Trading companies from reputable low tax countries in 2023
Please refer to the table below for a list of low tax countries ideal for setting up trading companies. While our Clients should consider these jurisidictions for their tax advantages, it is important that our Clients are aware of their personal and corporate tax obligations in their country of residence and domicile. Healy Consultants would be pleased to assist our Clients with their local and international yearly tax reporting obligations.
| Company | Tax rate | Advantage | Engagement period |
|---|---|---|---|
| Hungary | 12% | EU member for VAT | 10 weeks |
| Cyprus | 10% | EU member for VAT | 9 weeks |
| Albania | 10% | Located between Europe and Russia | 11 weeks |
| Bulgaria | 10% | EU member for VAT registration | 11 weeks |
| India | 0% | For 10 years in Special Economic Zone | 16 weeks |
| Madeira | 5% | EU member for VAT and double tax treaties | 12 weeks |
Engagement timelines comparisons for low tax countries
The average Hungary engagement period is 7 weeks:
The average Bulgaria engagement period is 11 weeks:
The average India engagement period is 16 weeks:
