The Marshall Islands is located in the North Pacific Ocean, about halfway between Hawaii and Australia. It is an independent sovereign country in the Asia Pacific region and a fast growing offshore financial centre.
The official language is English. A Marshall Islands offshore company is a very flexible, tax free structure, with few restrictions on the business that the company can engage in.
The Marshall Islands is one of the few jurisdictions where the offshore company can be taken public; can raise capital from the public; carry out limited third party trading of securities, act as an investment advisor; invest funds for other people, and so on.
It can carry out virtually any legal business activity, except banking , insurance, trust and online gaming. Unlike other jurisdictions, “true” bearer shares are allowed. The only other jurisdictions providing “true” bearer shares are Antigua, Panama, Samoa and the Seychelles. “True” bearer shares are those which can be held in your possession and do NOT have to be held at the Registered Office and the owner declared.
The Marshall Islands has no tax information exchange treaties and refuses to corporate with the OECD on information exchange. Directors and owners are confidential and information does not have to be provided to either the Government or the Public. No
audited accounts or annual returns are required to be provided to the Government.