Labuan vs Delaware (USA): which jurisdiction wins?

Labuan vs Delaware (USA) — both credible, very different trade-offs. Below: side-by-side on the variables that actually move the decision.

	Labuan	Delaware (USA)
Tax headline	3% on audited net profits	21% federal + 8.7% Delaware (no state tax on non-DE income)
Formation days	14	1
First-year cost	$5,000	$1,200
Treaties	70+	70+
Substance	Substance Regulations 2018	US tax presence considerations
Banking	Labuan banks plus Malaysia intros	Mercury, Brex, plus tier-1 US banks

Talk to a partner before you incorporate.

Wrong jurisdiction, wrong substance, or wrong bank shortlist is a 12-month problem. A 30-minute briefing fixes 80% of it.