Cyprus vs Luxembourg: which jurisdiction wins?

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

	Cyprus	Luxembourg
Tax headline	12.5% corporate, NID brings effective lower	24.94% effective; SOPARFI structuring lowers materially
Formation days	7	14
First-year cost	$3,500	$12,000
Treaties	65+	85+
Substance	Substance for treaty access	Substance mandatory post-ATAD
Banking	Bank of Cyprus, Hellenic, plus EMIs	BIL, BGL BNP Paribas, prime brokers

Talk to a partner before you incorporate.

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