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British Virgin Islands vs Seychelles: which jurisdiction wins?
British Virgin Islands vs Seychelles — both credible, very different trade-offs. Below: side-by-side on the variables that actually move the decision.
| British Virgin Islands | Seychelles | |
|---|---|---|
| Tax headline | 0% corporate tax | 0% on foreign-sourced income (IBC) |
| Formation days | 3 | 3 |
| First-year cost | $2,500 | $1,500 |
| Treaties | Limited | 28+ |
| Substance | Economic Substance Act 2018 — relevant activities must demonstrate substance | Light substance for IBCs |
| Banking | Limited domestic banking; introductions to EMIs and Caribbean/Asia correspondents | Limited; rely on EMIs and intros |
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