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Vanuatu vs Andorra: which jurisdiction wins?

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

 VanuatuAndorra
Tax headline0% income/corporate tax10% corporate, 10% personal
Formation days530
First-year cost$2,500$6,500
TreatiesLimited9+
SubstanceLightReal residency required
BankingLimitedAndorran banks (Andbank, Crèdit Andorrà)

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