MARSHALL ISLANDS OFFSHORE COMPANIES (IBC)
BENEFITS
Among the benefits that are specifically enjoyed are the following:
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Marshall Islands IBCs can carry out businesses anywhere except for its jurisdiction
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Acquire land or property anywhere in the world
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Hold meetings of its directors or members anywhere in the world
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Maintain corporate bank accounts anywhere
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Issue bearer shares
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No par value shares are permitted
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Undisclosed beneficial owner, directors and members
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The director does not have to reside within the territory
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No annual return and/or audited accounts required for filing
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The Marshall Islands has no tax information exchange treaties
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The Marshall Islands is one of the few jurisdictions where the offshore company can be taken public; can raise capital from the public, carry out limited third party trading of securities, act as an investments adviser, and invest funds for other people
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Only one director is required, and can be a natural or legal person
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Only one shareholder is required, and can be a natural or legal person
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Meetings of directors and shareholders can be held anywhere
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Has a minimum of one share, and an unlimited maximum of shares
