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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 nd financial center for international companies nd eeill popular amng maritime companies.

Marshall Islands IBC is tax-free corporation designed fr engagement int ll forms of international business, wth n reporting and record-keeping requirements nd wth comprehensive confidentiality features.

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

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

A person working overseas ma b ble to limit his tax burden by receiving, nt th country n whih h i working, fixed level f remuneration nd accumulate the balance n n offshore company. Similarly, designers, authors, consultants nd entertainers ma assign or contract with n offshore company th rght t receive fees due undr contract fr services.

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

The transfer f wealth t n offshore company (again, thr ar n MI trusts) an avoid thse difficulties, th wealth is protected n stable environment well aw frm 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 through n offshore investment company.

Offshore Companies n offer yu 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 a Marshall Island allw th formation of 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 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 a Trust. Choosing th rght country to incorporate n offshore company can hel ou avoid unnecessary nd high taxes that would othrws b payable f th assets wer held directly. It an lo 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 in 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 to th tax regimes f th countries n whch th investments r located. There ar countries wth tax free bonds r bank deposits whre interest paid gross.

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