Register a Company in the Marshall Islands
Register a company in the Marshall Islands in just 2-3 days with zero corporate taxes, strong asset protection, and dedicated support.
Benefits
Register a Company in the Marshall Islands
No exchange controls on foreign transactions.
No requirement to file annual accounts or tax returns.
No corporate tax, asset tax, or stamp duty for non-resident entities.
No withholding tax on dividends, interest, or royalties paid by non-resident entities.
No public records of directors and shareholders unless otherwise requested.
Offshore companies in the Marshall Islands must keep and maintain accounting records and a register of directors, shareholders, and beneficial owners.
Ideal for business ventures, IP holding, asset management, IPOs, tax and estate planning, and vessel/yacht ownership.
Our Formation Packages
Basic
US$1,090Annual Renewal: USD 890
- • Unlimited Name Availability Check: Ensure your chosen company name is unique and available.
- • Document Preparation and Filing: All necessary documentation is prepared and submitted on your behalf.
- • Expedited Incorporation Process: Company incorporation completed efficiently.
- • One Year of Secretarial Services: Comprehensive company secretarial support for one year.
- • One Year Registered Agent and Address: Provision of a local registered agent and address for one year.
- • All Government Fees Included for One Year: Covers all government-related fees for the first year.
- • Digital Corporate Documents: Receive all essential corporate documents in digital format.
This package provides all the necessary services for a foreigner to establish a new Marshall Islands Non-resident Corporation Company from start to finish.
Standard
US$1,290Annual Renewal: USD 890
- • All Core Services from the Basic Package Included: This package builds on the Basic tier and includes everything needed to successfully set up your Marshall Islands IBC from start to finish.
- • One Bank Account Application Included: After your company is incorporated, we assist with one full application to a supported bank.
- • OVZA’s Service Fee Fully Covered: Our bank account opening support fee is included in this package—no additional OVZA charges.
- • Bank Introduction: We introduce your company to a reputable bank we work closely with and provide hands-on guidance throughout the application process.
Premium
US$1,390Annual Renewal: USD 890
- • Everything in the Standard and Basic Packages Included: Includes full company formation, one initial bank application, and our standard bank account support.
- • Premium Bank Support – Up to 5 Applications: We apply to up to 5 different banks on your behalf, stopping as soon as the first approval is received.
- • All OVZA Application Fees Covered (Up to 5 Banks): Our bank account opening service fees are fully covered for each application—up to five total.
- • Bank Matched to Your Industry or Needs: We’ll recommend and apply to banks that best suit your business model, region, or niche industry requirements.
- • Fast Response Time: As a Premium client, you’ll usually receive a reply from our team within 30 minutes—including during evenings and weekends.
- • Frequent Progress Updates: We keep you informed every step of the way with regular updates on your bank applications and overall progress.
Offshore Company Incorporation Process
Marshall Islands KYC Requirements
In Marshall Islands, all individuals and entities must submit KYC documents to complete company registration.
All Directors, Shareholders, Ultimate Beneficial Owners (UBOs), and Contact Persons are required to submit the following documentation
A notarized true copy of a valid passport, notarized within the last 3 months, provided as a scanned copy
To verify the identity of a corporation or legal entity, company formation documents must be provided along with proof of identity for all relevant members.
Register a Company in the Marshall Islands with OVZA
Have questions or specific needs for your offshore venture? Reach out to us! Our team is ready to provide personalized consultations and swift responses. Leave your questions and details below, and we’ll get back to you within 1 hour.
Highly Responsive Representatives
FAQ : Marshall Islands Company Registration
How do I register an offshore company in the Marshall Islands?
To register a company in the Marshall Islands, you need to choose a unique company name, appoint at least one director and one shareholder, and determine the share capital structure. Next, submit the Articles of Incorporation and other required documents, along with the applicable government fees. Once approved, you will receive a Certificate of Incorporation, officially establishing your company.
What are the benefits of registering a company in the Marshall Islands?
Registering a company in the Marshall Islands offers several advantages for international businesses:
- Tax Efficiency: The Marshall Islands is a tax-neutral jurisdiction with no corporate taxes, capital gains taxes, or withholding taxes on dividends, interest, or royalties paid to non-residents.
- Privacy: There is no public registry of company directors or shareholders, ensuring confidentiality for business owners.
- No Minimum Capital Requirements: You are not required to have a minimum amount of capital to register a company.
- No Exchange Controls: There are no restrictions on the flow of currency in and out of the Marshall Islands.
- No Financial Reporting Obligations: Offshore companies are not required to file financial reports or undergo audits.
- Efficient Administration: The Marshall Islands Maritime and Corporate Registries (MISR) provides efficient and reliable services for company registration and administration.
What types of offshore companies can I register in the Marshall Islands?
When you register a company in the Marshall Islands, you have several options for structuring your business:
- International Business Company (IBC): This is the most common type of offshore company in the Marshall Islands, used for a wide range of activities like international trade, asset protection, and investment holding.
- Limited Liability Company (LLC): This structure combines the benefits of a corporation and a partnership, offering flexibility and liability protection.
- Limited Partnership (LP): This structure is suitable for investment ventures and projects involving multiple partners with varying levels of liability.
What documents are required to register an offshore company in the Marshall Islands?
to register a company in the Marshall Islands, the required documents include a passport copy for each director and shareholder, proof of address such as a utility bill or bank statement, details of the company name and business structure, and the Articles of Incorporation. A licensed registered agent in the Marshall Islands is required for company formation and compliance with the Marshall Islands Corporate Registry.
Do Marshall Islands offshore companies have to pay taxes?
No, Marshall Islands IBCs are fully exempt from corporate income tax, capital gains tax, and withholding tax, provided they do not conduct business within the Marshall Islands. This tax-free status makes it a highly attractive jurisdiction for international business operations. However, business owners should comply with tax laws in their home country.
Are bearer shares permitted in the Marshall Islands?
Yes, bearer shares are permitted, but they must be held by an approved custodian under anti-money laundering (AML) regulations. This makes the Marshall Islands one of the few offshore jurisdictions still allowing bearer shares under restricted conditions.
What is the renewal process for an offshore company in the Marshall Islands?
Offshore companies in the Marshall Islands must renew their registration annually by paying the government renewal fee and maintaining a registered agent in the jurisdiction. The renewal process is overseen by the Marshall Islands Maritime and Corporate Registries (MISR).
Does the Marshall Islands impose taxes on offshore companies?
No, Marshall Islands IBCs are fully exempt from corporate tax, income tax, capital gains tax, and inheritance tax. This tax-neutral status is protected under the Marshall Islands Business Corporations Act.
Are there foreign currency restrictions in the Marshall Islands?
No, there are no foreign currency restrictions in the Marshall Islands. Offshore companies can conduct transactions in any currency without limitations. The US dollar is the official currency, providing financial stability for international businesses.
What are the annual compliance requirements for a Marshall Islands IBC?
A Marshall Islands IBC must maintain a registered agent in the jurisdiction, renew its registration annually, and keep internal company records. There is no requirement to file annual financial statements or undergo audits unless the company engages in regulated activities such as banking, insurance, or investment fund management. Compliance is monitored by the Marshall Islands Corporate Registry.
Is there a requirement to file annual financial statements?
No, Marshall Islands offshore companies are not required to file annual financial statements or tax returns. However, maintaining internal records is recommended for corporate governance purposes.
Is it possible to open an offshore bank account for a Marshall Islands IBC?
Yes, a Marshall Islands IBC can open offshore bank accounts in major financial centers such as Switzerland, Singapore, Hong Kong, and the Caribbean. Many international banks accept Marshall Islands companies due to the jurisdiction’s strong legal framework and global recognition. Offshore banking services are regulated by financial institutions in the respective banking jurisdictions.
What documents are required to open a bank account for a Marshall Islands offshore company?
Most banks require a Certificate of Incorporation, Articles of Incorporation, a resolution appointing authorized signatories, passport copies of directors and shareholders, proof of address, and a business plan or nature of business statement. Banks also require compliance documents such as Know Your Customer (KYC) and anti-money laundering (AML) records, as per international financial regulations.
Can a Marshall Islands IBC open a bank account remotely?
Yes, many offshore banks allow Marshall Islands IBCs to open accounts remotely without requiring a physical visit. The process varies by bank but typically includes submitting notarized or apostilled documents, video verification, or an introduction from a corporate service provider. Some banks may also require a reference letter from an existing financial institution.
