Isle of Man vs Liechtenstein: which jurisdiction wins?

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

	Isle of Man	Liechtenstein
Tax headline	0% (10% banking/retail)	12.5% corporate
Formation days	5	14
First-year cost	$4,800	$8,500
Treaties	11+	22+
Substance	Substance requirements aligned with EU code of conduct	Real substance required
Banking	IoM banks plus UK introductions	LGT, VP Bank, LLB

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