Cheapest country in Europe to start a business

picolo

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Quote from: Atdhe on December 07, 2014, 10:27:59 PM

They can devaluate the currency, if they abandon the peg or devalaute the exchange rate. It hapened in Argentina and many other countries. Problem of Bulgary is that they donot revalue I guess. It is maybe great for taxes, but ppl arevery poor there.

Generally doing online business starts with offshore comapny and no taxes at all. It does not matter where the person is. If your biz is 100% online, there is no need to pay taxes. But good shell structure of firms must be chosen. It is not so expensive. The most expensive are then fees from banks that cooperate in this "tax evasion".

We don't know if he wants to start a 100% online business, maybe he wants to sell real goods. Maybe he is thinking about opening a cloud-mining service to enjoy a portion of all the money to be made cloud mining.

Soha

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185usd/day Money making guide check my signature!

USA or Canada may be Roll Eyes

I see many opportunities there.

Atdhe

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Atdhe Nuhiu

They can devaluate the currency, if they abandon the peg or devalaute the exchange rate. It hapened in Argentina and many other countries. Problem of Bulgary is that they donot revalue I guess. It is maybe great for taxes, but ppl arevery poor there.

Generally doing online business starts with offshore comapny and no taxes at all. It does not matter where the person is. If your biz is 100% online, there is no need to pay taxes. But good shell structure of firms must be chosen. It is not so expensive. The most expensive are then fees from banks that cooperate in this "tax evasion".

picolo

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Quote from: Atdhe on December 06, 2014, 03:47:14 AM

Quote from: El Emperador on December 05, 2014, 10:27:03 AM

I recommend you to avoid €-based countries, because there are too many taxations here, the consumption is declining and the economy is stagnant.

Anyway, there are many European countries which don't use EUR as currency and are very interesting to start a business there.
First of all, I'd like to mention Bulgaria, a nice place where the taxes are really low.
Then you may consider some tax havens nearby the UK, like Isle of Man, Jersey and Guernsey.

Which business are you planning to start here in Europe?

- European countries without Euro have sometimes even more complicated tax systems; e.g. Serbia, Croatia, Hungary, Czech vs. Slovakia (is in EUR zone)

- Bulgaria defacto has Euro; Bulgarian lev is pegged to DM and then EUR for 15 years!!! 1 EUR = 1.95583 BGN. The country gave up monetary policy and it is often mentioned that this helped them.

At least they cannot devaluate their currency but the ECB can devaluate Euro. Euro has been depreciating for months now.

If you are doing an online business and you need developers you should go where you can have the developers to grow your business or you could go where you have low taxes and hire developers that are somewhere else.

Atdhe

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Quote from: Candystripes on December 05, 2014, 03:52:33 PM

If anything move to California, low taxes, and a great place to start a business.

another funny thread

Atdhe

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Quote from: El Emperador on December 05, 2014, 10:27:03 AM

I recommend you to avoid €-based countries, because there are too many taxations here, the consumption is declining and the economy is stagnant.

Anyway, there are many European countries which don't use EUR as currency and are very interesting to start a business there.
First of all, I'd like to mention Bulgaria, a nice place where the taxes are really low.
Then you may consider some tax havens nearby the UK, like Isle of Man, Jersey and Guernsey.

Which business are you planning to start here in Europe?

- European countries without Euro have sometimes even more complicated tax systems; e.g. Serbia, Croatia, Hungary, Czech vs. Slovakia (is in EUR zone)

- Bulgaria defacto has Euro; Bulgarian lev is pegged to DM and then EUR for 15 years!!! 1 EUR = 1.95583 BGN. The country gave up monetary policy and it is often mentioned that this helped them.

picolo

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Quote from: Candystripes on December 05, 2014, 03:52:33 PM

If anything move to California, low taxes, and a great place to start a business.

Low taxes in California?? HAHAHA

Candystripes

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If anything move to California, low taxes, and a great place to start a business.

El Emperador

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I recommend you to avoid €-based countries, because there are too many taxations here, the consumption is declining and the economy is stagnant.

Anyway, there are many European countries which don't use EUR as currency and are very interesting to start a business there.
First of all, I'd like to mention Bulgaria, a nice place where the taxes are really low.
Then you may consider some tax havens nearby the UK, like Isle of Man, Jersey and Guernsey.

Which business are you planning to start here in Europe?

Atdhe

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Atdhe Nuhiu

Quote from: hgerson on August 21, 2014, 07:37:28 PM

What is cheapest country in Europe to start a business?

And where do you pay less taxes?

Only Monaco and Vatican have official 0% income tax in Europe. But everywhere you can adjust the system to zero, if you use offshore companies.

aqua22

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Not sure about the cost exactly but some of the "controversial" businesses and small ones are located in Slovakia, Not sure if this is just due to easier rules for some industries or because there taxes/costs are reasonable for small businesses.

Candystripes

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Quote from: Lethn on August 22, 2014, 01:00:12 AM

LOL!

I thought about Canada, it's a bit too close to the U.S for my liking though as for the weather winter is coming now so I'm a lot happier with it being cold again.

Canada's taxes are definitely not low.

OP: I'd say Belgium, extremely low tax rates Grin

picolo

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Quote from: Daniel91 on November 21, 2014, 03:02:03 PM

I think that right now Albania and Kosovo are the cheapest countries in Europe to start a business.
Of course, this 2 countries have their own problems, specially Kosovo (not fully recognized as independent country), a lot corruption and economic problems but if you can find some good business or political connection there, I guess that you can build good business there.

Albania and Kosovo are not part of the European Union so you can't access the EU market as easily as if you are based in a EU state.

hyipplus

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How about France ? Selling perfume may be

Ghris

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If you are willing to check outside europe, I hear there are a lot of entrepreneurs in Thailand...

HeroCat

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I think the cheapest country in Europe would be either Romania or Albania, firstly just try to travel over there and look - how all is going there Grin

gabol1

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but i would agree that Albania is very cheap to start business

gabol1

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Not Slovenia!!!

Daniel91

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I think that right now Albania and Kosovo are the cheapest countries in Europe to start a business.
Of course, this 2 countries have their own problems, specially Kosovo (not fully recognized as independent country), a lot corruption and economic problems but if you can find some good business or political connection there, I guess that you can build good business there.

picolo

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Quote from: Ryze on November 14, 2014, 09:43:29 PM

wouldnt you just move to the poorest country? i mean besides eu though.

Maybe he wants a country that has skilled labor and infrastructures

Topic: Cheapest country in Europe to start a business (Read 7678 times)