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Incorporation of Company

Offshore Jurisdictions
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Marshall Islands

The Marshall Islands are located in the North Pacific Ocean, about halfway between Hawaii and Australiaand are considered an independent sovereign country in the Asia Pacific region as well as a fast growing offshore financial center. A Marshall Islands company has a tax-free status, including exemption on all income tax. There is a choice regarding public records: you may choose to file information on the director/shareholder at the Public Register, or you may keep it confidential.

 

Advantages of Incorporating in the Marshall Islands

  • Exemption from all local taxes and stamp duty
  • Maximum confidentiality and anonymity
  • Ease of operation, maintenance and control
  • Asset security
  • No disclosure or minimum capital requirements
  • The minimum number of shareholders is one
  • The minimum number of directors is one
  • Corporate directors and shareholders are permitted
  • Excellent and flexible post-incorporation follow-up services
  • No statutory requirement to hold annual general meetings
  • Highly competitive fees and costs
Principal Corporate Legislation: The Associations Law of the Republic of the Marshall Islands 1990.
Type of Law: Common
Language of Legislation and Corporate Documents: English
Type of Company for International Trade, Investment & Tax Planning: International Business Company (IBC)

 

Marshall Islands - International Business Company

Share Capital
Standard authorised share capital is US$50,000. Minimum paid up share capital is US$1.
Classes of Share Available
Registered shares, shares of no par value, preference shares, redeemable shares and shares with or without voting rights.
Bearer Shares
Bearer shares are permitted.
Restrictions on Trading
Cannot trade within the Marshall Islands. Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.
Registered Office Required
Yes, must be maintained in the Marshall Islands.
Directors
The minimum number of directors is one. Director can be of any nationality and need not be resident in the Marshall Islands. Corporate directors are permitted.
Shareholders
The minimum number of shareholders is one.
Nominee Shareholders and Nominee Directors
Allowed.
Location of Meetings of Directors and Shareholders
Anywhere.
Disclosure of Beneficial Ownership to Authorities
No.
Personal Presence Required
No.
Taxation
Nil.
Double Taxation Treaty Access
None.
Requirements to File Accounts
None.
Requirement to File Annual Return
None.
Audit Requirements
None.
Currency
US Dollar.
Exchange Control
None.
Language of Name
English.
Restricted Words
Words such as "Assurance", "Bank", "Building Society", "Royal", "Trust Company", "Trustee Company" etc. are not allowed.
Name of a Company
The words "Limited", "Corporation", "Incorporated", "Public Limited Company", "SocieteAnonyme", "SociedadAnonima" or Ltd, Corp., Inc., PLC, S.A. must be part of the name of every company.
Time to Incorporate
Three days.
Shelf Companies
Marshall Islands Shelf companies are available.

 

Cost of Formation: Request a quotation

 

Services

Card PMT provides the following services in the Marshall Islands:

  • Marshall Islands Company Incorporation
  • Registered Office and Agent Services
  • Company Secretarial Services
  • Nominee Shareholder/Nominee Director
  • Opening of Bank Accounts
  • Full Company Administration Services
  • Mailing Address
  • Trademark Registration

 

 

Please contact us for your free initial consultation.

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Please contact us for information about incorporation of companies in other offshore jurisdictions.

 

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