REGISTRY FOR OVERSEAS PORTFOLIO INVESTORS
The FSM aspires to become the "Delaware of the Pacific.".
Benefits to portfolio investors and IP owners:
- Ease of registering corporations in the FSM
- No annual fees, and lower operating costs
- No withholding taxes
- Full credit is granted for foreign taxes paid
- Quick response to requests for good standing certificates or information
- For Japanese residents, an income tax deferral (pay currently 21%
versus 40% to 50%)
Other features which make the FSM attractive to foreign registrants:
- Stable democratic nation, with independent Judiciary
- US dollar currency and English language
- Very supportive relations with US and Japan
- 8 law firms, 4 accounting firms, 3 banks, 6 insurance companies
- FSM Embassy in Tokyo & Japan Embassy in FSM
- 20% of population has Japanese lineage
- Continental Airlines services all four states of the FSM