50 Tax Free Business Ideas You Can Start In 2021

Starter Story

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Updated: May 13th, 2021

50 Tax Free Business Ideas You Can Start In 2021

Interested to start a tax free business but not quite sure what to start?  

The good news is, there are so many opportunities to become an entrepreneur and build an innovative product/service in this line of work.

  If you're looking to start your own tax free business, there are several low-investment options you can choose from.  

We put a list together below of the most profitable tax free business ideas you can start today!  

Here they are:  

1. Start a book club ($156K/year)

Ben Keene from London, England, United Kingdom started Rebel Book Club about 6 years ago, a book club.

Revenue: $13,000/ month
Founders: 2
Employees: 0
Location: London, England, United Kingdom

It was a bad habit. Buying books and not finishing them...

One tap on Amazon, and bang, there it was on my kindle or my doormat the next day. I’d fleetingly read a review or even just a crunching blurb and my key words, curiosities or aspirations had slapped me round the face and before I’d considered a sensible swipe-by it was too late.

I’d become a heavy user. Buying non-fiction books at quite a click. But the problem was not so much the cost — at the most I was spending £20 a month — which I saw as a solid investment in potentially 2–3 life-changing reads. The problem was I couldn’t get past page 100 (or 25%) of almost all of the books I’d bought.

how-two-friends-started-a-13k-month-online-book-club-from-bali

Ben Keene, on starting Rebel Book Club ($13,000/month) full story ➜

2. Start a crowdfunding platform ($4.8M/year)

Howard Marks from Los Angeles, California, USA started StartEngine over 8 years ago, a crowdfunding platform.

Revenue: $400,000/ month
Founders: 2
Employees: 22
Location: Los Angeles, California, USA

After the second video game company I founded, Acclaim Games, was acquired by Walt Disney (Playdom was the original buyer), I wanted to take a break from the entrepreneurial side of the business and become an investor. I set a personal goal for myself to invest in 60 companies, and since I was living in LA, I decided to invest in startups in LA too.

Where do you start with that goal? How do you find entrepreneurs to support? As I started this journey, I realized that an accelerator model was quite effective for my purposes, and so StartEngine, the accelerator, was born.

We offered companies $20,000 for a 10% stake in the company and 90 days of mentorship. Given we were one of the first accelerators in LA, we had a lot of interest. Ultimately, we accepted around 5% of applicants and had 60 companies participate in the StartEngine accelerator in total.

how-we-built-and-launched-a-100m-equity-crowdfunding-platform

Howard Marks, on starting StartEngine ($400,000/month) full story ➜

3. Start a freelance writing business ($1.02M/year)

David Tile from Toronto, Ontario, Canada started Article-Writing Co about 10 years ago, a freelance writing business.

Revenue: $85,000/ month
Founders: 1
Employees: 15
Location: Toronto, Ontario, Canada

In 2011, coming out of college, I miserably tried to start a penny auction website. I studied Political Science at University, which had absolutely no bearing on this idea. I knew I wanted to do something entrepreneurial and was consumed by this auction model. I had my own specific mechanics that I thought would make the game a lot more fair for the average consumer. But alas, 6-8 months later, after burning through thousands of dollars trying to get the technology right, I was absolutely nowhere.

I was resigned to not give up, but the mechanics of the auction are critical to the smooth operation of the website and if you can’t get it right you don’t have a business. So I decided to start taking on some freelance writing work, just to get some cash in.

One thing led to another and I started getting some bigger clients with bigger asks. Eventually, I snowballed hiring some writers and copy editors. Turning this thing into a full-time business operation.

how-i-started-a-80k-month-content-writing-business

David Tile, on starting Article-Writing Co ($85,000/month) full story ➜

4. Start a skills training business ($48K/year)

Andrew Kamphey from started Better Sheets about 1 year ago, a skills training business.

Revenue: $4,000/ month
Founders: 1
Employees: 0
Location:

It began as a side project while building a web app. I had wanted to launch something helpful to a broad set of people. And I wanted to launch something that could run without my interference.

In the company that I co-founded, to do ad sales we were constantly building biz models and outreach in Google Sheets. My co-founder earlier this year mentioned that all my Google Sheets look great. And are way above anything else he had seen.

I didn’t have to validate it, necessarily, before creating it. I just launched the damn thing on a Friday. Landing page, 4 free videos, and 4 paid videos. I set a price and moved on with my life. Come Monday I had a sale, and everything blasted off from there.

on-creating-and-monetising-google-sheets-tutorials

Andrew Kamphey, on starting Better Sheets ($4,000/month) full story ➜

5. Start a cooking class business ($1.2M/year)

Monika Reti from many, USA started Hipcooks over 7 years ago, a cooking class business.

Revenue: $100,000/ month
Founders: 1
Employees: 8
Location: many, USA

In true Hipcooks fashion: I’m not a culinary school graduate — I’m a hack! Here’s my story:

I’m first-generation American (Mom is from Germany and Dad from Argentina). My parents were young foreign students in the US and their friends were the other international students: I was a kid surrounded by people from different nationalities, like Spain, Russia, France, and the UK. I was a child foodie and loved to experience culture through food.

I caught the travel bug early, living in Argentina (studying economics in college), traveling through Europe, and moved to England for graduate school (I have a Master’s in Economics from LSE.) While in school, I cooked my way through a series of London restaurants in the gastro-boom of the ’90s, just for fun. My first job was on the West Coast, as an econometrician at the RAND Corporation.

how-i-started-a-cooking-classes-business-with-7-locations

Monika Reti, on starting Hipcooks ($100,000/month) full story ➜

6. Start a dating website ($156K/year)

Ivan Fatovic from Los Angeles started Modamily over 9 years ago, a dating website.

Revenue: $13,000/ month
Founders: 1
Employees: 3
Location: Los Angeles

I had spent my whole adult life after college living in Los Angeles working in the entertainment industry, first as an actor, then in production (Greenstreet Films) and talent representation (Endeavor and 3 Arts). After years in the business, I got frustrated with how long it took to get movies made and wanted a change.

A friend of mine was working in wealth management at UBS in Beverly Hills and got me an interview. I was always trading stocks since college and envisioned myself as Bud Fox from Oliver Stone’s Wall Street, where I would one day grab some whale clients and make millions managing money for them. My salary tripled overnight from my Hollywood assistant salary and I quickly aced my Series 7 and was on my way.

The year was 2008, the beginning of the financial crisis. I remember being sent to UBS headquarters in Weehawken, NJ for training in the same week that Bear Stearns and Lehman Brothers were on the verge of bankruptcy. It wasn’t a good sign. They ended up laying off all the young advisors and towards the end of 2009, I was unemployed and jobless. I moved back to NYC to try and find a job on the institutional side of Wall St.

how-i-created-a-13k-month-website-to-help-people-start-a-family

Ivan Fatovic, on starting Modamily ($13,000/month) full story ➜

7. Start an online video editing business ($72K/year)

Sabba Keynejad from London, England, United Kingdom started VEED almost 3 years ago, a online video editing business.

Revenue: $6,000/ month
Founders: 2
Employees: 1
Location: London, England, United Kingdom

Tim and I met during an online hackathon. During the hackathon participants were encouraged to meetup for real. We actually got on really well, and stayed friends and kept spitballing ideas for a startup for years.

At this time, I was a design student at Central Saint Martins and I had recently won a competition for Sony Music creating an interactive music video for the band Hurts with my friend Virgil. Then soon after graduation, I started working as a creative technologist in London for a bunch of different advertising & branding agencies and a few startups too.

how-we-developed-a-6k-month-online-video-editing-software

Sabba Keynejad, on starting VEED ($6,000/month) full story ➜

8. Start a photography business ($1.32M/year)

Kyle Nelson from Chico, California, USA started Results Imagery about 4 years ago, a photography business.

Revenue: $110,000/ month
Founders: 2
Employees: 8
Location: Chico, California, USA

We both had previous experience in another start-up called Soul id which was a social media platform for action sports. We ran the marketing and media at that company which was a blast. After we left that company, we split directions. Eli got involved in the eCommerce industry by starting a brand called Winterial which he grew to hundreds of SKUs. Kyle headed in the media direction and started a commercial photography company where he worked with Fortune 500 companies and small businesses.

At this time Kyle wanted to be able to get back in the start-up world, grow a large brand and a team of like-minded creatives and innovators. So like any entrepreneur, he jumped on Google and started to search for media companies that were also technology-based companies as well. That is where the inspiration of starting a digital agency that solely focused on the media portion for brands and product companies came to life.

Culture is the centerpiece of a successful company. Creating a place for employees to come to work and enjoy what they do, the environment and who they work with will pay long term dividends.

how-we-started-a-45k-month-product-photography-and-video-company

Kyle Nelson, on starting Results Imagery ($110,000/month) full story ➜

9. Start a car sharing service business

Examples of a successful car sharing service business:

Here are some great videos on how to get started with a car sharing service business:

For further info, check out these books and products:

Learn more about starting a car sharing service business ➜

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10. Start an installing Christmas trees and lights business

Examples of a successful installing Christmas trees and lights business:

Here are some great videos on how to get started with a installing Christmas trees and lights business:

For further info, check out these books and products:

Growing Christmas Trees: Select the Right Species, Raise the Best Trees, Market for the Holidays (Storey Basics)

Learn more about starting an installing Christmas trees and lights business ➜

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11. Start a fair or carnival vending buiness

Examples of a successful fair or carnival vending buiness:

Here are some great videos on how to get started with a fair or carnival vending buiness:

For further info, check out these books and products:

Learn more about starting a fair or carnival vending buiness ➜

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12. Start an excursions for school children business ($120K/year)

Examples of a successful excursions for school children business:

Here are some great videos on how to get started with a excursions for school children business:

For further info, check out these books and products:

Learn more about starting an excursions for school children business ➜

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13. Start a community training and mentorship business

Examples of a successful community training and mentorship business:

Here are some great videos on how to get started with a community training and mentorship business:

For further info, check out these books and products:

Learn more about starting a community training and mentorship business ➜

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14. Start a student exchange program

Examples of a successful student exchange program:

For further info, check out these books and products:

Learn more about starting a student exchange program ➜

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15. Start an amazon FBA business

Examples of a successful amazon FBA business:

Here are some great videos on how to get started with a amazon FBA business:

For further info, check out these books and products:

Learn more about starting an amazon FBA business ➜

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16. Start a house painting business

Examples of a successful house painting business:

Here are some great videos on how to get started with a house painting business:

For further info, check out these books and products:

Learn more about starting a house painting business ➜

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17. Start a video game download website business

Examples of a successful video game download website business:

Here are some great videos on how to get started with a video game download website business:

For further info, check out these books and products:

Learn more about starting a video game download website business ➜

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18. Start a jersey customization business

Examples of a successful jersey customization business:

Here are some great videos on how to get started with a jersey customization business:

For further info, check out these books and products:

Learn more about starting a jersey customization business ➜

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19. Start a community vigilante group business

Examples of a successful community vigilante group business:

Here are some great videos on how to get started with a community vigilante group business:

For further info, check out these books and products:

Learn more about starting a community vigilante group business ➜

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20. Start a lawn care service

Examples of a successful lawn care service:

Here are some great videos on how to get started with a lawn care service:

For further info, check out these books and products:

Learn more about starting a lawn care service ➜

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21. Start a museum

Examples of a successful museum:

Here are some great videos on how to get started with a museum:

For further info, check out these books and products:

Learn more about starting a museum ➜

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22. Start a waste recycling business

Examples of a successful waste recycling business:

Here are some great videos on how to get started with a waste recycling business:

For further info, check out these books and products:

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23. Start a paper recycling business

Examples of a successful paper recycling business:

Here are some great videos on how to get started with a paper recycling business:

For further info, check out these books and products:

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24. Start a scrap gold recovering and selling business

Examples of a successful scrap gold recovering and selling business:

Here are some great videos on how to get started with a scrap gold recovering and selling business:

For further info, check out these books and products:

Learn more about starting a scrap gold recovering and selling business ➜

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25. Start a vehicle licensing brokerage service

Examples of a successful vehicle licensing brokerage service:

Here are some great videos on how to get started with a vehicle licensing brokerage service:

For further info, check out these books and products:

Learn more about starting a vehicle licensing brokerage service ➜

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26. Start a tour guide service business

Examples of a successful tour guide service business:

Here are some great videos on how to get started with a tour guide service business:

For further info, check out these books and products:

Learn more about starting a tour guide service business ➜

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27. Start a roof repair business

Examples of a successful roof repair business:

Here are some great videos on how to get started with a roof repair business:

For further info, check out these books and products:

Learn more about starting a roof repair business ➜

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28. Start a garage sale business

Examples of a successful garage sale business:

Here are some great videos on how to get started with a garage sale business:

For further info, check out these books and products:

Learn more about starting a garage sale business ➜

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29. Start a forex trading business

Examples of a successful forex trading business:

Here are some great videos on how to get started with a forex trading business:

For further info, check out these books and products:

Learn more about starting a forex trading business ➜

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30. Start a small scale fumigation service business

Examples of a successful small scale fumigation service business:

Here are some great videos on how to get started with a small scale fumigation service business:

For further info, check out these books and products:

Learn more about starting a small scale fumigation service business ➜

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31. Start a dog breeding business

Examples of a successful dog breeding business:

Here are some great videos on how to get started with a dog breeding business:

For further info, check out these books and products:

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32. Start an educational center business

Examples of a successful educational center business:

Here are some great videos on how to get started with a educational center business:

For further info, check out these books and products:

Learn more about starting an educational center business ➜

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33. Start a plumbing business

Examples of a successful plumbing business:

Here are some great videos on how to get started with a plumbing business:

For further info, check out these books and products:

Learn more about starting a plumbing business ➜

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34. Start a real estate brokering business

Examples of a successful real estate brokering business:

Here are some great videos on how to get started with a real estate brokering business:

For further info, check out these books and products:

Learn more about starting a real estate brokering business ➜

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35. Start a voice over service buisness ($480K/year)

Examples of a successful voice over service buisness:

Here are some great videos on how to get started with a voice over service buisness:

For further info, check out these books and products:

Learn more about starting a voice over service buisness ➜

And for some real world inspiration, give Mony Raanan's story on creating Voice Crafters a read:

Hi, my name is Mony Raanan, and I’m the founder of Voice Crafters, a multilingual voice-over agency and marketplace.

Voice Crafters operated as an agency until early 2020, at which point we launched our online marketplace. This move essentially helped double our revenue and we’re on track to making at least $500,000 in 2021 with a bottom line of around 40%.

how-i-started-a-40k-month-multilingual-voice-over-agency-and-marketplace

Mony Raanan, on starting Voice Crafters ($40,000/month) full story ➜

36. Become a ghost blogger

Examples of a successful ghost blogger:

Here are some great videos on how to get started with a ghost blogger:

For further info, check out these books and products:

Learn more about starting a ghost blogger ➜

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37. Start a language translation service ($5.66M/year)

Examples of a successful language translation service:

Here are some great videos on how to get started with a language translation service:

For further info, check out these books and products:

Learn more about starting a language translation service ➜

And for some real world inspiration, give Alex Chernenko's story on creating TRANSLIT a read:

Hi fellow entrepreneurs and those who want to follow the same path. My name is Alex Chernenko and I am an early-stage entrepreneur. Today, I would like to share my story about TRANSLIT with you.

TRANSLIT was a language agency for ten years, we had a team of translators, interpreters, and project managers. Then we built a platform (CRM and Marketplace) to manage projects and resources. Finally, we added a product to be able to deliver the service remotely and online. It has created a full package. TRANSLIT’s slogan is Complete Language Solutions. We continue this promise to our customers.

And our company has been featured on several occasions in local, national, and international media including Slator, Multilingual, Silicon Republic, and Crunchbase, along with Irish Times, Irish Independent, Irish Examiner, and RTE.

from-a-freelance-translator-working-from-home-to-an-entrepreneur-with-1m-in-revenue

Alex Chernenko, on starting TRANSLIT ($50,000/month) full story ➜

38. Start a pay per view website development business

Examples of a successful pay per view website development business:

Here are some great videos on how to get started with a pay per view website development business:

For further info, check out these books and products:

Learn more about starting a pay per view website development business ➜

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39. Start a music streaming app

Examples of a successful music streaming app:

Here are some great videos on how to get started with a music streaming app:

For further info, check out these books and products:

Learn more about starting a music streaming app ➜

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40. Start a foreign language training business

Examples of a successful foreign language training business:

Here are some great videos on how to get started with a foreign language training business:

For further info, check out these books and products:

Learn more about starting a foreign language training business ➜

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41. Start an ice block making and selling business

Examples of a successful ice block making and selling business:

Here are some great videos on how to get started with a ice block making and selling business:

Learn more about starting an ice block making and selling business ➜

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42. Start an online wallpaper creation and selling business

Examples of a successful online wallpaper creation and selling business:

Here are some great videos on how to get started with a online wallpaper creation and selling business:

For further info, check out these books and products:

Learn more about starting an online wallpaper creation and selling business ➜

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43. Start a ticket selling business

Examples of a successful ticket selling business:

Here are some great videos on how to get started with a ticket selling business:

For further info, check out these books and products:

Learn more about starting a ticket selling business ➜

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44. Become a tutorial video creator

Examples of a successful tutorial video creator:

Here are some great videos on how to get started with a tutorial video creator:

For further info, check out these books and products:

Learn more about starting a tutorial video creator ➜

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45. Start a cryptocurrency exchange service ($900K/year)

Examples of a successful cryptocurrency exchange service:

Here are some great videos on how to get started with a cryptocurrency exchange service:

For further info, check out these books and products:

Learn more about starting a cryptocurrency exchange service ➜

And for some real world inspiration, give Exolix Team's story on creating Exolix a read:

We are a team of people who sincerely believe in cryptocurrency and want to leave their significant mark in crypto-economics, therefore we created Exolix. There are many digital specialists in our team, but we are all united by our love for cryptocurrency, which two years ago prompted us to create our own product.

Today Exolix is an anonymous cryptocurrency exchange with a fixed rate that provides users with unlimited exchange. Our main goal is to provide a fast, easy and secure exchange process.

on-starting-a-cryptocurrency-exchange-platform

Exolix Team, on starting Exolix ($100,000/month) full story ➜

46. Start a call cards and data bundles selling business

Examples of a successful call cards and data bundles selling business:

Here are some great videos on how to get started with a call cards and data bundles selling business:

For further info, check out these books and products:

The Automatic Customer: Creating A Subscription Business In Any Industry: John Warrillow

Learn more about starting a call cards and data bundles selling business ➜

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47. Start an ebay reseller business

Examples of a successful ebay reseller business:

Here are some great videos on how to get started with a ebay reseller business:

For further info, check out these books and products:

Learn more about starting an ebay reseller business ➜

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48. Start a social media marketing business ($48.6K/year)

Examples of a successful social media marketing business:

Here are some great videos on how to get started with a social media marketing business:

For further info, check out these books and products:

Learn more about starting a social media marketing business ➜

And for some real world inspiration, give Mahsun Avci 's story on creating Avci Media a read:

Hello, my name is Mahsun Avci! I'm the founder of Avci Media. At a fairly young age (15) I decided to start my own business. An online marketing agency, where we help businesses grow their bottom line through paid traffic and sales funnels. By taking a holistic approach to business, we make comprehensive online strategies that take our clients from their current situation to their desired situation.

After streamlining the process and consistently getting great client results, I knew I was on to something. I not only mastered Facebook ads, but I learned everything I could about personal branding and making it an asset.

how-i-started-a-digital-marketing-agency-at-16

Mahsun Avci , on starting Avci Media ($8,000/month) full story ➜

49. Start a home tutoring business

Examples of a successful home tutoring business:

Here are some great videos on how to get started with a home tutoring business:

For further info, check out these books and products:

Learn more about starting a home tutoring business ➜

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50. Start a writing & editing business

Examples of a successful writing & editing business:

Here are some great videos on how to get started with a writing & editing business:

For further info, check out these books and products:

Learn more about starting a writing & editing business ➜

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1. Start a book club ($156K/year)

2. Start a crowdfunding platform ($4.8M/year)

3. Start a freelance writing business ($1.02M/year)

4. Start a skills training business ($48K/year)

5. Start a cooking class business ($1.2M/year)

6. Start a dating website ($156K/year)

7. Start an online video editing business ($72K/year)

8. Start a photography business ($1.32M/year)

9. Start a car sharing service business

10. Start an installing Christmas trees and lights business

11. Start a fair or carnival vending buiness

12. Start an excursions for school children business ($120K/year)

13. Start a community training and mentorship business

14. Start a student exchange program

15. Start an amazon FBA business

16. Start a house painting business

17. Start a video game download website business

18. Start a jersey customization business

19. Start a community vigilante group business

20. Start a lawn care service

21. Start a museum

22. Start a waste recycling business

23. Start a paper recycling business

24. Start a scrap gold recovering and selling business

25. Start a vehicle licensing brokerage service

26. Start a tour guide service business

27. Start a roof repair business

28. Start a garage sale business

29. Start a forex trading business

30. Start a small scale fumigation service business

31. Start a dog breeding business

32. Start an educational center business

33. Start a plumbing business

34. Start a real estate brokering business

35. Start a voice over service buisness ($480K/year)

36. Become a ghost blogger

37. Start a language translation service ($5.66M/year)

38. Start a pay per view website development business

39. Start a music streaming app

40. Start a foreign language training business

41. Start an ice block making and selling business

42. Start an online wallpaper creation and selling business

43. Start a ticket selling business

44. Become a tutorial video creator

45. Start a cryptocurrency exchange service ($900K/year)

46. Start a call cards and data bundles selling business

47. Start an ebay reseller business

48. Start a social media marketing business ($48.6K/year)

49. Start a home tutoring business

50. Start a writing & editing business

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