Marshall Islands vs Georgia: which jurisdiction wins?

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

	Marshall Islands	Georgia
Tax headline	0% non-resident tax	0% on retained earnings (Estonian-style)
Formation days	2	3
First-year cost	$1,800	$1,800
Treaties	Limited	56+
Substance	Minimal for non-resident entities	Required for International Company status
Banking	EMIs and limited correspondents	TBC, Bank of Georgia

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