Seychelles vs Andorra: which jurisdiction wins?

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

	Seychelles	Andorra
Tax headline	0% on foreign-sourced income (IBC)	10% corporate, 10% personal
Formation days	3	30
First-year cost	$1,500	$6,500
Treaties	28+	9+
Substance	Light substance for IBCs	Real residency required
Banking	Limited; rely on EMIs and intros	Andorran banks (Andbank, Crèdit Andorrà)

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