Seychelles vs Marshall Islands: which jurisdiction wins?

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

	Seychelles	Marshall Islands
Tax headline	0% on foreign-sourced income (IBC)	0% non-resident tax
Formation days	3	2
First-year cost	$1,500	$1,800
Treaties	28+	Limited
Substance	Light substance for IBCs	Minimal for non-resident entities
Banking	Limited; rely on EMIs and intros	EMIs and limited correspondents

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