How to Register a Marshall Island Company

Marshall Islands is part of the Micronesian islands situated in the Pacific Ocean. Marshall Islands (IBC) is a tax-free corporation designed for engagement into all forms of international business, with no reporting and minimum record-keeping requirements, and comprehensive confidentiality features.
These are some reasons why entrepreneurs would choose to pursue Marshall Island company registration:

• When you form a Marshall Islands Company, it does not have the tainted "tax haven" reputation that is associated with many others offshore jurisdictions;
• The Marshall Islands is refusing to co-operative with the OECD regarding customer information exchange, thus making this corporate jurisdiction a secure, long term solution.
• A Marshall Islands Company is a flexible entity, allowing fast, hassle free amendments to corporate structure;
• Many international banks all over the world are willing to open corporate bank accounts for a Marshall Islands Company;
• A low cost corporate vehicle, that provides confidentiality and limited liability protection;

In addition, here are some of the favorable features of a Marshall Island company:

• There is no minimum capital requirement.
• Shares can be issued with or without par value in a variety of forms and classifications and may include voting or non-voting, Preferential or Common etc.
• Shares may be issued for money or for other valuable consideration.
• Shares are issued in registered form only; Bearer shares are no longer permitted.
• Minimum one shareholder and one director are required.
• Shareholders, directors and officers need not be resident in the Marshall Islands and can be of any nationality.
• Directors and/or officers can be either corporate entities or natural persons
• Appointment of company secretary is required and can be of any nationality and need not be resident in Marshall Islands.

For entrepreneurs who are willing to register a Marshall Island company should comply with the following basic requirements:

• Director: Minimum of one Director.
• Shareholder: Minimum of one Shareholder.
• Secretary: A Corporate Secretary.
• Shareholder(s), director(s) and Corporate Secretary can be the same individual person or a corporate entity.

Rikvin, Singapore’s leading business registration firm offers Marshall Islands company registration service. If you have further questions and you need a professional assistance, please do not hesitate to communicate with the team of Rikvin.

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