If you have already decided to create your offshore bank account in the Marshall Islands, it is time to know what are the benefits that can bring you to create an account in that region.

To begin with, the first thing you need to know is that IBCs in the Marshall Islands have the possibility to conduct business anywhere in the world except their jurisdiction as such. Also, the option of obtaining land or property in any jurisdiction is opened.

It is not necessary to establish meetings in person; their members can arrange meetings virtually from any country. Thus, it allows to maintain corporate bank accounts in different countries. It is possible to issue bearer shares, however, no shares with a par value are allowed.

The information of the directors or the members involved is not disclosed, and the director is not obliged to remain in the territory.

In tax terms, there is no annual return or audited accounts to be filed, and there are no exchanges of tax information.

The Marshall Islands is considered one of the few tax jurisdictions in which the offshore company can be taken public, so that it can increase the capital by the public, and also carry out the third part limited securities trading, to act as an investment advisor and be able to invest funds for others.

At a minimum to function, only one director and one shareholder are necessary, and both can be a natural or legal person. An action must be done as a basic measure and the maximum is unlimited.

At Foster Swiss we help you with practically everything: we provide advice from the moment you choose a corporate structure for your company until even one year after you have incorporated your company. And of course we take care of the whole process for you.

For more information on this topic or any requirement related to our services, you can contact directly through info@fosterswiss.com