#1 Best pick
Ireland — General Partnership
General Partnership
Net profit
$149,978
Effective rate
0.0%
A business model focused on providing user interface and user experience design services to clients globally. Often operates remotely, requiring easy cross-border invoicing, intellectual property protection, and low administrative overhead.
Modeled revenue: $150,000/year · 107 formation guides available
Expert tip
Focus on jurisdictions with strong IP laws and favorable tax treatments for digital services. Consider Estonia for 0% corporate tax on retained profits if you plan to reinvest in agency growth, or a US LLC for seamless invoicing with North American tech clients.
Ranked by fit for this business model and net profit at average revenue.
#1 Best pick
General Partnership
Net profit
$149,978
Effective rate
0.0%
#2
LLC
Net profit
$149,960
Effective rate
0.0%
#3
Sole Proprietorship
Net profit
$149,900
Effective rate
0.1%
#4
LP
Net profit
$149,893
Effective rate
0.1%
#5
Limited Partnership
Net profit
$149,890
Effective rate
0.1%
All entity types ranked — highlighted rows are top recommendations for this model.
| Entity | Formation | Annual fee | Net profit | Effective rate |
|---|---|---|---|---|
Ireland General Partnership | $22 | $0 | $149,978 | 0.0% |
Georgia LLC | $40 | $0 | $149,960 | 0.0% |
Cyprus Sole Proprietorship | $100 | $0 | $149,900 | 0.1% |
Singapore LP | $85 | $22 | $149,893 | 0.1% |
Ireland Limited Partnership | $110 | $0 | $149,890 | 0.1% |
Singapore Sole Proprietorship | $89 | $23 | $149,888 | 0.1% |
Singapore LLP | $90 | $23 | $149,887 | 0.1% |
Cyprus General Partnership | $130 | $0 | $149,870 | 0.1% |
Canada Limited Partnership | $155 | $0 | $149,845 | 0.1% |
British Virgin Islands Micro Business Company | $100 | $100 | $149,800 | 0.1% |
United Kingdom LLP | $134 | $67 | $149,799 | 0.1% |
United Kingdom SLP | $127 | $140 | $149,733 | 0.2% |
United States LLC | $300 | $0 | $149,700 | 0.2% |
United States LLC | $110 | $300 | $149,590 | 0.3% |
British Virgin Islands Unlimited Company with Shares | $550 | $550 | $148,900 | 0.7% |
British Virgin Islands Unlimited Company | $550 | $550 | $148,900 | 0.7% |
British Virgin Islands Company Limited by Guarantee with Shares | $550 | $550 | $148,900 | 0.7% |
British Virgin Islands Company Limited by Guarantee | $550 | $550 | $148,900 | 0.7% |
British Virgin Islands Company Limited by Shares | $550 | $550 | $148,900 | 0.7% |
British Virgin Islands Limited Partnership | $750 | $750 | $148,500 | 1.0% |
Georgia IE | $10 | $0 | $148,490 | 1.0% |
Romania Representative Office | $1,200 | $1,200 | $147,600 | 1.6% |
British Virgin Islands Segregated Portfolio Company | $1,500 | $1,500 | $147,000 | 2.0% |
Georgia LLC | $74 | $0 | $142,426 | 5.0% |
British Virgin Islands Restricted Purpose Company | $7,500 | $7,500 | $135,000 | 10.0% |
Bulgaria EOOD | $30 | $16 | $134,954 | 10.0% |
Romania Sole Proprietorship | $50 | $0 | $134,950 | 10.0% |
United Arab Emirates IBC | $2,000 | $2,000 | $132,500 | 11.7% |
Ireland Branch | $58 | $17 | $131,175 | 12.6% |
Ireland Unlimited Company | $54 | $22 | $131,174 | 12.6% |
Ireland Designated Activity Company | $54 | $22 | $131,174 | 12.6% |
Ireland PLC | $55 | $22 | $131,173 | 12.6% |
Ireland Company Limited by Guarantee (CLG) | $58 | $23 | $131,169 | 12.6% |
Ireland LTD | $58 | $23 | $131,169 | 12.6% |
United Arab Emirates Sole Establishment | $3,500 | $3,000 | $130,000 | 13.3% |
United Arab Emirates Representative Office | $4,080 | $2,720 | $129,700 | 13.5% |
United Arab Emirates FZE | $3,500 | $3,500 | $129,500 | 13.7% |
United Arab Emirates FZCO | $3,500 | $3,500 | $129,500 | 13.7% |
United Arab Emirates LLC | $4,100 | $3,000 | $129,400 | 13.7% |
United Arab Emirates Civil Company | $5,500 | $3,500 | $127,500 | 15.0% |
Georgia Cooperative | $37 | $0 | $127,463 | 15.0% |
Georgia LLC | $37 | $0 | $127,463 | 15.0% |
Georgia LP | $38 | $0 | $127,462 | 15.0% |
Georgia JLC | $40 | $0 | $127,460 | 15.0% |
Georgia Branch | $75 | $0 | $127,425 | 15.0% |
Georgia JSC | $135 | $0 | $127,365 | 15.1% |
Cyprus Limited Partnership | $140 | $0 | $127,360 | 15.1% |
Cyprus Variable Capital Investment Company | $180 | $0 | $127,320 | 15.1% |
Cyprus Public Limited Company | $180 | $0 | $127,320 | 15.1% |
Switzerland AG | $1,000 | $0 | $127,250 | 15.2% |
Cyprus Company Limited by Guarantee | $265 | $22 | $127,213 | 15.2% |
Cyprus LTD | $380 | $22 | $127,098 | 15.3% |
Cyprus Branch | $410 | $22 | $127,068 | 15.3% |
Hong Kong General Partnership | $300 | $300 | $126,900 | 15.4% |
Hong Kong Sole Proprietorship | $301 | $301 | $126,898 | 15.4% |
Switzerland GmbH / Sàrl | $1,375 | $0 | $126,875 | 15.4% |
Hong Kong Limited Partnership | $345 | $301 | $126,854 | 15.4% |
Romania SRL | $30 | $0 | $125,970 | 16.0% |
Romania SCS | $35 | $0 | $125,965 | 16.0% |
Romania General Partnership | $50 | $0 | $125,950 | 16.0% |
Romania Branch Office | $50 | $0 | $125,950 | 16.0% |
Romania SA | $50 | $0 | $125,950 | 16.0% |
Romania SCA | $100 | $0 | $125,900 | 16.1% |
Hong Kong Limited Partnership Fund | $389 | $13 | $124,848 | 16.8% |
Hong Kong Representative Office | $300 | $300 | $124,650 | 16.9% |
Hong Kong Company Limited by Guarantee | $321 | $315 | $124,614 | 16.9% |
Hong Kong Private Company Limited by Shares | $499 | $315 | $124,436 | 17.0% |
Hong Kong Public Company Limited by Shares | $499 | $319 | $124,432 | 17.0% |
Hong Kong Branch Office | $500 | $325 | $124,425 | 17.1% |
United Arab Emirates Branch | $6,800 | $5,450 | $124,250 | 17.2% |
Singapore Pte. Ltd. | $235 | $45 | $124,220 | 17.2% |
Singapore Branch Office | $245 | $47 | $124,208 | 17.2% |
Singapore Exempt Private Company | $245 | $47 | $124,208 | 17.2% |
Singapore Representative Office | $148 | $148 | $124,204 | 17.2% |
United States C-Corp | $100 | $60 | $118,340 | 21.1% |
United States LLC | $100 | $60 | $118,340 | 21.1% |
United States LLC | $125 | $139 | $118,236 | 21.2% |
United States LLC | $425 | $350 | $117,725 | 21.5% |
Estonia TÜ | $14 | $0 | $116,986 | 22.0% |
Estonia FIE | $14 | $0 | $116,986 | 22.0% |
Estonia UÜ | $15 | $0 | $116,985 | 22.0% |
Estonia MTÜ | $32 | $0 | $116,968 | 22.0% |
Estonia Branch | $215 | $0 | $116,785 | 22.1% |
Estonia Tulundusühistu | $215 | $0 | $116,785 | 22.1% |
Estonia OÜ | $305 | $230 | $116,465 | 22.4% |
Canada Provincial Corporation | $200 | $65 | $115,235 | 23.2% |
Estonia AS | $285 | $0 | $113,715 | 24.2% |
Panama Civil Partnership | $50 | $0 | $112,450 | 25.0% |
United Kingdom LBG | $125 | $63 | $112,312 | 25.1% |
United Kingdom Unlimited Company | $127 | $63 | $112,310 | 25.1% |
United Kingdom PLC | $134 | $67 | $112,299 | 25.1% |
United Kingdom LTD | $134 | $67 | $112,299 | 25.1% |
United Kingdom CIC | $146 | $83 | $112,271 | 25.2% |
United Kingdom UK Branch | $157 | $140 | $112,203 | 25.2% |
Panama Partnership Limited by Shares | $60 | $300 | $112,140 | 25.2% |
Panama Branch | $250 | $300 | $111,950 | 25.4% |
Panama LLC | $250 | $300 | $111,950 | 25.4% |
Panama Corporation | $300 | $300 | $111,900 | 25.4% |
Panama General Partnership | $350 | $300 | $111,850 | 25.4% |
Panama Limited Partnership | $350 | $300 | $111,850 | 25.4% |
Panama Sole Proprietorship | $360 | $300 | $111,840 | 25.4% |
Panama Private Foundation | $350 | $400 | $111,750 | 25.5% |
Canada Federal Corporation | $146 | $9 | $110,095 | 26.6% |
Canada Provincial Corporation | $220 | $0 | $110,030 | 26.6% |
United States LLC | $50 | $0 | $109,600 | 26.9% |
Canada Provincial Corporation | $277 | $32 | $109,191 | 27.2% |
United States C-Corp | $109 | $225 | $105,116 | 29.9% |
Modeled revenue: $150,000/year — use the simulator for your figures.
Every jurisdiction and entity type for this business model.
Bulgaria — Single-Member Limited Liability Company (EOOD)
EOOD · Formation guide
Cyprus — Variable Capital Investment Company (VCIC)
Variable Capital Investment Company · Formation guide
Cyprus — Company Limited by Guarantee
Company Limited by Guarantee · Formation guide
Cyprus — Sole Proprietorship
Sole Proprietorship · Formation guide
Cyprus — Limited Partnership
Limited Partnership · Formation guide
Cyprus — General Partnership
General Partnership · Formation guide
Cyprus — Branch of an Overseas Company
Branch · Formation guide
Cyprus — Public Company Limited by Shares (PLC)
Public Limited Company · Formation guide
Cyprus — Private Company Limited by Shares (LTD)
LTD · Formation guide
Ireland — Branch Office (External Company)
Branch · Formation guide
Ireland — General Partnership
General Partnership · Formation guide
Ireland — Limited Partnership (LP)
Limited Partnership · Formation guide
Ireland — Unlimited Company (ULC)
Unlimited Company · Formation guide
Ireland — Company Limited by Guarantee
Company Limited by Guarantee (CLG) · Formation guide
British Virgin Islands — Micro Business Company
Micro Business Company · Formation guide
British Virgin Islands — Limited Partnership
Limited Partnership · Formation guide
British Virgin Islands — Segregated Portfolio Company
Segregated Portfolio Company · Formation guide
British Virgin Islands — Restricted Purpose Company
Restricted Purpose Company · Formation guide
British Virgin Islands — Unlimited Company with Shares
Unlimited Company with Shares · Formation guide
British Virgin Islands — Unlimited Company
Unlimited Company · Formation guide
British Virgin Islands — Company Limited by Guarantee with Shares
Company Limited by Guarantee with Shares · Formation guide
British Virgin Islands — Company Limited by Guarantee
Company Limited by Guarantee · Formation guide
British Virgin Islands — Company Limited by Shares
Company Limited by Shares · Formation guide
Panama — Civil Partnership (Sociedad Civil)
Civil Partnership · Formation guide
Panama — General Partnership (Sociedad Colectiva)
General Partnership · Formation guide
Panama — Partnership Limited by Shares
Partnership Limited by Shares · Formation guide
Panama — Limited Partnership (Sociedad en Comandita Simple)
Limited Partnership · Formation guide
Panama — Branch of a Foreign Company
Branch · Formation guide
Panama — Private Interest Foundation
Private Foundation · Formation guide
Panama — Individual Limited Liability Company (EIRL)
Sole Proprietorship · Formation guide
Panama — Sociedad de Responsabilidad Limitada (SRL)
LLC · Formation guide
Panama — Corporation (Sociedad Anónima)
Corporation · Formation guide
Switzerland — Aktiengesellschaft (AG)
AG · Formation guide
Switzerland — GmbH / Sàrl
GmbH / Sàrl · Formation guide
Canada — Ontario Limited Partnership (LP)
Limited Partnership · Formation guide
Canada — Alberta Corporation
Provincial Corporation · Formation guide
Canada — British Columbia Corporation
Provincial Corporation · Formation guide
Canada — Federal Corporation
Federal Corporation · Formation guide
Canada — Ontario Corporation
Provincial Corporation · Formation guide
Singapore — Limited Partnership (LP)
LP · Formation guide
Singapore — Sole Proprietorship
Sole Proprietorship · Formation guide
Singapore — Representative Office
Representative Office · Formation guide
Singapore — Branch Office
Branch Office · Formation guide
Singapore — Limited Liability Partnership (LLP)
LLP · Formation guide
Singapore — Exempt Private Company (EPC)
Exempt Private Company · Formation guide
Singapore — Private Limited Company (Pte. Ltd.)
Pte. Ltd. · Formation guide
Hong Kong — Limited Partnership Fund
Limited Partnership Fund · Formation guide
Hong Kong — Limited Partnership
Limited Partnership · Formation guide
Hong Kong — General Partnership
General Partnership · Formation guide
Hong Kong — Sole Proprietorship
Sole Proprietorship · Formation guide
Hong Kong — Representative Office
Representative Office · Formation guide
Hong Kong — Branch Office
Branch Office · Formation guide
Hong Kong — Company Limited by Guarantee
Company Limited by Guarantee · Formation guide
Hong Kong — Public Company Limited by Shares
Public Company Limited by Shares · Formation guide
Hong Kong — Private Company Limited by Shares
Private Company Limited by Shares · Formation guide
United Arab Emirates — Sole Establishment
Sole Establishment · Formation guide
United Arab Emirates — Civil Company
Civil Company · Formation guide
United Arab Emirates — Representative Office
Representative Office · Formation guide
United Arab Emirates — Foreign Branch
Branch · Formation guide
United Arab Emirates — Offshore Company (IBC)
IBC · Formation guide
United Arab Emirates — Mainland LLC
LLC · Formation guide
United Arab Emirates — Free Zone Establishment (FZE)
FZE · Formation guide
United Arab Emirates — Free Zone Company (FZCO)
FZCO · Formation guide
Romania — Partnership Limited by Shares (SCA)
SCA · Formation guide
Romania — Limited Partnership (SCS)
SCS · Formation guide
Romania — General Partnership (SNC)
General Partnership · Formation guide
Romania — Representative Office
Representative Office · Formation guide
Romania — Branch Office
Branch Office · Formation guide
Romania — PFA (Sole Proprietorship)
Sole Proprietorship · Formation guide
Romania — Joint Stock Company (SA)
SA · Formation guide
Romania — Limited Liability Company (SRL)
SRL · Formation guide
Georgia — Cooperative
Cooperative · Formation guide
Georgia — Limited Partnership
LP · Formation guide
Georgia — Joint Liability Company
JLC · Formation guide
Georgia — Branch Office
Branch · Formation guide
Georgia — Joint Stock Company (JSC)
JSC · Formation guide
Georgia — LLC (International Company)
LLC · Formation guide
Georgia — Virtual Zone Company
LLC · Formation guide
Georgia — Individual Entrepreneur
IE · Formation guide
Georgia — Limited Liability Company (LLC)
LLC · Formation guide
Ireland — Public Limited Company (PLC)
PLC · Formation guide
United Kingdom — Community Interest Company
CIC · Formation guide
United Kingdom — Unlimited Company
Unlimited Company · Formation guide
United Kingdom — UK Establishment (Branch)
UK Branch · Formation guide
United Kingdom — Company Limited by Guarantee
LBG · Formation guide
United Kingdom — Public Limited Company (PLC)
PLC · Formation guide
United Kingdom — Scottish Limited Partnership
SLP · Formation guide
United Kingdom — Limited Liability Partnership (LLP)
LLP · Formation guide
United Kingdom — Private Limited Company (LTD)
LTD · Formation guide
Ireland — Designated Activity Company (DAC)
Designated Activity Company · Formation guide
Ireland — Private Company Limited by Shares (LTD)
LTD · Formation guide
Estonia — Non-profit Association (MTÜ)
MTÜ · Formation guide
Estonia — Branch (Filiaal)
Branch · Formation guide
Estonia — Commercial Cooperative (Tulundusühistu)
Tulundusühistu · Formation guide
Estonia — Limited Partnership (UÜ)
UÜ · Formation guide
Estonia — General Partnership (Täisühing)
TÜ · Formation guide
Estonia — Sole Proprietor (FIE)
FIE · Formation guide
Estonia — Public Limited Company (Aktsiaselts)
AS · Formation guide
Estonia — Private Limited Company (OÜ)
OÜ · Formation guide
United States — Wyoming C-Corporation
C-Corp · Formation guide
United States — Texas LLC
LLC · Formation guide
United States — Florida LLC
LLC · Formation guide
United States — Nevada LLC
LLC · Formation guide
United States — New Mexico LLC
LLC · Formation guide
United States — Delaware C-Corporation
C-Corp · Formation guide
United States — Delaware LLC
LLC · Formation guide
United States — Wyoming LLC
LLC · Formation guide
Not necessarily, but a US LLC can make invoicing and receiving payments via ACH much easier, which US clients often prefer.
It allows you to manage a borderless EU company entirely online, with 0% tax on reinvested profits, making it perfect for scaling an agency.
Get personalized recommendations or model your exact revenue in the simulator.