Marshall Islands - Attracting Entrepreneurs

Marshall Islands has become a popular jurisdiction for entrepreneurs and investors alike. The jurisdiction is considered to be a cooperative with OECD regulations, due to its international transparency standards exchange and agreeable stance on tax-related information exchange. Marshall Islands stable economic and political systems are incentives for entrepreneurs seeking to incorporate offshore, and to benefit from favourable tax laws and business practices. In fact, as an offshore jurisdiction, the Marshall Islands is the ideal location to set up a holding or investment company.

Advantages of Marshall Islands company incorporation

• Marshall Islands company incorporation takes only 20 days.
• There are only five simple procedures required to register a Marshall Ilsands company.
• The are no minimum capital requirements.
• Any potential incorporation fees are quite low. Retail business licenses are the least expensive, costing only U.S. $500.

The biggest corporate incentive for Marshall Islands offshore investments is statutory exemption from any corporate tax, income tax, corporate profit tax, withholding tax, asset tax, stamp duty or exchange controls. Because most foreign companies do not conduct business within the Marhsall Islands itself, their profits are 100% tax exempt. Furthermore, it is not required to submit annual financial statements and a resident director is not required for Marshall Islands company registration.

The World Bank’s annual Doing Business survey, rates the ease of doing business in 183 countries. The Marshall Islands overall rank improved 15 points in 2011, thanks to the country’s significant improvements in “getting credit”, based on the availability of credit information for both borrowers and lenders. This was due to a law passed in the Marshall Islands, which created a central collateral registry, established clear rules for secured creditors, and expanded classifications of collateral.

The Marshall Islands has the potential for great financial and economic development, and influence over foreign direct investments, which are welcomed and protected by the government. It is an attractive offshore jurisdiction for company incorporation for entrepreneurs and investors. A skilled, professional consultant can help you safely and securely incorporate your business in the Marshall Islands.