Marshall Islands Company
The Marshall Islands, officially the Republic of Marshall Islands (RMI), is an island nation in the western Pacific Ocean, located north of Nauru and Kiribati, east of the Federated States of Micronesia and south of US territory on Wake Island.
Requirements for registering an offshore company in the Marshall Islands:
DIRECTOR: At least one director. Corporations are allowed.
SECRETARY: A secretary is needed.
SHAREHOLDER: At least one shareholder. Corporations are allowed.
A shareholder, secretary and director may be one person.
SHARES AND CAPITAL: The standard share capital is 500 shares with no par value or 50,000 shares with a par value of 1 US dollar each. Bearer shares are permitted.
COMPANY NAME: must end with one of the following suffixes: Limited or Ltd.; Corporation or Corporation; Incorporated or Inc.; Société Anonyme or S.A.; Sociedad Anonymous or S.A.
Registration on the Marshall Islands takes 24-48 hours.
- Registration of companies in the Marshall Islands Non-resident companies in the Marshall Islands are exempt from taxes.
- No financial annual reports.
- The constituent documents on the Marshall Islands do not contain the name or identity of the shareholder(s) or director(s). These names remain non-public.
- A company cannot conduct business with companies or individuals residing in the Marshall Islands.
Should you need further assistance and/or advice, please do not hesitate to contact us.
The above information is only a brief description of the provisions of the relevant Law up to the date of publication of this Memo and in no way is exhaustive. Further professional advice should be sought for each particular case. Our firm does not accept any responsibility for any loss or damage occurring by acting on the basis of this information. Also, please visit our website for further updates.