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50 Tax Free Business Ideas You Can Start In 2021

Starter Story

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 over 5 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

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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 about 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

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

3. Start a freelance writing business ($960K/year)

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

  • Revenue: $80,000/ month
  • Founders: 1
  • Employees: 12
  • 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

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David Tile, on starting Article-Writing Co ($80,000/month) full story ➜

4. Start a skills training business ($9.07K/year)

Andrew Kamphey from Remote started Better Sheets 10 months ago, a skills training business.

  • Revenue: $756/ month
  • Founders: 1
  • Employees: 0
  • Location: Remote

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

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Andrew Kamphey, on starting Better Sheets ($756/month) full story ➜

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

Monika Reti from many, USA started Hipcooks about 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

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

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

Ivan Fatovic from Los Angeles started Modamily about 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

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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 over 2 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

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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 over 3 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

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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:

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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:

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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:

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12. Start an excursions for school children business

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:

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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:

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14. Start a student exchange program

Examples of a successful 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:

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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:

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17. Start a video game download website business

Examples of a successful video game download website business:

For further info, check out these books and products:

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18. Start a jersey customization business

Examples of a successful jersey customization business:

For further info, check out these books and products:

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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:

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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:

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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:

article

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:

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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:

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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:

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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:

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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:

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:

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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:

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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:

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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:

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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:

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35. Start a voice over service buisness

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:

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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:

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37. Start a language translation service ($322K/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:

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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:

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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:

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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:

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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:

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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:

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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:

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44. Become a tutorial video creator

Examples of a successful tutorial video creator:

For further info, check out these books and products:

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45. Start a cryptocurrency exchange service ($1.2M/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:

article

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:

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47. Start an ebay reseller business

Examples of a successful ebay reseller business:

For further info, check out these books and products:

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48. Start a social media marketing business ($96K/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:

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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:

article

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:

article

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