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Ireland vs British Virgin Islands: which jurisdiction wins?
Ireland vs British Virgin Islands — both credible, very different trade-offs. Below: side-by-side on the variables that actually move the decision.
| Ireland | British Virgin Islands | |
|---|---|---|
| Tax headline | 12.5% trading, 15% Pillar 2 for large groups | 0% corporate tax |
| Formation days | 5 | 3 |
| First-year cost | $5,500 | $2,500 |
| Treaties | 75+ | Limited |
| Substance | Substance critical (CFC, BEPS) | Economic Substance Act 2018 — relevant activities must demonstrate substance |
| Banking | BOI, AIB, plus US bank branches | Limited domestic banking; introductions to EMIs and Caribbean/Asia correspondents |
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