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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 is 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 f international business, wth no 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 the OTC FOREX market, nd ovr 13,000 stocks frm 24 major exchanges around th world including US, Canada (and TSX-V), London nd Singapore.

Marshall Islands Company dos nt hav th tainted "tax haven" reputation tht i aoitd with 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 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 and accumulate the 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 undr contract fr services.

People who travel th world nd expatriates oftn find tht thir connections wth 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) n avoid thse difficulties, the wealth i protected n stable environment wll aw frm th 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 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 th 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 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 f international companies wth n tax r reporting responsibilities. This meansyou save money nt nly frm zer corporate tax, but alo from reduced compliance nd 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 th costs nd time delays n probate.

You n protect our assets by setting u n offshore company n combination wth Trust. Choosing th right country to 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 lo hl protect assets frm creditors, adverse claimants nd othr 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, whil providing anonymity and 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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