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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 a tax-free corporation designed fr engagement int ll forms f international business, wth n reporting and record-keeping requirements nd wth comprehensive confidentiality features.

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

You n alo establish a brokerage account wth Saxo Capital Markets n Singapore. With Saxo, yu cn trade over 160 currency n th OTC FOREX market, nd ovr 13,000 stocks from 24 major exchanges arund 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 th 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 to legitimately minimize tax by properly structuring financial and business affairs.

A person working overseas ma b ble to limit hi tax burden by receiving, into the country n 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 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 with foreign countries create uncertainties nd undesirable consequences for ther wealth on thr death.

The transfer f wealth t n offshore company (again, ther ar n MI trusts) n avoid thse difficulties, the wealth i protected n stable environment well aw from th 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), 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 u complete privacy. If th company shares r held by Trust, th 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 no 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 m be suitable fr inheritance planning nd reducing th costs and 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 nd high taxes tht wuld othrws b payable f th assets wer held directly. It an lso hl protect assets frm creditors, adverse claimants nd thr parties; r hel ou secure aginst future claims uch bankruptcy, judgment creditors and thr litigants.

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