Eternity Law International News To register a company in the Marshall islands

To register a company in the Marshall islands

August 7, 2020

To register a company in the Marshall islands, what are the advantages? The Marshall Islands are located in the Pacific Ocean, Micronesia region.

One of the most significant sources of expanding of the budget of the islands is the registration of organizations carrying out their business activities at the international level.

Despite the fact, that now offshore jurisdictions and their functioning are associated with many problems and difficulties, Marshall companies remain popular because they are protected by the United States. It allows them to follow their classic offshore legislation.

International business organizations in the Marshall Islands

IBOs in the Marshall Islands have a small number of restrictions as for business activity. In general, this flexible legal entity has the right to carry out any entrepreneurial activity, which is under the legislative level. The only exception is financial and gambling services.

In addition, the IBO is not allowed to perform business activities related to citizens and their organizations.

However, they are allowed to enter into professional relationships with lawyers, law firms, investment consultants, trust companies, accountants and similar individuals or companies. Importantly, IBOs are exempt from any form of local taxation, since they are a separate type of local corporations.

Business companies of an international type are classified as non-resident legal entities of the Marshalls, so both an individual and a corporation can register them. A single director manages IBO. He or she may be a shareholder at the same time.

There are no minimum capital requirements in the Marshall Islands. Capital can be fixed in any (or several at once) currencies. The minimum capital can correspond to the value of just one share, that is, 1 US dollar.

Shares may be issued in any form, but it is not recommended to issue share due bearer.

Besides, the IBO is not subject to tax reporting obligations. The Marshall Islands Government does not require any accounts or annual reports.

In addition, shareholders of such companies may not disseminate information about their activities in order to enter it in the public register.

To register a company. Benefits of International Business Organizations

One of the main advantages of a company that is registered on the Marshalls is the ability to expand capital by offering its shares to the public.

At the same time, it is not limited to the local market only. IBOs, among other things, can trade without restrictions and provide investment consulting.

Thus, offshore companies in the Marshalls can be freely used as holding structures for owning any property of other states, and for conducting brokerage activities.

IBO: structure and principle of carrying out business activities

Internal non-resident company is the main form for registering of IBO. The liability that shareholders bear for this organization is limited to the size of the shares they hold. Shares are paid in cash or through the transfer of other assets.

The IBO is obliged to choose at least one director, who can be an individual or legal entity, resident or non-resident – there are no restrictions here.

A secretary is also mandatory, but he or she cannot be a non-resident. Every year, the shareholders of the company are required to hold a meeting. This can be done in any country of the world, via phone or via communication through other electronic means.

Thus, the advantages of registering business companies of international level in the Marshall Islands are obvious.

As already mentioned, property and inheritance are not taxed in the Marshalls, that allows you to build a long-term strategy for owning capital and transferring it to be inherited by this or that person.

The accounting department of the company must compile quarterly, annual financial reports and provide declarations to the tax service. Contact us for more information.

You could be interested

AS 9120: Aviation Space & Defense Distributors

AS 9120 provides traceability, inventory administration, surveillance and record keeping. Companies that have received the AS 9120 certification have proven to be a reliable distributor worldwide. Certified companies switched to the new version of the standard before September 2018. Since 2017, audits have begun to be carried out according to the new edition of this...

FSP license in New Zealand

In line with the law, a legal entity operating in the NZ monetary market can pass registratiοn as a financial service provider (for short, FSP). When an institution obtains a status of a FSP in New Zealand, it is permitted to carry out such activities as: Advisory services; Deposit accepting; Brοkerage services; Portfolio management on...

RAIF in Luxembourg

Luxembourg is the main funding investment place on the planet after the United States with solid standing as a global asset community, and takes into account a wide range of aggregate investment vehicles, covering the entirety of the essential asset systems on the planet after the United States. The Reserved Alternative Investment Fund (RAIF) is...

Company registration in Peru

Peru is a fairly popular area for foreign investors, since it is distinguished by a special loyalty to capital owners who want to invest in commercial structures on the territory of the state. For non-residents, Peru offers several of the following forms of business. Commercial firm with limited liability of its members. This is a...

Open a bank account in Poland

Poland is a very perspective country both for traveling and providing services. So we prepared a short guide with the main information for the bank account opening. Required documents The requirements differ to the residents and foreigners. If you have Polish citizenship the procedure is fast and simple. You need to check a bank policy...

How can a foreigner become a citizen of Ukraine?

There are some categories of people who can count on the citizenship of our country in the first place. These are those born in Ukraine, children of Ukrainians, artists, scientists, refugees. Requirements for applicants of various categories: Stateless persons – 3 years of residence in Ukraine (Knowledge of the state language, official income, immigration permit);...
Fill the blank:


Dreikonigstrasse, 31A, Stockerhof


Baseina street, 7


Grosvenor Gardens, 52


1629 K St. Suite 300 N.W.


Gediminas Avenue, 44A


Kesklinna linnaosa, Tuukri 19


Lochrin Square, 1


Jacovides Tower, 5 floor


Esplanade, 7 floor

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai


Level 42, Suntec Tower Three, 8 Temasek Boulevard


20 Martin Place


2609 Avenida da Boavista


Revaz Tabukashvili Str., N 45, area N 7