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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 the Pacific Ocean. It i n attractive business and financial center for international companies nd eeill popular amng maritime companies.

Marshall Islands IBC i tax-free corporation designed fr engagement int ll forms f international business, wth no reporting and record-keeping requirements and wth comprehensive confidentiality features.

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

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

Marshall Islands Company dos nt hv th tainted "tax haven" reputation tht i aoitd wth man othr offshore jurisdictions.

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

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

A person working overseas ma b ble to limit h tax burden by receiving, nt th country in whih h i working, a 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 and expatriates oftn find tht thir connections with foreign countries create uncertainties nd undesirable consequences fr ther wealth n ther death.

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

Where person s domiciled utd territory nd owns assets located n tht 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 yu complete privacy. If th company shares r held by Trust, th ownership 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 n alternative t Will) wth n offshore company for 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 frm reduced compliance and thr regulatory costs.

High net worth individuals gain privacy nd 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 our assets by setting u an offshore company n combination wth a Trust. Choosing th right country t incorporate n offshore company cn hel ou avoid unnecessary and high taxes tht would othrws b payable f th assets wer held directly. It n alo hl protect assets frm creditors, adverse claimants nd other parties; r hel ou secure aginst future claims uch bankruptcy, judgment creditors nd thr litigants.

The offshore company investing in property, stocks and shares, commodities nd ther assets, whil providing anonymity and tax savings. Funds accumulated cn b invested r deposited thrughout the world, althugh th funds m b subject t th tax regimes f 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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