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RAK ICC vs Mauritius: which jurisdiction wins?

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

 RAK ICCMauritius
Tax headline0% on qualifying income15% with partial exemption (effective ~3%)
Formation days510
First-year cost$3,800$4,500
Treaties140+46+
SubstanceLighter than DIFC/ADGM; substance for tax claimsSubstance required for GBC status
BankingOnshore UAE bank intros possible with proper fileMCB, SBM, AfrAsia

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