Cyprus, Mexico, Indonesia, Greece: Tax Rates & Business Setup Compared

Side-by-side breakdown of tax rates, business setup, visa options, 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
🇲🇽Mexico
58
Worldwide
🇨🇾Cyprus
81
Worldwide
🇬🇷Greece
70
Worldwide

Dimension Profile

Shape = jurisdiction fingerprint. Gap = your decision.

Tax Regime Comparison2
🇮🇩IndonesiaWorldwide35%
🇲🇽MexicoWorldwide35%
🇨🇾CyprusWorldwide35%
🇬🇷GreeceWorldwide44%
Exit tax applies in one jurisdictionCritical

Mexico 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.

CFC rules apply in one jurisdictionReview

Mexico 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
🇮🇩Indonesia61
🇲🇽Mexico58
🇨🇾Cyprus81
🇬🇷Greece70
Dimension Scores
Corporate Tax
37
15
83
52
Funding
80
85
85
85
Visa
90
50
90
85
Residency
43
65
65
60
Tax Res.
55
40
70
45
Practical
45
73
86
83
Remote Work
67
56
64
79
Family
75
80
100
85
Ecosystem
70
70
65
65
Corporate Tax Details
Corporate Tax Rate22%30%12.5%22%
Capital Gains Tax-30%0%22%
Tax Treaties71656557
Territorial SystemNoNoNoNo
Funding Details
Active VCs30822016
Government GrantsYesYesYesYes
EU Funding EligibleNoNoYesYes
Visa Details
Has Startup VisaYesNoYesYes
Processing Time603060120
Min Investment-$40K$30K$272K
E-ResidencyNoNoNoNo
Digital Nomad VisaYesNoYesYes
Residency Details
Visa Programs Available2336
Citizenship Timeline10577
Dual CitizenshipNoYesYesYes
Immigration Score5776
Tax Res. Details
Tax Residency Days183183183183
Personal Tax Top Rate35353544
Territorial TaxationNoNoNoNo
Special Tax RegimeNoNoYesYes
Exit TaxNoYesNoYes
Practical Details
Banking Difficultydifficultmoderatemoderatemoderate
100% Foreign OwnershipNoYesYesYes
Company Formation3010510
Virtual Office OKNoYesYesYes
Remote Work Details
Nomad VisaYesNoYesYes
Tourist Workgray_areatoleratedgray_areaillegal
Tourist Visa Days301809090
PE Risk Levellowmoderatemoderatemoderate
Days Before Tax Res.18318360183
Internet Speed25556593
Coworking/mo$100$150$180$175
Family Details
Safety Index55418054
Int'l SchoolsYesYesYesYes
Homeschoolinglegallegallegal_with_restrictionslegal_with_restrictions
Healthcare Quality55657559
Cost of Living32487040
Ecosystem Details
Unicorns81812
English Business EnvNoNoYesYes
Talent Pool Quality50686068

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