The Marshall Islands offers a favorable tax system for non-resident companies, as they are exempt from corporate income tax. This makes it an attractive jurisdiction for offshore business activities, as they do not have to pay taxes on income earned outside the Marshall Islands. The general corporate income tax rate is 80 US dollars for income up to 10,000 US dollars, with a 3% tax on any excess amount. There is also no value-added tax and no withholding tax for non-residents on dividends, interest, or royalties. However, there is limited information available on the Composite Effective Average Tax Rate and Composite Effective Marginal Tax Rate.