Registration of a company at Marshall Island

The state is a popular jurisdiction for international business.

This is facilitated by low taxes and attractive investment conditions.

There are attractive conditions for tax automation here.

Businessmen prefer to register a company in this jurisdiction due to a list of circumstances:

There is no currency exchange control;

Jurisdiction is one of the closest locations to the USA;

The possibility of creating a business like a classic English or American company;

It is possible to buy a ready-made company;

The country has signed the Hague Convention.

Fundamentals of the legislative framework

If you plan to open a company within the islands, the registration and activities of an offshore organization are regulated in compliance with the Companies Law adopted in 1990. The optimal form in accordance with the law is the creation of an IBC (international business company).

When organizing an offshore company, there are some prohibitions, including:

Acquiring and owning real estate in the jurisdiction area;

Carrying out commercial transactions with residents;

Provision of services as a registered agent for resident companies;

Involving resident companies in management.

Regarding taxation, there are no additional contributions for offshore business.

Unlike local companies, there is no need to pay income tax, transfer of shares, or stamp duty.

An additional advantage is minimal accounting support, this is due to the absence of the need to regularly submit reports.

Advantages of registering a business in the jurisdiction:

Easy accessible service;

Fast and easy company registration;

There is an optionof conducting business outside the Jurisdiction;

The tax information exchange agreements are not in effect;

There is no exchange control;

Loyal legislation is in force;

Zero tax rate when receiving income outside the jurisdiction;

Need of only one shareholder – a legal entity or an individual;

One director requirements;

Provision of nominal, director service;

Complete protection of personal data with a guarantee of confidentiality by law.