The Marshall Islands became a highly attractive jurisdiction for offshore company formation. Thanks to its economically and politically stable business environment, favourable and low tax regime together with unlimited business opportunities, it gives a numerous of business advantages. There are no requirements on reporting, based on which details of shareholders and directors are not available to the public.
This article gives you an overview on how to set up a company in the Marshall Islands and key points on how your business can benefit from it.
The cost of company incorporation in The Marshall Islands is Euro.
The Marshall Islands is a well-known and favored jurisdiction for establishing offshore companies. It statutorily exempts non-resident legal entities from corporate taxes in the Marshall Islands. It is a zero rate jurisdiction in relation to companies tax in the Marshall Islands, so international business companies do not need to pay such corporation taxes as tax on income, profits, dividends, royalties, compensation or other taxes applied to sources of revenue. Only tax resident companies (domestic business) pay taxes in the Marshall Islands. This article primarily covers tax matters applicable to non-resident domestic entities.
Although the process of company formation in Marshall Islands is fast and simple, the liquidation process requires some time and efforts.