Marshall Islands Company – IBC

Description

Benefits of registering and incorporating a company in Marshall Islands

A Marshall Islands International Business Company (IBC), known as a Non-Resident Domestic Corporation (NRDC), is the country’s premier and most popular offshore company formation vehicle.
Its high attractiveness is due to a number of unique advantages, giving Marshall Islands offshore companies an unprecedented array of business possibilities.
For example, a Marshall Islands’ company may be taken public, raise capital, carry out third-party trading, act as an investment advisor and conduct business in any activity except banking, trust, insurance or gaming.

Marshall Islands Company Law

A Non-Resident Domestic Company is governed by the Business Corporations Act, which is under the Marshall Islands Associations Law of 1990, exempting all non-resident companies from having to pay any type of local taxes.
The offshore jurisdiction has a modernized corporate law that combines elements from both the US and the UK, making it a first class offshore financial centre.
The Marshal Islands has outstanding asset protection legislation and has long declined to collaborate with the OECD on any tax information exchange agreements.
Non-Resident Companies are also not required to file audited accounts, annual returns, or submit any financial records, details of its owners or any shareholder of the company, all the details of which are kept confidential.
Although the Marshall Islands jurisdiction is largely unknown, it remains one of the best offshore financial destinations in the Pacific.

Advantages of a Marshall Islands Corporation

No taxes of any kind
Tropical destination
Only one Director is required
Single ownership is possible
Modern corporate legislation
Flexible corporate structure
No public register of company officers including Director Shareholder and Secretary
Nominee services are available.
Free re-domiciliation
Low fees
English is the official language
Name of company can be in any language that uses the Latin alphabet
Wide range of business possibilities
Confidentiality ensured for Directors and beneficial owners
No audited of account sis required
No requirements to file accounts or annual accounts to the Government
No tax information exchange agreements
Meetings are not required
No exchange controls
Stable economic and political jurisdiction
Highly reputable offshore market
Many different types of shares are allowed to be issued

Offshore Company Top Uses

Asset management and protection
Tax optimization
Real Property Holding
Holding securities and bank accounts
Trust and estate planning
International trade
Holding patents and trademarks
Holding vessels

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