Company formation costs compared

The real cost of a company around the world

Every fee, ranked.

Cheapest year 1 price£99New Mexico, USA
Cheapest in Europe£130Georgia
Cheapest in Asia-Pacific£390India
Fully remote, no local director27of 44 jurisdictions

44 of 44 jurisdictions

Minimum, year 1Typical year 1
  1. 1US-NMNew Mexico, USALLC
    £99 min£769 typical
    Tax21%
    Ease
    Banking
  2. 2GEGeorgiaLLC
    £130 min£1,030 typical
    Tax15%
    Ease
    Banking
  3. 3BGBulgariaEOOD / OOD
    £155 min£1,310 typical
    Tax10%
    Ease
    Banking
  4. 4US-WYWyoming, USALLC
    £164 min£809 typical
    Tax21%
    Ease
    Banking
  5. 5GBUnited KingdomPrivate limited company (Ltd)
    £170 min£1,585 typical
    Tax25%
    Ease
    Banking
  6. 6PLPolandsp. z o.o.
    £230 min£2,000 typical
    Tax19%
    Ease
    Banking
  7. 7RORomaniaSRL
    £250 min£1,550 typical
    Tax16%
    Ease
    Banking
  8. 8US-FLFlorida, USALLC
    £283 min£1,063 typical
    Tax21%
    Ease
    Banking
  9. 9US-TXTexas, USALLC
    £311 min£1,091 typical
    Tax21%
    Ease
    Banking
  10. 10LTLithuaniaUAB
    £320 min£1,735 typical
    Tax17%
    Ease
    Banking
  11. 11ESSpainSociedad Limitada (SL)
    £330 min£2,288 typical
    Tax25%
    Ease
    Banking
  12. 12CZCzech Republics.r.o.
    £334 min£2,064 typical
    Tax21%
    Ease
    Banking
  13. 13LVLatviaSIA
    £349 min£1,669 typical
    Tax20%
    Ease
    Banking
  14. 14INIndiaPrivate limited company
    £390 min£3,225 typical
    Tax25.2%
    Ease
    Banking
  15. 15US-DEDelaware, USALLC (or C-Corp for VC funding)
    £475 min£1,455 typical
    Tax21%
    Ease
    Banking
  16. 16FRFranceSAS / SASU
    £505 min£3,175 typical
    Tax25%
    Ease
    Banking
  17. 17CA-ONCanada (Ontario)Corporation
    £515 min£2,678 typical
    Tax26.5%
    Ease
    Banking
  18. 18HUHungaryKft
    £560 min£2,285 typical
    Tax9%
    Ease
    Banking
  19. 19DEGermanyGmbH (or UG from €1)
    £564 min£3,819 typical
    Tax30%
    Ease
    Banking
  20. 20EEEstoniaPrivate limited company (OÜ)
    £573 min£1,786 typical
    Tax22%
    Ease
    Banking
  21. 21US-NVNevada, USALLC
    £677 min£1,457 typical
    Tax21%
    Ease
    Banking
  22. 22IEIrelandPrivate company limited by shares (LTD)
    £810 min£4,185 typical
    Tax12.5%
    Ease
    Banking
  23. 23NLNetherlandsPrivate limited company (BV)
    £840 min£3,205 typical
    Tax25.8%
    Ease
    Banking
  24. 24SCSeychellesInternational Business Company (IBC)
    £960 min£1,705 typical
    Tax0%
    Ease
    Banking
  25. 25BZBelizeCompany (former IBC)
    £980 min£1,560 typical
    Tax0%
    Ease
    Banking
  26. 26GIGibraltarPrivate limited company
    £1,430 min£3,515 typical
    Tax15%
    Ease
    Banking
  27. 27PTPortugalLda
    £1,670 min£3,120 typical
    Tax19%
    Ease
    Banking
  28. 28IMIsle of Man1931 Act or 2006 Act company
    £1,680 min£3,580 typical
    Tax0%
    Ease
    Banking
  29. 29VGBritish Virgin IslandsBVI Business Company
    £1,735 min£2,440 typical
    Tax0%
    Ease
    Banking
  30. 30HKHong KongPrivate limited company
    £1,830 min£3,580 typical
    Tax16.5%
    Ease
    Banking
  31. 31SGSingaporePrivate limited (Pte Ltd)
    £2,068 min£4,613 typical
    Tax17%
    Ease
    Banking
  32. 32NZNew ZealandLimited company
    £2,094 min£5,244 typical
    Tax28%
    Ease
    Banking
  33. 33CYCyprusPrivate limited company (Ltd)
    £2,257 min£4,232 typical
    Tax15%
    Ease
    Banking
  34. 34AUAustraliaProprietary limited (Pty Ltd)
    £2,475 min£5,825 typical
    Tax30%
    Ease
    Banking
  35. 35MTMaltaPrivate limited company (Ltd)
    £2,695 min£5,653 typical
    Tax35%
    Ease
    Banking
  36. 36CHSwitzerlandGmbH / Sàrl
    £2,790 min£9,180 typical
    Tax14%
    Ease
    Banking
  37. 37AE-RAKUAE (RAK ICC offshore)RAK ICC company
    £3,050 min£3,840 typical
    Tax0%
    Ease
    Banking
  38. 38AE-FZUAE (free zone)Free zone LLC / FZCO
    £3,100 min£9,000 typical
    Tax9%
    Ease
    Banking
  39. 39LULuxembourgSARL (or SARL-S from €1)
    £3,152 min£7,682 typical
    Tax23.9%
    Ease
    Banking
  40. 40KYCayman IslandsExempted company
    £3,260 min£4,830 typical
    Tax0%
    Ease
    Banking
  41. 41MY-LBLabuan, MalaysiaLabuan company
    £4,285 min£10,213 typical
    Tax3%
    Ease
    Banking
  42. 42SASaudi ArabiaLLC (100% foreign via MISA licence)
    £8,560 min£17,560 typical
    Tax20%
    Ease
    Banking
  43. 43MUMauritiusGlobal Business Company (GBC)
    £9,190 min£13,770 typical
    Tax15%
    Ease
    Banking
  44. 44AE-DXBUAE (Dubai mainland)Mainland LLC
    £9,650 min£21,350 typical
    Tax9%
    Ease
    Banking

Amounts converted at ECB reference rates (£1 = €1.20 = $1.34); local amounts on each jurisdiction's page. Legal 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.

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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