Bahamas vs Seychelles: which jurisdiction wins?

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

	Bahamas	Seychelles
Tax headline	0% income/corporate tax	0% on foreign-sourced income (IBC)
Formation days	5	3
First-year cost	$3,500	$1,500
Treaties	Limited	28+
Substance	ESA requirements	Light substance for IBCs
Banking	Bahamian banks plus EMIs	Limited; rely on EMIs and intros

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