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Homework answers / question archive / Recommendation report for a cell phone company to be headquartered in the following countries: United Kingdom, Chile or Denmark

Recommendation report for a cell phone company to be headquartered in the following countries: United Kingdom, Chile or Denmark

Business

Recommendation report for a cell phone company to be headquartered in the following countries: United Kingdom, Chile or Denmark. Based on information gathered, 

The most affordable countries for starting a business include the UKDenmark, and Ireland in Europe, South Korea in East Asia, and New Zealand in Oceania. Startup costs in each range from just 1%-2% of monthly income.

The picture is similar in the Americas, where Chile and Canada have the lowest relative fees at 2% and 5% of monthly income respectively. Even the U.S.—which has a decently high cost of $725 for starting a business—is relatively affordable at 16% of monthly income.

Additionally, Corporate Tax Rates by Country 2022 for the chosen countries are as follows:

Country  Tax Rate Population 2022
Chile 15 19603733
United Kingdom 19 67508936
Denmark 22 5882261

 

Requirement/Question:  A recommendation report, an executive summary and discussion for decision making on where the corporate headquarters of this cell phone company should be. Based on the information provided and other outside factors that may be included in the decision making.  Compare data from the following countries: United Kingdom, Chile or Denmark for the analysis. 

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