Isle of Man vs Seychelles: which jurisdiction wins?

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

	Isle of Man	Seychelles
Tax headline	0% (10% banking/retail)	0% on foreign-sourced income (IBC)
Formation days	5	3
First-year cost	$4,800	$1,500
Treaties	11+	28+
Substance	Substance requirements aligned with EU code of conduct	Light substance for IBCs
Banking	IoM banks plus UK introductions	Limited; rely on EMIs and intros

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