| Marshall Islands Company Formation |
|
|||||
If properly-structured, Marshall Islands company formation is an ideal, tax-efficient way to conduct international business. The following information will help you determine whether Marshall Islands company formation is the optimum corporate structure to fulfill your international business objectives: |
||||||
| Advantages of Marshall Islands Company Formation | ||||||
1. |
If properly structured, Marshall Islands company formation is a legitimate way to book international profits without paying tax. The Marshall Islands is an ideal jurisdiction to establish a holding or investment company. |
|||||
2. |
A minimum of one shareholder and one director is required for Marshall Islands company formation. They need not be resident in the Marshall Islands, and can be any nationality. There is no public register disclosing shareholders’ and directors’ details. |
|||||
3. |
There are no minimum capital requirements for Marshall Islands company formation. |
|||||
4. |
Following Marshall islands company formation, it is not necessary to submit annual financial statements and tax returns to the government. |
|||||
5. |
The Marshall Islands government refuses to disclose beneficial owner information with the Organisation for Economic Cooperation and Development (OECD) or international governments. |
|||||
6. |
It is easy to open global corporate bank accounts to support Marshall Islands company formation. Healy Consultants works with internationally recognised banks such as HSBC, Standard Chartered and Citibank to provide corporate bank account services. |
|||||
| Disadvantages of Marshall Islands Company Formation | ||||||
1. |
The Marshall Islands may be perceived as an offshore tax-haven. |
|||||
2. |
The Marshall Islands ranks poorly as the 98th least easy place to do business, according to the 2010 Doing Business Survey by the World Bank. |
|||||
Considerations for Offshore Company Formation |
||||||
1. |
Offshore companies can be an excellent, tax-efficient vehicle for entrepreneurs to conduct their international business. When selecting an offshore jurisdiction, it is important to evaluate variables such as i) its international reputation for conducting business, ii) legalities that govern investor activity iii) the stability of its economy iv) the political stability of the market. |
|||||
2. |
While offshore corporations can have the significant advantage of legitimately minimising tax obligations, there can also be the disadvantage of carrying the tax haven stigma associated with some jurisdictions. More information on Healy Consultants offshore company services can be found on the following pages: |
|||||
i) |
||||||
ii) |
||||||
iii) |
||||||
iv) |
||||||
v) |
||||||
Contact Us |
||||||
For more information on Marshall Islands company formation, contact email@healyconsultants.com or call us at (+65) 6735 0120. |
||||||
Back to Asia Pacific Company Incorporation page or back to Home page. |
||||||
Purchase a copy of Healy Consultants' Asia Business Set Up book, to order call +65 6735 0120 or e-mail info@healyconsultants.com |
||||||
|
ARTICLES |
||
|---|---|---|
|
|
|
|
|
|
| © 2003-2010 Healy Consultants Pte Ltd | ASIA COMPANY SET UP SERVICES |