Uruguay, Italy, Greece, Paraguay: 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 RicaSwitzerlandMaltaUnited KingdomCanadaGreeceItalyParaguaySpainGeorgiaUnited Arab EmiratesGermanyIrelandIndonesiaColombiaNetherlandsArgentinaMexicoThailandSao Tome and Principe
4 selectedClear all
🇵🇾Paraguay
69
Territorial
🇺🇾Uruguay
80
Impatriados - 11-year tax holiday on foreign capital income
🇬🇷Greece
70
Worldwide
🇮🇹Italy
70
Worldwide

Dimension Profile

Shape = jurisdiction fingerprint. Gap = your decision.

Tax Regime Comparison4
🇵🇾ParaguayTerritorial10%
🇺🇾UruguayImpatriados - 11-year tax holiday on foreign capital income36%
🇬🇷GreeceWorldwide44%
🇮🇹ItalyWorldwide43%
Tax system mismatchCritical

Greece and Italy tax all worldwide income once you become a tax resident (top rate: 44%). Paraguay and Uruguay do 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
🇵🇾Paraguay69
🇺🇾Uruguay80
🇬🇷Greece70
🇮🇹Italy70
Dimension Scores
Corporate Tax
100
100
52
32
Funding
40
70
85
100
Visa
50
70
85
90
Residency
66
80
60
68
Tax Res.
80
70
45
55
Practical
76
78
83
83
Remote Work
69
94
79
64
Family
80
95
85
85
Ecosystem
40
55
65
65
Corporate Tax Details
Corporate Tax Rate10%25%22%27.9%
Capital Gains Tax10%12%22%26%
Tax Treaties142557100
Territorial SystemYesYesNoNo
Funding Details
Active VCs5151680
Government GrantsNoYesYesYes
EU Funding EligibleNoNoYesYes
Visa Details
Has Startup VisaNoNoYesYes
Processing Time602112060
Min Investment$70K-$272K-
E-ResidencyNoNoNoNo
Digital Nomad VisaNoYesYesYes
Residency Details
Visa Programs Available2364
Citizenship Timeline35710
Dual CitizenshipYesYesYesYes
Immigration Score9766
Tax Res. Details
Tax Residency Days120183183183
Personal Tax Top Rate10364443
Territorial TaxationYesNoNoNo
Special Tax RegimeNoYesYesYes
Exit TaxNoNoYesNo
Practical Details
Banking Difficultydifficultmoderatemoderatemoderate
100% Foreign OwnershipYesYesYesYes
Company Formation7141030
Virtual Office OKYesYesYesYes
Remote Work Details
Nomad VisaNoYesYesYes
Tourist Worktoleratedtoleratedillegalgray_area
Tourist Visa Days90909090
PE Risk Levellowlowmoderatemoderate
Days Before Tax Res.120183183183
Internet Speed3012093117
Coworking/mo$80$140$175$275
Family Details
Safety Index52725465
Int'l SchoolsYesYesYesYes
Homeschoolinglegallegal_with_restrictionslegal_with_restrictionslegal_with_restrictions
Healthcare Quality52825982
Cost of Living35404055
Ecosystem Details
Unicorns0129
English Business EnvNoNoYesNo
Talent Pool Quality38626865

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