A reliable jurisdiction is the one that complies with all international legal requirements, which guarantees that it will never be on the black or grey list. One of the criteria of a reliable business destination is the existence of economic substance requirements. In this article, we will discuss the peculiarities of the Economic Substance Rules in the Marshall Islands and the conditions that an International Business Company registered there should fulfill. Your IBC is expected to provide certain documents and pass 3 tests to prove economic substance. Read on for more information.
