Bahamas vs Marshall Islands: which jurisdiction wins?

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

	Bahamas	Marshall Islands
Tax headline	0% income/corporate tax	0% non-resident tax
Formation days	5	2
First-year cost	$3,500	$1,800
Treaties	Limited	Limited
Substance	ESA requirements	Minimal for non-resident entities
Banking	Bahamian banks plus EMIs	EMIs and limited correspondents

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