RAK ICC vs Vanuatu: which jurisdiction wins?

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

	RAK ICC	Vanuatu
Tax headline	0% on qualifying income	0% income/corporate tax
Formation days	5	5
First-year cost	$3,800	$2,500
Treaties	140+	Limited
Substance	Lighter than DIFC/ADGM; substance for tax claims	Light
Banking	Onshore UAE bank intros possible with proper file	Limited

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Wrong jurisdiction, wrong substance, or wrong bank shortlist is a 12-month problem. A 30-minute briefing fixes 80% of it.