Marshall Islands

The Marshall Islands are one of the last countries in the world to strictly adhere to tax haven status. The country does not participate in the exchange of tax information and does not conclude double taxation agreements. Access to privacy is also exceptional, the country still allows companies to be established with bearer (owner) shares. These characteristics make the Marshall Islands an ideal location for companies performing the role of offshore shareholder. A fundamental disadvantage of the Marshall Islands is the very low image of the country and also the lower stability of the legal environment. The country is long-term dependent on American financial aid and is unable to ensure a stable economy from its own resources. When using companies from this offshore jurisdiction, it is necessary to take into account the fact that the legal setting on the island can change at any time, especially at the instigation of the US.

Basic information about the country

• An island nation located in the archipelago of the same name in Micronesia
• The two official languages ​​are English and Aboriginal Marshallese
• After the Second World War, the Marshall Islands came under the administration of the United States, on which they are currently economically dependent.
• American subsidies make up 60 % of the state budget of the Marshall Islands.
• Foreign trading companies are exempt from all taxes in the Marshall Islands.
• The Marshall Islands has committed to automatically provide bank account information under GATCA by 2018 at the latest.
• The Marshall Islands have concluded 14 TIEA agreements.
• The Marshall Islands have not concluded any double taxation agreement.
• In 1992, the Marshall Islands implemented the International Business Companies Act, making it one of the leading offshore destinations. Since then, they have turned into an attractive jurisdiction.

Advantages of doing business in the Marshall Islands

Interesting location in Micronesia. This is also why China, Japan, Australia and the United States are among the largest trading partners. The most interesting markets for any entrepreneur! It can open a lot of new doors for you to grow your business. The main advantage of the Marshall Islands is anonymity. The register of companies is closed to the public. Information is 100% safe.

The names of the shareholders and directors are known only to the registration agent. The Marshall Islands is one of the last destinations that offers so-called non-immobilized owner shares, which allow their free movement around the world and a simple (completely anonymous) transfer to a new owner. A unique bonus that only a minimum of destinations can offer you. If we really want to achieve maximum anonymity, it is possible to use nominee services.

The tax system is an important aspect for those who do not want to lose their hard earned money. Why should you lose them? The Marshall Islands think you don't have to miss out! It is a popular offshore destination for its 0% tax, which is offset by a $450 fee to the government (with a capital of $50,000). However, there is an important condition that imposes that the business activities and management of the company will be carried out outside the territory of the Marshall Islands.

Minimal paperwork awaits you and your employees! Companies do not have to be audited and do not have to file tax returns. Companies only have to keep accounts and provide information about the place of its archiving. Financial statements are not submitted. This is a formal accounting, there is no obligation to hand it in or submit it for inspection. No minimum capital is required. Have style. Start your company in the Marshall Islands today.

Establishment offshore Marshall Islands

Be enchanted by the natural and taxing beauty of the Marshall Islands

This is one of the few places in the world where bearer shares can be issued. When using nominee services, there are no official records of the real owners. In the company register, which is partially accessible on the Internet, anyone can publicly check only whether the company exists , address and date of establishment of the company. The list of directors and shareholders is maintained only by the offshore company itself and the registration agent, this information is not available to the authorities either.

In 1990, the Marshall Islands adopted a law similar to the laws in Delaware, New York, and thus became one of the most respected offshore destinations in the world. Since 1991, the Marshall Islands have been a member of the United Nations.

The Marshall Islands IBC allows the issuance of shares to bearers and their free movement around the world. The Marshall Islands are among the leading offshore locations that have recently been increasingly sought after by professionals in the field of law, international trade and investment.

Among the clients who have chosen the Marshall Islands as their safe haven, you will most often find citizens of the United States, China, Japan and Australia. The official currency is the US dollar.

If you are looking for a TOP destination to ensure anonymity, protect the privacy of your assets while maintaining a high level of legislation, the Marshall Islands will provide you with protective wings. The Marshall Islands has already been rated as the jurisdiction providing the highest anonymity 6 times in the calendar quarter.

The legislation there distinguishes several types of companies, such as International Business Company („IBC“), General Partnership or Limited Partnership. The fulcrum of the Marshall Islands is the International Business Companies (IBC) Act. As of July 2013, approx. 63,000 IBC companies. The standard of quality and documents for the company is at a similar level as in Panama or the Seychelles or even in European onshore jurisdictions. Legislation is influenced by Anglo-American law (common law).

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