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Cyprus vs Georgia: which jurisdiction wins?

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

 CyprusGeorgia
Tax headline12.5% corporate, NID brings effective lower0% on retained earnings (Estonian-style)
Formation days73
First-year cost$3,500$1,800
Treaties65+56+
SubstanceSubstance for treaty accessRequired for International Company status
BankingBank of Cyprus, Hellenic, plus EMIsTBC, Bank of Georgia

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