Marshall Islands Company Formation
Marshall Islands Offshore Company
- Register your company in the Marshall Islands within 2 days (upon validation of your identification documents).* and 5 days,inclusive of your new bank account.
- Enjoy client confidentiality protection via secured systems.
- Get your company and bank account, including eBanking and credit card, opened by correspondence.
- A dedicated manager is available year-round to administer your company.
- Exempt from all taxes, including corporate , estate, inheritance, gift and stamp duties
- No reporting and recordkeeping requirements
- No exchange controls, and easy to pool capital
- It is not required to disclose information concerning shareholders and directors
- It has a stable political, economic and trading environment
Company Structures are Ideal for:
Intellectual Property Ownership (Trademarks, Patents) | International Trade/FOREX/GAMING | Financial Corporations | E-commerce Business | Investment Holding Company |
REQUIRED DOCUMENTS FOR MARSHALL ISLANDS INCORPORATION
- Passport of each shareholder/beneficial owner and director.
- -**We can appoint a local nominee Director in case you do not want to disclose your name on the public domain, but you will have control over all your structures upon our internal Board resolutions. (250US$ per year per local nominee appointment)
- Proof of residential address of each director and shareholder in English (not required if you are opting for a local nominee appointment service.
- The proposed 3 company names with ending suffix “Limited”, “Corporation” or “Incorporated”; or (b) the abbreviation “Ltd”, “Corp” or “Inc”
INCORPORATION FEES & TIMEFRAME
-
- Timeframe: within 2 to 3 business days
- 100% successful rate
- Fast, easy & highest confidential via secured systems
- Dedicated support officer (24/7)
ONE-OFF PRICE: US$ 900
Renewal fee: 250US$ per year
(including yearly financial account & maintenance of company).Package includes a Business Bank Account:
Choices of the following banks:
DBS Bank, Barclays PLC or Hong Kong Bank (HSBC)Package includes an internet banking access:
(DBS Bank, Barclays PLC or Hong Kong Bank)
MAIN CHARACTERISTICS OF A MARSHAL ISLANDS STRUCTURE
International Business Company (IBC)
| General Information | |
|---|---|
| Type of Business Entity | IBC |
| Corporate Income Tax | Nil |
| British Based Legal System | No |
| Double Tax Treaty Access | No |
| Incorporation Time Frame (Approx., days) | 6 |
| Corporate Requirements | |
|---|---|
| Minimum Number of Shareholders | 1 |
| Minimum Number of Directors | 1 |
| Corporate Directors Permitted | Yes |
| Standard Authorized Capital/Shares | 50,000 USD |
| Local Requirements | |
|---|---|
| Registered Office/ Registered Agent | Yes |
| Company Secretary | Yes |
| Local Meetings | No |
| Local Directors / Shareholders | No |
| Publicly Accessible Records | No |
| Annual Requirements | |
|---|---|
| Annual Return | No |
| Audited Accounts | No |
| Incorporation Fees | |
|---|---|
| Our Service Fee (1st year) | US$ 599 |
| Annual Renewal Fees | |
|---|---|
| Our Service Fee | US$ 599 |
| Including Yearly Financial Account & Company maintenance fee | |
Limited Liability Company (LLC)
| General Information | |
|---|---|
| Type of Business Entity | LLC |
| Corporate Income Tax | Nil |
| British Based Legal System | No |
| Double Tax Treaty Access | No |
| Incorporation Time Frame (Approx., days) | 6 |
| Corporate Requirements | |
|---|---|
| Minimum Number of Shareholders | 1 |
| Minimum Number of Directors | 1 |
| Corporate Directors Permitted | No |
| Standard Authorized Capital/Shares | 50,000 USD |
| Local Requirements | |
|---|---|
| Registered Office/ Registered Agent | Yes |
| Company Secretary | Yes |
| Local Meetings | No |
| Local Directors / Shareholders | No |
| Publicly Accessible Records | No |
| Annual Requirements | |
|---|---|
| Annual Return | No |
| Audited Accounts | No |
SCOPE OF SERVICES
International Business Company (IBC)
1. Company Formation Service Fee
| Services and Documents Provided | Status |
|---|---|
| Documents Preparation | ✓ |
| Certificate of Incorporation | ✓ |
| Memorandum and Articles of Association (M&A) | ✓ |
| Original signed Memorandum of the Registered agent appointing the First Director(s) | ✓ |
| First Board Resolutions | ✓ |
| Letter(s) of Consent to act as Director; | ✓ |
| Share Certificates | ✓ |
| Register of Directors | ✓ |
| Register of Members | ✓ |
| 1-year SecretarialService | ✓ |
2. Government Fee
| Services and Documents Provided | Status |
|---|---|
| Licence fee for IBCs with authorised capital of 50,000 USD | ✓ |
| Registered Office/Registered Agent Fee | ✓ |
US$ 1300< US$900
Company Type: International Business Company (IBC)
Governing Corporate Legislation: Governed by the Marshall Islands Business Corporations Act (BCA), which is similar to corporation laws in the United Kingdom and the United States.
Information Published Relating to Company Officers: No
Confidentiality: Non-Resident Companies are not required to file audited accounts, annual returns, or submit any financial records, details of their owners, or shareholders.
Accounting Requirement: No, as per Section 80 of the RMI Associations Law
Taxation: No taxes on offshore profits. While the company may not be liable to pay taxes, please consult with a tax/legal advisor in your country of residence to determine your own tax liability.
Legislation: Modern Offshore Legislation
Standard Currency: USD
Time to Form: 1 to 2 days (upon validation of your identification documents)*
Stability: The Marshall Islands has solid asset protection regulations.
Communication: Efficient communication means.
Time Zone: GMT +12
Secretary Required: Yes
Paid-Up Capital Requirement: Standard authorized capital: USD 50,000.00 or 500 shares without par value. Minimum paid up: USD 1
Renewal Date: Anniversary date of the company each year
Basis of Legal System: Common Law
Minimum Directors/Shareholders: Minimum of 1 director/shareholder
Bearer Shares: Bearer shares are permitted; however, BVML does not assist in registering companies with bearer shares.
