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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 n attractive business and financial center fr international companies nd eeill popular amng maritime companies.

Marshall Islands IBC is a tax-free corporation designed fr engagement int ll forms of 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 and Loyal bank.

You an alo establish brokerage account with Saxo Capital Markets n Singapore. With Saxo, yu cn trade ovr 160 currency n the 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 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 a secure, long term solution. A low cost corporate vehicle, tht provd confidentiality nd limited liability protection.

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

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

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

The transfer f wealth t n offshore company (again, there ar n MI trusts) an avoid thse difficulties, the wealth i protected n stable environment wll aw frm the 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), then suh assets m be protected gnt inheritance tax nd higher rates f taxation by holding the assets through n offshore investment company.

Offshore Companies n offer you complete privacy. If th company shares r held by a 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 n 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 llw th formation f international companies wth n 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 nd save n professional fees by ung offshore companies s Personal Holding Companies. These entities m b 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 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 n alo hl protect assets frm creditors, adverse claimants and thr 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, while 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 in whch th investments r located. There ar countries wth tax free bonds r bank deposits whre interest paid gross.

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