Offshore companies in the Marshall Islands must renew their registration annually by paying the government renewal fee and maintaining a registered agent within the jurisdiction. The renewal process is overseen by the Marshall Islands Maritime and Corporate Registries (MISR), which ensures compliance with regulatory requirements. As part of the Marshall Islands company registration framework, timely renewal is essential to maintain the company’s good standing and legal status.
Marshall Islands IBC Formation
Register a company in the Marshall Islands in just 2-3 days with zero corporate taxes, strong asset protection, and dedicated support.
About Marshall Islands
Marshall Islands Offshore Company Registration
For investors and entrepreneurs seeking a fast, discreet, and globally recognized offshore structure, incorporating a Marshall Islands IBC offers one of the most flexible solutions available. The Marshall Islands is widely respected in the offshore sector for its modern corporate framework, tax-neutral environment, and efficient registration process.
Through Marshall Islands offshore company registration, clients benefit from a jurisdiction that imposes no corporate income tax, no capital gains tax, and no withholding tax on foreign-sourced profits. Incorporation is straightforward, with an IBC established in as little as 24 hours and electronic documents issued for immediate use
The Marshall Islands International Business Companies Act provides a stable legal foundation for IBC formation. This statute ensures clarity, international compliance, and the same common law principles found in other leading offshore jurisdictions.
Privacy is a defining strength of Marshall Islands company formation. Directors, officers, and shareholders are not publicly listed in government records, ensuring discretion while still maintaining compliance with global standards. Combined with its speed, flexibility, and global recognition, a Marshall Islands IBC is ideal for asset protection, international trade, and corporate structuring.
Benefits
Register a Company in Marshall Islands
Zero-tax environment
A Marshall Islands IBC pays no income, capital gains, or withholding tax on offshore profits.
Fast incorporation
A Marshall Islands offshore company can be incorporated within 24 hours, with documents delivered electronically.
Confidential ownership
Shareholders and directors remain private, as names are not disclosed in public registries.
No minimum capital
Marshall Islands IBCs have no minimum share capital requirement, allowing flexible structuring.
100% foreign ownership
Full foreign ownership is permitted with no local shareholder requirements.
Stable legislation
Based on English common law, with the Marshall Islands IBC Act as a modern legal framework.
Features – International Business Company (IBC)
Offshore Company Registration in Marshall Islands
Incorporation in 1 day
No audit or reporting requirements for IBCs
No exchange controls or currency restrictions
Flexible corporate structures for trading, holding, or asset protection
Low annual renewal costs and simple compliance
Remote formation with electronic certificates of incorporation
International Business Company (IBC)
Marshall Islands Company Formation Packages
Basic
$1,090
Annual 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 International Business Company (IBC) from start to finish
Standard
$1,290
Annual 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
$1,390
Annual 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.
Refund Guarantee
We offer a full refund, no questions asked, if we have not yet started the company. Read our policy
Offshore Company Incorporation Process
Steps to Register an Marshall Islands International Business Company (IBC)
Step 1
Select Your Service Package
Choose the package that fits your goals for Marshall Islands offshore company registration. The Basic package provides IBC incorporation only, the Standard package adds one offshore bank account, and the Premium package includes multiple bank account applications with priority handling.
Step 2
Complete Payment
Pay through bank transfer, credit card, mobile wallet, or cryptocurrency. We accept Bitcoin, Ethereum, USDT, USDC, and 300+ other digital currencies. All payments are protected with 256-bit SSL encryption and TLS-secured EV certification.
Step 3
Submit and Verify Documents
Provide a notarized copy of your passport and proof of address. Clients can use our partner notaries or submit their own legalized documents to comply with Marshall Islands IBC requirements.
Step 4
Finalize Company Registration
In 24 hours, your Marshall Islands IBC is incorporated. You will receive your Certificate of Incorporation and official company documents electronically. Premium clients also benefit from parallel offshore bank account applications to ensure immediate global functionality.
Marshall Islands KYC Requirements
In Marshall Islands, all individuals and entities must submit KYC documents to complete company registration. Below, you’ll find a list of the required documents to register a company in Marshall Islands
All Directors, Shareholders, Ultimate Beneficial Owners (UBOs), and Contact Persons are required to submit the following documentation.
Proof of Identity
A notarized true copy of a valid passport, notarized within the last 3 months, provided as a scanned copy
Proof of Address
A notarized true copy (scanned) of a proof of address is required. Acceptable documents include:
- Bank reference letter or bank statement
- Utility bill (electricity, water, gas, internet, etc.)
- Driver’s license
- Any other official document issued by a government or financial institution
The document must clearly show the holder’s full name and physical residential address in English. P.O. Box addresses are not accepted.
All documents must be dated within the last 3 months.
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.
Company Documents
The following certified true copies of company documents are required:
- Certificate of Incorporation
- Memorandum and Articles of Association (or Constitution)
- Register of Directors
- Register of Shareholders or Ultimate Beneficial Owners (UBOs)
Company Members
All individuals associated with the corporation—including Directors, Shareholders, and Ultimate Beneficial Owners (UBOs)—are required to provide valid proof of identity and proof of address.
Frequently Asked Questions
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, you must 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. The entire process is managed through the Marshall Islands Register, which oversees the incorporation and regulatory compliance of all business entities formed within the jurisdiction.
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: There is no requirement for a minimum share capital to register a company.
- No Exchange Controls: The jurisdiction imposes no restrictions on the movement of currency in and out of the country.
- No Financial Reporting Obligations: Offshore companies are not required to file financial reports or undergo audits.
- Efficient Administration: The Marshall Islands Business Registry, operated under the Maritime and Corporate Registries (MISR), offers efficient and reliable services for company registration and ongoing administration.
These benefits make the Marshall Islands an appealing jurisdiction for offshore structuring, asset protection, and international business operations.
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, commonly used for international trade, asset protection, investment holding, and other cross-border business activities.
- Limited Liability Company (LLC): This structure combines the benefits of a corporation and a partnership, offering operational flexibility and limited liability for its members.
- Limited Partnership (LP): Ideal for investment ventures and collaborative projects, this structure allows for general and limited partners with different levels of liability and involvement.
Each of these structures is available under the Marshall Islands company registration framework, which offers legal flexibility, confidentiality, and streamlined incorporation through the jurisdiction’s corporate registry.
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 is one of the key advantages of Marshall Islands company registration, making the jurisdiction highly attractive for international business operations. However, business owners should ensure compliance with tax laws in their country of residence or any other jurisdiction where the company has a taxable presence.
Are bearer shares permitted in the Marshall Islands?
Yes, bearer shares are permitted in the Marshall Islands; however, they must be held by an approved custodian in accordance with anti-money laundering (AML) regulations. This requirement ensures that ownership remains traceable and compliant with international financial standards. As part of the Marshall Islands business registration framework, the use of bearer shares is strictly regulated, making the jurisdiction one of the few offshore centers that still allows them under controlled and transparent conditions.
What is the renewal process for an offshore company in the Marshall Islands?
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 a key benefit of Marshall Islands company registration and is legally protected under the Marshall Islands Business Corporations Act. This makes the jurisdiction highly attractive for international entrepreneurs seeking efficient and compliant offshore structures.
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 and ease of international transactions. As part of the Marshall Islands business registration framework, this unrestricted currency environment is a key advantage for global entrepreneurs seeking flexibility in cross-border financial operations.
Does the Marshall Islands implement VAT, sales taxes, or exchange controls?
No VAT/GST: There is no value-added or general sales tax.
Sales tax: Local jurisdictions may levy up to 4% on retail transactions.
Exchange controls: None—companies can hold, convert, and repatriate funds in any currency without restriction.
What are the annual compliance requirements for a Marshall Islands IBC?
A Marshall Islands IBC must maintain a registered agent within 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. As part of the Marshall Islands company registration framework, these minimal compliance requirements provide operational flexibility while ensuring that companies remain in good standing. Compliance is overseen 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, it is recommended that companies maintain accurate internal records for good corporate governance and in case of future regulatory or banking requirements. Under the Marshall Islands business registration framework, this lack of mandatory reporting offers administrative simplicity while still encouraging responsible internal recordkeeping.
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. As part of the Marshall Islands company registration process, having proper documentation and compliance support increases the likelihood of successful account approval. Offshore banking services are regulated by the financial authorities in each respective banking jurisdiction.
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 a statement outlining the nature of the business. In addition, banks will request compliance documents such as Know Your Customer (KYC) forms and anti-money laundering (AML) records, in line with international financial regulations. As part of the Marshall Islands business registration process, having complete and properly prepared documentation is essential to ensure a smooth and successful bank account opening.
Can a Marshall Islands IBC open a bank account remotely?
No, Marshall Islands offshore companies are not required to file annual financial statements or tax returns. However, it is recommended that companies maintain accurate internal records for good corporate governance and in case of future regulatory or banking requirements. Under the Marshall Islands business registration framework, this lack of mandatory reporting offers administrative simplicity while still encouraging responsible internal recordkeeping.
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