United Arab Emirates
The United Arab Emirates is a business hub entirely for the Middle East located in the Persian Gulf, has a very well-developed banking system and excellent infrastructure. Depending on which location you choose, you can expect various amenities and business benefits. As a rule, the UAE has a good international reputation. It is mainly due to outstanding business locations and non-restrictive environment in comparison to other countries.
​
Mainland
Dubai in particular is an undisputed economic oasis that combines the interests of Europe, Asia, and Africa in one place. It is necessary to obtain a license from the Dubai Economic Department (DED). Business activities may be conducted within and outside the United Arab Emirates. The mainland companies can trade with other companies. The mainland's law requires a local sponsor/guardian (individual or an entity) to be chosen as part of the procedure to hold 51% of the claims. There are no restrictions on the number of visas obtained on a mainland license, it only depends on the office space and size. The shareholder must be physically present to establish the firm and obtain visas. This is the investor decides which business model will be adopted, B2B or B2C.
Free Zone
Dubai alone has around 30 free zones that focus on specialized commercial operations. These areas are designated jurisdictions that concentrate on particular or pre-defined commercial activity.
One of the biggest advantages is that the free zone is a special economic area where an investor has special tax fee status. Business owners can have 100% business ownership. In addition, several tax advantages and 100% repatriation bring a lot of investors. There are no currency regulations and it is allowed to do business within the jurisdiction of the particular free zone and outside the UAE
Offshore
One of the most popular destinations as an offshore company is JAFZA. The biggest benefit offered by offshore destinations is minimal or no level of taxes. The company does not operate inside the country in which it is incorporated.
United Kingdom
The UK is the largest financial center in the world with tens of thousands of foreign-controlled companies that benefit from high-quality services, a favorable tax regime, and a network of double tax treaties.
​
Great Britain as a European country can be used as a window to the world - it is a location whose skillful use allows you to obtain a low and effective income tax rate. In addition, Great Britain introduced the highest VAT exemption limit in the EU - up to approx. EUR 90,000.
​
The UK can host many types of businesses while ensuring a good brand image. Good business management and proper accounting will allow you to achieve maximum profits.
Bulgaria
Bulgaria is a country located in south-eastern Europe with the capital in Sofia. It has been a member of NATO since 2004, and of the European Union since 2007. As a consequence of the very low tax rates and additional facilities for investors offered by Bulgaria, it is a real alternative to Western European countries, which have much more restrictive regulations in the field of company registration. Competitive prices on the labor market are also tempting. The partner and director of the company do not have to be citizens or residents of Bulgaria.
Czech Republic
Establishing a company in the Czech Republic brings many benefits. These include, above all, extremely uncomplicated tax settlements. The rate is fixed and amounts to 19% for companies, and 15% and 22% for natural persons. To set up a company in the Czech Republic, it must have a Czech address (a virtual office is accepted), but it is not necessary to reside in this country. So you can have a company registered in the Czech Republic but live (and work) in another country. In the Czech Republic, offices are friendly to entrepreneurs and the tax system assumes the presumption of innocence of the entrepreneur.
Republic of Cyprus
Cyprus is a country located on an island in the eastern part of the Mediterranean Sea, which is the intersection of the trade routes of Europe, Asia and Africa. Cyprus belongs to the European Union. Among the EU Member States, Cyprus is one of the most favorable countries for tax planning. Running a company in Cyprus, after meeting certain conditions, may turn out to be the best solution for tax residents of other countries. Doing business in Cyprus also means investment security and a high standard of specialist services. A company in Cyprus is also tax optimization at a high level.
Hong Kong
Hong Kong is a special administrative region of the People's Republic of China, which has decided to leave Hong Kong autonomous until 2047. Hong Kong is one of the largest financial centers in the world. It is also the largest port in the world. According to many indicators, it is one of the fastest growing economies in the world. Hong Kong taxes and the related tax system is quite simple. It is based on the principle of territoriality, which means that a company that earns profits from sales or services outside of Hong Kong is generally not subject to income tax. Hong Kong is linked to the People's Republic of China, Belgium, Luxembourg, Thailand, the United Kingdom, the UAE, Switzerland, Portugal, New Zealand, Malta, the Czech Republic and France by favorable double tax treaties. A company registered in Hong Kong may therefore be a convenient instrument for brokering trade between the European Union and the People's Republic of China. The Hong Kong company can also be used as a holding entity for European capital investments in China.
Lithuania
Lithuania is a country located in the north, belonging to the so-called group of Baltic states. Lithuania has a favorable tax system, competitive tax rates, CIT is 5%. reduced CIT rate applies to certain agricultural companies and small enterprises, if, among others:
​
a) their number of employees does not exceed 10 i
b) annual income does not exceed EUR 300,000.
​
In the case of economic zones, CIT is 0% for the first six years, and then 7.5% for the next 10 years. Moreover, Lithuania is moving up in international rankings thanks to its fast VAT refund procedure, simplified CIT audit procedure, and simplified administration and bureaucracy during control procedures thanks to the introduction of the i.MAS electronic tax administration system.
Serbia
Serbia is a country with its capital in Belgrade, which is a very dynamically developing city, where tradition meets modernity. Thanks to its convenient location on the map, in the heart of South-Eastern Europe, it connects business from the west and east of the Old Continent. It should also be noted that there are special economic zones in Serbia (e.g. in Subotica or Novi Sad). Entrepreneurs in these zones are exempt from VAT and do not have to pay customs duties on production materials imported into the country. All documentation can be handled in one facility because each zone has its own customs chamber branch to speed up the procedures. Serbia has low employment costs and a favorable tax system.
Poland
The Polish economy is one of the most promising in terms of investment in Europe. Geographical location, stable economy, highly developed infrastructure and a friendly approach to business make it a very attractive place for investors from all over the world. Thanks to access to the sea and having ports, the country has favorable conditions for imports and exports.
Poland has been a member of the European Union for many years, and due to its geographical location and rich history, it is an expert in combining the interests of the East and the West. It is a great place to do business with post-Soviet countries.
One of the attractive business conditions is moderate taxation compared to other European countries. Foreigners are able to open a company in Poland under the same conditions as its citizens.