranked score /100)

Rank	City	Country	Overall Score
1	Budapest	Hungary	90.72
2	Prague	Czech Republic	83.91
3	Warsaw	Poland	82.20
4	Bratislava	Slovakia	78.13
5	Helsinki	Finland	70.89
6	Mexico City	Mexico	70.55
7	Valencia	Spain	69.83
8	Belfast	United Kingdom	69.83
9	Malaga	Spain	69.28
10	Tel Aviv	Israel	68.83
11	Liverpool	United Kingdom	68.79
12	Seoul	South Korea	68.73
13	Southampton	United Kingdom	68.44
14	Palma de Mallorca	Spain	68.03
15	Montreal	Canada	67.83
16	Glasgow	United Kingdom	67.17
17	Leeds	United Kingdom	66.93
18	Rotterdam	Netherlands	66.41
19	Gothenburg	Sweden	66.40
20	Birmingham	United Kingdom	66.23

6 of the top 20 cities are all in the UK, with Belfast making it in the top 10. London also comes in as one of the most expensive cities for business office occupancy costs, at an average of £113.20 per sq ft.

With only 19% corporate tax rate, the UK also comes just beneath Budapest (9%) for top business tax rates.

You can see the full research here:

https://www.utilitybidder.co.uk/business-costs-around-world/

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