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Seychelles vs British Virgin Islands: which jurisdiction wins?
Seychelles vs British Virgin Islands — both credible, very different trade-offs. Below: side-by-side on the variables that actually move the decision.
| Seychelles | British Virgin Islands | |
|---|---|---|
| Tax headline | 0% on foreign-sourced income (IBC) | 0% corporate tax |
| Formation days | 3 | 3 |
| First-year cost | $1,500 | $2,500 |
| Treaties | 28+ | Limited |
| Substance | Light substance for IBCs | Economic Substance Act 2018 — relevant activities must demonstrate substance |
| Banking | Limited; rely on EMIs and intros | Limited domestic banking; introductions to EMIs and Caribbean/Asia correspondents |
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