Mauritius vs Liechtenstein: which jurisdiction wins?

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

	Mauritius	Liechtenstein
Tax headline	15% with partial exemption (effective ~3%)	12.5% corporate
Formation days	10	14
First-year cost	$4,500	$8,500
Treaties	46+	22+
Substance	Substance required for GBC status	Real substance required
Banking	MCB, SBM, AfrAsia	LGT, VP Bank, LLB

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.