Seychelles vs Georgia: which jurisdiction wins?

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

	Seychelles	Georgia
Tax headline	0% on foreign-sourced income (IBC)	0% on retained earnings (Estonian-style)
Formation days	3	3
First-year cost	$1,500	$1,800
Treaties	28+	56+
Substance	Light substance for IBCs	Required for International Company status
Banking	Limited; rely on EMIs and intros	TBC, Bank of Georgia

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