1.What is the Official language for an offshore company in the Marshall Islands?
English is the official language for an offshore company in the Marshall Islands.
2.Does a Marshall Island offshore company has access to Double Taxation Treaties?
No, the offshore companies have got no access to the Double Taxation Treaties.
3.What is the minimum paid-up capital for an offshore company in the Marshall Islands?
The minimum paid-up capital for an offshore company in Marshall Island is USD 1.
4.What is the minimum authorized capital for an offshore company in the Marshall Islands?
The minimum paid-up capital for an offshore company in Marshall Island is USD $50,000.
5.What are the different types of exempted taxes in the Marshall Islands?
The different types of taxes exempted in the Marshall Islands include:
● Corporate tax
● Dividend tax
● Capital Gains tax
● Inheritance tax
● Stamp duty