Offshore Marshall Islands
Benefits of Marshall Islands Offshore Company:
The jurisdiction has a modernized corporate law that combines elements from both the US and the UK, making it a first class offshore financial centre.
Bank account for Marshall Islands offshore company: Euro Pacific Bank, Belize Bank International, Pacific Private Bank, Atlantic International Bank.
Marshall Islands offshore company registration in 5 steps:
STEP 1: Place your order
STEP 2: Pay the fee for Marshall Islands offshore company formation
STEP 3: Our Project Manager contacts you and requests that you send the necesary documents
STEP 4: You receive foundation documents from us
STEP 5: You are able to start your business
Customer satisfaction rate:
Documents required for Marshall Islands company formation: certified copy of passport or ID card, proof of address (not older than three months).
Marshall Islands Offshore Company:
Legal form
IBC
Duration of establishment
6 – 10 days
Register of executives
Not publicly accessible
Register of shareholders
Not publicly accessible
Registered capital
50,000 USD
Minimum number of shareholders
1
Minimum number of executives
1
Non-residents allowed as executives / legal person
Yes / Yes
Registered agent / seat required
Yes / Yes
Local company secretary required
No
Local General Assembly required
No (anywhere in the world)
Submission of financial statements
No accounting/reporting requirements. *
Submission of annual reports
No
Mandatory audit
No
Required tax return
No
Taxation of income
No
Possibility to use a Double Taxation Avoidance Agreement
No
* N.B. As per section 10 of the Financial laws miscellaneous amendments Act 2014 requires the company to keep such documents (receipts, invoices etc.) as to enable it for accounts to be prepared.
About Offshore Marshall Islands
Marshall Islands, officially Republic of the Marshall Islands, Marshallese Majōl, country in the central Pacific Ocean. It consists of some of the easternmost islands of Micronesia. The Marshalls are composed of more than 1,200 islands and islets in two parallel chains of coral atolls.
A Non-Resident Domestic Company is governed by the Business Corporations Act, which is under the Marshall Islands Associations Law of 1990, exempting all non-resident companies from having to pay any type of local taxes.