Marshall Islands company

Marshall Islands offshore company formation

Start your Marshall Islands offshore company with fees as low as $1,000.00!

Marshall Islands

The Republic of the Marshall Islands (RMI) is situated nearly midway between Hawaii and the Philippines, and is the easternmost island group in Micronesia. The country consists of two parallel chains of atolls and islands in the central Pacific Ocean, known as the Ratak (Sunrise) chain and Ralik (Sunset) chain. Together, the RMI is comprised of approximately 1,225 islands and islets, which spread across a sea area of 1.9 million square kilometers.

Marshall Islands Offshore company

The Republic of the Marshall Islands (RMI) Business Corporations Act (BCA) is modeled after the corporate laws of the United States (US) and the United Kingdom (UK), and allows for the appointment of a Managing Director and Corporate Secretary. Under the BCA, the board of directors and corporate officers may be individuals or business entities. Additionally, there is no mandatory requirement to file the names of directors, officers, or shareholders with the Registrar of Corporations or Registered Agent. However, this information may be filed or recorded voluntarily.

International Business Corporations (IBCs) are one of the most widely used business vehicles. IBCs are considered distinct legal entities and are utilized for a variety of purposes, such as holding securities and bank accounts, entering joint ventures, trust and estate planning, asset protection, public offerings for raising capital in world markets, international trade, and holding vessels. IBCs give owners the ability to maximize profitability while minimizing personal liability. In the event of a business loss or lawsuit, shareholder liability is limited to his/her direct capital investment in the corporation.

Benefits of Incorporation in Marshall Islands

  • Marshall Islands IBCs can carry out businesses anywhere except for its jurisdiction
  • Acquire land or property anywhere in the world
  • Hold meetings of its directors or members anywhere in the world
  • Maintain corporate bank accounts anywhere
  • Issue bearer shares
  • No par value shares are permitted
  • Undisclosed beneficial owner, directors and members
  • The director does not have to reside within the territory
  • No annual return and/or audited accounts required for filing
  • The Marshall Islands has no tax information exchange treaties
  • The Marshall Islands is one of the few jurisdictions where the offshore company can be taken public; can raise capital from the public, carry out limited third party trading of securities, act as an investments adviser, and invest funds for other people
  • Only one director is required, and can be a natural or legal person
  • Only one shareholder is required, and can be a natural or legal person
  • Meetings of directors and shareholders can be held anywhere
  • Has a minimum of one share, and an unlimited maximum of shares

Offshore Company Fees and Charges

Services1st year fee / One time feeAnnual feee
Company formation, local fees, registred office, registred agent, basic set of company documents€ 990€ 890
Nominee director, incl. Apostilled POA - natural person€ 350€ 350
Nominee shareholder - natural person€ 250€ 250
Signing of documents by Nominee€ 30
Apostille and Notarial€ 150
Notarial Certification€ 80
Issunace of Additional POA € 65
Issunace of Additional POA with Apostille € 215
Courier dispatch services€ 100
Certificate of Good standing € 175
Certificate of Good standing with Apostille€ 325
Certificate of Incumbency€ 120
Certificate of Incumbency with Apostille€ 270