Photo by Blake Wisz on Unsplash
Tax rates and advantages and disadvantages of countries supported by Stripe
| English Name | Tax Rate | Advantages | Disadvantages |
|---|---|---|---|
| Australia | 30% (small businesses 25%) | Stable economic environment, highly developed infrastructure | High cost of living, complex tax compliance requirements |
| Austria | 25% | Central European location, high quality of life and education system | High tax burden, cumbersome administrative procedures |
| Belgium | 25% | Sound economy, multilingual environment | High tax rates and social security costs, complex tax system |
| Brazil | about 34% | Large market potential, rich resources | Complex tax system, challenging business environment |
| Bulgaria | 10% | Low corporate tax rate, relatively low costs | Slow economic development, infrastructure needs improvement |
| Canada | about 15%-30% | Stable political and economic environment, multicultural | High cost of living and tax burden |
| Croatia | 18% (small businesses 12%) | EU member, beautiful natural environment | Low administrative efficiency |
| Cyprus | 12.5% | Low tax policies attracting foreign investment, widespread English | Political instability risk |
| Czech Republic | 19% | Central European location, ample technical talent | Competitive labor market |
| Denmark | about 22% | High quality of life and social welfare system | High tax burden and cost of living |
| Estonia | Undistributed profits are tax-free, 20% when distributed | High level of digitization, innovation-friendly environment | Small market size |
| Finland | about 20% | Highly developed education system and technical infrastructure | High cost of living |
| France | about 25% | Large market, government support for innovation and R&D activities | Complex and heavy tax burden |
| Germany | about 30% | Europe’s largest economy, leader in technological innovation | High wage costs |
| Ghana | about 25% | Great potential for economic growth, strong market openness | Insufficient infrastructure |
| Gibraltar | about 10% | Low corporate tax rate policy attracting foreign investment | High cost of living and limited market size |
| Greece | about 22% | High quality of life and developed tourism industry | Political and economic instability risk |
| Hong Kong | 16.5% | Simplified tax system, no VAT | Intense market competition, certain restrictions on foreign enterprises |
| Hungary | 9% | Lowest corporate tax rate in Europe, attracting foreign investment | Cumbersome administrative procedures, unstable labor market |
| India | about 25%-30% | Large market potential, rich technical talent | Complex tax system, high compliance requirements |
| Indonesia | about 22% | Great potential in emerging markets, large consumer base | Insufficient infrastructure, challenging business environment |
| Ireland | 12.5% | Low tax policies attracting foreign investment, concentration of high-tech industries | High cost of living, intense market competition |
| Italy | about 24% | Large market and rich talent pool | High tax burden, low administrative efficiency |
| Japan | about 23.2% | Technologically advanced and large consumer base | High market entry barriers, intense competition |
| Kenya | about 30% | Great potential in emerging markets, large young population | Insufficient infrastructure, challenging business environment |
| Latvia | 20% | EU member, trade convenience | Small market size, relatively slow economic development |
| Liechtenstein | 12.5% | Favorable tax system and stable political environment | Small market size |
| Lithuania | 15% | Growing tech industry, multicultural | Cumbersome administrative procedures |
| Luxembourg | about 24.94% | Favorable policies attracting foreign investment | High cost of living |
| Malaysia | about 24% | Great potential in emerging markets, friendly investment environment | Legal and compliance requirements are relatively complex |
| Malta | 35% (can actually be reduced to 5%) | Low effective tax rate attracting foreign investment, no dividend tax, simplified company establishment process | High cost of company establishment, must meet certain conditions to enjoy low tax rates |
| Mexico | 28% | Large market potential, advantageous geographical location | Complex tax system, cumbersome administrative procedures |
| Netherlands | 20% (small businesses 25.8%) | Open business environment, good infrastructure | High cost of living |
| New Zealand | 28% | Stable economic environment, highly developed infrastructure | High cost of living |
| Nigeria | about 30% | Great potential in emerging markets, large young population | Insufficient infrastructure, challenging business environment |
| Norway | 22% | High quality of life and social welfare system | High tax burden |
| Poland | 19% | EU member, trade convenience | Cumbersome administrative procedures |
| Portugal | 12.5%-27.5% | Active innovation policies and attractiveness to foreign investment | High cost of living |
| Romania | 16% | EU member, large market potential | Low administrative efficiency |
| Singapore | 17% | Stable economic environment, low tax rate attracting foreign investment | Intense market competition, high cost of living |
| Slovakia | 21% | EU member, trade convenience | Cumbersome administrative procedures, small market size |
| Slovenia | 19% | Stable economic environment, good quality of life | High tax burden and cost of living |
| South Africa | about 28% | Great market potential, rich resources | High tax compliance requirements, political risk |
| Spain | about 25% | Large market, government support for innovation and R&D activities | Complex and heavy tax burden |
| Sweden | about 22% | High quality of life and social welfare system | High tax burden |
| Switzerland | about 15%-24% | Stable economic environment, attracting foreign investment | High cost of living, complex tax system |
| Thailand | 20% | Great potential in emerging markets, developed tourism industry | Cumbersome administrative procedures, insufficient infrastructure |
| United Arab Emirates | 0% | No corporate tax, attracting foreign investment | Intense market competition, reliant on oil economy |
| United Kingdom | 19% | Stable legal environment, good business infrastructure | Increased market uncertainty after Brexit |
| United States | about 21% (federal tax) | Large market, leader in technological innovation | Complex tax system, significant differences in tax rates between states |