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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 th Pacific Ocean. It 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 of international business, wth n reporting nd 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 an alo establish brokerage account with Saxo Capital Markets n Singapore. With Saxo, yu cn trade ovr 160 currency n th OTC FOREX market, nd ovr 13,000 stocks frm 24 major exchanges arund th world including US, Canada (and TSX-V), London nd Singapore.

Marshall Islands Company doe nt hv th tainted "tax haven" reputation that 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 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 t limit hi tax burden by receiving, int th country in whih h i working, fixed level f remuneration nd accumulate th balance n n offshore company. Similarly, designers, authors, consultants nd entertainers ma assign r contract wth n offshore company th rght t receive fees due undr contract fr services.

People who travel th world and expatriates oftn find tht thir connections wth foreign countries create uncertainties nd undesirable consequences fr ther wealth on ther death.

The transfer of 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 the unwanted attentions f th tax nd inheritance laws f foreign jurisdictions.

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

Offshore Companies an offer yu complete privacy. If th company shares r held by Trust, th 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 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 a Marshall Island llw th formation f international companies wth n 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 my be suitable fr inheritance planning nd reducing th costs and 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 wuld othrws b payable f th assets wer held directly. It an alo hl protect assets frm creditors, adverse claimants and thr parties; r hel ou secure aginst future claims uch bankruptcy, judgment creditors nd thr litigants.

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