Jurisdictions >> Marshall Islands Offshore Company
Marshall Islands Company. Marshall Islands Company Formation. Benefits of Marshall Islands Offshore Company
Worldwide Incorporation Services specializes in Marshall Islands Company Formation and opening bank accounts.
Ready-Made Marshall Islands Companies
This is a list of ready-made companies available as of today.
Marshall Islands Ready-Made Companies Not On The List
We also have a number of Marshall Islands offshore companies that are not listed on the web site. If you are looking for something specific or that has a certain name, please contact us to see if we have it.
Marshall Islands – General Information
Location: Oceania, two archipelagic island chains of 29 atolls, each made up of many small islets, and five single islands in the North Pacific Ocean, about halfway between Hawaii and Australia.
Area: total: 181 sq km, land: 181 sq km, water: 0 sq km; note: the archipelago includes 11,673 sq km of lagoon waters and encompasses the atolls of Bikini, Enewetak, Kwajalein, Majuro, Rongelap, and Utirik.
Natural resources: Coconut products, marine products, deep seabed minerals.
Population: 74,539 (July 2017 est.).
Capital: Majuro; note – the capital is an atoll of 64 islands; governmental buildings are housed on three fused islands: Djarrit, Uliga, and Delap.
Time Zone: UTC+12.
Languages: Marshallese (official) 98.2%, other languages 1.8% (1999 census).
Government type: Presidential republic in free association with the US.
Legal system: Mixed legal system of US and English common law, customary law, and local statutes.
International organization participation: ACP, ADB, AOSIS, FAO, G-77, IAEA, IBRD, ICAO, ICCt, IDA, IFAD, IFC, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, ITU, OPCW, PIF, Sparteca, SPC, UN, UNCTAD, UNESCO, WHO.
Economy: Agricultural production, primarily subsistence, is concentrated on small farms; the most important commercial crops are coconuts and breadfruit. Industry is limited to handicrafts, tuna processing, and copra. Tourism holds some potential. The islands and atolls have few natural resources, and imports exceed exports.
The Marshall Islands received roughly $1 billion in aid from the US during the period 1986-2001 under the original Compact of Free Association (Compact). In 2002 and 2003, the US and the Marshall Islands renegotiated the Compact’s financial package for a 20-year period, 2004 to 2024. Under the amended Compact, the Marshall Islands will receive roughly $1.5 billion in direct US assistance.
Currency: US dollar.
Key Benefits of Marshall Islands Company
- 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
- A Marshall Islands IBC requires a minimum of one shareholder
- A Marshall Islands IBC requires a minimum of one director
- 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
Marshall Islands Company – Legislation
- 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
- A Marshall Islands IBC requires a minimum of one shareholder
- A Marshall Islands IBC requires a minimum of one director
- 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
Marshall Islands IBC – International Business Company
Marshall Islands Company Registration – Key Facts
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
A Marshall Islands offshore company cannot trade within the Marshall Islands. Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.
Registered Agent Required
Each Marshall Islands Offshore Company must have a Registered Agent in the Marshall Islands.
Registered Office Required
Each Marshall Islands Offshore Company must have a Registered Office in the Marshall Islands, provided by a licenced service provider.
Directors
A Marshall Islands Company requires a minimum of one director. Director can be of any nationality and need not be resident in the Marshall Islands. Corporate directors are permitted.
Shareholders
A Marshall Islands Company requires a minimum of one shareholder.
Publicly Accessible Records
No.
Nominee Shareholders and Nominee Directors
Allowed.
Location of Meetings of Directors and Shareholders
Anywhere.
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”, “Societe Anonyme”, “Sociedad Anonima” or Ltd, Corp., Inc., PLC, S.A. must be part of the name of every Marshall Islands company.
Time to Incorporate
1-2 days.
- We’ve been helping business owners since 1998
- Incorporating your business is our focus
- We make a complex process fast and easy
- We work closely with Marshall Islands Companies Registry to guarantee our service
Marshall Islands Company Formation – Office Addresses
Services related Marshall Islands Company | Marshall Islands Company Registration
Worldwide Incorporation Services provides the following services related Marshall Islands Registration:
- Marshall Islands Company Formation
- Registered Office and Agent Services in the Marshall Islands Offshore
- Company Secretarial Services
- Nominee Shareholder / Nominee Director
- Opening of Bank Accounts
- Full Company Administration Services
- Mailing Address in the Marshall Islands
- Trademark Registration
- Yacht Registration in the Marshall Islands
Interested in Marshall Islands Company Formation?
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Tags: Marshall Islands Offshore Company | Offshore Company Marshall Islands | Incorporate In Marshall Islands | Marshall Islands Company Registration
