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Comparator 2026

Which country to start your business with the best tax system?

Compare the most popular destinations for entrepreneurs. Taxation, banking, residency, cost of living: our independent comparisons help you make the right choice.

55

comparisons

11

countries covered

100%

independent

Compare two countries

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At a glance

Every jurisdiction, side by side

Tax, formation time and regime for 11 jurisdictions. Filter, sort, then dig into each comparison.

Jurisdiction CIT on reinvested profits CIT on distributed profits VAT Formation time Regime
Latvia★ Reference 0% 20% 21% 2 days EU€
Bulgaria 10% 19% 20% 5–7 days EU€
Cyprus 15% 15% 19% 2–3 weeks EU€
Dubai 9% 9% 5% — Non-EU
Estonia 0% 22% — — EU€
Georgia 0% 20% 18% 1 day Non-EU
Ireland 12.5% 12.5% 23% 3–5 days EU€
Lithuania 15% 15% 21% 3–5 days EU€
Malta 35% 5% 18% 2–5 days EU€
Panama 0% 10% 7% 1–2 weeks Non-EU
Portugal 21% 21% 23% 4–8 weeks EU€

Indicative headline rates; see each comparison for the mechanisms. “—” = not disclosed.

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Latvia versus the alternatives

10 countries compared to Latvia

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🇧🇬 Bulgaria vs 🇱🇻 Latvia

10% flat tax or 0% on reinvested profits?

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🇨🇾 Cyprus vs 🇱🇻 Latvia

Mediterranean sun or Baltic efficiency? CIT and banking compared.

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🇦🇪 Dubai vs 🇱🇻 Latvia

Free zone at 0% or Latvian SIA? Tax treaties and realities.

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🇪🇪 Estonia vs 🇱🇻 Latvia

e-Residency or Latvian SIA? The real tax and banking comparison.

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🇬🇪 Georgia vs 🇱🇻 Latvia

1% tax, but no SEPA, no Stripe, no EU.

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🇮🇪 Ireland vs 🇱🇻 Latvia

12.5% Irish rate versus 0% Latvian on reinvested profits.

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🇱🇹 Lithuania vs 🇱🇻 Latvia

Two Baltic neighbours, two different approaches to taxation.

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🇲🇹 Malta vs 🇱🇻 Latvia

Maltese refund system versus 0% Latvian. Who wins?

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🇵🇦 Panama vs 🇱🇻 Latvia

Panamanian territoriality or European transparency?

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🇵🇹 Portugal vs 🇱🇻 Latvia

Post-NHR, does Portugal remain competitive against Latvia?

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Country vs country

Compare two destinations

Undecided between two countries? Compare them directly. In each comparison, discover why Latvia also deserves your attention.

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🇧🇬 Bulgaria vs 🇨🇾 Cyprus

10% flat tax or 12.5% CIT?

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🇧🇬 Bulgaria vs 🇦🇪 Dubai

EU flat tax or free zone?

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🇧🇬 Bulgaria vs 🇪🇪 Estonia

Flat tax vs 0% on reinvested profits

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🇧🇬 Bulgaria vs 🇬🇪 Georgia

EU or non-EU?

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🇧🇬 Bulgaria vs 🇮🇪 Ireland

10% flat tax vs 12.5% Irish rate

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🇧🇬 Bulgaria vs 🇱🇹 Lithuania

Balkans vs Baltics

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🇧🇬 Bulgaria vs 🇲🇹 Malta

Flat tax vs refund system

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🇧🇬 Bulgaria vs 🇵🇦 Panama

EU stability vs territorial taxation

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🇧🇬 Bulgaria vs 🇵🇹 Portugal

10% flat tax vs post-NHR Portugal

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🇨🇾 Cyprus vs 🇦🇪 Dubai

EU island or Gulf free zone?

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🇨🇾 Cyprus vs 🇪🇪 Estonia

12.5% CIT vs e-Residency

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🇨🇾 Cyprus vs 🇬🇪 Georgia

EU member vs 1% tax rate

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🇨🇾 Cyprus vs 🇮🇪 Ireland

Two EU islands, different tax strategies

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🇨🇾 Cyprus vs 🇱🇹 Lithuania

Mediterranean vs Baltic EU member

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🇨🇾 Cyprus vs 🇲🇹 Malta

Two Mediterranean islands compared

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🇨🇾 Cyprus vs 🇵🇦 Panama

EU transparency vs territorial taxation

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🇨🇾 Cyprus vs 🇵🇹 Portugal

12.5% CIT vs post-NHR regime

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🇦🇪 Dubai vs 🇪🇪 Estonia

Free zone vs e-Residency

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🇦🇪 Dubai vs 🇬🇪 Georgia

Gulf hub vs Caucasus gateway

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🇦🇪 Dubai vs 🇮🇪 Ireland

0% free zone vs 12.5% Irish CIT

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🇦🇪 Dubai vs 🇱🇹 Lithuania

Gulf free zone vs Baltic EU member

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🇦🇪 Dubai vs 🇲🇹 Malta

Free zone vs Maltese refund system

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🇦🇪 Dubai vs 🇵🇦 Panama

Two tax havens compared

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🇦🇪 Dubai vs 🇵🇹 Portugal

Gulf free zone vs European lifestyle

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🇪🇪 Estonia vs 🇬🇪 Georgia

e-Residency vs 1% tax rate

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🇪🇪 Estonia vs 🇮🇪 Ireland

e-Residency vs 12.5% Irish rate

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🇪🇪 Estonia vs 🇱🇹 Lithuania

Two Baltic neighbours, two tax models

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🇪🇪 Estonia vs 🇲🇹 Malta

0% reinvested vs Maltese refund

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🇪🇪 Estonia vs 🇵🇦 Panama

Digital EU vs territorial taxation

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🇪🇪 Estonia vs 🇵🇹 Portugal

e-Residency vs post-NHR regime

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🇬🇪 Georgia vs 🇮🇪 Ireland

1% tax vs 12.5% Irish CIT

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🇬🇪 Georgia vs 🇱🇹 Lithuania

Caucasus vs Baltic EU member

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🇬🇪 Georgia vs 🇲🇹 Malta

1% tax vs Maltese refund system

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🇬🇪 Georgia vs 🇵🇦 Panama

Two non-EU low-tax jurisdictions

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🇬🇪 Georgia vs 🇵🇹 Portugal

1% tax vs post-NHR Portugal

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🇮🇪 Ireland vs 🇱🇹 Lithuania

12.5% CIT vs Baltic efficiency

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🇮🇪 Ireland vs 🇲🇹 Malta

Two EU islands, two tax models

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🇮🇪 Ireland vs 🇵🇦 Panama

EU credibility vs territorial taxation

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🇮🇪 Ireland vs 🇵🇹 Portugal

12.5% CIT vs post-NHR regime

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🇱🇹 Lithuania vs 🇲🇹 Malta

Baltic vs Mediterranean EU member

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🇱🇹 Lithuania vs 🇵🇦 Panama

EU member vs offshore jurisdiction

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🇱🇹 Lithuania vs 🇵🇹 Portugal

Baltic efficiency vs Southern European lifestyle

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🇲🇹 Malta vs 🇵🇦 Panama

EU refund system vs territorial taxation

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🇲🇹 Malta vs 🇵🇹 Portugal

Maltese refund vs post-NHR regime

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🇵🇦 Panama vs 🇵🇹 Portugal

Territorial taxation vs EU membership

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Did you know?

The country nobody mentions

0% corporate tax on reinvested profits, European residency, French-speaking firm on the ground. Discover why →

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