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Tips To Find An Offshore Bank Account For Asset Protection Purposes

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

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

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

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

Marshall Islands Company des nt hv th tainted "tax haven" reputation that i aoitd with 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 usd to legitimately minimize tax by properly structuring financial nd business affairs.

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

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

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

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

Offshore Companies n offer you complete privacy. If the company shares r held by Trust, the ownership i legally vested n th 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 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 from reduced compliance and thr regulatory costs.

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

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

The offshore company investing in property, stocks nd 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 f th countries n whch th investments r located. There ar countries with tax free bonds r bank deposits whre interest paid gross.

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