Italy, Uruguay, Greece: Tax Rates & Startup Funding Compared
Side-by-side breakdown of tax rates, startup funding, remote work, and 6 more dimensions for founders choosing where to incorporate in 2026.
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Greece and Italy tax all worldwide income once you become a tax resident (top rate: 44%). Uruguay does not - only locally-sourced income is taxed. This is a fundamental structural difference that affects your total effective tax burden.
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.
Uruguay (Impatriados - 11-year tax holiday on foreign capital income) offers a qualifying program that may exempt foreign-source income from local tax for up to 11 years. 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.
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