Marshall Islands

Republic of the Marshal Islands, an independent sovereign island country located in the north Pacific ocean. Having more sophisticated infrastructure than any other country of the region and stable political and economical system due to finishing and recently developed tourism industry. Although sometimes reffed to as "controlled tourism", but still for most offering a great place for fishing, sailing or scuba diving in one of the lagoons. Offering great flexibility, great tax free solutions as long as your business doesn't engage in on of the following activities:

• Insurance
• Trusts
• Online gaming
• Banking

No offshore offers such a great confidentiality and ease of incorporation as the Marshall islands. No annual tax reports or accounts have to be returned to the government. With only one director and one shareholder and the usual share capital of 50,000 USD, witch mat not be not the lowest in the offshore list, but the advantages Marshal islands offer greatly out weight the cost.

Local requirements

The only requirements for a international business company in the Marshal islands are to have a registered local office and a local agent.

Some interesting facts:

Recently a shark sanctuary was declared almost doubling the total worlds sanctuary size at a 2,000,000 square kilometers. 

For 12 years starting 1948, U.S. tested 67 nuclear tests on some off the islands, including the largest test U.S. ever concluded. The "Ivy mike", U.S. fist hydrogen atomic bomb, island Elugelab was completely destroyed. 

I wouldn't recommend Marshal islands if you where looking for a place to go on your holidays, but besides that its one of the best places for offshore out there.