Cayman Islands vs Luxembourg: which jurisdiction wins?

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

	Cayman Islands	Luxembourg
Tax headline	0% corporate, capital gains, and income tax	24.94% effective; SOPARFI structuring lowers materially
Formation days	5	14
First-year cost	$4,200	$12,000
Treaties	Limited	85+
Substance	Economic Substance Law applies to relevant activities	Substance mandatory post-ATAD
Banking	Top-tier prime brokerage and crypto-friendly banking via Cayman National & private banks	BIL, BGL BNP Paribas, prime brokers

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Wrong jurisdiction, wrong substance, or wrong bank shortlist is a 12-month problem. A 30-minute briefing fixes 80% of it.