Don’t let your offshore strategy fail due to non-compliance. This article demystifies the Marshall Islands ESRs, shows you how to pass the economic substance test, and explains industry-specific requirements. Whether it’s IP, shipping, or holding companies—we ensure full compliance on your behalf.
Read moreA reliable jurisdiction is the one that complies with all international legal requirements, which guarantees that it will never be on the black or grey list. One of the criteria of a reliable business destination is the existence of economic substance requirements. In this article, we will discuss the peculiarities of the Economic Substance Rules in the Marshall Islands and the conditions that an International Business Company registered there should fulfill. Your IBC is expected to provide certain documents and pass 3 tests to prove economic substance. Read on for more information.
Read moreRegistering a sham offshore company at a low cost thus evading taxes was never a good idea. All offshore companies should can benefit from economic substance that includes a company office, office equipment, a professional director, salaried personnel, and so on.
Read moreImportant amendments have been recently introduced to the Belizean legislation related to company economic substance requirements and corporate taxes.
Read moreBelize Economic Substance Act and other updated rules for IBCs: TIN, relevant activities, primary income, staff, office, FY reports, etc.
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