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British Virgin Islands vs Ireland: which jurisdiction wins?
British Virgin Islands vs Ireland — both credible, very different trade-offs. Below: side-by-side on the variables that actually move the decision.
| British Virgin Islands | Ireland | |
|---|---|---|
| Tax headline | 0% corporate tax | 12.5% trading, 15% Pillar 2 for large groups |
| Formation days | 3 | 5 |
| First-year cost | $2,500 | $5,500 |
| Treaties | Limited | 75+ |
| Substance | Economic Substance Act 2018 — relevant activities must demonstrate substance | Substance critical (CFC, BEPS) |
| Banking | Limited domestic banking; introductions to EMIs and Caribbean/Asia correspondents | BOI, AIB, plus US bank branches |
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