Company Registration in Marshall Islands
                     
Company 
Registration in 
Marshell Islands
-By Himani Srivastava
HOW TO REGISTER COMPANY IN THE MARSHALL ISLANDS
The Republic of the Marshall Islands is located in the Pacific Ocean, 
namely, in Micronesia. The area of the republic is nearly 181 km2. The 
entire territory lies to the north of the equator and is divided into two 
groups. In total, 29 atolls and 5 islands are included in the state 
formation. The capital of the islands is Majuro. Self-government on the 
islands is associated with the United States of America.
The nearest archipelagos to the Marshall Islands are the Caroline 
Islands and the Gilbert Islands.

The Republic is member of the UN, the Asian Development 
Bank, several Pacific communities and international 
organizations.
The official languages of the Marshall Islands are English and 
Marshallese (from the group of Micronesian languages).
The population is approximately 50 thousand people.
The climatic conditions of the islands vary from north to 
south, with  proportional increase in the amount of 
precipitation.

BUSINESS IN THE MARSHALL ISLANDS
In recent years, the Republic of the Marshall Islands has 
managed to achieve economic stability. And low taxes have 
made the state one of the most popular offshore zones.
Thus, a company in the Marshall Islands - despite the 
innovations in the legislation, this is a very popular and 
common option to optimize taxation today. The Marshall 
Islands are forced to adapt to new requirements, but at the 
same time they continue to offer tax breaks and opportunities 
to protect assets.
Company registration in Marshall Islands is fast, the process 
itself has undergone some changes, however, as before, it is 
quite simple. Registration fees are low, and the availability of 
fees for extending the business of the Marshall Islands is also 
affordable.
However, it is worth noting that the new requirements relating to 
economic sabstens oblige companies to operate on the territory 
of the islands. Also, the company should employ a sufficient 
number of adequately trained and qualified personnel who are 
physically located in the Marshall Islands.

WHY IS IT COST-EFFICIENT TO REGISTER OR BUY OFFSHORE BUSINESS IN 
THE MARSHALL ISLANDS:
lPossibility of obtaining advantages from operation in tax-free jurisdiction;
lThere are no requirements on reporting;
lThese is lack of foreign exchange control;
lProximity of the USA;
lThe possibility of establishing company by type of American and English ones;
lThe Republic has signed the Hague Convention.
The legislative framework
Activities and registration of offshore company in the Marshall 
Islands are governed by the Law “On Companies” of 1990.

FORMS OF DOING BUSINESS IN THE MARSHALL 
ISLANDS
The most optimal form for investors is the International 
Business Company (IBC).
OFFSHORE COMPANY IN THE MARSHALL ISLANDS. 
PECULIARITIES
● The number of directors and shareholders shall be 1 or 
more persons. They can be nominal;
● It is necessary to have secretary;
● Permission is granted to issue shares without par value. 
Issue of bearer shares is prohibited;
● In connection with the new changes that came into force on 
January 1, 2019 under pressure from FATF and the EU, most 
offshore companies were forced to introduce new legislation, 
which obliges companies to ensure a real presence in the 
territory of these jurisdictions. Under the innovations were 
also the Marshall Islands. In connection with the new rules, 
the company’s activities must be managed on the Marshall 
Islands (the company's board meetings must be held 
regularly (there must be a quorum), and all documents must 
be kept on the islands;
● The charter capital of offshore company in the Marshall Islands is not specified, 
but shall be declared. At the same time, the terms of its payment are not 
stipulated;
● The company name should be unique and not similar to those already existing 
ones. The name can be registered in any language when translating into French 
or English;
● The company in the Marshall Islands can select any bank for cooperation, as well 
as number of accounts necessary for commercial purposes. All banking 
transactions are confidential, and information regarding them shall not be 
disclosed;
● Only information about the name of the company and the changes in the 
constituent documents is open to third parties. There is no information concerning 
the beneficial owner in the register;

● Offshore company should be registered in the Marshall 
Islands, and in addition, registration agent is needed
● The main activity of the company must be carried out from 
the Marshall Islands, however, companies that can prove tax 
residency in another jurisdiction do not fall under the new 
requirements, which came into force on 01/01/2019;
● Financial and insurance activities are subject to licensing.;
Offshore company in the Marshall Islands can not:
- have commercial relationships with residents;
- own real estate in the Marshall Islands;
- engage resident organizations in the management of the company;
- provide services of registration agent to resident companies.
In addition, financial and insurance activities are subject to licensing.
TAXES IN THE MARSHALL ISLANDS
Offshore company in the Marshall Islands is not subject to 
taxation (including stamp duty, income tax and tax on transfer of 
shares).
BOOKKEEPING IN THE MARSHALL
 If you decided to buy company in the Marshall Islands, then You 
need to be aware that You do not have to submit reports 
regarding its activities.
Do you need to register or buy company (offshore company) in 
the Marshall Islands? Then, please, apply for us. And you will be 
convinced that registration of offshore company in the Marshall 
Islands is quick and simple procedure. Registration of business in 
the Marshall Islands, as well as companies and enterprises is 
one of the most important directions of our work.
SET OF DOCUMENTS
 
● Appotilled Certificate of incorporation
● Articles of incorporation 
● By-Laws 
● Consent of Incorporator
● power of attorney

Thank You