United Kingdom vs Marshall Islands

1. Companies with profits exceeding £250,000 are subject to a main rate of 25% (effective from 1 April 2023).
2. Companies with profits not exceeding £50,000 are subject to a small profits rate of 19% (effective from 1 April 2023).
3. A tapered tax rate applies to profits falling between £50,000 and £250,000.

Within 10,000 US dollars, a corporate income tax of 80 US dollars is collected. Any excess amount is subject to a 3% tax. However, Non-resident companies not conducting business within the Marshall Islands are exempt from corporate income tax. This makes the jurisdiction attractive for offshore business activities as they do not have to pay taxes on income earned outside the Marshall Islands​​​. https://internationalwealth.info/en/offshore-taxes/everything-you-need-to-know-about-the-tax-system-in-the-marshall-islands/

Tax returns need to be submitted within one year after the end of the accounting period.

N/A for non resident companies

According to the scale of the payment company, there may be differences. For more information, please refer to the UK company summary.

N/A for non resident companies

According to the scale of the payment company, there may be differences. For more information, please refer to the UK company summary.

N/A for non resident companies

0/20/20

0%

0/20/20

0%

20

0

Capital gains are subject to the regular corporate tax rate.

0%

22.55

11.51