Region
Europe
Established banking centres, EU substance requirements and broad treaty networks, onshore and offshore.
26 jurisdictions
Where we advise in Europe
Headline rates and formation times are indicative and they change. We confirm the current position for your matter.
| Jurisdiction | Classification | Headline corporate tax | Typical formation time |
|---|---|---|---|
| United Kingdom | Onshore | 25% | 1 to 2+ days |
| Ireland | Hybrid | 12.5% | 2 to 3+ weeks |
| Luxembourg | Onshore | 23.87% | 3 to 6+ weeks |
| Switzerland | Hybrid | 11.9 to 21% | 4 to 6+ weeks |
| Malta | Hybrid | 5% effective | 2 to 4+ weeks |
| Cyprus | Hybrid | 15% | 2 to 3+ weeks |
| Netherlands | Onshore | 25.8% | 2 to 4+ weeks |
| Germany | Onshore | ~30% | 3 to 6+ weeks |
| France | Onshore | 25% | 3 to 6+ weeks |
| Spain | Onshore | 25% | 3 to 5+ weeks |
| Portugal | Onshore | 19% | 3 to 5+ weeks |
| Italy | Onshore | 24% | 4 to 8+ weeks |
| Belgium | Onshore | 25% | 3 to 6+ weeks |
| Austria | Onshore | 23% | 3 to 6+ weeks |
| Denmark | Onshore | 22% | 2 to 4+ weeks |
| Sweden | Onshore | 20.6% | 2 to 4+ weeks |
| Norway | Onshore | 22% | 2 to 4+ weeks |
| Finland | Onshore | 20% | 2 to 4+ weeks |
| Poland | Onshore | 19% | 3 to 5+ weeks |
| Estonia | Hybrid | 0% retained | 1 to 2+ days |
| Liechtenstein | Hybrid | 12.5% | 3 to 5+ weeks |
| Gibraltar | Hybrid | 15% | 2 to 3+ weeks |
| Monaco | Hybrid | 25% (export exempt) | 4 to 8+ weeks |
| Isle of Man | Offshore | 0% | 2 to 3+ weeks |
| Jersey | Offshore | 0% | 2 to 4+ weeks |
| Guernsey | Offshore | 0% | 2 to 4+ weeks |
Classification
How we describe each jurisdiction
A broad label, not a recommendation. The right choice depends on where the owners live, where the business operates and where it will bank.
- Offshore3 in Europe
- Jurisdictions with no or low corporate income tax, typically used for holding, fund and trust vehicles. Economic substance and international reporting rules apply.
- Onshore15 in Europe
- Developed markets with full corporate tax, broad treaty networks and established courts, usually where a business has its operations, staff or customers.
- Hybrid8 in Europe
- Jurisdictions with moderate or territorial tax regimes, treaty access and local substance requirements, often used for regional operating or holding companies.
Other regions
Elsewhere
We do not give legal or tax advice in jurisdictions where we are not qualified to do so; where needed, we coordinate local counsel and tax advisers.
Fees agreed in writing before work begins. Where a bank or provider pays us for an introduction, we tell you before the introduction is made.
See also what we will not do and prohibited and restricted matters.
Next step
Which Europe jurisdiction fits your matter?
Tell us what the structure needs to do. A senior adviser will review it and tell you which jurisdictions could suit it, and why.