Marshall Islands Company Formation
- Exceptionally fast incorporation – companies are formed within 3 days.
- There is no public register of beneficial owners, which ensures confidentiality.
- Companies incorporated by non-residents, deriving their income from outside the Marshall Islands pay no tax in that country.
- There is no requirement to file annual returns or annual accounts.
- Directors or shareholders may reside anywhere in the world.
- Annual meetings may be held anywhere in the world.
- Initial share capital required for incorporation is only $1 USD.
| Marshall Islands Company Incorporation fees | Marshall Islands Annual Compliance fees |
|---|---|
| Company Formation: £1840 | Registered Office: £760 |
| Registered Office: £760 | Annual Government fee: £80 |
| Chamber of Commerce | Shareholder & Directors Register Maintenance: £180 |
| Shareholder & Directors Register: £180 | Compliance fee: £200 |
| Due Diligence: per director and shareholder: £80 |
Types of Companies for Non-Residents
International Business Company (IBC)
Designed specifically for conducting business outside the RMI, it offers limited liability, tax exemption, and high confidentiality.
Limited Liability Company (LLC)
Flexible management, pass-through taxation, and ideal for holding or trading structures.
Annual Requirements – Marshall Islands
On a yearly basis a Marshall Islands Company must be renewed with the Registered Agent and Authorities in Marshall Islands.
Renewing your company ensures that it is kept in Good Standing with the authorities in Marshall Islands.
The following is included in a Marshall Islands yearly renewal:
- Registered Agent
- Registered Office
- Economic Substance Filing PIN
Directors, Shareholders and Secretary
For a Marshall Islands company registration, the minimum number of directors, secretary and shareholder is one.
The director, secretary and shareholder can be the same person.
The Director, Secretary and Shareholder details are not available to the public, no one can easily access the information as there are no filing requirements for a Marshall Islands company.