Offshore jurisdictions
Northern Ireland
Irish companies are one of the easiest to set up and maintain, as they are not required to follow the majority of usual accounting procedures – no reports for the Registrar of companies, no annual accounts, etc.
- Income tax: 0%
- Dividend tax: 0%
- VAT rate: Not applicable
Canada
Prestigious Canadian LP is a simple form of business serving as a great alternative to classic offshore and Scottish LP.
- Income tax: 0%
- Dividend tax: 0%
- VAT rate: Not applicable
Cyprus
Cyprus companies can be used for the invoicing / re-invoicing of goods and services (as well as for the receipt of trading commissions) from any country to any destination.
- Income tax: 12.5%
- Dividend tax: 0%
- VAT rate: 19%
Scotland
Scottish LP companies are one of the easiest to set up and maintain. With our unique structure – Scottish LP is not UK Tax resident, It’s TAX free, and no requirements for accounting statements/declarations, annual accounts, etc.
- Income tax: 0%
- Dividend tax: 0%
- VAT rate: N/A
Hungary
Hungary welcomes international business opportunities. With Fast and predictable VAT obtaining and politics Hungary become one of most popular EU VAT company destinations.
- Income tax: 15%
- Dividend tax: 0%/16%
- VAT rate: 27%
Latvia
Latvia has one of the lowest corporate taxes in the European Union, as well as a straightforward and simple company formation procedure, which makes it a popular choice among those wishing to incorporate in Europe.
- Income tax: 15%
- Dividend tax: 10%
- VAT rate: 21%
Bulgaria
Fast and easy VAT registration, one of the lowest corporate tax rate in the EU – 10%, easy maintenance – more and more trading companies choose Bulgaria for their operations.
- Income tax: 10%
- Dividend tax: 5%
- VAT rate: 20%
UAE
The unique characteristic of onshore companies registered in the Free Trade Zones – tax absence for almost all types of business activities, and UAE is not an exception.
- Income tax: 0%
- Dividend tax: 0%
- VAT rate: 0%/5%
United Kingdom
The UK is no tax haven, but it does have relatively low tax rates compared with other European countries. If properly structured, UK tax can be minimized or entirely eliminated.
- Income tax: 19%
- Dividend tax: from 7.5%
- VAT rate: 20%