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Vanuatu vs Liechtenstein: which jurisdiction wins?

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

 VanuatuLiechtenstein
Tax headline0% income/corporate tax12.5% corporate
Formation days514
First-year cost$2,500$8,500
TreatiesLimited22+
SubstanceLightReal substance required
BankingLimitedLGT, VP Bank, LLB

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