naoisegolden/chatgpt-4-output.md

## chatgpt-4-output.md

      
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              chatgpt-4-output.md
            
          
    Here's a comparison table for establishing a small limited liability company in Spain, Ireland, and Estonia:


Country
Taxes
Establishing Costs
Recurring Costs
Minimum Employee Structure
Employment Status of the Sole Shareholder and Administrator


Spain
Corporate tax rate is generally 25%
€1,500 for the preparation of all documents and approximately €500 for the notary, the registration, and the activation of the company. The minimum share capital for a Limited Liability Company (LLC) is €3,000
Between €3,000 and €5,000 should be calculated
Requires at least one shareholder. The company must appoint an administrator
Normally, the figure of Administrator is not a figure to which a fixed remuneration is assigned, but a salary can be established if desired


Ireland
Two tax rates: 12.5% for trading income and 25% for expected trades and non-trading income
The average total fees per Ireland business formation engagement amounts to €15,930
Annual company costs in Year 2 and thereafter amount to €1,955
Need stakeholders (director, company secretary, and shareholders). Every Irish business must employ a minimum of one director who is a member of the EEA
All directors, executive or non-executive, have the same obligations and duties


Estonia
Offers 0% corporate income tax on retained and reinvested profits. The corporate income tax rate is 14% to 20% on distributed profits
State fees may be €265 or €200, depending if you do it electronically or via notary. There is no statutory requirement for a minimum share capital
The cost for a legal address & contact person is between €200 - €400 per year
Required to have at least one shareholder. Private limited companies in Estonia are also legally required to have a management board
There are no specific costs associated with being a sole shareholder and administrator in Estonia


Please note that these are general guidelines and the exact details may vary depending on the specifics of your business. It's always a good idea to consult with a legal expert when setting up a business in a new country.
Country	Taxes	Establishing Costs	Recurring Costs	Minimum Employee Structure	Employment Status of the Sole Shareholder and Administrator
Spain	Corporate tax rate is generally 25%	€1,500 for the preparation of all documents and approximately €500 for the notary, the registration, and the activation of the company. The minimum share capital for a Limited Liability Company (LLC) is €3,000	Between €3,000 and €5,000 should be calculated	Requires at least one shareholder. The company must appoint an administrator	Normally, the figure of Administrator is not a figure to which a fixed remuneration is assigned, but a salary can be established if desired
Ireland	Two tax rates: 12.5% for trading income and 25% for expected trades and non-trading income	The average total fees per Ireland business formation engagement amounts to €15,930	Annual company costs in Year 2 and thereafter amount to €1,955	Need stakeholders (director, company secretary, and shareholders). Every Irish business must employ a minimum of one director who is a member of the EEA	All directors, executive or non-executive, have the same obligations and duties
Estonia	Offers 0% corporate income tax on retained and reinvested profits. The corporate income tax rate is 14% to 20% on distributed profits	State fees may be €265 or €200, depending if you do it electronically or via notary. There is no statutory requirement for a minimum share capital	The cost for a legal address & contact person is between €200 - €400 per year	Required to have at least one shareholder. Private limited companies in Estonia are also legally required to have a management board	There are no specific costs associated with being a sole shareholder and administrator in Estonia