Micronesia investment guide

Thinking of doing business in Micronesia Tax and Investment Pro ?le for Micronesia C CTo our clients and friends Investment in Micronesia is one of a series of booklets prepared by Deloitte and designed to provide information on a number of subjects important to those contemplating making investments or doing business in Micronesia This booklet is a general guide to the regulatory and tax aspects of investments or business activities within ?ve distinct jurisdictions of Micronesia It re ects information available at January If you are contemplating doing business in Micronesia you should consult with your investment and tax advisors Deloitte would be pleased to assist you For further information please contact any of our o ?ces which are listed on the following page of this booklet Deloitte Touche LLP January Tax and Investment Pro ?le for Micronesia Thinking of doing business in Micronesia COur Partners Daniel S Fitzgerald Chief Executive O ?cer Managing Partner Audit ERS Jerold Filush Risk Reputation Leader Partner Audit ERS Lee H Vensel Partner Audit ERS Michael Johnson Partner Audit ERS Wei-Li Tung Partner Audit ERS Joe M Arnett Partner Tax Services CContact us Commonwealth of the Northern Mariana Islands P O Box Saipan MP - Tel - Fax - Federated States of Micronesia P O Box Kolonia Pohnpei Federated States of Micronesia Tel - Fax - Guam S Marine Corps Dr Tamuning Guam - Tel - Fax - Republic of the Marshall Islands P O Box Majuro Republic of the Marshall Islands Tel - Fax - Republic of Palau P O Box Koror Republic of Palau Tel - Fax - Tax and Investment Pro ?le for Micronesia Thinking of doing business in Micronesia COverview The islands of Micronesia lie scattered across the Western Paci ?c just above the equator and cover an ocean area as large as the continental United States million square miles Nature chose to spread the combined land mass of approximately square miles over the more than beautiful Micronesian islands Population and Language Over people live within Micronesia with nearly ?fty percent residing on the island of Guam While nine major distinct languages are spoken English is the principal business language throughout the islands Legal Entities Micronesia encompasses ?ve distinct legal entities ? Commonwealth of the Northern Mariana Islands ? Federated States of Micronesia ? Guam ? Republic of the Marshall Islands ? Republic of Palau Currency The United States dollar is the basic currency throughout Micronesia A Brief History The United States was ceded the Territory of Guam in at the conclusion of the Spanish- American War Administration was assigned to the United States Navy until at which point a civilian governor was appointed The ?rst elected governor took o ?ce in The remaining islands became a United Nations Trusteeship administered by the United States in The Trusteeship remained intact until the covenant to establish the Commonwealth of the Northern Mariana Islands was signed in In the island governments of Kosrae Yap Chuuk and Pohnpei became the Federated States of

  • 23
  • 0
  • 0
Afficher les détails des licences
Licence et utilisation
Gratuit pour un usage personnel Aucune attribution requise
Partager