Best jurisdiction for a Token Issuer in 2026

Project conducting TGE, SAFT, or post-listing token operations. Below: the jurisdictions we actually shortlist, ranked by fit for this profile.

1. 1

   British Virgin Islands

   0% corporate tax

   Economic Substance Act 2018 — relevant activities must demonstrate substance

2. 2

   United Arab Emirates

   9% corporate tax above AED 375k (free zones 0% on qualifying)

   Free zone QFZP requires adequate substance

3. 3

   Bermuda

   0% (15% CIT for in-scope MNEs from 2025)

   Economic Substance Act 2018