Sao Tome and Principe, Thailand, Switzerland, Spain: Startup Funding & Startup Ecosystem Compared

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

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4 selectedClear all

🇪🇸Spain

Worldwide

🇨🇭Switzerland

Lump-Sum Taxation (Forfait / Expenditure-Based Taxation)

🇹🇭Thailand

Worldwide

🇸🇹Sao Tome and Principe

Worldwide

Dimension Profile

Shape = jurisdiction fingerprint. Gap = your decision.

Tax Regime Comparison5

🇪🇸SpainWorldwide47%

🇨🇭SwitzerlandLump-Sum Taxation (Forfait / Expenditure-Based Taxation)40%

🇹🇭ThailandWorldwide35%

🇸🇹Sao Tome and PrincipeWorldwide25%

Tax system mismatchCritical

Spain and Thailand and Sao Tome and Principe tax all worldwide income once you become a tax resident (top rate: 47%). Switzerland does not - only locally-sourced income is taxed. This is a fundamental structural difference that affects your total effective tax burden.

Exit tax applies in one jurisdictionCritical

Spain 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.

22pp personal tax rate spreadReview

Both countries tax worldwide income, but the top personal income tax rates differ materially. Spain: 47% vs Sao Tome and Principe: 25%. Both apply to all global earnings once you establish residency.

CFC rules apply in one jurisdictionReview

Spain and Switzerland 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.

Special tax regime available in one jurisdictionNote

Switzerland (Lump-Sum Taxation (Forfait / Expenditure-Based Taxation)) offers a qualifying program that may exempt foreign-source income from local tax. 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.

Field-by-Field Breakdown

Green = best value per row

Metric	🇪🇸Spain69	🇨🇭Switzerland73	🇹🇭Thailand57	🇸🇹Sao Tome and Principe46
Dimension Scores
Corporate Tax	32	75	43	17
Funding	100	85	70	40
Visa	90	40	90	50
Residency	43	60	58	56
Tax Res.	45	70	60	55
Practical	96	88	58	55
Remote Work	64	39	72	52
Family	95	75	80	70
Ecosystem	60	100	60	40
Corporate Tax Details
Corporate Tax Rate	25%	14.9%	20%	25%
Capital Gains Tax	28%	0%	0%	0%
Tax Treaties	96	100	61	3
Territorial System	No	No	No	No
Funding Details
Active VCs	100	80	20	0
Government Grants	Yes	Yes	Yes	No
EU Funding Eligible	Yes	No	No	No
Visa Details
Has Startup Visa	Yes	No	Yes	No
Processing Time	45	45	60	42
Min Investment	-	-	-	$90K
E-Residency	No	No	No	No
Digital Nomad Visa	Yes	No	Yes	No
Residency Details
Visa Programs Available	2	3	2	2
Citizenship Timeline	10	10	12	-
Dual Citizenship	No	Yes	No	Yes
Immigration Score	7	6	6	7
Tax Res. Details
Tax Residency Days	183	90	180	183
Personal Tax Top Rate	47	40	35	25
Territorial Taxation	No	No	No	No
Special Tax Regime	Yes	Yes	No	No
Exit Tax	Yes	No	No	No
Practical Details
Banking Difficulty	easy	easy	moderate	very_difficult
100% Foreign Ownership	Yes	Yes	No	Yes
Company Formation	7	5	14	30
Virtual Office OK	Yes	No	Yes	No
Remote Work Details
Nomad Visa	Yes	No	Yes	No
Tourist Work	gray_area	illegal	gray_area	illegal
Tourist Visa Days	90	90	30	15
PE Risk Level	moderate	high	low	low
Days Before Tax Res.	183	90	180	183
Internet Speed	220	200	200	10
Coworking/mo	$250	$400	$150	-
Family Details
Safety Index	72	90	62	65
Int'l Schools	Yes	Yes	Yes	No
Homeschooling	legal_with_restrictions	legal_with_restrictions	legal_with_restrictions	-
Healthcare Quality	82	95	72	30
Cost of Living	55	140	40	28
Ecosystem Details
Unicorns	5	12	3	0
English Business Env	No	Yes	No	No
Talent Pool Quality	70	85	55	10

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