RAK ICC vs Seychelles: which jurisdiction wins?

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

	RAK ICC	Seychelles
Tax headline	0% on qualifying income	0% on foreign-sourced income (IBC)
Formation days	5	3
First-year cost	$3,800	$1,500
Treaties	140+	28+
Substance	Lighter than DIFC/ADGM; substance for tax claims	Light substance for IBCs
Banking	Onshore UAE bank intros possible with proper file	Limited; rely on EMIs and intros

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.