Marshall Islands Offshore Company Registration - Business Setup

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5 simple steps are needed to incorporate your company in the Marshall Islands

Upload your documents
Your account manager will ask you for official documents which are required for your company formation.
Incorporate your company successfully
Once your documents have been processed your company will be successfully incorporated subject to local authority approval.
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
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
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.
Modern Offshore Legislation
Standard currency
Time to form
1 to 2 days (upon validation of your identification documents)*
The Marshal Islands has a solid asset protection regulation.
Efficient communication means.
Time zone
GMT +12
Secretary required
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

Marshall Islands Company Formation: A Focus on Opportunity

17 April 2023
The Marshall islands are a Pacific island chain famous for stunning vistas and pristine diving locations. Its other major claim to fame is being a popular company formation destination. This seemingly remote island chain is quickly turning into a business hub [..]
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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.

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