#5 India

Startup Hub: Bangalore, Hyderabad, Mumbai

Internet Coverage/Speed: 25 pct/ 1 Mbps

Company Registration Fee (For Foreigners): $400.0

VAT: 4 pct

Corporate Income Tax: 34 pct

The innovative startup sector in India has been magnetic lately drawing tech biggies like Google and many more to pour investments in the economy. The surge of domestic ecommerce portal and their success has showcased the potential of the Indian investments. The rapid growth of internet user base and smartphone users in India points to more success coming to its ways.

Read More: 9 Common Mistakes that Lead to Failure in Startups

7 Startups to Search Broker-Free Home in India