Maritime Academy Ltd. is the only school in the world training specialists in the offshore sector: IBC Managers and Lawyers. Dominica is one of the best offshore jurisdictions in the world where it is possible to register offshore companies, banks, insurance companies, ships and yachts. We train Managers who will be able to correctly operate an offshore company (IBC). We also train Lawyers who will be able to register offshore companies, banks, insurance companies, ships and yachts.
For Yachtsmen, Maritime Academy Ltd. not only provides yachting training and qualifications but also very important guidance on the formalities and regulations of operating, owning and maintaining a yacht.
It is common opinion that offshore business is illegal and involves lawless "pirate islands". In reality, offshore jurisdictions are more regulated than any other jurisdictions in the world making illegal transactions very difficult. Now in the era of globalization, people can choose the jurisdiction where they incorporate their company which also means they can choose where they pay taxes. This freedom makes some governments angry who traditionally "milk" their citizens through taxation. However, there exists in the world many small countries who don't have a wide range of resources to support a vibrant economy and therefore rely heavily on tourism and offshore business to survive. Offshore companies (companies registered in offshore jurisdictions) pay a fixed tax regardless of income. We believe that this leads to a more honest fiscal system since, in offshore companies, accounting tends to be transparent because tax is fixed. Having an offshore company encourages honest, transparent accounting and business activity.