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

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

Select Countries

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

Dimension Profile

Shape = jurisdiction fingerprint. Gap = your decision.

Tax Regime Comparison3
🇮🇩IndonesiaWorldwide35%
🇪🇸SpainWorldwide47%
🇬🇷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 country in this comparison does 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 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
🇬🇷Greece70
Dimension Scores
Corporate Tax
37
32
52
Funding
80
100
85
Visa
90
90
85
Residency
43
43
60
Tax Res.
55
45
45
Practical
45
96
83
Remote Work
67
64
79
Family
75
95
85
Ecosystem
70
60
65
Corporate Tax Details
Corporate Tax Rate22%25%22%
Capital Gains Tax-28%22%
Tax Treaties719657
Territorial SystemNoNoNo
Funding Details
Active VCs3010016
Government GrantsYesYesYes
EU Funding EligibleNoYesYes
Visa Details
Has Startup VisaYesYesYes
Processing Time6045120
Min Investment--$272K
E-ResidencyNoNoNo
Digital Nomad VisaYesYesYes
Residency Details
Visa Programs Available226
Citizenship Timeline10107
Dual CitizenshipNoNoYes
Immigration Score576
Tax Res. Details
Tax Residency Days183183183
Personal Tax Top Rate354744
Territorial TaxationNoNoNo
Special Tax RegimeNoYesYes
Exit TaxNoYesYes
Practical Details
Banking Difficultydifficulteasymoderate
100% Foreign OwnershipNoYesYes
Company Formation30710
Virtual Office OKNoYesYes
Remote Work Details
Nomad VisaYesYesYes
Tourist Workgray_areagray_areaillegal
Tourist Visa Days309090
PE Risk Levellowmoderatemoderate
Days Before Tax Res.183183183
Internet Speed2522093
Coworking/mo$100$250$175
Family Details
Safety Index557254
Int'l SchoolsYesYesYes
Homeschoolinglegallegal_with_restrictionslegal_with_restrictions
Healthcare Quality558259
Cost of Living325540
Ecosystem Details
Unicorns852
English Business EnvNoNoYes
Talent Pool Quality507068

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