Marshall Islands Company Formation
Article Source:Youxinda Business
Popularity:6837
Published time:2014-12-09 12:13:41
The Marshall Islands are situated in the Central Pacific Ocean between Indonesia and Hawaii. Languages spoken are Marshallese and English, and the currency is the US Dollar. Non-native residents who set up a Marshall Islands Company will be lawfully exempt from all taxes.
Advantages
- No tax shall be declarable and payable by Marshall Islands IBC
- It is not required to disclose information concerning shareholders and directors
- Company can issue bearer shares
- It is not required to submit annual returns, accounts or financial statements
- No exchange controls, and easy to pool capital
- There is a stable political, economic and trading environment
General Requirements
- There shall be at least one shareholder and director
- Local registered address of company
Standard Registered Capital
- 500 no par value shares
Required Information and Time for Incorporation
- English name of company
- Copies of ID cards or passports of shareholders and directors
- Registration of company (requires 14 days or so)
- Purchasing a Shelf Company (requires 4 days or so)