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Tips To Find An Offshore Bank Account For Asset Protection Purposes

Marshall Islands comprises 29 atolls nd 5 islands situated in the Pacific Ocean. It i n attractive business and financial center fr international companies nd eeill popular amng maritime companies.

Marshall Islands IBC tax-free corporation designed fr engagement int ll forms f international business, wth n reporting and record-keeping requirements and wth comprehensive confidentiality features.

opening f corporate bank account with internationally recognized banks suh HSBC, Standard Chartered, Citibank, Citic International, DBS bank and Loyal bank.

You an alo establish a brokerage account with Saxo Capital Markets in Singapore. With Saxo, yu cn trade ovr 160 currency n the OTC FOREX market, nd ovr 13,000 stocks from 24 major exchanges arund th world including US, Canada (and TSX-V), London nd Singapore.

Marshall Islands Company doe nt hav the tainted "tax haven" reputation tht i aoitd wth man othr offshore jurisdictions.

Marshall Islands i refusing t co-operative wth th OECD regrdng customer information exchange, thus making thi corporate jurisdiction a secure, long term solution. A low cost corporate vehicle, tht provd confidentiality nd limited liability protection.

A Marshall Islands Company formation ma b ud t legitimately minimize tax by properly structuring financial nd business affairs.

A person working overseas ma b ble t limit hi tax burden by receiving, int th country in whih h i working, a fixed level f remuneration nd accumulate th balance n n offshore company. Similarly, designers, authors, consultants nd entertainers ma assign or contract wth n offshore company th rght t receive fees due undr contract fr services.

People wh travel th world nd expatriates oftn find tht thir connections with foreign countries create uncertainties nd undesirable consequences for ther wealth on ther death.

The transfer f wealth t n offshore company (again, thr ar n MI trusts) an avoid thse difficulties, the wealth i protected n stable environment well aw from the unwanted attentions f th tax and inheritance laws f foreign jurisdictions.

Where person s domiciled utd territory nd owns assets located n tht territory (e.g., property), thn suh assets my b protected gnt inheritance tax nd higher rates f taxation by holding th assets thrugh n offshore investment company.

Offshore Companies n offer yu complete privacy. If th company shares r held by a Trust, the ownership i legally vested n the trustee, thus gaining th potential fr evn greater tax planning advantages.

You n set u Family nd Protective Trusts (possibly s an alternative t Will) wth n offshore company fr accumulation f investment income nd long-term benefits fr beneficiaries wthout high income, inheritance r capital gains taxes.

Certain countries uh a Marshall Island allw th formation of international companies wth no tax r reporting responsibilities. This meansyou save money nt nly frm zer corporate tax, but alo frm reduced compliance nd thr regulatory costs.

High net worth individuals gain privacy and save n professional fees by ung offshore companies s Personal Holding Companies. These entities m be suitable fr inheritance planning nd reducing the costs nd time delays n probate.

You n protect our assets by setting u n offshore company n combination wth Trust. Choosing th rght country t incorporate n offshore company cn hel ou avoid unnecessary nd high taxes tht wuld othrws b payable f th assets wer held directly. It an als hl protect assets frm creditors, adverse claimants nd othr parties; r hel ou secure aginst future claims uch bankruptcy, judgment creditors and thr litigants.

The offshore company investing n property, stocks and shares, commodities nd ther assets, whil providing anonymity nd tax savings. Funds accumulated cn b invested r deposited thrughout th world, althugh th funds m b subject to th tax regimes of th countries in whch th investments r located. There ar countries wth tax free bonds r bank deposits whre interest paid gross.

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