Colombia, Singapore, Greece, Indonesia: Tax Rates & Business Setup Compared

Side-by-side breakdown of tax rates, business setup, remote work, 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
🇸🇬Singapore
83
Territorial
🇮🇩Indonesia
61
Worldwide
🇨🇴Colombia
59
Worldwide
🇬🇷Greece
70
Worldwide

Dimension Profile

Shape = jurisdiction fingerprint. Gap = your decision.

Tax Regime Comparison3
🇸🇬SingaporeTerritorial22%
🇮🇩IndonesiaWorldwide35%
🇨🇴ColombiaWorldwide39%
🇬🇷GreeceWorldwide44%
Tax system mismatchCritical

Indonesia and Colombia and Greece tax all worldwide income once you become a tax resident (top rate: 44%). Singapore does not - only locally-sourced income is taxed. This is a fundamental structural difference that affects your total effective tax burden.

Exit tax applies in one jurisdictionCritical

Greece has 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.

CFC rules apply in one jurisdictionReview

Colombia 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 countries in this comparison do 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
🇸🇬Singapore83
🇮🇩Indonesia61
🇨🇴Colombia59
🇬🇷Greece70
Dimension Scores
Corporate Tax
100
37
0
52
Funding
85
80
85
85
Visa
75
90
60
85
Residency
75
43
70
60
Tax Res.
75
55
50
45
Practical
91
45
86
83
Remote Work
35
67
79
79
Family
90
75
80
85
Ecosystem
100
70
60
65
Corporate Tax Details
Corporate Tax Rate17%22%35%22%
Capital Gains Tax0%-10%22%
Tax Treaties93711757
Territorial SystemYesNoNoNo
Funding Details
Active VCs180305516
Government GrantsYesYesYesYes
EU Funding EligibleNoNoNoYes
Visa Details
Has Startup VisaYesYesNoYes
Processing Time426045120
Min Investment$0-$27K$272K
E-ResidencyNoNoNoNo
Digital Nomad VisaNoYesYesYes
Residency Details
Visa Programs Available3236
Citizenship Timeline21057
Dual CitizenshipNoNoYesYes
Immigration Score7576
Tax Res. Details
Tax Residency Days183183183183
Personal Tax Top Rate22353944
Territorial TaxationYesNoNoNo
Special Tax RegimeNoNoNoYes
Exit TaxNoNoNoYes
Practical Details
Banking Difficultyeasydifficultmoderatemoderate
100% Foreign OwnershipYesNoYesYes
Company Formation130510
Virtual Office OKYesNoYesYes
Remote Work Details
Nomad VisaNoYesYesYes
Tourist Workillegalgray_areatoleratedillegal
Tourist Visa Days30309090
PE Risk Levelvery_highlowlowmoderate
Days Before Tax Res.183183183183
Internet Speed250254593
Coworking/mo$400$100$120$175
Family Details
Safety Index91554454
Int'l SchoolsYesYesYesYes
Homeschoolinglegal_with_restrictionslegallegallegal_with_restrictions
Healthcare Quality90556559
Cost of Living115324240
Ecosystem Details
Unicorns25852
English Business EnvYesNoNoYes
Talent Pool Quality85506268

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