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Isle of Man vs Cook Islands: which jurisdiction wins?

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

 Isle of ManCook Islands
Tax headline0% (10% banking/retail)0% on foreign-sourced income
Formation days55
First-year cost$4,800$3,500
Treaties11+Limited
SubstanceSubstance requirements aligned with EU code of conductLight
BankingIoM banks plus UK introductionsLimited; asset-protection focused

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