Mexico, Ireland, Sao Tome and Principe, Thailand: Tax Rates & Startup Funding Compared

Side-by-side breakdown of tax rates, startup funding, 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
🇮🇪Ireland
62
Remittance-Based
🇲🇽Mexico
58
Worldwide
🇹🇭Thailand
57
Worldwide
🇸🇹Sao Tome and Principe
46
Worldwide

Dimension Profile

Shape = jurisdiction fingerprint. Gap = your decision.

Tax Regime Comparison3
🇮🇪IrelandRemittance-Based40%
🇲🇽MexicoWorldwide35%
🇹🇭ThailandWorldwide35%
🇸🇹Sao Tome and PrincipeWorldwide25%
Exit tax applies in one jurisdictionCritical

Ireland and Mexico 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.

15pp personal tax rate spreadNote

Both countries tax worldwide income, but the top personal income tax rates differ materially. Ireland: 40% vs Sao Tome and Principe: 25%. Both apply to all global earnings once you establish residency.

CFC rules apply in one jurisdictionReview

Ireland and Mexico 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
🇮🇪Ireland62
🇲🇽Mexico58
🇹🇭Thailand57
🇸🇹Sao Tome and Principe46
Dimension Scores
Corporate Tax
83
15
43
17
Funding
100
85
70
40
Visa
80
50
90
50
Residency
75
65
58
56
Tax Res.
60
40
60
55
Practical
86
73
58
55
Remote Work
39
56
72
52
Family
80
80
80
70
Ecosystem
75
70
60
40
Corporate Tax Details
Corporate Tax Rate12.5%30%20%25%
Capital Gains Tax33%30%0%0%
Tax Treaties7665613
Territorial SystemNoNoNoNo
Funding Details
Active VCs6582200
Government GrantsYesYesYesNo
EU Funding EligibleYesNoNoNo
Visa Details
Has Startup VisaYesNoYesNo
Processing Time90306042
Min Investment$55K$40K-$90K
E-ResidencyNoNoNoNo
Digital Nomad VisaNoNoYesNo
Residency Details
Visa Programs Available3322
Citizenship Timeline5512-
Dual CitizenshipYesYesNoYes
Immigration Score5767
Tax Res. Details
Tax Residency Days183183180183
Personal Tax Top Rate40353525
Territorial TaxationNoNoNoNo
Special Tax RegimeYesNoNoNo
Exit TaxYesYesNoNo
Practical Details
Banking Difficultymoderatemoderatemoderatevery_difficult
100% Foreign OwnershipYesYesNoYes
Company Formation5101430
Virtual Office OKYesYesYesNo
Remote Work Details
Nomad VisaNoNoYesNo
Tourist Workgray_areatoleratedgray_areaillegal
Tourist Visa Days901803015
PE Risk Levelhighmoderatelowlow
Days Before Tax Res.183183180183
Internet Speed905520010
Coworking/mo$300$150$150-
Family Details
Safety Index62416265
Int'l SchoolsYesYesYesNo
Homeschoolinglegallegallegal_with_restrictions-
Healthcare Quality75657230
Cost of Living95484028
Ecosystem Details
Unicorns121830
English Business EnvYesNoNoNo
Talent Pool Quality60685510

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