Uruguay, Cyprus, Italy, Greece: Tax Rates & Startup Funding Compared

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

Select Countries

SingaporeCyprusEstoniaUruguayPanamaPortugalCosta RicaSwitzerlandMaltaUnited KingdomCanadaGreeceItalyParaguaySpainGeorgiaUnited Arab EmiratesGermanyIrelandIndonesiaColombiaNetherlandsArgentinaMexicoThailandSao Tome and Principe
4 selectedClear all
🇺🇾Uruguay
80
Impatriados - 11-year tax holiday on foreign capital income
🇨🇾Cyprus
81
Worldwide
🇬🇷Greece
70
Worldwide
🇮🇹Italy
70
Worldwide

Dimension Profile

Shape = jurisdiction fingerprint. Gap = your decision.

Tax Regime Comparison4
🇺🇾UruguayImpatriados - 11-year tax holiday on foreign capital income36%
🇨🇾CyprusWorldwide35%
🇬🇷GreeceWorldwide44%
🇮🇹ItalyWorldwide43%
Tax system mismatchCritical

Cyprus and Greece and Italy tax all worldwide income once you become a tax resident (top rate: 44%). Uruguay 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

Greece 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.

CFC rules apply in one jurisdictionReview

Uruguay 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.

Special tax regime available in one jurisdictionNote

Uruguay (Impatriados - 11-year tax holiday on foreign capital income) offers a qualifying program that may exempt foreign-source income from local tax for up to 11 years. 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
🇺🇾Uruguay80
🇨🇾Cyprus81
🇬🇷Greece70
🇮🇹Italy70
Dimension Scores
Corporate Tax
100
83
52
32
Funding
70
85
85
100
Visa
70
90
85
90
Residency
80
65
60
68
Tax Res.
70
70
45
55
Practical
78
86
83
83
Remote Work
94
64
79
64
Family
95
100
85
85
Ecosystem
55
65
65
65
Corporate Tax Details
Corporate Tax Rate25%12.5%22%27.9%
Capital Gains Tax12%0%22%26%
Tax Treaties256557100
Territorial SystemYesNoNoNo
Funding Details
Active VCs15201680
Government GrantsYesYesYesYes
EU Funding EligibleNoYesYesYes
Visa Details
Has Startup VisaNoYesYesYes
Processing Time216012060
Min Investment-$30K$272K-
E-ResidencyNoNoNoNo
Digital Nomad VisaYesYesYesYes
Residency Details
Visa Programs Available3364
Citizenship Timeline57710
Dual CitizenshipYesYesYesYes
Immigration Score7766
Tax Res. Details
Tax Residency Days183183183183
Personal Tax Top Rate36354443
Territorial TaxationNoNoNoNo
Special Tax RegimeYesYesYesYes
Exit TaxNoNoYesNo
Practical Details
Banking Difficultymoderatemoderatemoderatemoderate
100% Foreign OwnershipYesYesYesYes
Company Formation1451030
Virtual Office OKYesYesYesYes
Remote Work Details
Nomad VisaYesYesYesYes
Tourist Worktoleratedgray_areaillegalgray_area
Tourist Visa Days90909090
PE Risk Levellowmoderatemoderatemoderate
Days Before Tax Res.18360183183
Internet Speed1206593117
Coworking/mo$140$180$175$275
Family Details
Safety Index72805465
Int'l SchoolsYesYesYesYes
Homeschoolinglegal_with_restrictionslegal_with_restrictionslegal_with_restrictionslegal_with_restrictions
Healthcare Quality82755982
Cost of Living40704055
Ecosystem Details
Unicorns1129
English Business EnvNoYesYesNo
Talent Pool Quality62606865

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