Isle of Man vs Marshall Islands: which jurisdiction wins?

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

	Isle of Man	Marshall Islands
Tax headline	0% (10% banking/retail)	0% non-resident tax
Formation days	5	2
First-year cost	$4,800	$1,800
Treaties	11+	Limited
Substance	Substance requirements aligned with EU code of conduct	Minimal for non-resident entities
Banking	IoM banks plus UK introductions	EMIs and limited correspondents

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