Geographically highly isolated, the Marshall Islands are located in the middle of the Pacific Ocean, midway between the Philippines and Hawaii. The country has a population of approximately 66,000 and its residents speak both English and Marshallese. The Marshall Islands provides trading and corporate services to non-resident companies and is a well-known and successful offshore financial center. The Republic of the Marshall Islands (RMI) offers sustainable business programs that have attracted thousands of international corporations and investments such as limited liability companies (LLCs), partnerships and limited partnerships (LPs). The Marshall Islands Corporations Act governs all non-resident corporations registered in the islands and is based on the Delaware corporations laws.

In general, companies registered in the Marshall Islands enjoy confidentiality protections with respect to international business partners, shareholders and company directors. The islands also offer corporate tax advantages: tax exemption for non-resident domestic companies, limited liability for company directors and no statutory registration requirements. The Marshall Islands also ensure the protection of financial assets with low capital requirements and favorable wealth management opportunities.

The International Business Company or International Business Corporation (IBC) is the most common type of company used on the islands. IBCs operate and can be used as separate legal entities holding bank accounts and securities and participating in joint ventures, estate planning, asset protection, international trade, vessel ownership and public offerings. There is no minimum authorized capital, no auditing requirements, and no exchange restrictions or residency requirements, and the jurisdiction also offers free domiciliation and flexibility in the frequency of meetings.

The main advantage of IBCs is that they give business owners the opportunity to increase profitability while reducing liability. This is due to the reduced liability of shareholders in the event of litigation or loss of business, which is limited to the total direct capital investment by the individuals involved in the company.

There are several requirements for IBC registration. At least one director, secretary and shareholder must be registered (they can be the same person); have a standard share capital of 500 shares of no par value (with bearer shares permitted) or 50,000 shares with a par value of USD 1.00 (approx. EUR 0.85); and the company name must end with Ltd, Corp, Inc or S.A. In general, starting an IBC company makes it easier for the company owner(s) to:

Maintain anonymity while conducting unlimited business transactions
Bypass embargoes and international sanctions while doing business in other countries
operate as a special purpose vehicle while conducting their business operations
Consolidate intellectual property while licensing and franchising business entities
Conduct international trading using the professional services and investment management options available in the country
to protect the assets of the shareholders
The Marshall Islands are a good choice for modern international business and offer attractive business opportunities. There are several areas in which an IBC could operate that are considered particularly attractive for investment: international trade and finance, including banking, and the maritime industry. These sectors are good choices for international investors looking to build a sustainable offshore business.

These areas offer both financial and legal benefits, such as: B. Zero taxation or lower tax rates, increased privacy with minimal risk of confidentiality issues, convenient access to deposits and protection from financial, social and governmental unrest in the directors'' home country.