Question Best EU country for paying taxes ?

[flashbang]

Hey,

Which is the best EU country for paying the least taxes of income (as a company of course) ??

I think Romania , right ?

Thank you

 

[tacokai]

There are mosre discussion already about this topic.
https://www.offshorecorptalk.com/th...e-to-relocate-with-lowest-possible-tax.36098/

 

[flashbang]

There are mosre discussion already about this topic.
https://www.offshorecorptalk.com/th...e-to-relocate-with-lowest-possible-tax.36098/

I do not want to live in that country ....... so that's ain't for me.

 

[Mda]

Lowest statutory CIT
9%: Hungary, Montenegro
10%: Andorra, Bosnia, Macedonia, Kosovo
12%: Moldavia
12.5%: Cyprus, Gibraltar, Ireland

 

[RealDude]

Lowest statutory CIT
9%: Hungary, Montenegro
10%: Andorra, Bosnia, Macedonia, Kosovo
12%: Moldavia
12.5%: Cyprus, Gibraltar, Ireland

CIT based on revenue
1%: Romania (<= 1.000.000€; >= 1 employee)
3%: Romania (<= 1.000.000€; no employees)
9%: Poland (<= 2.000.000€)

CIT if not distributed
0%: Estonia, Poland

Poland seems underrated?

 

[Marzio]

Malta 5% (but the setup could be very costly up to 10K/year)
Poland 5% IP box (this is for very specific people like programmers)

 

[Forester]

Just a remark:

9%: Poland (<= 2.000.000€)

Yes; beware that the 2M threshold for the revenue (not the profit!) includes the amount of VAT due.

CIT if not distributed
0%: Estonia, Poland

In Poland it seems to be much more complicated than in Estonia. The taxpayer have to meet a set of conditions, such as maximum income limit, appropriate shareholding structure, incurring investment expenses or keeping a certain level of employment. Then the tax will be deferred until the profit from the company is paid (distributed).

 

[Marzio]

In Poland it seems to be much more complicated than in Estonia. The taxpayer have to meet a set of conditions, such as maximum income limit, appropriate shareholding structure, incurring investment expenses or keeping a certain level of employment. Then the tax will be deferred until the profit from the company is paid (distributed).

Indeed is more complicated.

I investigated it some time ago and while they simplified some criteria you have to hire at least 3 people but the real deal breaker for me was that only natural persons can be shareholders.

 

[RealDude]

In Poland it seems to be much more complicated than in Estonia. The taxpayer have to meet a set of conditions, such as maximum income limit, appropriate shareholding structure, incurring investment expenses or keeping a certain level of employment. Then the tax will be deferred until the profit from the company is paid (distributed).

Correct. For 2022 they „simplified“ the rulez ;-)

https://home.kpmg/pl/en/home/insigh...olish-deal-changes-in-favor-of-taxpayers.html

 

[cuno]

Would you really consider relocating to Poland ?

 

[RealDude]

Would you really consider relocating to Poland ?

Considering it for sure
1. My wife is from Poland
2. Many polish people studied in Germany or England and are returning to there home country to support it
3. the people over there are more open and relaxed and know how to live good life
4. It‘s better than in Romania i think

And: They do not care about the EU rules

 

[flashbang]

Considering it for sure
1. My wife is from Poland
2. Many polish people studied in Germany or England and are returning to there home country to support it
3. the people over there are more open and relaxed and know how to live good life
4. It‘s better than in Romania i think

And: They do not care about the EU rules

are the polish girls hot though ?

 

[fredouille1973]

you need to look the whole picture, if estonia for example has 0% income taxe, dividendes, 20% and you can't live off on the company and put all your personal expenses on it

 

[blackmax]

Lowest statutory CIT
9%: Hungary, Montenegro
10%: Andorra, Bosnia, Macedonia, Kosovo
12%: Moldavia
12.5%: Cyprus, Gibraltar, Ireland

In Gibraltar you pay taxes only on income generated in Gibraltar, if your income comes from other country, it is 0% tax.

Don't deal with Moldova, yes they have 12% profit tax, but they are not in EU.

 

[RealDude]

In Gibraltar you pay taxes only on income generated in Gibraltar, if your income comes from other country, it is 0% tax.

I am considering moving to Esteponia in Spain near Gibraltar. What tax construct do you recommend me with a company in Gibraltar (0% taxed) and residence in Spain?

 

[omslegal]

5% corporate tax for small Lithuania companies (up to 300.000 EUR annual income).
Very popular among our clients, expecially Belarus and Ukraine programmers who want to emigrate to EU.

 

[Mda]

5% corporate tax for small Lithuania companies (up to 300.000 EUR annual income).
Very popular among our clients, expecially Belarus and Ukraine programmers who want to emigrate to EU.

Another quote found online

Income tax

15%
5% for enterprises with number
less than 10 employees and annual
gross income less than 300 000 EUR
(subject to certain
conditions)
0% for the first 10 years after establishment
and 7.5% in the next 6 years
for companies based in
free economic zone, if
investment reaches:
– 1 million EUR or
– 100 000 EUR, and the average
employees is at least 20,
and at least 75% of annual income
received from the provision of services.

0% in the first 20 years for businesses,
implementing the project within
the current agreement on large
investment projects
(concluded between January 1, 2021
year to December 31, 2025) if:
– investments reach 20 million
EUR (for Vilnius region - 30
million EUR); and
– average number of employees
is at least 150 (for
Vilnius region - 200); and
– at least 75% of annual income
comes from production
processing data or hosting web servers and related services.
20% for bank profits,
exceeding the threshold of 2 million
EUR (during the period from January 1
2020 to 2022)

"Subject to certain conditions" ...Anyone know which ones ? in order to respect to benefit from that special discounted CIT regime at 5%. Cheers

 

[uplana]

Don't deal with Moldova, yes they have 12% profit tax, but they are not in EU.

That should be a Pro not a Con ??

 

[tacokai]

I do not want to live in that country ....... so that's ain't for me.

What do you want then ?

 

[flashbang]

What do you want then ?

To form a company within the EU - where i would need to pay the least taxes. No Cyprus & Malta please.