AmPlus Business Services Limited

Background

The Marshall Islands are located in the middle of the Pacific Ocean, nearly midway between Indonesia and Hawaii. They are the easternmost island group in Micronesia.

About 68,000

Agriculture and tourism are the mainstays of the economy. It has a stable business environment, due in part to the longstanding US involvement with the islands.

English, Marshallese

US Common Law

None

GMT +12

Key Corporate Features

General

Type of company:

IBC

Principal corporate legislation:

Business Corporation Act 1990

Political stability:

Excellent

Disclosure of beneficial owner: 

No

Migration of domicile permitted: 

Yes

Corprate taxation: 

Nil

Minimium number of shareholders/members:

1

Minimium number of directors/managers:

1

Corporate director/manager permitted:

Yes

Company secretary required:

Yes

Standard authorised capital:

US$ 50,000

Yes

No

No

No

No

No

No

No

N/A

N/A

Advantages of Marshalls Islands Companies

Totally exempt from Marshall Islands income tax if no business in Marshall Islands.

No disclosure of shareholders or directors to the public or the government. 

Only one shareholder and director is required.

Do not require a resident secretary, local shareholders, or local directors.

Minimum issued and paid up share capital required is US$ 1.

No mandatory requirement for annual return / accounts filing.

Restrictions on Marshalls Islands Companies

Prohibit from carrying on any business with persons residing in Marshall Islands.

Prohibit from carrying on business of or undertaking any activity that is associated with the banking or insurance industries. 

Marshalls Islands Companies Setup Requirement

Minimum US$ 1 issued and allotted share capital.

At least one, no nationality limitation, individual or corporate is also allowed. 

At least one, no nationality limitation, individual or corporate is also allowed.

Require one local authorized registration agency.

Registered office must be maintained in Marshall Islands

Tailor-made company, about 8 - 10 working days.

Ready-made company, 2 - 3 working days

Marshalls Islands Companies Setup Procedure

Suggest at least 3 company names for the proposed company.

We will conduct name search to ensure the proposed names have not yet been registered. 

Provide basic information about directors and shareholders (including address, nationality and passport or ID card copy), company secretary and registered address.

Confirm company structure and share allocation.

Fill in the related order form and provide identification documents together with the first 50% payment.

Step 3

We will prepare incorporation / registration documents and send to you by email for your signature.

You will need to sign incorporation / registration documents and send back to us together with the final payment.

Step 4

We will collect Certificate of Incorporation (CI) upon approval of registration and prepare company kit for the new company.

Upon completion, you will receive full set of incorporation / registration documents and company kit by courier.

Choose a preferred company name from the ready made companies list.

Provide basic information about directors and shareholders (including address, nationality and passport or ID card copy). 

Fill in the related order form and provide identification documents together with the first 50% payment. 

We will prepare relevant incorporation / registration documents and send to you by email for your signature.

You will need to sign the incorporation /registration documents and pass them back to us together with the final payment.

Step 3

We will send copy of CI to you for confirmation and prepare the company kit.

You will receive full set of incorporation / registration documents and company kit by courier upon completion.