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Martinique

The ISO code of Martinique is MQ according to the ISO 3166 standard. The local name of the country is the same as its English name. Martinique capital city is Fort-de-France. People in Martinique speak the French language. On 15 September 1635, Martinique emerged as a sovereign political entity. In the year 09/15/1635, Martinique emerged as a sovereign political entity.

Martinique is located in the UTC -04:00 time zone, which is also called Atlantic Standard Time or AST. The internet country code top-level domain (ccTLD) for Martinique is .mq. The International dialing code for Martinique is 596. People in Martinique drive on the right side of the road. Martinique is not a landlocked country. It means that is is bordered by at least one major body of water.

A view in Martinique

Martinique is located in North America. Martinique is considered to be a developed nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life.

Doing business in Martinique

We offer various corporate services in Martinique jurisdiction. These services can serve both, people coming from Martinique and foreigners. If you plan on doing business in Martinique you might be interested in contacting us.

To find out about starting your business in Martinique click on company formation in Martinique.

To find out how to open a bank account in Martinique and moreover what type of account Confidus Solutions suggests to create, please click on bank account in Martinique.

Choose preferred service below or continue reading to find out more about Martinique.

Company formation Bank account (Corporate)Available banks Bank account (Private)

Demographics of Martinique

The total population of Martinique is 385,065 people. In Martinique, the population density is 349 people per square kilometer (908 per square mile). Because of this statistic, this country is considered to be densely populated. The ethnic diversity is almost uniform according to a fractionalization scale which for Martinique is 0. Martinique has approximately 61731 foreign immigrants. The median age is approximately 34.1 years. In Martinique, 74.94 in every 100 people use internet.

The majority religion of Martinique is Christianity, Martinique is considered to be a developed nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Click on a link to read more on demographics of Martinique.

Culture of Martinique

People in Martinique speak the French language. The first McDonalds in Martinique was opened on 16 December 1991, and it was located in Fort-de-France. One of the most popular national dishes of Martinique is pork colombo. To read more click on culture of Martinique.

Geography of Martinique

Martinique is located in North America. Its capital city is Fort-de-France. Martinique has no land borders.

The highest point of Martinique is Montagne Pelee, with its official height being 1397 m (4,584 ft). The most notable natural resources found in Martinique are coastal scenery and beaches, cultivable land.To read more click on geography of Martinique.

Economy of Martinique

The currency of the country is euro. The symbol used for this currency is €, and it is abbreviated as EUR. 26.4% of population in the country are unemployed. The total number of unemployed people in Martinique is 101,657. Each year, Martinique exports around $0.01 billion and imports roughly $3.1 billion. The Gini Index of the country is 53. Martinique is considered to be a developed nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Major industries in the country are sugarcane, bananas, coffea, pineapple, avocados, eggplants, citrus fruit, yams, cassava, sweet potatoes and exotic flowers, rum.

Personal income tax ranges from 0% to 40%, depending on your specific situation and income level. VAT in Martinique is 8.5%. To read more click on economy of Martinique.

Infrastructure of Martinique

Martinique has 4 airports nationwide.

The number of road motor vehicles per 1000 inhabitants in Martinique is 5. To read more click on infrastructure of Martinique.

Politics of Martinique

Martinique, is a president of regional council. The head of the government is Emmanuel Macron.

According to the World Bank Group, the government effectiveness index of Martinique is 0.67. This indicates that the government of Martinique is effective. Citizens enjoy well-organized public and civil services, and government efficiency is high. While some services may be lacking in certain areas, the overall environment fostered by government legislation is favorable.In Martinique, the legislative power is vested in a Regional Council. Martinique is a member of the United Nations (UN). On 27 October 1961, it joined the UN as a full member state. To read more click on politics of Martinique.

Environment of Martinique

Martinique emits 5.62 metric tons per capita of CO2. The number of road motor vehicles per 1000 inhabitants in Martinique is 5. To read more click on environment of Martinique.

Company formation in Martinique

The development of telecommunications and economic globalization has made it possible for interested investors to form companies around the world. With proper research, financial investments, and legal backing, business ventures can safely be established in Martinique.

When establishing a company in Martinique, an interested investor must do due diligence with regard to legal processes, international regulations, and sufficient investment for success. It is critical to understand cultural, social, and political factors of Martinique that will affect the establishment and growth of one's business. Contact us or click on company formation in Martinique to read additional information when setting up a business.

Bank account opening in Martinique

With the right paperwork and initial outlay, it is possible for a foreign citizen to open a bank account in Martinique. This opportunity for international accounts and investments offers several advantages based on economic regulations and tax structures. Interest rates and fees vary depending on your interests.

When considering opening a bank account in Martinique, one must enlist the help of international experts to guide them through the process. To find out more about our banking services click on bank account in Martinique or contact us.