by Naomi T
Marshall Islands is a jurisdiction that provides one of the most viable corporate programs which has attracted thousands of international corporations, partnerships, limited partnerships, and limited liability companies in different parts of the world.
In 1990, the Marshall Islands Association Law was created based on the structure of corporate laws from New York and Delaware. It was further modified to acquire the same characteristics of a traditional offshore jurisdiction which has facsimile filings, bearer shares, and implementation of documents without the need for notary affidavits.
Meanwhile, a corporation may adopt the structure followed by US with its president, treasurer, and secretary, or UK which has a managing director and corporate secretary.
The most notable advan...More