Malta, Greece, Indonesia, Spain: Business Setup & Residency Pathways Compared

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

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4 selectedClear all
🇮🇩Indonesia
61
Worldwide
🇪🇸Spain
69
Worldwide
🇲🇹Malta
72
Remittance-Based
🇬🇷Greece
70
Worldwide

Dimension Profile

Shape = jurisdiction fingerprint. Gap = your decision.

Tax Regime Comparison3
🇮🇩IndonesiaWorldwide35%
🇪🇸SpainWorldwide47%
🇲🇹MaltaRemittance-Based35%
🇬🇷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 countries in this comparison do 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 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
🇪🇸Spain69
🇲🇹Malta72
🇬🇷Greece70
Dimension Scores
Corporate Tax
37
32
25
52
Funding
80
100
85
85
Visa
90
90
90
85
Residency
43
43
83
60
Tax Res.
55
45
70
45
Practical
45
96
86
83
Remote Work
67
64
84
79
Family
75
95
100
85
Ecosystem
70
60
50
65
Corporate Tax Details
Corporate Tax Rate22%25%35%22%
Capital Gains Tax-28%0%22%
Tax Treaties71967757
Territorial SystemNoNoNoNo
Funding Details
Active VCs301001816
Government GrantsYesYesYesYes
EU Funding EligibleNoYesYesYes
Visa Details
Has Startup VisaYesYesYesYes
Processing Time604560120
Min Investment--$27K$272K
E-ResidencyNoNoNoNo
Digital Nomad VisaYesYesYesYes
Residency Details
Visa Programs Available2236
Citizenship Timeline101057
Dual CitizenshipNoNoYesYes
Immigration Score5776
Tax Res. Details
Tax Residency Days183183183183
Personal Tax Top Rate35473544
Territorial TaxationNoNoNoNo
Special Tax RegimeNoYesYesYes
Exit TaxNoYesNoYes
Practical Details
Banking Difficultydifficulteasymoderatemoderate
100% Foreign OwnershipNoYesYesYes
Company Formation307710
Virtual Office OKNoYesYesYes
Remote Work Details
Nomad VisaYesYesYesYes
Tourist Workgray_areagray_areatoleratedillegal
Tourist Visa Days30909090
PE Risk Levellowmoderatelowmoderate
Days Before Tax Res.183183183183
Internet Speed252206593
Coworking/mo$100$250$200$175
Family Details
Safety Index55727254
Int'l SchoolsYesYesYesYes
Homeschoolinglegallegal_with_restrictionslegal_with_restrictionslegal_with_restrictions
Healthcare Quality55827459
Cost of Living32557240
Ecosystem Details
Unicorns8502
English Business EnvNoNoYesYes
Talent Pool Quality50705568

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