RAK ICC vs Guernsey: which jurisdiction wins?

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

	RAK ICC	Guernsey
Tax headline	0% on qualifying income	0% (10% banking/insurance)
Formation days	5	5
First-year cost	$3,800	$5,500
Treaties	140+	12+
Substance	Lighter than DIFC/ADGM; substance for tax claims	Substance Law 2018
Banking	Onshore UAE bank intros possible with proper file	Channel Islands tier-1 banks

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.