Marshall Islands

Marshall Islands – General Features
Marshall Islands – Corporate Information
Marshall Islands – Key Benefits

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.

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Licensing Services
Our Company Services
Services we DO and Services we DO NOT DO

Our company is EXCLUSIVELY engaged in assisting worldwide clients, either individuals or corporate entities, to get duly and properly registered and licensed with local Regulators and Financial Authorities to get respective official licenses to legally carry out their cryptocurrency business activities.

TBA & Associates Tax Business Advisors does not carry out any sort of Cryptocurrency Business Trade