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British Virgin Islands vs Luxembourg: which jurisdiction wins?
British Virgin Islands vs Luxembourg — both credible, very different trade-offs. Below: side-by-side on the variables that actually move the decision.
| British Virgin Islands | Luxembourg | |
|---|---|---|
| Tax headline | 0% corporate tax | 24.94% effective; SOPARFI structuring lowers materially |
| Formation days | 3 | 14 |
| First-year cost | $2,500 | $12,000 |
| Treaties | Limited | 85+ |
| Substance | Economic Substance Act 2018 — relevant activities must demonstrate substance | Substance mandatory post-ATAD |
| Banking | Limited domestic banking; introductions to EMIs and Caribbean/Asia correspondents | BIL, BGL BNP Paribas, prime brokers |
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