Incorporating in Marshall Islands
Company Formation in 3 Simple Steps
Step 1: Choose Your Company Type & Name
– Decide on the type of entity: typically an International Business Company (IBC) for offshore purposes.
– Select a unique company name and ensure it complies with Marshall Islands naming regulations.
– Reserve the name with the local registry.
Step 2: Prepare & File Incorporation Documents
– Draft the Memorandum and Articles of Association (or equivalent).
– Provide shareholder and director details (individuals or corporate entities).
– Submit the documents to a licensed Marshall Islands Registered Agent for filing.
– Pay the incorporation and registration fees.
Step 3: Receive Your Certificate & Start Operations
– Once approved, you receive your Certificate of Incorporation.
– Open a bank account, if required, and issue shares to shareholders.
– Your company is now legally ready to operate internationally.
Opening an Offshore Company in Marshall Islands
For all those interested to incorporate in Marshall Islands, TBA & Associates offers a full range of mandatory and optional services to ensure your company remains fully compliant with local regulations.
Company formation in 1 day
Dedicated support
Request our Business Report with all Services and Fees
For your full analysis, before you take any decision
Company Formation in Marshall Islands
Main Requirements
Shareholders
At least one shareholder is required (can be an individual or a corporate entity)
Shareholders can be non-residents
Ownership details are private and not publicly disclosed
Directors
Minimum one director required
Directors can be of any nationality and do not need to reside in the Marshall Islands
Company Secretary
Not mandatory, but many incorporators appoint a secretary for administrative purposes
Registered Office and Agent
A local registered agent is required
The company must have a registered office in the Marshall Islands
Share Capital
No minimum share capital requirement
Can issue one or more shares, in any currency
Corporate Name
Must include “Corporation,” “Incorporated,” or an abbreviation (Inc./Corp.)
Name must be unique and approved by the Registrar
Incorporation Documents
Articles of Incorporation must be filed with the Registrar of Corporations
Payment of incorporation fees
Accounting and Reporting
No mandatory local accounting or auditing for non-resident companies
Annual reporting requirements are minimal
Main Uses of a Marshall Islands Company
A Marshall Islands offshore company serves various purposes
Professional services
Ideal for individuals working overseas to minimize their tax burden and accumulate income in an offshore company. It’s also suitable for designers, authors, consultants, and entertainers who can assign their income to an offshore company.
Inheritance planning
Offshore companies can help mitigate uncertainties and unfavorable consequences related to inheritance when assets are held in different countries.
Estate planning
An offshore company, in combination with a trust, provides accumulation of investment income and long-term benefits for beneficiaries, while avoiding high taxes
Conducting business with low or no corporate taxes
Marshall Islands companies are tax-efficient, saving money by reducing compliance and regulatory costs.
Asset protection
Shields assets from creditors, adverse claimants, or other parties and secures against future claims like bankruptcy, judgment creditors, and litigants.
Investment companies
Ideal for investing in property, stocks, commodities, and other assets while providing anonymity and tax savings.
Shipping companies
Offshore companies can own ships and yachts, offering a cost-effective method of ownership.
Overseas property
Simplifies property transfer by transferring ownership through company shares, avoiding complex and expensive sales or probate procedures.
Employment companies
Reduces payroll costs and travel expenses for employees working abroad.
Single-purpose trustee
Provides more control during the client’s lifetime and saves on third-party trustee fees by creating a corporate trustee for a family trust.
Brand New and Shelf Companies Available
TBA & Associates can offer you both new incorporation and ready-made companies, inclusive bank account opening services in the Marshall Islands and worldwide
Should you have any Question or Matter setting up your company in Cyprus, do not hesitate to contact us!
Our Business Development Team is ready to Guide and Assist you!
