Incorporate in Marshall Islands
Background & General Outline
Located between Indonesia and Hawaii, the Marshall Islands are the most eastern island group in Micronesia. The Marshall Islands cover approximately 2 million sq km in the Central Pacific Ocean, with two 1,280 km long parallel chains of atolls and volcanic islands separated by 179 km of sea.
The capital is Majuro.
Political Structure & Legal System
After the Second World War, the Marshall Islands became a United Nations Trust Territory of the Pacific Islands under United States administration. The Republic of the Marshall Islands gained independence in 1986, becoming a full member of the United Nations in 1991.
The Marshall Islands Constitution, signed in 1979, is a blend of American and British models of government. Under the parliamentary system, the legislature, known as the Nitijela, elects a President from among its members. In turn, the President nominates a Cabinet of six to ten members.
The legal system is administered by courts whose judges are appointed by the Cabinet. The court system consists of local courts of first instance, a Traditional Rights Court with jurisdiction over real property matters and a High Court with maritime jurisdiction. Appeals may be brought before the Supreme Court in all cases.
The legal system is Common Law for all corporate related matters.
The US Dollar (US$).
Languages spoken are Marshallese and English.
Disclosure of the Beneficial Owner
Although during the process of Marshall Islands Offshore Company Formation it is required to disclose details of the Beneficial Owner to the Registering Agent, this information is not in the public registry.
The Marshall Islands statutorily exempts non-resident companies from taxes.
Double Tax Treaties
Marshall Islands has no double tax treaties
Any name that has already been incorporated, or is so similar as to cause confusion. Any name which in the opinion of the Registrar is considered undesirable, obscene or offensive. Names such as royal or imperial and any name that suggests the patronage of Marshall Islands Government.
A Marshall Islands Offshore Company cannot trade within Marshall Islands. Further, a Marshall Islands Offshore Company cannot undertake the businesses of banking, insurance, assurance or reinsurance or gaming.
Summary & Features
Marshall Islands Offshore Company corporate structure offers excellent privacy protection, and allows any person to control a company without their name appearing in the public records, through the use of bearer shares, nominee directors and a power of attorney.
We offer Marshall Islands Offshore Company Formation and can deliver your new Marshall Islands Offshore Company to you within approximately 3-5 days without YOUR name ever appearing in the public record, additional privacy protection can be achieved by using nominees. In such cases, although there is a legal president (nominee), the actual ownership of the corporation is vested in the bearer shares.
The company we Incorporate in Marshall Islands for you is free to engage in many types of business activities in other countries and it pays NO taxes in Marshall Islands.
Incorporate in Marshall Islands
OUR Marshall Islands Offshore Company Formation Package Includes:
- name check
- preparation of memorandum
- preparation of articles
- preparation of registration forms
- filing with the registrar of companies
- payment of filing fees
- certificate of incorporation
- share certificates
- minutes of board meetings
- register of directors
- register of shareholders
- 1st year registered office
- 1st year registered agent
- 1st year government administration and maintenance
Marshall Islands legislation has long created favorable tax conditions for offshore operations but the country’s popularity as such has only caught on over the last few years.