Starting an online business in Europe depends on factors like ease of company registration, taxation, market access, and digital infrastructure.
1. Estonia
Pros:
• E-Residency program allows foreigners to start a business remotely.
• Low corporate tax (0% on retained earnings).
• Advanced digital infrastructure and online-friendly regulations.
Cons:
• Banking can be challenging for non-residents.
• High dividend tax (20%).
2. Ireland
Pros:
• Low corporate tax (12.5%).
• Access to EU and international markets.
• Strong startup ecosystem (Dublin is a tech hub).
Cons:
• High cost of living and office space.
• Complex VAT registration for international sales.
3. The Netherlands
Pros:
• Business-friendly regulations and strong legal system.
• Easy access to EU markets.
• Good tax benefits for startups (Innovatiebox, R&D tax credits).
Cons:
• High cost of living and labor.
• Bureaucracy can be complex for foreigners.
4. United Kingdom
Pros:
• Fast and cheap company registration (Limited company for ~£12).
• Strong digital economy and e-commerce market.
• No VAT registration required if turnover <£90,000.
Cons:
• Brexit impacts EU trade and logistics.
• Higher corporate tax (25% in 2024).
5. Portugal
Pros:
• Startup-friendly policies and digital nomad visa.
• Low living costs compared to Western Europe.
• Favorable tax incentives (NHR program for expats).
Cons:
• Bureaucratic procedures can be slow.
• VAT (23%) can be high for some businesses.
Final Choice?
• For remote-only business → Estonia (E-Residency)
• For international trade & tech startups → Ireland or Netherlands
• For digital agencies & freelancers → Portugal
• For easy company setup in English → UK
Credit : https://NSIT.group