Substance requirements in the Marshall Islands

Nothing is as important as economic substance if you want to open a company in the Marshall Islands. This jurisdiction endorsed the economic substance rules for IBCs for the first time on January 1st, 2019. Thus, the country has positioned itself as a reliable jurisdiction in the international arena, complying with regulations and providing a stable business framework. Substance requirements in the Marshall Islands bring this jurisdiction more transparency for the benefit of all businesspeopl...