The 10 Cheapest Countries to Incorporate in 2026
Formation costs from £12 to $450 — ranked by actual Year 1 total cost, not just headline fees.
Everyone wants to know the cheapest place to incorporate. Here's the honest ranking by total Year 1 cost — not just the formation fee.
1. UK (Ltd) — £700–2,000 total. Formation: £12. Accountant: £500–1,500. Registered address: £50–200. The world's cheapest serious company.
2. USA (Wyoming LLC) — $200–500 total. Filing: $100. Registered agent: $50–200. EIN: free. No annual report in Year 1.
3. Estonia (OÜ) — €500–2,000 total. e-Residency: €120–160. Formation: €265. State fee: €25. Accounting: €100–200/month.
4. Georgia (LLC) — $200–500 total. Formation: $50–200. Among the cheapest in the world with 15% CT on distribution only.
5. Hong Kong (Ltd) — HKD 8,000–20,000 total. Registration: HKD 1,720. Company secretary: HKD 2,000–5,000.
6. Singapore (Pte Ltd) — SGD 2,000–5,000 total. Registration: SGD 315. Corporate secretary mandatory.
7. Ireland (Ltd) — €500–2,500 total. CRO fee: €50. Accountant: €400–1,500.
8. Bulgaria (EOOD) — €500–1,500 total. 10% flat CT — EU's lowest.
9. Romania (SRL) — €300–1,500 total. 1% micro-company regime on revenue.
10. BVI (BC) — $1,500–3,000 total. 0% tax but needs offshore banking.
Key insight: The cheapest to form (UK at £12) is often the cheapest to operate too. Don't assume offshore = cheap.
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This content is educational and does not constitute legal or tax advice. Always consult a qualified professional for your specific situation. Data last verified March 2026.