Marshall Islands Company Formation now Comes with a Free Redomiciliation
Released on = December 28, 2005, 5:51 am
Press Release Author = Marshall Islands Company Registration
Industry = Financial
Press Release Summary = Marshall Islands Corporate Registry is extending its free redomiciliation program indefinitely.
Press Release Body = In what can only be described as excellent news for anyone using offshore companies throughout Asia, the Marshall Islands Corporate Registry is extending its free redomiciliation program indefinitely. For any individual or business wishing to save hundreds or perhaps even thousands of dollars, companies based in jurisdictions like the British Virgin Islands (BVI), Mauritius, Delaware, Isle of Man, or other offshore centers may redomicile (i.e. change a company’s corporate jurisdiction) into the Republic of the Marshall Islands at no cost ($0) and receive a one year waiver of the annual fee from the Marshall Islands Registry.
This free redomiciliation program has proven immensely popular with company secretarial firms, law firms, accountants and other professionals throughout Asia and the rest of the world. The redomiciliation process is quite easy and can be accomplished in most cases within one working day. Redomiciliation is a well-recognized legal concept, which is utilized in most major corporate jurisdictions. Furthermore, the Marshall Islands has had a great deal of experience in this area with companies ranging in size from single shareholder/family-owned firms to large multinational, publicly-traded companies redomiciling from another jurisdiction into the Republic of the Marshall Islands. Recently, many companies incorporated in the BVI, Niue, Mauritius, Isle of Man, Delaware, Liberia and other jurisdictions have redomiciled into the Marshall Islands through the Asian offices of International Registries (Far East) Ltd., which, along with its affiliates, administers the Marshall Islands Corporate Registry. http://www.register-iri.com.hk/company-incorporation.html
To learn more about the advantages and procedures regarding redomiciliation into the Republic of the Marshall Islands, please visit our website for the Asian market at www.register-iri.com.hk
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