Company formation costs compared

The real cost of incorporating a company around the world

Every fee, ranked.

Cheapest year 1 price£113New Mexico, USA
Cheapest in Europe£114Bulgaria
Cheapest in Asia-Pacific£302India
Fully remote, no local director27of 44 jurisdictions

44 of 44 jurisdictions

Minimum, year 1Typical year 1
  1. 1US-NMNew Mexico, USALLC
    £113 min£726 typical
    Tax21%
    Ease
    Banking
  2. 2BGBulgariaEOOD / OOD
    £114 min£1,744 typical
    Tax10%
    Ease
    Banking
  3. 3GEGeorgiaLLC
    £125 min£1,278 typical
    Tax15%
    Ease
    Banking
  4. 4PLPolandsp. z o.o.
    £142 min£2,387 typical
    Tax19%
    Ease
    Banking
  5. 5US-WYWyoming, USALLC
    £144 min£742 typical
    Tax21%
    Ease
    Banking
  6. 6LVLatviaSIA
    £147 min£1,785 typical
    Tax20%
    Ease
    Banking
  7. 7RORomaniaSRL
    £150 min£1,350 typical
    Tax16%
    Ease
    Banking
  8. 8GBUnited KingdomPrivate limited company (Ltd)
    £170 min£1,510 typical
    Tax25%
    Ease
    Banking
  9. 9CZCzech Republics.r.o.
    £209 min£1,887 typical
    Tax21%
    Ease
    Banking
  10. 10LTLithuaniaUAB
    £220 min£1,535 typical
    Tax17%
    Ease
    Banking
  11. 11US-FLFlorida, USALLC
    £238 min£887 typical
    Tax21%
    Ease
    Banking
  12. 12US-TXTexas, USALLC
    £271 min£956 typical
    Tax21%
    Ease
    Banking
  13. 13INIndiaPrivate limited company
    £302 min£2,006 typical
    Tax25.2%
    Ease
    Banking
  14. 14CA-ONCanada (Ontario)Corporation
    £303 min£2,006 typical
    Tax26.5%
    Ease
    Banking
  15. 15US-NVNevada, USALLC
    £367 min£1,052 typical
    Tax21%
    Ease
    Banking
  16. 16US-DEDelaware, USALLC (or C-Corp for VC funding)
    £435 min£1,220 typical
    Tax21%
    Ease
    Banking
  17. 17EEEstoniaPrivate limited company (OÜ)
    £443 min£1,548 typical
    Tax22%
    Ease
    Banking
  18. 18DEGermanyGmbH (or UG from €1)
    £464 min£3,619 typical
    Tax30%
    Ease
    Banking
  19. 19FRFranceSAS / SASU
    £479 min£3,154 typical
    Tax25%
    Ease
    Banking
  20. 20ESSpainSociedad Limitada (SL)
    £503 min£2,569 typical
    Tax25%
    Ease
    Banking
  21. 21IEIrelandPrivate company limited by shares (LTD)
    £580 min£2,808 typical
    Tax12.5%
    Ease
    Banking
  22. 22SCSeychellesInternational Business Company (IBC)
    £600 min£825 typical
    Tax0%
    Ease
    Banking
  23. 23NLNetherlandsPrivate limited company (BV)
    £710 min£3,283 typical
    Tax25.8%
    Ease
    Banking
  24. 24BZBelizeCompany (former IBC)
    £750 min£1,048 typical
    Tax0%
    Ease
    Banking
  25. 25VGBritish Virgin IslandsBVI Business Company
    £925 min£1,533 typical
    Tax0%
    Ease
    Banking
  26. 26GIGibraltarPrivate limited company
    £930 min£2,515 typical
    Tax15%
    Ease
    Banking
  27. 27HUHungaryKft
    £931 min£3,204 typical
    Tax9%
    Ease
    Banking
  28. 28HKHong KongPrivate limited company
    £1,035 min£2,560 typical
    Tax16.5%
    Ease
    Banking
  29. 29MTMaltaPrivate limited company (Ltd)
    £1,065 min£5,160 typical
    Tax35%
    Ease
    Banking
  30. 30SGSingaporePrivate limited (Pte Ltd)
    £1,143 min£2,941 typical
    Tax17%
    Ease
    Banking
  31. 31NZNew ZealandLimited company
    £1,149 min£4,659 typical
    Tax28%
    Ease
    Banking
  32. 32AE-RAKUAE (RAK ICC offshore)RAK ICC company
    £1,160 min£1,878 typical
    Tax9%
    Ease
    Banking
  33. 33PTPortugalLda
    £1,440 min£2,640 typical
    Tax19%
    Ease
    Banking
  34. 34IMIsle of Man1931 Act or 2006 Act company
    £1,680 min£3,580 typical
    Tax0%
    Ease
    Banking
  35. 35CYCyprusPrivate limited company (Ltd)
    £1,957 min£3,732 typical
    Tax15%
    Ease
    Banking
  36. 36CHSwitzerlandGmbH / Sàrl
    £2,095 min£10,588 typical
    Tax14%
    Ease
    Banking
  37. 37AUAustraliaProprietary limited (Pty Ltd)
    £2,485 min£4,795 typical
    Tax30%
    Ease
    Banking
  38. 38AE-FZUAE (free zone)Free zone LLC / FZCO
    £2,800 min£5,375 typical
    Tax9%
    Ease
    Banking
  39. 39KYCayman IslandsExempted company
    £3,115 min£3,415 typical
    Tax0%
    Ease
    Banking
  40. 40MY-LBLabuan, MalaysiaLabuan company
    £4,285 min£10,213 typical
    Tax3%
    Ease
    Banking
  41. 41LULuxembourgSARL holding company (Soparfi)
    £4,398 min£9,356 typical
    Tax23.9%
    Ease
    Banking
  42. 42AE-DXBUAE (Dubai mainland)Mainland LLC
    £5,805 min£8,705 typical
    Tax9%
    Ease
    Banking
  43. 43SASaudi ArabiaLLC (100% foreign via MISA registration)
    £7,065 min£16,293 typical
    Tax20%
    Ease
    Banking
  44. 44MUMauritiusGlobal Business Company (GBC)
    £9,050 min£13,630 typical
    Tax15%
    Ease
    Banking

Amounts converted at £1 = €1.16 = $1.30; local amounts on each jurisdiction's page. Minimum counts only what the law requires, at the cheapest price, doing every filing yourself. Typical = government fee plus the midpoint of setup and running ranges, accountants included. Share capital excluded throughout. Ease and banking are scored 1 to 5 for a non-resident founder.

Popular comparisons

All 44 comparisons · All countries

Guides

How the numbers work

Indirect setupNotary, lawyer or formation agent, mandatory registered agent or address for the first year, nominee or resident director where the law requires one, translations, apostilles and ID cards like Estonian e-Residency.
Running costsAnnual government filings, accountant or bookkeeper, mandatory audit where it applies, registered agent, address and company secretary. Excludes payroll, insurance and office rent.
TaxHeadline rates only. Where a company is taxed depends on where it is managed and where the owners live.

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