Key Benefits – Marshall Islands — Interstatus – Group of Companies Key Benefits – Marshall Islands – Interstatus – Group of Companies

Advantages of The Marshall Islands incorporated companies:

  • Advanced liberal laws are applicable to offshore companies.
  • Confidentiality: no personal information on beneficiaries, shareholders or officers of the company is required by the registrar.
  • There is no minimum and maximum share capital requirement and capital can be denominated in any currency.
  • Companies can be set up with just one shareholder who is either a natural person or a corporation and may be the resident of any country.
  • The company may use nominee services (director and shareholder).
  • The opening of a bank account does not require a personal visit to the bank from the company representative.
  • The office can be maintained and documentation may be kept in another country.
  • There are no exchange controls.
  • Bearer shares and shares without par value are allowed.
  • Company administration is straightforward without a requirement for many staff and management can be carried out from any country.
  • There is no requirement for financial statements or statutory auditing.
  • Re-domiciliation is allowed from other jurisdictions.
  • There is no requirement for annual meetings of directors and shareholders but, if needed, the meetings can be held in any part of the world.
  • Offshore companies with no operation in The Marshall Islands are tax exempt.
  • Economic and political stability.