The 10 Cheapest Countries to Incorporate in 2026

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.