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Marshall Islands Incorporation: Corporate Advantages to Companies and Shareholders
Marshall Islands Incorporation: Corporate Advantages to Companies and Shareholders
While there are several offshore financial centers in the world that provide tax benefits and asset protection, business registration specialist Rikvin believes that Marshall Islands provides one of the best commercial and corporate services to its “non-resident” companies.
Singapore,
Singapore,
Singapore
(pr4links.com)
01/10/2010
"While there are several offshore financial centers in the world that provide tax benefits and asset protection, business registration specialist Rikvin believes that Marshall Islands provides one of the best commercial and corporate services"
While there are several offshore financial centers in the world that provide tax benefits and asset protection, business registration specialist Rikvin believes that Marshall Islands provides one of the best commercial and corporate services to its “non-resident” companies.
“Marshall Islands incorporation provides countless of advantages especially in terms of asset protection especially today when shareholders and directors are being sued even for the most frivolous reasons,” Rikvin said.
Companies and shareholders are most likely to be protected from lawsuits and claims because they enjoy reduced exposure and confidentiality, the firm added.
“Because there is no public registry revealing the names of shareholders and directors, they can enjoy greater privacy, something which is very important for the long-term viability of their companies,” Rikvin said.
Asset protection provides countless of advantages especially when it comes to future creditors and lawsuits.
Meanwhile, shareholders and directors can have a greater protection from divorce claims since the Marshall Islands Association Law can further strengthen the provisions which are stated under their prenuptial agreements between their spouses.
Protection of asset also means that companies incorporated in the Marshall Islands can avoid probate, a legal process in which a deceased person’s property is distributed. With this advantage, shareholders can protect their anticipated inheritance from such legal action.
When it comes to insurance coverage, offshore companies also enjoy greater protection from financial losses and risks.
“In case that insurance providers are unwilling or unable to cover a claim, companies under the Marshall Islands Association Law will enjoy coverage even in uninsured risks such as environmental hazards,” Rikvin said.
One of the most notable advantages of offshore companies is that there is no requirement for the submission of annual returns. This arrangement is a great advantage to businessmen and shareholders who want to protect sensitive data relating to their companies’ finances.
Currently, there are several business structures an offshore company can adopt including partnership, corporation, and private limited company (LLC).
Meanwhile, Rikvin believes that LLC is usually the most ideal structure since it combines the benefits and convenience of corporation and partnership.
“LLC features the well-structured operation in partnership while its shareholders enjoy limited liability which is the main feature of a corporation,” Rikvin said.
In strict legal terms, limited liability is an arrangement in which the personal assets such as cars, houses, and properties of a shareholder are protected from claims, lawsuits, debts, and financial losses of his business.
Contact Rikvin
Rikvin is the leading Marshall Islands Incorporation and work pass specialists. It has successfully assisted thousands of local and foreign entrepreneurs form a Marshall Islands Company.
Our office is located at Raffles Place, in the heart of the Singapore business district. ("CBD")
If you're in our neighborhood and want to discuss any aspect of our service then feel free to come in to our offices during business hours. Appointments are welcome but definitely not necessary.
20 Cecil Street, #14-01, Equity Plaza, Singapore 049705
Main Lines : (65) 6438 8887
Fax : (65) 6438 2436
http://www.rikvin.com/
About
Rikvin PTE LTD
address: 120 Telok Ayer Street Singapore 068589
phone: +6564388887 begin_of_the_skype_highlighting +6564388887 end_of_the_skype_highlighting begin_of_the_skype_highlighting +6564388887 end_of_the_skype_highlighting
email: info@rikvin.com
website: http://www.rikvin.com/
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