Transferwise Business Account - Belize Company - USD wire bank details

[ivan1911]

That's the idea. You can pretty much pay only 5% corporate tax in EU or 0% (deferred corporate tax) already. The only stumbling block is passing a "substance test" of the host country where the company is based. This means most one man show companies need to set up bricks and mortar operations to benefit from such rates so your looking at 5-20k annually in fees.

You mind telling me where in Europe Corp tax is %5 ?
Lowest I know is Bulgaria at 10%

 

[GiGoGo]

You mind telling me where in Europe Corp tax is %5 ?
Lowest I know is Bulgaria at 10%

5% - Canary Island (if you keep employees there)
0% - Ireland for the first three years (if you keep employees there)
6.25 % - Ireland if you register a patent
2% - Cyprus if you register a software

I'm sure there's much more, but these are the ones I know.

 

[curiousmarv]

There is also Madeira (island of Portugal) if you invest 20,000€ somewhere.

 

[GiGoGo]

There is also Madeira (island of Portugal) if you invest 20,000€ somewhere.

What corporate tax ?

 

[Martin Everson]

You mind telling me where in Europe Corp tax is %5 ?

Malta 6/7 full imputation effective tax rate.

 

[curiousmarv]

What corporate tax ?

5% only because EU special economic zone (mainly because it is so remote)

 

[Marc Jacob]

5% - Canary Island (if you keep employees there)
0% - Ireland for the first three years (if you keep employees there)
6.25 % - Ireland if you register a patent
2% - Cyprus if you register a software

I'm sure there's much more, but these are the ones I know.

***and 0% In Estonia and Latvia on retained profit***