In search of tax optimization for 2024? Tax havens continue to attract investors, entrepreneurs and individuals from all over the world. But which are the most advantageous destinations? The team of experts at AND Capitalspecialisttax optimization in Andorrareveals its top 10.
Andorra, the pearl of the Pyrenees
Nestled between France and Spain, Andorra is a true tax haven, with one of the lowest income tax rates in Europe (10% maximum). Companies also benefit from a flat corporate tax rate of 10%, with possible exemptions for new structures. What's more, the absence of tax on dividends maximizes investors' gains.
Andorra has all the advantages you need to optimize your tax situation, whether for personal or business reasons. It's the ideal destination for a successful expatriation.
- The AND Capital team
Monaco, luxury and low taxes
It's impossible to talk about tax havens without mentioning Monaco. The Principality's appeal lies in the total absence of income tax for its residents and the absence of capital gains tax, a major advantage for stock market investors and entrepreneurs.
Malta, the island of many assets
With its advantageous tax regime for non-domiciled residents and tax credits on dividends, Malta has established itself as a prime Mediterranean destination. Its geographical location in the heart of Europe and its sunny lifestyle make it a popular destination for expatriates.
Singapore, the gateway to Asia
Singapore attracts entrepreneurs from all over the world thanks to its 17% corporate tax rate, complemented by numerous deductions and tax incentives. The absence of capital gains tax encourages investment and entrepreneurship.
United Arab Emirates, Dubai: zero taxation
No personal or corporate income tax (excluding the banking and oil sectors): Dubai and United Arab Emirates offer a tax environment that is unique in the world. A considerable asset for entrepreneurs and international investors.
Switzerland: stability and competitiveness
Renowned for its financial and political stability, the Switzerland is attractive for its highly competitive income tax rates, which vary from canton to canton. Its double taxation agreements also reduce the tax burden for international investors.
Hong Kong, Asia's financial center
With a corporate tax rate of 16.5% based on a territorial system and no tax on dividends and capital gains, Hong Kong offers an attractive tax environment for investors. Its strategic position in Asia makes it a privileged platform for business development.
Portugal: the RNH scheme
Visit non-habitual resident status (RNH) at Portugal offers new residents a tax exemption on foreign-source income for 10 years. Foreign retirees also benefit from a reduced rate of 10% on their pensions. Ideal conditions for enjoying the Portuguese way of life.
Cayman Islands: zero tax
With no income tax, no corporate income tax and no VAT, the Cayman Islands attract numerous multinationals and entrepreneurs. A tax haven that also appeals for its idyllic setting.
Ireland: a paradise for innovative companies
L'Ireland stands out for its corporate tax rate of 12.5% for active companies and its R&D tax credit. These advantages make it a leading technology hub, attracting numerous start-ups and innovative companies.
Optimizing your tax situation: the keys to success
To make a success of your expatriation for tax purposes, it's essential to carefully assess your needs and objectives. An analysis of your personal and professional situation will help you identify the most suitable destinations. Legal and regulatory aspects must also be taken into account, as well as quality of life considerations.
Every situation is unique. That's why we offer our customers tailor-made support, from analyzing their situation to implementing their tax optimization strategy.
- The AND Capital team
Whether you're an individual, an entrepreneur or an investor, tax expatriation can enable you to significantly optimize your situation. By choosing the right destination and surrounding yourself with the right partners, you can take full advantage of the benefits offered by these tax havens.
Are you considering expatriation for tax purposes or looking to optimize your tax situation? Make an appointment today with our experts to discuss your needs and find out how we can help make your project a success.
