I can make a case for Bulgaria. The corporate tax is 10% and the insurance tax is about ~ 50 to 80 EUR/month (can't recall exactly). If you pay dividends it's an additional 5%.
Banking service is rather poor, although they tend to reply via email in 24h. Finding an accountant that does speaks/writes English properly and reply on a timely manner can be a challenge but it's not impossible, especially in Sofia. On the other hand, in other cities you could get an accountant for 1/10th of the cost.
The major benefit is that the legislation is stable which is a big plus. Requirements for opening bank accounts are pretty loose compare to most other European states, although account expenses are considerably higher to neighbour states - but still we're talking ~ 120 USD/year. Starting a business is easy and rather straight forward. Most official documents (like company statute) come in PDF with official (reckoned by the BG state) digital signature on them. As long as you pay your taxes, mail your invoices to your accountant, etc. You're good to go even if you live in Alaska.
Banking service is rather poor, although they tend to reply via email in 24h. Finding an accountant that does speaks/writes English properly and reply on a timely manner can be a challenge but it's not impossible, especially in Sofia. On the other hand, in other cities you could get an accountant for 1/10th of the cost.
The major benefit is that the legislation is stable which is a big plus. Requirements for opening bank accounts are pretty loose compare to most other European states, although account expenses are considerably higher to neighbour states - but still we're talking ~ 120 USD/year. Starting a business is easy and rather straight forward. Most official documents (like company statute) come in PDF with official (reckoned by the BG state) digital signature on them. As long as you pay your taxes, mail your invoices to your accountant, etc. You're good to go even if you live in Alaska.