Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Zero taxes for startups in Albania

digjitale.com

Post reply on HN
Print view View original

1–10 of 43 posts

Re: Zero taxes for startups in Albania

#2

Post by jdimov10 »

If your revenues are less than 38K Euro, no matter where in the world you are, you're not a start-up - you're a mom & pop shop that likely isn't going anywhere, in terms of growth.

Which is still a great incentive for those business owners, but the title is misleading. This isn't about start-ups.

Re: Zero taxes for startups in Albania

#4

Post by [deleted] »

jdimov10 wrote: post #2

If your revenues are less than 38K Euro, no matter where in the world you are, you're not a start-up - you're a mom & pop shop that likely isn't going anywhere, in terms of growth. Which is still a great incentive for those business owners, but the title is misleading. This isn't about start-ups.

[deleted]

Re: Zero taxes for startups in Albania

#6

Post by s3nnyy »

gozo wrote: post #5

Not that anyone would actually want to have a company in Albania, unless they had to. Bulgaria, Cyprus, Estonia, Gibraltar, Malta etc. are good options in Europe.

Switzerland is also good. Very low taxes, high living standard, well-educated workforce, rule of law etc. Read my story here: "Eight reasons why I moved to Switzerland": https://medium.com/@iwaninzurich/eight-reasons-why-i-moved-t... - If you are interested in coming to Switzerland, just shoot me a mail.

Re: Zero taxes for startups in Albania

#7

Post by StavrosK »

s3nnyy wrote: post #6
gozo wrote: post #5

Not that anyone would actually want to have a company in Albania, unless they had to. Bulgaria, Cyprus, Estonia, Gibraltar, Malta etc. are good options in Europe.

Switzerland is also good. Very low taxes, high living standard, well-educated workforce, rule of law etc. Read my story here: "Eight reasons why I moved to Switzerland": https://medium.com/@iwaninzurich/eight-reasons-why-i-moved-t... - If you are interested in coming to Switzerland, just shoot me a mail.

Super high cost of living too, though.

Re: Zero taxes for startups in Albania

#8

Post by winter_blue »

Startups and small businesses in the United States organized as "S corporations" also pay zero taxes, and the qualification rules are a lot more permissive.

To be a United States S corp the rules are:

1) Number of shareholders 2) All shareholders are humans and U.S. residents

3) There is only one class of stock

For more, see: https://en.wikipedia.org/wiki/S_corporation

Re: Zero taxes for startups in Albania

#9

Post by Hermel »

winter_blue wrote: post #8

Startups and small businesses in the United States organized as "S corporations" also pay zero taxes, and the qualification rules are a lot more permissive. To be a United States S corp the rules are: 1) Number of shareholders 2) All shareholders are humans and U.S. residents 3) There is only one class of stock For more, see: https://en.wikipedia.org/wiki/S_corporation

> Instead, the corporation's income or losses are divided among and passed through to its shareholders. The shareholders must then report the income or loss on their own individual income tax returns.

That's not what I imagine when reading "zero taxes".

Post reply on HN