Typical and very popular tax haven located in Micronesia, in the middle of the Pacific Ocean. Companies do not pay any tax on income from anywhere in the world and need not submit a Financial Statement. Establishing a company is easy and fast - in most cases it does not take more than 3-4 days. A filled in and signed order is required, as well as a copy of a passport and a document with the name and address not older than three months.
An offshore company registered in the Marshall Islands must have at least one director who may be of any nationality. If you do not want to be the company director for any reason, you can use the services of a nominee director.
The shares can be registered or anonymous bearer shares. A company with bearer shares can be used for anonymously holding shares in other (e.g. British or American) companies. The disadvantage of bearer shares is the problem of opening a bank account - most banks refuse to open an account. If a bank account is a necessity but you do not want to appear in the company as a shareholder, you can use the services of a nominee shareholder.
In addition to the Marshal Islands, bearer shares are only permitted in Belize, BVI and Panama (the share certificates must be in the custody of the registration agent in all cases).
The costs of establishing an offshore company in the Marshal Islands, including a registered office, a registration agent, standard company documents verified by a notary and Apostille, share certificates, stamp and delivery by courier are EUR 1,150.
The fees for additional years (registered office, registration agent, flat tax) are EUR 900.
Optional services to keep directors and shareholders anonymous:
Nominee director - natural person EUR 500 a year (including one general Power of attorney verified by a Notary with Apostille and an undated resignation)
Nominee shareholder - corporate body EUR 500 a year (including a Declaration of Trust, verified by a Notary with Apostille)