Do you want a company with no taxes or bureaucracy?

You can fulfil the dream every entrepreneur has, all in another country. Tax Free Today can show you where and how to make it come true.

The following descriptions are highly simplified. Tax Free Today recommends booking a personal consultation or at least using our data verification service before you decide to establish your new company.

Note: there are generally two figures, the first being company costs during the year of establishment, and the second those over the following years.

Limited companies (inside the European Union)

Advantages

Good reputation and recognition; compatible with Paypal and Stripe; access to affordable SEPA bank accounts; often low-cost.

Disadvantages

For businesses with lower income; VAT withheld; accounting costs; potential for audits; regulation; public register; no anonymity; requires initial investment of capital.

United Kingdom

The original – 10% tax after Brexit

250€ / 150€

Estonia

Deferred taxation and e-residence

Flat fee of 40€ to 80€ with LeapIN

Bulgaria

The lowest administration costs in Europe

600€ / 400€

Lithuania

5% tax up to €200k turnover

400€ / 200€

Netherlands

Attractive options for holdings

500€

Slovakia

19% tax in total (varies according to tax residence)

600€ / 400€

Ireland

Popular for legal tax avoidance

6.000€ / 4.000€

Cyprus

Tax-free for traders and investors

6.000€ / 4.000€

Malta

Only 5% corporate tax

6.000€ / 4.000€

Suitable for:

  • companies with B2B services
  • Amazon FBA, imports and exports
  • digital products on the EU market
  • holding structures
  • trade and services for EU residents with permanent subsidiaries

Limited companies (outside the European Union)

Advantages

Tax-free in part; good reputation and recognition; beneficial regulation; access to good business accounts; compatible with Paypal.

Disadvantages

Accounting; potential for audits; high costs; limited anonymity.

Montenegro

Affordable start-up from anywhere in the world, 9% tax

22€ / 200€

Georgia

Deferred taxation at 15%

900€ / 500€

Israel

Tax-free in Israel

3.500€ / 2.000€

Hong-Kong

Tax-free in East Asia

1.800€ / 3.000€

Labuan (Malaysia)

Fixed tax rate of  3% or 6,000€ a year

1.500€ / 2.000€

Singapure

Tax-free and excellent reputation

5.000€ / 3.000€

United States

Affordable, anonymous, and discreet companies with 15% tax

1.100€ / 500€

United Arab Emirates (free trade zone)

Tax-free with residence visa

13.000€ / 8.000€

Isle of Man

No requirement to withhold VAT, but includes European tax identification number

2.500€ / 2.000€

Suitable for:

  • consulting businesses
  • online businesses
  • companies with B2B services, sales outside the EU
  • imports and exports
  • investment and trading
  • administration from countries with high tax burdens, dependent on double taxation agreement

Free trade and special zones

Advantages

Low taxes; good reputation and recognition; beneficial regulation; access to good business accounts; compatible with Paypal.

Disadvantages

Accounting and audits; high costs; requires large initial investment and recruitment of local employees; no anonymity.

Canary Islands (ZEC)

4% tax and all the advantages of an EU company, but no European tax identification number

2.500€ / 1.000€

Madeira

5% tax, includes European tax identification number

2.500€ / 1.000€

Curaçao

2% tax in the e-zone

2.500€ / 1.000€

Suitable for:

  • companies with B2B services
  • Amazon FBA, imports and exports
  • digital products for the EU market
  • holding structures
  • trade and services for EU residents with permanent subsidiaries

Limited partnerships (LPs) in Europe

Advantages

 

Tax exemption on foreign income; no minimum capital investment required; good reputation and recognition; compatible with Paypal; access to good business accounts.

Disadvantages

Requirement to withhold VAT; accounting and audits; regulation; high costs; no anonymity.

United Kingdom (LLP)

Tax exemption on income from outside the UK

300€ / 100€

Netherlands (CV)

Tax exemption on income from outside the Netherlands

5.180€ / 3.220€

Denmark (K/S)

Tax exemption on income from outside Denmark

5.240€ / 2.780€

Suitable for:

  • companies with B2B services
  • Amazon FBA, imports and exports
  • digital products for the EU market
  • international trade and services

Limited liability companies (LLCs)

Advantages

Tax exemption on foreign income; no accounting when tax-free; no requirement to withhold VAT; good reputation and recognition; registered under the company name; no minimum initial investment; compatible with Paypal.

Disadvantages

Limited access to bank accounts; limited anonymity; potential for high costs.

Wyoming (US)

Affordable start-up through the internet (without bank account)

150€ / 100€

Delaware (US)

LLC with bank accoun

1.500€ / 550€

Canada

Tax exemption on income from outside Canada

2.700€ / 1.620€

Suitable for:

  • services for individuals
  • freelancers
  • online businesses anywhere in the world
  • consulting businesses

International business companies (offshore companies)

Advantages

 

Tax-free; no accounting; no regulation; no public register; no initial minimum investments; high anonymity.

Disadvantages

Bad reputation and limited recognition of invoices; few options for bank accounts; no access to Paypal.

Nevis

The best option for protecting your capital

900€

Marshall Islands

For discreet companies abroad

1.500€ / 1.300€

Saint Vincent

Bearer shares and optional 1% tax

1.400€ / 1.200€

Brunei

A little-known, discreet option

1.500€ / 1.000€

Ajman (UAE)

The most affordable option in the UAE

2.000€ / 1.500€

Ras al-Khaimah (UAE)

Prestige and banking in Dubai

2.600€ / 2.000€

Panama

Confidentiality and stability

1.500€ / 550€

Costa Rica

Unlicensed gambling

1.780€ / 1.050€

Bahamas

The Caribbean option with a good reputation

2.100€ / 1.050€

Suitable for:

  • online businesses
  • holding structures
  • passive income
  • investment and trading

IMPORTANT: the company start-up service is carried out through licensed partner agencies. Tax Free Today only acts as a middleman and is not responsible for the establishment of your company. It therefore carries no type of guarantee on our part.