Cyprus vs Marshall Islands: which jurisdiction wins?

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

	Cyprus	Marshall Islands
Tax headline	12.5% corporate, NID brings effective lower	0% non-resident tax
Formation days	7	2
First-year cost	$3,500	$1,800
Treaties	65+	Limited
Substance	Substance for treaty access	Minimal for non-resident entities
Banking	Bank of Cyprus, Hellenic, plus EMIs	EMIs and limited correspondents

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