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British Virgin Islands vs Cayman Islands: which jurisdiction wins?
British Virgin Islands vs Cayman Islands — both credible, very different trade-offs. Below: side-by-side on the variables that actually move the decision.
| British Virgin Islands | Cayman Islands | |
|---|---|---|
| Tax headline | 0% corporate tax | 0% corporate, capital gains, and income tax |
| Formation days | 3 | 5 |
| First-year cost | $2,500 | $4,200 |
| Treaties | Limited | Limited |
| Substance | Economic Substance Act 2018 — relevant activities must demonstrate substance | Economic Substance Law applies to relevant activities |
| Banking | Limited domestic banking; introductions to EMIs and Caribbean/Asia correspondents | Top-tier prime brokerage and crypto-friendly banking via Cayman National & private banks |
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