Going Global

Today business world is a global competition. To fully utilize the global resources, we should all consider to setup companies in different jurisdictions. It can increase our competitiveness.

However, we should all be aware of the local compliance requirements as well in order to avoid any interruption to our business.

Let us know which country or jurisdiction you want to expand. We have partners worldwide to help your global expansion need.

Global Taxation Summary

Below is a summary of corporate tax, indirect tax and withholding tax globally.

JurisdictionsCorporate TaxIndirect TaxWithholding Tax
VAT
GST
Sales
DividendInterestRoyalty
Argentina30%21%35%35%31.5%
Australia30%10%30%10%30%
Austria25%20%27.5%27.5%20%
Belgium25%21%30%30%30%
Brazil34%Depends0%25%25%
Bulgaria10%20%5%10%10%
Canada15%5%25%25%25%
Chile27%19%35%35%30%
China25%13%10%10%10%
Colombia32%19%32%20%20%
Croatia18%25%20%20%20%
Cyprus12.5%19%0%0%10%
 Czech Republic19%21%35%35%35%
Denmark22%25%22%22%22%
Ecuador25%12%Depends25%35%
Egypt22.5%14%10%20%20%
Estonia20%20%0%0%10%
Finland20%24%20%0%20%
France31%20%28%0%28%
Germany15%19%25%25%15%
Gibraltar10%None0%0%0%
Greece24%24%5%15%20%
Hong Kong16.5%None0%0%16.5
Hungary9%27%000
Iceland20%24%20%12%22%
India40%28%20%40%20%
Indonesia22%10%20%20%20%
Ireland25%23%25%33%20%
Israel23%17%30%23%23%
Italy24%22%26%26%22.5%
Japan23.2%10%20%20%20%
Kazakhstan20%12%20%20%20%
Kenya30%14%10%25%20%
Latvia20%21%20%20%20%
Lithuania20%21%15%10%10%
Luxembourg17%17%15%0%0%
Malaysia24%10%0%15%10%
Malta35%18%0%0%0%
Mauritius15%15%0%15%15%
Mexico30%16%10%40%40%
Netherlands25%21%15%0%0%
New Zealand28%15%30%15%15%
 Norway22%25%25%0%0%
 Peru29.5%18%6.8%30%30%
Philippines30%12%30%20%30%
Poland19%23%19%20%20%
Portugal21%23%35%35%35%
Romania16%19%5%16%16%
Russia20%20%15%20%20%
Saudi Arabia20%5%5%5%15%
Singapore17%7%0%15%10%
Slovakia21%20%35%35%35%
Slovenia19%22%15%15%15%
South Africa28%15%20%15%15%
South Korea25%10%20%20%20%
Spain25%21%19%19%24%
Sweden21.4%25%30%0%0%
Switzerland8.5%7.7%35%35%0%
Taiwan20%5%21%20%20%
Thailand20%10%10%15%15%
Turkey22%18%15%10%20%
Ukraine18%20%15%15%15%
United Kingdom19%20%0%20%20%
United States21%Depends30%30%30%
Uruguay25%22%7%25%25%
Vietnam20%10%0%5%10%
All the numbers above are based on the percentage of the highest bracket.

Disclaimer

While every effort is made to ensure the accuracy of the information provided, we cannot guarantee this to be so and will not be held liable for any reliance placed on the same.