Incorporation in Marshall Islands

The Republic of the Marshall Islands is an island country in the northern Pacific Ocean. Marshal Island has emerged as a popular offshore center in recent years due to its advantageous corporate legislation modeled after Delaware corporate laws. Flexible formation, tax free and no annual reporting in addition with political stable environment, a Marshal Island company is an ideal choice for offshore company formation.

Why Marshall Islands?

 Tax Benefit

 Highly Confidential

 Stable Political Evironment

 Simple & Affordable Formation

  Simple Annual Report

 Language Diversity

Key features of IBCs

1,000+ business company doing Company services with us.

Tax
Tax exemption benefit for IBCs conduct the businesses outside of the Marshall Islands
Registered agent and local address
Mandatory, ensures the company and its operations comply with all aspects of Marshall Islands company law
Company's member
Must have at least one director & shareholder who can be either individual or corporation, one secretary and one ultimate beneficial owner (must be a natural person)
Ongoing compliance
Must be renewed before the company's anniversary date and file Economic Substance declaration form annually
Share capital
No minimum share capital requirement
Public information
Details of company members' information are not subject to public disclosure
Register Offshore Company Processing

Your Marshall Islands company formation in four simple steps

Follow the right path with the right procedure

How to setup and maintain an offshore company
START
Step 01

Select package and submit KYC documents

SUBMIT 
Step 02

Sign application forms and do due diligence requirements

AVAILABLE 
Step 03

Submit the application and receive corporate documents

 ONGOING COMPLIANCE 
Step 04

Annual registration renewal to keep business in good standing

Due Diligence Requirements

Properly prepared documents allows a speedy approval process 

To get started, you should prepare the following documents:

  • Scanned copies of passports of all members
  • Scanned copies of address proofs of all members
  • Emails and phone numbers of all members
  • Business description in 20-30 words (company website, products or services, sector, major operating countries)

NOTES

  • The compliance officers may require for additional documents on a case by case basic.

Plans and Pricing

Primary packages for forming and operating an offshore company in Marshall Islands

Standard

Essential Incorporation

US$ 1,250
Get started

1. Essential Incorporation

  • Unlimited company name check
  • Application filing with the MI Registry
  • All government fee in 01 year
  • One set of digital corporate documents
  • Courier hard copies of corporate documents

2. Registered Agent & Address

  • Registered agent and local address in 01 year
  • Corporate secretary service in 01 year
  • Automatic reminders and filing deadlines
  • Processing time in 7 business days

Premium

Urgent, Fast-turnaround time

US$ 2,400
Get started

1. Essential Incorporation

  • Unlimited company name check
  • Application filing with the MI Registry
  • All government fee in 01 year
  • One set of digital corporate documents
  • Courier hard copies of corporate documents

2. Registered Agent & Address

  • Registered agent & local address in 01 year
  • Corporate secretary service in 01 year
  • Automatic reminders and filing deadlines
  • Dedicated life-time customer support (priority service - reply in 24 hours)

3. Offshore Banking Assistance

  • Introduce, pre-qualify and assist with document preparation to apply for suitable banking options, ensure the highest chance of approval
  • 2 Additional suitable banking assistance services
  • Notarize Cert of Incumbency by Notary Public (valued at USD 400.00 - required by banks for account opening)
  • Bank account opening with Payoneer if applicable
  • Assign a dedicate relationship banker to work DIRECTLY with you on bank application process
  • Prepare personalized business structure/nature, required internal company documents and application guide for the specific bank of choice to maximize success rate
  • Appeal your application in case of rejection

Recommended

Premium Plus

Revolutionize Your Finances

US$ 2,700
Get started

1. Essential Incorporation

  • Unlimited company name check
  • Application filing with the MI Registry
  • All government fee in 01 year
  • One set of digital corporate documents
  • Courier hard copies of corporate documents

2. Registered Agent & Address

  • Registered agent & local address in 01 year
  • Corporate secretary service in 01 year
  • Automatic reminders and filing deadlines
  • Dedicated life-time customer support (priority service - reply in 24 hours)

3. Offshore Banking Assistance

  • Introduce, pre-qualify and assist with document preparation to apply for suitable banking options, ensure the highest chance of approval
  • 3 Additional suitable banking assistance services
  • Notarize Cert of Incumbency by Notary Public (valued at USD 400.00 - required by banks for account opening)
  • Bank account opening with Payoneer if applicable
  • Assign a dedicate relationship banker to work DIRECTLY with you on bank application process
  • Prepare personalized business structure/nature, required internal company documents and application guide for the specific bank of choice to maximize success rate
  • Appeal your application in case of rejection

NOTES

If your company has more than 2 members, we need to collect the KYC compliance check fee of US$ 50.00/each member, counted from the 3rd member onwards. Clients who choose Premium Plus Package will have up to 5 KYC compliance checks on each member for free.

Standard

Essential Renewal

US$ 1,100
Get started
  • All government fees in 01 year
  • Registered agent and local address in 01 year
  • Company secretary services in 01 year
  • Automatic reminders on filing deadlines

Recommended

Premium

Urgent, Fast-turnaround time

US$ 1,300
Get started
  • All government fees in 01 year
  • Registered agent and local address in 01 year
  • Company secretary services in 01 year
  • Automatic reminders on filing deadlines
  • Dedicated customer support within 24 hours

NOTES

Except for annual registration renewal, IBCs in the Marshall Islands have to file Economic Substance declaration form to maintain the legal & good standing status and the fee is US$ 450/company/per year which is not included in the renewal fee as mentioned above.

Recommended

Banking Assistance Service

US$ 499
Get started
  • Introduce, pre-qualify and assist with document preparation to apply for suitable banking options, ensure the highest chance of approval
  • Notarize Cert of Incumbency by Notary Public (valued at USD 400.00 - required by banks for account opening)
  • Assign a dedicate relationship banker to work DIRECTLY with you on bank application process
  • Prepare personalized business structure/nature, required internal company documents and application guide for the specific bank of choice to maximize success rate
  • Appeal your application in case of rejection

NOTES

  • Our banking support service is applied for 1 bank at 1 time. 
  • The final decision is at the bank's discretion, upon checking your business profile and supporting documents. 
  • Additional fee for notarization may incur if the application is approved which mainly depends on the bank you choose. 

Try Us

Under 40 transactions per month

US$ 300/yr
Get started
    • Daily bookkeeping with cloud -based accounting software (Xero)
    • Monthly Management Reports
    • Preparation of Balance Sheet, Income Statement, General Ledger
    • Account Payables, Account Receivables Summary & Schedules   

From 41 to 70 transactions per month

US$ 500/yr
Get started
    • Daily bookkeeping with cloud -based accounting software (Xero)
    • Monthly Management Reports
    • Preparation of Balance Sheet, Income Statement, General Ledger
    • Account Payables, Account Receivables Summary & Schedules   

From 71 to 100 transactions per month

US$ 700/yr
Get started
    • Daily bookkeeping with cloud -based accounting software (Xero)
    • Monthly Management Reports
    • Preparation of Balance Sheet, Income Statement, General Ledger
    • Account Payables, Account Receivables Summary & Schedules   

NOT MATCHED YOUR GOALS?

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You can talk to a customer support representative or send us an email to one of the following addresses. We will respond to your request at earliest time possible.

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Frequently Asked Questions

ANSWER

There must be one or more directors and stockholders. They can be nominal; A secretary is required

ANSWER

English is the official language

ANSWER

No, you do not

ANSWER

All foreigners are required by Marshall Islands Company Law to use the services of a licensed corporate service provider for this reason. That’s why you need to do with us.

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