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Bahamas vs Cook Islands: which jurisdiction wins?

Bahamas vs Cook Islands — both credible, very different trade-offs. Below: side-by-side on the variables that actually move the decision.

 BahamasCook Islands
Tax headline0% income/corporate tax0% on foreign-sourced income
Formation days55
First-year cost$3,500$3,500
TreatiesLimitedLimited
SubstanceESA requirementsLight
BankingBahamian banks plus EMIsLimited; asset-protection focused

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