AmPlus Business Services Limited

 

HK Harbour

Offshore Company Formation - Marshall Islands

  

Background

Location                                                                          

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.

Official Language

English

Legal System

US Common Law

Currency US dollars (USD)
Exchange Control

None

Time Zone

GMT +12



Key Corporate Features

General

Type of company:

IBC

Principal corporate legislation:

Business Corporation Act 1990

Disclosure of beneficial owner: 

No

Shell companies available: 

Yes  View Now

Corprate taxation: 

Nil

Corporate Requirements

Minimium number of shareholders/members:

1

Minimium number of directors/managers:

1

Corporate director permitted:

Yes

Company secretary required:

Yes

Standard authorised capital:

US$ 50,000

Local Requirements
Registered office/agent:

Yes

Company secretary:

No

Local directors: 

No

Government register of directors: 

No

Government register of shareholders:

No

Annual Requirements
Annual return: 

No

Submit accounts:

No

Recurring Government Costs
Minimum annual tax/license fee:

N/A

Annual return filing fee:

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

Share Capital

Minimum US$ 1 issued and allotted share capital.

Director

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

Shareholder

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

Registered Agent /Address

Require one local authorized registration agency.

Registered office must be maintained in Marshall Islands

Processing Time

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

Ready-made company, 2 - 3 working days



Marshalls Islands Companies Setup Procedure

Tailor-made Company
Step 1             
»  

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. 

Step 2 
»

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

»

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.



Ready-made Company
Step 1             
»  

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. 

Step 2 
»

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.

 

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