Cyprus vs Paraguay: which jurisdiction wins?

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

	Cyprus	Paraguay
Tax headline	12.5% corporate, NID brings effective lower	10% corporate, territorial in practice
Formation days	7	14
First-year cost	$3,500	$2,500
Treaties	65+	4+
Substance	Substance for treaty access	Substance required for residency
Banking	Bank of Cyprus, Hellenic, plus EMIs	Local banks

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.