Marshall Islands is a small country in the Pacific region. Previously it was among the colonies of the US, but now there is a separate government here.
Nevertheless, the country is still in the free association with the USA and often leads the same policy. The Republic of Marshall Islands is also a Pacific offshore open to business.
This country itself is actively engaged in ship navigation and commerce, so this income is among the highest in its annual budget. Besides, companies registered in the Marshall Islands are often use to conduct various trade operations and provide services, including through the Internet.
Also, the Marshall Islands will suit those investors, who plan to complete the IPO procedure and bring their company to the most prestigious markets – Singapore, Hong Kong, London or New York. This procedure requires an audit, and the Marshall Islands can provide all the documents and the required level of trust for the company.
The first stage is the preparation for registering a company in the Marshall Islands. At this stage, you need to think carefully about your plans and risks related to the business, and also make a business plan.
You need to come up with a couple of variants of the name for your future company. You can use any language for this, but the naming should include only Latin characters. The name must be unique and not similar to the already registered names. This rule is especially true for companies in the US – your options will be check with the US registry.
The second stage is the registration itself. It is conduct with the help of the registering agent, so you need to choose a trustworthy company or a sole entrepreneur among the residents. The main advantage of this approach is the possibility to register a company remotely. Your presence is not required if your agent has a power of attorney.
A list of the documents:
The registration will take about 2-3 weeks. The cost of registration depends on the size of the company and your business activity. Do not forget that you also need a bank account. There is a great number of banks to choose from, so find out about them in advance.
In case, you have any questions, please, contact our specialists. We will help you to register your company or offer ready-made options for offshore companies.
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The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.