set up a company in marshall islands incorporation

Incorporate in Marshall Islands

$2,150.00

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

Marshall Islands Non-Resident Domestic Company (NRDC) 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 Nonresident 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 preparation of a certificate of incumbency, and the notarization of documents, which are generally required for opening bank accounts.

  • 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 Original, and 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 open bank accounts for Marshall Islands companies in the following jurisdictions:

  • Cook Islands Bank Account (1 Bank, Remotely) – USD 600.00 – Brokerage Accounts available
  • Cayman Islands Bank Account (5 Banks, Remotely) – USD 900.00 – Brokerage Accounts and Debit/Credit Cards Available
  • British Virgin Islands Bank Account (1 Bank, Remotely) – USD 900.00 – Brokerage Accounts Available
  • Mauritius Bank Account (3 Banks, Remotely) – USD 600.00 – Debit/Credit Cards Available
  • Labuan Bank Account (1 Bank Remotely) – USD 500.00
  • Bahamas Bank Account (4 Banks, Remotely) – USD 500.00 – Brokerage Accounts Available
  • Curaçao Bank Account (2 Banks, Remotely) – USD 500.00 – Debit/Credit Cards Available
  • Singapore Bank Account (5 Banks, Remotely) – USD 900.00 – Debit/Credit Cards Available – Remote account opening available due to COVID-19
  • Hong Kong Bank Account (3 Banks, In-person) – USD 2,000.00 – Debit/Credit Cards Available
  • Armenia Bank Account (1 Bank, Remotely) – USD 1,200.00 – Debit/Credit Cards and Brokerage Accounts Available
  • Turkey Bank Account (1 Bank, Remotely) – USD 1,200.00 – Debit/Credit Cards and Brokerage Accounts Available
  • Puerto Rico Bank Account (2 Banks, Remotely) – USD 300.00 – Debit/Credit Cards Available and Brokerage Accounts available
  • Antigua Bank Account (2 Banks, Remotely) – USD 300.00 – Debit/Credit Cards Available
  • Nevis Bank Account (1 Bank, Remotely) – USD 300.00 – Debit/Credit Cards Available
  • Belize Bank Account (1 Bank, Remotely) – USD 300.00 – Prepaid Cards Available
  • Saint Lucia Bank Account (1 Bank, Remotely) – USD 300.00
  • Dominica Bank Account (2 Banks, Remotely) – USD 300.00 – Debit/Credit Cards Available

All our bank account options provide for accounts in major currencies (USD, EUR, GBP, CHF, etc) as well as internet banking facilities. Note that “Remotely/In-person” means whether the account can be opened remotely or a personal visit to the bank is required to finalize the application.

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.

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
SKU: INC-KN-001-1-2 Category:
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