RAK ICC vs Liechtenstein: which jurisdiction wins?

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

	RAK ICC	Liechtenstein
Tax headline	0% on qualifying income	12.5% corporate
Formation days	5	14
First-year cost	$3,800	$8,500
Treaties	140+	22+
Substance	Lighter than DIFC/ADGM; substance for tax claims	Real substance required
Banking	Onshore UAE bank intros possible with proper file	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.