An International Business Company in the Marshall Islands can expect to meet with no corporate taxation. A company can be used for holding property and investments and for international trade, however, restrictions do apply to the business of banking, including trust services, insurance, assurance or reinsurance and gaming. No public filing of directors and shareholders is required, and just one director and one shareholder is necessary. A company can be created quickly, and board meetings may be conducted remotely over the telephone. Bearer Shares are permitted, so it’s a top option for an offshore company.
