Thailand, Italy, Canada, Greece: Business Setup & Remote Work Compared

Side-by-side breakdown of business setup, remote work, residency pathways, 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
🇨🇦Canada
70
Worldwide
🇹🇭Thailand
57
Worldwide
🇬🇷Greece
70
Worldwide
🇮🇹Italy
70
Worldwide

Dimension Profile

Shape = jurisdiction fingerprint. Gap = your decision.

Tax Regime Comparison3
🇨🇦CanadaWorldwide53.53%
🇹🇭ThailandWorldwide35%
🇬🇷GreeceWorldwide44%
🇮🇹ItalyWorldwide43%
Exit tax applies in one jurisdictionCritical

Canada 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.

18.53pp personal tax rate spreadNote

Both countries tax worldwide income, but the top personal income tax rates differ materially. Canada: 53.53% vs Thailand: 35%. Both apply to all global earnings once you establish residency.

CFC rules apply in one jurisdictionReview

Canada and Greece and Italy 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 country in this comparison does 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
🇨🇦Canada70
🇹🇭Thailand57
🇬🇷Greece70
🇮🇹Italy70
Dimension Scores
Corporate Tax
27
43
52
32
Funding
85
70
85
100
Visa
75
90
85
90
Residency
93
58
60
68
Tax Res.
35
60
45
55
Practical
96
58
83
83
Remote Work
43
72
79
64
Family
90
80
85
85
Ecosystem
90
60
65
65
Corporate Tax Details
Corporate Tax Rate26.5%20%22%27.9%
Capital Gains Tax26.76%0%22%26%
Tax Treaties936157100
Territorial SystemNoNoNoNo
Funding Details
Active VCs185201680
Government GrantsYesYesYesYes
EU Funding EligibleNoNoYesYes
Visa Details
Has Startup VisaYesYesYesYes
Processing Time7306012060
Min Investment$75K-$272K-
E-ResidencyNoNoNoNo
Digital Nomad VisaNoYesYesYes
Residency Details
Visa Programs Available3264
Citizenship Timeline512710
Dual CitizenshipYesNoYesYes
Immigration Score8666
Tax Res. Details
Tax Residency Days183180183183
Personal Tax Top Rate54354443
Territorial TaxationNoNoNoNo
Special Tax RegimeNoNoYesYes
Exit TaxYesNoYesNo
Practical Details
Banking Difficultymoderatemoderatemoderatemoderate
100% Foreign OwnershipYesNoYesYes
Company Formation3141030
Virtual Office OKYesYesYesYes
Remote Work Details
Nomad VisaNoYesYesYes
Tourist Workillegalgray_areaillegalgray_area
Tourist Visa Days180309090
PE Risk Levelhighlowmoderatemoderate
Days Before Tax Res.183180183183
Internet Speed9520093117
Coworking/mo$350$150$175$275
Family Details
Safety Index75625465
Int'l SchoolsYesYesYesYes
Homeschoolinglegallegal_with_restrictionslegal_with_restrictionslegal_with_restrictions
Healthcare Quality82725982
Cost of Living85404055
Ecosystem Details
Unicorns42329
English Business EnvYesNoYesNo
Talent Pool Quality82556865

Next steps

Ready to take action?

Ready to incorporate in Canada?

Recommended services used by founders targeting this jurisdiction.

Affiliate links - we may earn a commission at no extra cost to you.

Open a business bank account

Best options for founders incorporated in or targeting Canada.

Affiliate links - we may earn a commission at no extra cost to you.

Discussion (0)

A community of sovereign individuals - founders, families, and remote operators. Share what you know, ask what you don't.

No comments yet - be the first to share what you know about this page.

BEYOND SCORES

Track entities, compliance, and residency days

NomadSignal is more than country scores. Manage your multi-jurisdiction business with pathway playbooks, presence tracking, compliance alerts, and an AI advisor that knows your data.

See the platformPricing