RAK ICC vs Andorra: which jurisdiction wins?

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

	RAK ICC	Andorra
Tax headline	0% on qualifying income	10% corporate, 10% personal
Formation days	5	30
First-year cost	$3,800	$6,500
Treaties	140+	9+
Substance	Lighter than DIFC/ADGM; substance for tax claims	Real residency required
Banking	Onshore UAE bank intros possible with proper file	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.