Argentina, Greece, Indonesia, Spain: Tax Rates & Business Setup Compared

Side-by-side breakdown of tax rates, business setup, residency pathways, and 6 more dimensions for founders choosing where to incorporate in 2026.

Select Countries

SingaporeCyprusEstoniaUruguayPanamaPortugalCosta RicaBelizeSwitzerlandMaltaUnited KingdomCanadaGreeceItalyParaguaySpainGeorgiaUnited Arab EmiratesGermanyIrelandIndonesiaColombiaNetherlandsArgentinaMexicoThailandSao Tome and Principe
4 selectedClear all
🇮🇩Indonesia
61
Worldwide
🇪🇸Spain
69
Worldwide
🇦🇷Argentina
58
Worldwide
🇬🇷Greece
70
Worldwide

Dimension Profile

Shape = jurisdiction fingerprint. Gap = your decision.

Tax Regime Comparison3
🇮🇩IndonesiaWorldwide35%
🇪🇸SpainWorldwide47%
🇦🇷ArgentinaWorldwide35%
🇬🇷GreeceWorldwide44%
Exit tax applies in one jurisdictionCritical

Spain and Greece have an exit tax. If you establish residency and later wish to leave, you may owe tax on unrealized gains or assets at departure. The other countries in this comparison do not have an exit tax.

12pp personal tax rate spreadNote

Both countries tax worldwide income, but the top personal income tax rates differ materially. Spain: 47% vs Indonesia: 35%. Both apply to all global earnings once you establish residency.

CFC rules apply in one jurisdictionReview

Spain and Argentina and Greece have Controlled Foreign Corporation (CFC) rules. Owning a foreign company as a resident may trigger local tax on undistributed profits - even if the company pays no dividends. The other country in this comparison does not have CFC rules.

Not tax advice. Tax laws change frequently. Verify with a qualified professional before making residency decisions.

Field-by-Field Breakdown

Green = best value per row
Metric
🇮🇩Indonesia61
🇪🇸Spain69
🇦🇷Argentina58
🇬🇷Greece70
Dimension Scores
Corporate Tax
37
32
0
52
Funding
80
100
85
85
Visa
90
90
90
85
Residency
43
43
91
60
Tax Res.
55
45
55
45
Practical
45
96
81
83
Remote Work
67
64
79
79
Family
75
95
85
85
Ecosystem
70
60
80
65
Corporate Tax Details
Corporate Tax Rate22%25%35%22%
Capital Gains Tax-28%15%22%
Tax Treaties71962257
Territorial SystemNoNoNoNo
Funding Details
Active VCs301006516
Government GrantsYesYesYesYes
EU Funding EligibleNoYesNoYes
Visa Details
Has Startup VisaYesYesYesYes
Processing Time604560120
Min Investment--$5K$272K
E-ResidencyNoNoNoNo
Digital Nomad VisaYesYesYesYes
Residency Details
Visa Programs Available2236
Citizenship Timeline101027
Dual CitizenshipNoNoYesYes
Immigration Score5786
Tax Res. Details
Tax Residency Days183183365183
Personal Tax Top Rate35473544
Territorial TaxationNoNoNoNo
Special Tax RegimeNoYesNoYes
Exit TaxNoYesNoYes
Practical Details
Banking Difficultydifficulteasydifficultmoderate
100% Foreign OwnershipNoYesYesYes
Company Formation307110
Virtual Office OKNoYesYesYes
Remote Work Details
Nomad VisaYesYesYesYes
Tourist Workgray_areagray_areagray_areaillegal
Tourist Visa Days30909090
PE Risk Levellowmoderatemoderatemoderate
Days Before Tax Res.183183365183
Internet Speed2522013093
Coworking/mo$100$250$150$175
Family Details
Safety Index55724554
Int'l SchoolsYesYesYesYes
Homeschoolinglegallegal_with_restrictionslegal_with_restrictionslegal_with_restrictions
Healthcare Quality55827259
Cost of Living32555040
Ecosystem Details
Unicorns85142
English Business EnvNoNoNoYes
Talent Pool Quality50707868

Next steps

Ready to take action?

Ready to incorporate in Indonesia?

Recommended services used by founders targeting this jurisdiction.

Affiliate links - we may earn a commission at no extra cost to you.

Open a business bank account

Best options for founders incorporated in or targeting Indonesia.

Affiliate links - we may earn a commission at no extra cost to you.

Discussion (0)

A community of sovereign individuals - founders, families, and remote operators. Share what you know, ask what you don't.

No comments yet - be the first to share what you know about this page.

BEYOND SCORES

Track entities, compliance, and residency days

NomadSignal is more than country scores. Manage your multi-jurisdiction business with pathway playbooks, presence tracking, compliance alerts, and an AI advisor that knows your data.

See the platformPricing