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

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

You an alo establish a brokerage account wth Saxo Capital Markets in Singapore. With Saxo, yu cn trade vr 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 ds 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 ud t legitimately minimize tax by properly structuring financial nd business affairs.

A person working overseas ma b ble t limit his 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 r contract wth n offshore company th rght to receive fees due undr contract fr services.

People who 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 of wealth t n offshore company (again, ther ar n MI trusts) n avoid thse difficulties, th wealth is protected n stable environment well 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), 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 the 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 allow 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 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 b 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 to incorporate n offshore company cn hel ou avoid unnecessary and high taxes that wuld othrws b payable f th assets wer held directly. It an als 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 in property, stocks nd shares, commodities nd ther assets, whl 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 in whch th investments r located. There ar countries wth tax free bonds r bank deposits whre interest paid gross.

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