
Incorporate in Marshall Islands
Set up a Marshall Islands Company
A Marshall Islands Non-resident domestic company is a very flexible and tax-free vehicle, with just a few restrictions on the business that the company can carry out. It can engage any legal business activity, except gaming and financial services such as banking, insurance, and trust.
Non-resident domestic companies are also restricted from doing business with Marshall Islands residents or companies but may maintain professional contact with solicitors, barristers, accountants, bookkeepers, trust companies, management or secretarial companies, investment advisors, or other similar persons or entities carrying on business within the Marshall Islands.
Marshall Islands’ offshore companies are usually used as holding structures for owning movable and immovable assets and to conduct certain financial services.
Learn more about incorporating a company in the Marshall Islands
In the Marshall Islands, the two most common offshore structures are the Nonresident Corporation, incorporated under the Business Corporations Act (Associations Law), and the Limited Liability Company, registered under the Limited Liability Company Act (Associations Law).
Marshall Islands Company Formation and First-Year Fees – USD 2,150.00 (All included)
Note that our incorporation and annual corporate service fees are “all-included fees”, and cover all the required services to incorporate a company in the Marshall Islands, and keep it in good standing, as well as government fees and duties, disbursements such as courier fees, and assignments such as the certification of documents, which are generally required for opening bank accounts.
Nonresident Corporation
- All applicable Registration and Government Fees (Registrar of Corporations)
- Preparing the Consent of Incorporator, and Acting as the Incorporator of the Company
- Preparing the Articles of Incorporation, and Filing them with the Registrar of Corporations
- Providing the stamped Articles of Incorporation and Endorsement Certificate
- Providing the Certificate of Incorporation issued by the Registrar
- Preparing the Company Bylaws
- Preparing the Directors’ Resolution resolving the appointment of directors, allotment of shares, adoption of company bylaws and other related corporate matters
- Preparing the Register of Shareholders and Register of Directors
- Preparing the Share Certificates
- Preparing and Executing a Certificate of Incumbency
- Providing Registered Agent Services for one year
- Providing Registered Office Services, including business address, for one year
- Providing Certified copies of the Corporate Documents
- Delivering Certified copies of the Corporate Documents via Courier, inclusive of Courier fees
LLC
- All applicable Registration and Government Fees (Registrar of Companies)
- Preparing and executing the Statement of Certificate of Formation of the Company
- Acting as the Authorized Person of the Company, and filing the Statement of Certificate of Formation with the Registrar
- Providing the Registrar issued Certificate of Formation and the Statement of Formation stamped by the Registrar
- Preparing and executing Statement of Authorized Person, appointing initial member and resigning as Authorized Person
- Preparing the Limited Liability Operating Agreement
- Preparing the First Resolutions of the Manager
- Preparing the Membership Certificate(s)
- Providing Registered Agent Services for one year
- Providing Registered Office Services, including business address, for one year
- Delivering Certified copies of the Corporate Documents via Courier, inclusive of Courier fees
Time to form
It generally takes us 1 business day to prepare and file the incorporation documents with the Registrar. Once the company is filed, it takes 1-2 business days for the Registrar to release stamped Articles of Incorporation and issue the Certificate of Incorporation and Endorsement Certificate.
Bank Account Opening Services (Optional)
We can assist you in open bank accounts for companies in the following offshore jurisdictions:
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Andorra Bank Account - USD $ 1,200.00Andorra Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsMorabancUSD 500,000YesUSD, EUR, CHF, CAD, AUD, SEK, NOK, NZDYesPrivate Bank with focus on wealth management. If they open a corporate account for an active company, they would need that either the account has a substantial amount on the account, or that the UBO himself opens an account for wealth management.
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Antigua Bank Account - USD $ 300.00Antigua Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsDBankUSD 10,000YesUSD, EURYesIn euros DBank processes only via SEPA. In dollars at the moment only with correspondents in the US, through FEDWIRE (not ACH at the moment). Cash Secured Visa Credit Card available.Global Bank of CommerceUSD 25,000YesUSD, EUR, GBPYesCash Secured Visa Credit CardNorth International BankUSD 5,000YesUSD, EURYesUnionPay Cards work without inconvenience in the USA.
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Armenia Bank Account - USD $ 1,200.00Armenia Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsOJSC UnibankUSD 50,000YesEUR, USD, RUB, AMDYesBusiness connection to Armenia is required. The annual outgoing turnover of the client should be at least 10 mln USD per year. The annual number of outgoing transfers should be at least 60 per year. Note that the banks considers smaller companies is well on case-by-case basis, but they could charges additional fees.
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Bahamas Bank Account - USD $ 500.00Bahamas Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsCapital Union BankUSD 1,000,000NoUSDYesFamily Offices, Fund Managers and Asset Managers only.DeltecUSD 1,000,000YesMulticurrencyYesCredit Card available on a case by case basis.EFG BankUSD 1,000,000YesMulticurrencyYesRemote account opening is possible, but the bank will visit the client within first year after opening.Equity BankUSD 500,000YesUSD, EURYesPrepaid debit card available.
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Belize Bank Account - USD $ 300.00Belize Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsBelize Bank InternationalUSD 4,000YesEUR, GBP, USDYesCaye BankUSD 1,000YesUSD, EUR, GBP, CAD, CHF, AUD, AED, CNY, SEK, NOKYesPrepaid Visa cards available.Heritage BankUSD 3,000YesMulticurrencyYes
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BVI Bank Account - USD $ 900.00BVI Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsBank of AsiaUSD 20,000NoUSD, GBP, HKDYesBank of Asia does not onboard corporations who have a connection in US and Russia.VP BankUSD 500,000NoMulticurrencyYesVP Bank offers services to local BVI residents as well as international clients who have BVI companies, trusts or fund structures. It is primarily focused on financing, investment management, custodial and securities trading accounts. No Commercial Activity, only for asset management business.
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Cayman Islands Bank Account - USD $ 900.00Cayman Islands Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsCayman National BankUSD 250,000YesUSD, EUR, GBP, CAD, AUD, JPY, SEK, CHFYesNCB Cayman LimitedUSD 100,000YesUSD, EUR, CAD, GBP, AUD, MulticurrencyYesNCB Cayman Bank offers trading, private and investment bank accounts
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Cook Islands Bank Account - USD $ 600.00Cook Islands Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsCapital Security BankUSD 250,000YesUSD, EUR, GBP, CAD, NZD, AUD, SGD, HKDYesClients can have a corporate account for operational purposes only if they open an investment account as well.
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Curaçao Bank Account - USD $ 500.00Curaçao Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsExprinter International Bank N.V.USD 100,000NoMulticurrencyYesInternet Banking only for viewing the account, not for operating
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Cyprus Bank Account - USD $ 1,200.00Cyprus Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsBank of CyprusN/AYesMulticurrencyYesSupports large Cypriot and international groups, preferably operating from Cyprus and international companies in their expansion and operations in Cyprus.
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Dominica Bank Account - USD $ 300.00Dominica Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsBanfers International Private Bank (former Ferz Global Bank)USD 35,000-50,000YesUSD, EUR, GBP, CHFYesMinimum initial deposit 35.000 USD, 50.000 USD - depending on the risk and account typesEqiBankUSD 15,000YesUSD, EUR, GBPYesKingdom BankN/ANoEUR, USDYesSWIFT transactions are carried out only through a pool account in the name of the bank.
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Gibraltar Bank Account - USD $ 1,200.00Gibraltar Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsMoneycorp Bank Limitedcase-by-caseNoMulticurrencyYesTuricum Private BankUSD 200,000NoUSD, EUR, GBPYes
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Hong Kong Bank Account - USD $ 1,400.00Hong Kong Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsDBS BankHKD 200,000YesHKD, USD, MulticurrencyYesA business nexus in Hong Kong is strictly required, in the form of clients, suppliers, employees or other counterparties.
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Isle of Man Bank Account - USD $ 1,200.00Isle of Man Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsCapital International BankN/ANoUSD, AUD, EUR, CZK, DKK, HUF, SGD, JPY, NOK, GBP, ZAR, ILS, NZD, PLN, CHF, SEK, CAD, BGNYesPreferred industries: Asset Holding Entities, e-sports, yachting, aviation, e-commerce, internet sales and trading, business consultancy, advertising and marketing, property development and management.
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Labuan Bank Account - USD $ 500.00Labuan Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsBank IslamUSD 10,000NoUSD, JPY, SGD, EUR, GBPYesCitibankUSD 250,000NoMulticurrencyYesMayBank International Labuan BranchUSD 25,000NoUSD, EUR, CAD, CHF, GBP, HKD, SGD, JPY, THB, AEDYesThey focus more on Labuan incorporated entities.
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Liechtenstein Bank Account - USD $ 1,200.00Liechtenstein Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsBendura BankUSD 500,000NoMulticurrencyYesEvery active NFE needs to have a substance.
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Luxembourg Bank Account - USD $ 1,200.00Luxembourg Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsEast West United BankN/ANoUSD, EUR, GBP, RUB, CHFYesCompanies conducting commercial activities are expected to conduct at least 30 incoming / outgoing transactions per month.
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Mauritius Bank Account - USD $ 600.00Mauritius Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsBank OneUSD 50,000NoMulticurrencyYesInvestecUSD 50,000YesMulticurrencyYes
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Nevis Bank Account - USD $ 300.00Nevis Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsBONIUSD 10,000NoUSD, EUR, GBP, Multicurrency, CHF, CADYesHamilton Reserve BankUSD 100,000NoUSD, EUR, GBP, CHF, AUD, CAD, AED, JPY, SGD, HKDYesIMBLUSD 25,000NoMulticurrencyYes
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Panama Bank Account - USD $ 1,200.00Panama Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsCapital BankUSD 20,000YesUSDYesCredicorpUSD 50,000YesUSD, EURYesMMG BankUSD 10,000YesUSD, EUR, CHF, GBP, CADYes
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Puerto Rico Bank Account - USD $ 300.00Puerto Rico Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsStrategic BankUSD 150,000NoUSDYesArival BankN/ANoUSDYesCB International Bank LLCN/AYesMulticurrencyYesUnionpay Merchant service for clients.
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Saint Lucia Bank Account - USD $ 300.00Saint Lucia Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsPROVEN BANK (Former BOSLIL)USD 5,000YesUSD, EUR, GBP, HKD, Multicurrency, CAD, CHF, AED, AUD, NZD, NOK, SEK, THB, JPY, ZARYes
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Seychelles Bank Account - USD $ 500.00Seychelles Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsAl SalamUSD 25,000NoUSDYesInternet banking is in view mode only, all transactions are carried out via email or by phone.
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Singapore Bank Account - USD $ 900.00Singapore Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsOCBC BankUSD 30,000NoUSD, SGD, AUD, CAD, HKD, NZD, GBP, EUR, JPY, CHFYesNexus in the form of client/supplier/partner/contractor in Singapore required.RHBSGD/USD 30,000NoMulticurrencyYesNexus in the form of client/supplier/partner/contractor in Singapore required.DBS BankSGD 250,000NoMulticurrencyYesNexus in the form of client/supplier/partner/contractor in Singapore required.UOB BankSGD 250,000NoMulticurrencyYesNexus in the form of client/supplier/partner/contractor in Singapore required.Credit SuisseUSD 3,000,000NoUSD, SGDYesBank of ChinaSGD 100,000NoUSD, SGD, EUR, GBP, NZD, RMB, AUD, JPY, HKD, CHF, CADYesNexus in the form of client/supplier/partner/contractor in Singapore required.HSBCSGD/USD 30,000NoSGD, AUD, CAD, RMB, EUR, HKD, JPY, NZD, GBP, USDYesNexus in the form of client/supplier/partner/contractor in Singapore required.
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Switzerland Bank Account - USD $ 1,200.00Switzerland Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsMaerki BaumannCHF 500,000YesMulticurrencyYesmbaerCHF 5,000NoMulticurrencyYesCompanies must have an expected turnover of at least CHF 3,000,000.SygnumCHF 3,000,000NoMulticurrencyYesDeposit must be maintained in crypto assets held through the bank's custody services. Minimum Average Balance for high risk jurisdictions should be 1-2Mio CHF.Credit SuisseCHF 1,000,000NoMulticurrencyYesSEBA BankCHF 500,000YesEUR, GBP, CHF, CAD, AUD, JPY, SGD, PLN, HKD, NOK, SEK, ILS, MXN, DKK, TRL, NZD, AEDYesSEBA Bank does not open accounts with a pure transactional business nexus.
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USA Bank Account - USD $ 1,400.00USA Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsUSA Bank AccountUSD 100,000NoUSDYesmin deposit USD 100k and more AND/OR with revenues of USD 1MUSA Bank AccountUSD 5,000YesUSDYesThe company should trade in Asia and the USA.USA Bank AccountTypically USD 25,000 - USD 50,000, for high risk USD 500,000YesUSDYesAt least one US based signatory is required. Purpose to open an account in US is required.USA Bank Accountfrom 10,000 but preferred 250K-300KYesUSD, MulticurrencyYesThey tend to focus more on technology/startup companies that are focused on growing and scaling through future equity raises and subsequent debt facilities.
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Vanuatu Bank Account - USD $ 500.00Vanuatu Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsPacific Private Bank1,500 EURNoEUR, GBP, USDYesOutgoing USD transactions cannot be facilitated.
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EMI Account - USD $ 300.00EMI AccountsEMIMin DepositCardsCurrenciesRemoteDNBC (CA) (former DSBC)N/ANoEUR, CAD, GBP, CHF, HKDYesAirwallexN/AYesMulticurrencyYesCurrenxieN/AYesMulticurrencyNoPayoneerN/AYesMulticurrencyYesStatrysN/AYesMulticurrencyYesCollect & PayDepending on category.NoMulticurrencyYesBankeraN/AYesEURYesConnect PayN/AYesMulticurrencyYesGurupayN/ANoEURYesIBSettleN/ANoEURYesMistertangoN/AYesEURYesSettleDeskN/ANoEURYesValyuzN/AYesEUR, USD, GBP, SEK, JPY, HKDYesVerifoN/ANoEURYesVialetN/AYesEURYesFinductiveN/ANoEURYesAspireN/AYesSGD, USDYesBilderlingsN/AYesEUR, GBPYesCashaaN/ANoEUR, GBPYesIFXN/ANoEUR, GBPYesInterpolitan MoneyDepending on category.NoMulticurrency, USD, EUR, GBPYesMoneviumN/ANoEURYesMontifyN/ANoMulticurrencyYesRationalFXN/ANoMulticurrencyYes
Our bank account opening service is not just a mere introduction to the bank. We assist you in filling out the business plan forms appropriately and help you understand and provide business details, commercial information, and purpose/use of the bank account that a given bank wants to know in order to approve your account application.
Banks want certainty and clarity on how the account will be used. Everything must be watertight. We will work with you to make sure there is minimal ‘back and forth’ and a smooth account opening process.
Nominee Director Services (Optional)
- Nominee Director – USD 1,900.00 p.a.
- Nominee Shareholder – USD 1,600.00 p.a.
Annual Fees – USD 1,050.00 (payable one year after incorporation, and annually thereafter)
- All Applicable Government Fees
- Maintaining Minute Book, Registers and Statutory Records
- Providing a Certificate of Good Standing
- Providing Registered Agent Services for one year
- Providing Registered Office Services, including business address, for one year