Mauritius vs Andorra: which jurisdiction wins?

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

	Mauritius	Andorra
Tax headline	15% with partial exemption (effective ~3%)	10% corporate, 10% personal
Formation days	10	30
First-year cost	$4,500	$6,500
Treaties	46+	9+
Substance	Substance required for GBC status	Real residency required
Banking	MCB, SBM, AfrAsia	Andorran banks (Andbank, Crèdit Andorrà)

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.