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Delaware (USA) vs Liechtenstein: which jurisdiction wins?
Delaware (USA) vs Liechtenstein — both credible, very different trade-offs. Below: side-by-side on the variables that actually move the decision.
| Delaware (USA) | Liechtenstein | |
|---|---|---|
| Tax headline | 21% federal + 8.7% Delaware (no state tax on non-DE income) | 12.5% corporate |
| Formation days | 1 | 14 |
| First-year cost | $1,200 | $8,500 |
| Treaties | 70+ | 22+ |
| Substance | US tax presence considerations | Real substance required |
| Banking | Mercury, Brex, plus tier-1 US banks | LGT, VP Bank, LLB |
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