Belize, Sao Tome and Principe, Georgia, Paraguay: Tax Rates & Personal Tax Compared

Side-by-side breakdown of tax rates, personal tax, business setup, 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
🇧🇿Belize
74
Territorial
🇵🇾Paraguay
69
Territorial
🇬🇪Georgia
68
Small Business Status / Virtual Zone IT Company
🇸🇹Sao Tome and Principe
46
Worldwide

Dimension Profile

Shape = jurisdiction fingerprint. Gap = your decision.

Tax Regime Comparison2
🇧🇿BelizeTerritorial0%
🇵🇾ParaguayTerritorial10%
🇬🇪GeorgiaSmall Business Status / Virtual Zone IT Company20%
🇸🇹Sao Tome and PrincipeWorldwide25%
Tax system mismatchCritical

Sao Tome and Principe taxes all worldwide income once you become a tax resident (top rate: 25%). Belize and Paraguay and Georgia do not - only locally-sourced income is taxed. This is a fundamental structural difference that affects your total effective tax burden.

Special tax regime available in one jurisdictionNote

Georgia (Small Business Status / Virtual Zone IT Company) offers a qualifying program that may exempt foreign-source income from local tax. This can significantly reduce your effective rate compared to the standard regime.

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
🇧🇿Belize74
🇵🇾Paraguay69
🇬🇪Georgia68
🇸🇹Sao Tome and Principe46
Dimension Scores
Corporate Tax
100
100
100
17
Funding
40
40
70
40
Visa
50
50
50
50
Residency
68
66
58
56
Tax Res.
90
80
75
55
Practical
86
76
86
55
Remote Work
77
69
80
52
Family
90
80
90
70
Ecosystem
50
40
40
40
Corporate Tax Details
Corporate Tax Rate0%10%15%25%
Capital Gains Tax0%10%15%0%
Tax Treaties314563
Territorial SystemYesYesYesNo
Funding Details
Active VCs35140
Government GrantsNoNoYesNo
EU Funding EligibleNoNoNoNo
Visa Details
Has Startup VisaNoNoNoNo
Processing Time-60-42
Min Investment-$70K-$90K
E-ResidencyNoNoNoNo
Digital Nomad VisaYesNoYesNo
Residency Details
Visa Programs Available2232
Citizenship Timeline5310-
Dual CitizenshipYesYesNoYes
Immigration Score7997
Tax Res. Details
Tax Residency Days183120183183
Personal Tax Top Rate0102025
Territorial TaxationYesYesNoNo
Special Tax RegimeNoNoYesNo
Exit TaxNoNoNoNo
Practical Details
Banking Difficultymoderatedifficulteasyvery_difficult
100% Foreign OwnershipYesYesYesYes
Company Formation27130
Virtual Office OKYesYesYesNo
Remote Work Details
Nomad VisaYesNoNoNo
Tourist Workgray_areatoleratedlegalillegal
Tourist Visa Days309036515
PE Risk Levellowlowlowlow
Days Before Tax Res.183120183183
Internet Speed40304510
Coworking/mo$150$80$100-
Family Details
Safety Index55527265
Int'l SchoolsYesYesYesNo
Homeschoolinglegallegallegal-
Healthcare Quality45525830
Cost of Living50353828
Ecosystem Details
Unicorns0000
English Business EnvYesNoNoNo
Talent Pool Quality35385210

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