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DIFC (Dubai) vs Seychelles: which jurisdiction wins?

DIFC (Dubai) vs Seychelles — both credible, very different trade-offs. Below: side-by-side on the variables that actually move the decision.

 DIFC (Dubai)Seychelles
Tax headline0% on qualifying income (9% otherwise)0% on foreign-sourced income (IBC)
Formation days143
First-year cost$12,000$1,500
Treaties140+28+
SubstanceMandatory office, directors, employees in DIFCLight substance for IBCs
BankingDIFC-licensed banks and prime brokersLimited; rely on EMIs and intros

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