Thailand, Indonesia, Italy, Cyprus: Tax Rates & Business Setup Compared

Side-by-side breakdown of tax rates, business setup, startup funding, 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
🇮🇩Indonesia
61
Worldwide
🇨🇾Cyprus
81
Worldwide
🇹🇭Thailand
57
Worldwide
🇮🇹Italy
70
Worldwide

Dimension Profile

Shape = jurisdiction fingerprint. Gap = your decision.

Tax Regime Comparison1
🇮🇩IndonesiaWorldwide35%
🇨🇾CyprusWorldwide35%
🇹🇭ThailandWorldwide35%
🇮🇹ItalyWorldwide43%
CFC rules apply in one jurisdictionReview

Italy has 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
🇨🇾Cyprus81
🇹🇭Thailand57
🇮🇹Italy70
Dimension Scores
Corporate Tax
37
83
43
32
Funding
80
85
70
100
Visa
90
90
90
90
Residency
43
65
58
68
Tax Res.
55
70
60
55
Practical
45
86
58
83
Remote Work
67
64
72
64
Family
75
100
80
85
Ecosystem
70
65
60
65
Corporate Tax Details
Corporate Tax Rate22%12.5%20%27.9%
Capital Gains Tax-0%0%26%
Tax Treaties716561100
Territorial SystemNoNoNoNo
Funding Details
Active VCs30202080
Government GrantsYesYesYesYes
EU Funding EligibleNoYesNoYes
Visa Details
Has Startup VisaYesYesYesYes
Processing Time60606060
Min Investment-$30K--
E-ResidencyNoNoNoNo
Digital Nomad VisaYesYesYesYes
Residency Details
Visa Programs Available2324
Citizenship Timeline1071210
Dual CitizenshipNoYesNoYes
Immigration Score5766
Tax Res. Details
Tax Residency Days183183180183
Personal Tax Top Rate35353543
Territorial TaxationNoNoNoNo
Special Tax RegimeNoYesNoYes
Exit TaxNoNoNoNo
Practical Details
Banking Difficultydifficultmoderatemoderatemoderate
100% Foreign OwnershipNoYesNoYes
Company Formation3051430
Virtual Office OKNoYesYesYes
Remote Work Details
Nomad VisaYesYesYesYes
Tourist Workgray_areagray_areagray_areagray_area
Tourist Visa Days30903090
PE Risk Levellowmoderatelowmoderate
Days Before Tax Res.18360180183
Internet Speed2565200117
Coworking/mo$100$180$150$275
Family Details
Safety Index55806265
Int'l SchoolsYesYesYesYes
Homeschoolinglegallegal_with_restrictionslegal_with_restrictionslegal_with_restrictions
Healthcare Quality55757282
Cost of Living32704055
Ecosystem Details
Unicorns8139
English Business EnvNoYesNoNo
Talent Pool Quality50605565

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