As @Admin, @Martin Everson and many other contributors have pointed out, finding a bank is the easy part, but getting an account opened is where the difficulty lies.
I am about to fund a medium term research project that will not produce IP income for a number of years, so the corporate entity will be idle until it does, so low costs are desirable. Off shore works for several reasons, first secrecy from competitor prying eyes and second a UK RND status with all funding from off shore. The entity can be re-domiciled once invention is complete with all the required tax residency optimized. It seems that EPB is the only bank that would entertain an account for a Marshall Islands IBC.
What experience have others here had that might fit the profile of this type of project?
Thanks in advance for your insight and expertise.
RAZ
I am about to fund a medium term research project that will not produce IP income for a number of years, so the corporate entity will be idle until it does, so low costs are desirable. Off shore works for several reasons, first secrecy from competitor prying eyes and second a UK RND status with all funding from off shore. The entity can be re-domiciled once invention is complete with all the required tax residency optimized. It seems that EPB is the only bank that would entertain an account for a Marshall Islands IBC.
What experience have others here had that might fit the profile of this type of project?
Thanks in advance for your insight and expertise.
RAZ
