Marshall Islands vs Cayman Islands: which jurisdiction wins?

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

	Marshall Islands	Cayman Islands
Tax headline	0% non-resident tax	0% corporate, capital gains, and income tax
Formation days	2	5
First-year cost	$1,800	$4,200
Treaties	Limited	Limited
Substance	Minimal for non-resident entities	Economic Substance Law applies to relevant activities
Banking	EMIs and limited correspondents	Top-tier prime brokerage and crypto-friendly banking via Cayman National & private 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.