Cyprus vs Vanuatu: which jurisdiction wins?

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

	Cyprus	Vanuatu
Tax headline	12.5% corporate, NID brings effective lower	0% income/corporate tax
Formation days	7	5
First-year cost	$3,500	$2,500
Treaties	65+	Limited
Substance	Substance for treaty access	Light
Banking	Bank of Cyprus, Hellenic, plus EMIs	Limited

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