Company formation in Marshall Islands
The Marshall Islands , officially the Republic of the Marshall Islands (RMI), is a Micronesian island nation in the western Pacific Ocean, located north of Nauru and Kiribati, east of the Federated States of Micronesia and south of the U.S. territory of Wake Island. The Marshall Islands have no formal administrative division, but are divided into twenty-six legislative districts, which correspond to the inhabited islands and atolls of the country.
Requirements
Minimum of one Director. Corporations are permitted.
A Secretary is necessary.
Minimum of one Shareholder. Corporations are permitted. Shareholder(s), secretary and director(s) may be the same.
The standard share capital is 500 shares without par value or 50,000 shares with par value of USD 1.00 each. Bearer shares are permitted.
Must end with one of the following suffixes: Limited or Ltd.; Corporation or Corp.; Incorporated or Inc.; Soci t Anonyme or S.A.; Sociedad Anonima or S.A.
Key information
Status of the company: Marshall Islands Non-Resident Company.
Incorporation of Marshall Islands takes 24-48 hours.
Non-resident Marshall Islands companies are exempted from taxes.
No requirement to file financial statements, accounts or annual returns with the Marshall Islands authorities.
The Marshall Islands incorporation documents do not carry the name or identity of the shareholder(s) or director(s). As such no names appear on the public record.
The object of the Company is to engage in any act or activity that is not prohibited under any law. The Company can not carry on business with companies or individuals resident in Marshall Islands.
Fees
USD 500.00
USD 175.00
USD 175.00
USD 150.00
USD 100.00USD 400.00
USD 150.00 USD 500.00
USD 1250.00USD 1900.00
USD 1100.00