Paraguay vs Liechtenstein: which jurisdiction wins?

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

	Paraguay	Liechtenstein
Tax headline	10% corporate, territorial in practice	12.5% corporate
Formation days	14	14
First-year cost	$2,500	$8,500
Treaties	4+	22+
Substance	Substance required for residency	Real substance required
Banking	Local banks	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.