Cyprus, Indonesia, Italy: 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.

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SingaporeCyprusEstoniaUruguayPanamaPortugalCosta RicaBelizeSwitzerlandMaltaUnited KingdomCanadaGreeceItalyParaguaySpainGeorgiaUnited Arab EmiratesGermanyIrelandIndonesiaColombiaNetherlandsArgentinaMexicoThailandSao Tome and Principe
3 selectedClear all
🇮🇩Indonesia
61
Worldwide
🇨🇾Cyprus
81
Worldwide
🇮🇹Italy
70
Worldwide

Dimension Profile

Shape = jurisdiction fingerprint. Gap = your decision.

Tax Regime Comparison1
🇮🇩IndonesiaWorldwide35%
🇨🇾CyprusWorldwide35%
🇮🇹ItalyWorldwide43%
CFC rules apply in one jurisdictionReview

Italy has 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
🇮🇩Indonesia61
🇨🇾Cyprus81
🇮🇹Italy70
Dimension Scores
Corporate Tax
37
83
32
Funding
80
85
100
Visa
90
90
90
Residency
43
65
68
Tax Res.
55
70
55
Practical
45
86
83
Remote Work
67
64
64
Family
75
100
85
Ecosystem
70
65
65
Corporate Tax Details
Corporate Tax Rate22%12.5%27.9%
Capital Gains Tax-0%26%
Tax Treaties7165100
Territorial SystemNoNoNo
Funding Details
Active VCs302080
Government GrantsYesYesYes
EU Funding EligibleNoYesYes
Visa Details
Has Startup VisaYesYesYes
Processing Time606060
Min Investment-$30K-
E-ResidencyNoNoNo
Digital Nomad VisaYesYesYes
Residency Details
Visa Programs Available234
Citizenship Timeline10710
Dual CitizenshipNoYesYes
Immigration Score576
Tax Res. Details
Tax Residency Days183183183
Personal Tax Top Rate353543
Territorial TaxationNoNoNo
Special Tax RegimeNoYesYes
Exit TaxNoNoNo
Practical Details
Banking Difficultydifficultmoderatemoderate
100% Foreign OwnershipNoYesYes
Company Formation30530
Virtual Office OKNoYesYes
Remote Work Details
Nomad VisaYesYesYes
Tourist Workgray_areagray_areagray_area
Tourist Visa Days309090
PE Risk Levellowmoderatemoderate
Days Before Tax Res.18360183
Internet Speed2565117
Coworking/mo$100$180$275
Family Details
Safety Index558065
Int'l SchoolsYesYesYes
Homeschoolinglegallegal_with_restrictionslegal_with_restrictions
Healthcare Quality557582
Cost of Living327055
Ecosystem Details
Unicorns819
English Business EnvNoYesNo
Talent Pool Quality506065

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