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Marshall Islands Offshore Company Registration - Business Setup

More Information

5 simple steps are needed to register an offshore company in the Marshall Islands

 
 
Upload your documents
Your account manager will ask you for official documents which are required for your company formation.
 
Register your company successfully
Once your documents have been processed your company will be successfully registered.
 
Process any additional services
Your account manager will guide you through the steps of completing your request of additional services such as bank accounts.
 
Manage Your company via our client portal
Our client portal will give you immediate access to all your documents as well as display your company structure.
 
 

Marshall Islands Offshore Banking Options

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Marshall Islands Offshore Company Formation

Good to Know
An MRI IBC permits 100% foreign ownership and limited liability, can be formed by one unique shareholder who may also become its sole director, has a fast registration process, no account filing or audit requirements; in addition the names of directors, shareholders and officers are not subject to any public records. Nominee directors and shareholders can be appointed.

Main Characteristics of a Marshall Islands Offshore Company

Company type
International Business Company (IBC)
Governing corporate legislation
Governed by the Marshall Islands Business Corporations Act (BCA) which is similar to corporation laws in the United Kingdom and the United States.
Information published relating to company officers
No
Confidentiality
Non-Resident Companies are not subject to file audited accounts, annual returns, or submit any financial records, details of its owners or shareholders.
Accounting requirement
No, as per Section 80 of the RMI Associations Law
Taxation
No taxes on offshore profits.
While the company may not be liable to pay taxes, please consult with a tax/legal advisor in your country of residence, to determine your own tax liability.
Legislation
Modern Offshore Legislation
Standard currency
USD
Time to form
1 to 2 days (upon validation of your identification documents)*
Stability
The Marshal Islands has a solid asset protection regulation.
Communication
Efficient communication means.
Time zone
GMT +12
Secretary required
Yes
Paid up capital requirement
Standard authorised capital: USD 50,000.00 or 500 shares without per value
Minimum paid up: USD 1
Renewal Date
Anniversary date of the company / Each Year
Basis of legal System
Common Law.
Minimum directors/shareholders
Minimum of 1 director/shareholder
Bearer shares
Bearer shares are permitted, however, SFM does not assist in registering companies with bearer shares.

Documents Required

for the Creation of a Marshall Islands Company

Notarized/certified copy Certification of a passport can be made by a notary, an attorney-at-law, a bank, a public officer, or in accordance with SFM indications. Kindly consult your dedicated account manager at SFM to obtain precise information. of your passport, a certified copy of proof of domicile dated less than three months, a signed business plan, a curriculum vitae, as well as last 3 months' bank statement. All in original.**






Frequently Asked Questions

Offshore Company Formation in Marshall Islands

  • Is it legal for me to setup an offshore company in the Marshall Islands?

    Absolutely, offshore companies formed in the Marshall Islands are perfectly legal, are recognized internationally and are able to open bank accounts.
  • What type of company do you register in the Marshall Islands?

    The type of companies that we form in the Marshall Islands is known as International Business Company (IBC), commonly known as offshore companies
  • Will my company be subject to taxes if I setup my company in the Marshall Islands?

    No, IBC companies formed in the Marshall Islands are exempt from any form of taxation in the Marshall Islands as long as the IBC does not conduct its business in the Marshall Islands.

    While the company may not be liable to pay taxes, please consult with a tax/legal advisor in your country of residence, to determine your own tax liability.
  • Is there any obligation to file accounts while registering an International Business Company (IBC) in the Marshall Islands?

    IBC companies are not subject to file audited accounts, however, accounting records must be kept in the Marshall Islands or the location where accounts are kept must be declared.
  •  
  • Will my name be public once I setup a Marshall Islands company?

    No, there is no public register of company officers in the Marshall Islands.
  • Do I need to deposit the paid-up capital for a Marshall Islands company?

    There is no paid-up capital requirement. The standard authorized capital is USD 50,000.00 or 500 shares without per value.
  • Will my liability be limited if I register my company as an International Business Company (IBC) in the Marshall Islands?

    The shareholders’ liability in an IBC is typically limited to the contributions made by them to the Company.
  • Are bearer shares allowed in the Marshall Islands?

    Bearer shares are permitted. However, SFM does not assist in registering companies with bearer shares and this option tends to disappear from most jurisdictions.


Marshall Islands Offshore Jurisdiction News


Global Corporate Registries Ban Bearer Shares And Set Them On The Road To Disappearance

24 October 2021
As a form of company shareholding, a bearer share, to put it in basic terms, is equity security which is owned by the holder of the physical stock certificate[..]
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Essential Key Benefits of Incorporating in the Marshall Islands

9 December 2018
Located in the equatorial region of the Pacific Ocean, the Marshall Islands is an island nation, part of the Micronesia cluster. It is fully independent (which it achieved in 1979) but has an “associated state” status with the USA. [..]
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* Subject to the constraints of the due diligence procedure.
** Documents must be provided for every person related to the company.
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.

Our Client Reviews

Our Testimonials Are Verified By Feefo, A Third Party Company

4.7 out of 5 stars customer rating
Overall Rating
96% Customer satisfaction rate, testimonials verified by Feefo.com
12-Jan-2015
When I initially took on SFM, I though the process would take 2-3 days, this was quoted in their website for registration in BVI. I started the ball rolling on the 15th of April and it is only recently that I have been told the Registration is complete. A lot of this due to my working abroad and my wife also being a director, which has delayed document signings and submission.

There was a lot of documentation to sign and provide. When I thought it was all done I was presented with more paper work. I find it very hard to believe that to form a company in a few days is possible in the best of circumstance.

However my company is now formed and I have a bank account with a bank recommended by SFM. They leave quite a bit to be desired, but then that is internet banking.

I think your selection of 4 catagories is not good as I would not say they were 'Poor' but I would also not describe them as 'Good' either. A ranking of 1 -10 would be a farer way of evaluation simplistically, in that case I would give them a 6 out of 10
14-Dec-2014
The offshore registration transaction was pretty straight forward. What should have been a similarly simple follow up bank account setup became a convoluted process bogged down by compliance red tap. SFM persevered through months of paper work to get the job done. Really quite impressed.
03-Dec-2014
They are very professional and efficient I can recommend them to foreign professionals.
11-Nov-2014
Tout s'est bien déroulé avec SFM. Ma société et mon compte ont été ouverts dans les délais annoncées sur leur site et mon interlocuteur a toujours été dispo donc AAA. merci.
10-Nov-2014
Je n'ai pas eu les informations nécessaires avant de ma lancer dans cette aventure.
J'ai mis plusieurs mois (plus de 2 mois) avant de voir ma société être créee et à ce jour je n'ai toujours pas de documents officiels hors des échanges de mails.
Les services ne sont pas complets
06-Nov-2014
Great services the people of SFM give to businessman all around the world that has special and unique necessities when it comes to legal and tax advising.
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