Marshall Islands

Corporate Information

General Information

Total area – 181 sq. km
Population – 70,000
Location – click here to see the map of offshore jurisdictions
Political status – republic
Capital – Majuro
Official language – English, Marshall
Official currency – USA Dollar (USD)
Time zone – GMT +12

Company type

Non-resident Domestic Corporation

Directors/Officers

Marshall Islands Non-Resident companies require a minimum of 1 Director, who may be a natural person or a corporate body from any legal jurisdiction. Each Marshall Islands company must keep information on its Directors with the Registered Agent.

Shareholders

Marshall Islands Non-Resident companies require a minimum of 1 shareholder, who may be a natural person or a corporate body from any legal jurisdiction. Each Marshall Islands company must keep information on its shareholders with the Registered Agent.

Secretary

Marshall Islands Non-Resident companies require a minimum of 1 Secretary, who may be a natural person or a corporate body from any legal jurisdiction. Each Marshall Islands company must keep information on its Secretary with the Registered Agent.

Authorised share capital

Standard authorised capital = USD 50,000. There is no statutory requirement for capital to be fully or partly paid on incorporation.

Company Names

The name of a Marshall Islands Non-Resident company must end with the words “Incorporated”, “Corporation”, “Limited”, or suffixes such as “Inc.”, “Corp.”, “Ltd.”, “S.A.”, “GmbH”, etc.

Company names containing restricted words such as “Bank”, “Insurance”, “Trust”, “Assurance”, “Imperial”, “Royal” etc. will not be permitted unless an appropriate national operating license has been obtained by the company.

Beneficial Ownership information

Information with regard to ultimate beneficial ownership must be disclosed to the Registered Agent of the company and is held by the agent on a confidential basis.

Filing of Annual Return

There is no requirement to file an Annual Return.

 

Filing of Financial Statements

There is no requirement to file Financial Statements in the Marshall Islands for Non-Resident companies.

Corporate Taxation

Marshall Islands Non-Resident companies are not subject to corporation tax in the Marshall Islands.

Tax Treaties

Marshall Islands has not entered into any Double Tax treaties with other countries.

Restrictions on Marshalls Islands Companies

Prohibit from carrying on any business with persons residing in Marshall Islands. Prohibit from carrying on business of or undertaking any activity that is associated with the banking or insurance industries.

Why TBA

What separates us from our competitors is that our services don’t end with the registration of your company. We offer a wide range of additional services others can’t or just won’t offer, such as lifetime free support.

Whilst most providers either specialise on personalized consultation at relatively high rates or run bulk registration factories without any support, we want to offer the positive aspects of both types.
Therefore TBA combines professional advice, worldwide registration services, reasonable fees, customized order processing, lifetime support and fast processing. Where others see company formation services as a bulk registration with no support and no individual assistance, we do care about your business needs

Should you have any question or matter
You would like to discuss or clarify with us

Or

Should you like to receive further Information
About our services and fees, …

Our multi-lingual team of business advisors is happy to assist you with all upcoming questions and issues in relation to your company.

You may call or email us, and we will be happy to assist you in a fast and efficient manner.

You can also come and visit us at our Limassol offices to discuss issues face to face if you prefer. Just arrange an appointment and we will be happy to meet with you.