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Isle of Man vs Bahamas: which jurisdiction wins?

Isle of Man vs Bahamas — both credible, very different trade-offs. Below: side-by-side on the variables that actually move the decision.

 Isle of ManBahamas
Tax headline0% (10% banking/retail)0% income/corporate tax
Formation days55
First-year cost$4,800$3,500
Treaties11+Limited
SubstanceSubstance requirements aligned with EU code of conductESA requirements
BankingIoM banks plus UK introductionsBahamian banks plus EMIs

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