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Marshall Islands
  • The Republic of the Marshall Islands is located in the Pacific, in the area of Micronesia, and consists of two groups of islands and atolls. The largest island is Majuro, and the capital of the republic under the same name is located on this island.
  • At different stages in their history, the Marshall Islands were a colony of Spain until 1885, a colony of Germany from 1917, and a colony of Japan until 1944. After 1945 the islands had the status of a territory ruled by the United States of America. In 1986 they became independent. The country is governed by a President who is appointed by a Senate.
  • Incorporation and management of non-resident companies in this country are regulated by the Association Law of the Republic of Marshall Islands 1990. This provides for full exemption of non-resident companies from taxation.

GENERAL INFORMATIONTotal area - 181 sq. km
Population - 70,000
Location - click here to see the map of offshore jurisdictions
Political status - republic
Capital - Majuro
Official language - English, Marshall
Official currency - USA Dollar (USD)
Time zone - GMT +12
Company typeNon-resident Domestic Corporation
Directors/OfficersMarshall Islands Non-Resident companies require a minimum of 1 Director, who may be a natural person or a corporate body from any legal jurisdiction.
Each Marshall Islands company must keep information on its Directors with the Registered Agent.
ShareholdersMarshall Islands Non-Resident companies require a minimum of 1 shareholder, who may be a natural person or a corporate body from any legal jurisdiction.
Each Marshall Islands company must keep information on its shareholders with the Registered Agent.
SecretaryMarshall Islands Non-Resident companies require a minimum of 1 Secretary, who may be a natural person or a corporate body from any legal jurisdiction.
Each Marshall Islands company must keep information on its Secretary with the Registered Agent.
Authorised share capital Standard authorised capital = USD 50,000.
There is no statutory requirement for capital to be fully or partly paid on incorporation.
Company Names The name of a Marshall Islands Non-Resident company must end with the words "Incorporated", "Corporation", "Limited", or suffixes such as "Inc.", "Corp.", "Ltd.", "S.A.", "GmbH", etc.
Company names containing restricted words such as "Bank", "Insurance", "Trust", "Assurance", "Imperial", "Royal" etc. will not be permitted unless an appropriate national operating licence has been obtained by the company.
Beneficial Ownership information Information with regard to ultimate beneficial ownership must be disclosed to the Registered Agent of the company and is held by the agent on a confidential basis.
Filing of Annual ReturnThere is no requirement to file an Annual Return.
Filing of Financial StatementsThere is no requirement to file Financial Statements in the Marshall Islands for Non-Resident companies.
Corporate TaxationMarshall Islands Non-Resident companies are not subject to corporation tax in the Marshall Islands.
Tax TreatiesMarshall Islands has not entered into any Double Tax treaties with other countries.
Timeframe for incorporation 4/5 working days. A complete set of company documents can be delivered in 4/5 weeks.
Takeover of management & secretarial services for an existing Marshall Islands Non-Resident companyPossible, following verification of Beneficial Ownership and agreement with and discharge of liabilities to previous corporate service provider in the Marshall Islands.
Description of incorporation documentsClick here for itemised description of company documents.
"Ready-made"("Shelf") companiesToday we have 3 "Ready-made" companies available in this jurisdiction
Price of Marshall Islands Non-Resident companyEUR 1,260, including incorporation costs, full domiciliary (Registered Agent/Office) costs, set of documents legalised by Apostille, including General Power of Attorney.
Cost of annual support servicesEUR 800 per year, including annual Government Duty, full domiciliary (Registered Agent/Office) costs, General Power of Attorney for current year.
  • INTERNATIONAL OVERSEAS SERVICES has the following comments:
  • The Marshall Islands are a classic tax-free jurisdiction that does not require complicated procedures for the company maintenance or annual reporting.
  • The jurisdiction also has LLC legislation known as the Republic of the Marshall Islands Limited Liability Company Act 1996, and companies of this type may be incorporated accordingly.
Info Lines:
Moscow:+7-495-7219072
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Kiev:+38-044-3617950
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Tallinn:+372-6680329