Marshall Islands offshore company formation
Marshall Islands is an island nation in the Pacific Ocean, located north of Nauru and Kiribati, east of Micronesia and south of the US island of Wake. In 1979, the Republic of the Marshall Islands signed an agreement with the US government a free-association, which entered into force in 1986. Since that time, the Marshall Islands are an independent state associated with the United States. Since 1991. He became a member of the UN, in 2008, for the first time participated in the Olympics.
DIRECTOR: Requires a minimum of one director. Permitted are the company.
SECRETARY: The Secretary is not required.
SHAREHOLDER: Requires a minimum of one shareholder. They are allowed the company.
The same person can perform both functions shareholder, secretary and director.
SHARES AND SHARE CAPITAL: Standard’s capital is 500 shares without par value or 50.000 shares with a value of USD 1.00 each. Permitted are bearer shares.
COMPANY NAME: The name must end with one of the following suffixes: Limited or Ltd .; Corporation or Corp .; Incorporated or Inc .; Société Anonyme or S.A .; Sociedad Anonima or SA
List of reserved words in the company name:
4. PARTNERSHIP (cannot use partnership in a corporate designation)
6. Any expression indicating that the corporation is a governmental agency, church or public charity.
7. INSURANCE The word „Insurance” may not be used for a corporation in Marshall Islands; however, „reinsurance” is acceptable.
The status of Marshall Islands Non-Resident Company.
Registration of lasts 24-48 hours.
Company status Marshall Islands Non-Resident Company are excluded from taxation
There is no requirement to present settlements, reports and company reports the tax office.
Registration documents of the company do not contain the names and identities of its shareholders. The names are not available to the public.
Company may engage in any activities that are lawful. It can not, however, lead trade with other companies of the Marshall Islands or residents of the islands in their area.
Certificate of incorporation
The law company
The report of the first meeting of directors
The service provide the address of the company for one year from the date of registration
Service is an authorized agent for one year from the date of registration
Government fees for the first year of operation
A complete registration package is delivered by a courier – FedEx / DHL.
Total cost of registration – USD 1500.00
Apostille – USD 50.00 – promotional fee offered only at the time of registration.
Certificate of Good Standing – USD 100.00
The fees for the next year: USD 1000.00