Seychelles vs Vanuatu: which jurisdiction wins?

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

	Seychelles	Vanuatu
Tax headline	0% on foreign-sourced income (IBC)	0% income/corporate tax
Formation days	3	5
First-year cost	$1,500	$2,500
Treaties	28+	Limited
Substance	Light substance for IBCs	Light
Banking	Limited; rely on EMIs and intros	Limited

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