Dmitri Mihhailov
General Partner
Leads Prifinance's corporate practice and oversees client engagements, with senior expertise in international company structuring and bank-account setup.
Register a company in the Marshalls, Delaware law, zero tax.
Set up a Marshall Islands company without leaving your desk: a corporate statute modelled on Delaware, 0% tax for non-resident companies, the US dollar as official currency, and a registry run by the same group behind the world's third-largest ship flag. Incorporation in a day through offices on every continent.A Marshall Islands corporation set up remotely in 1-2 days: Delaware-model law, 0% for non-residents, USD native, and the registry behind the world's third-largest ship flag.
27 yrs
on the international marketon the market
60+
in-house specialistsspecialists
6,000+
companies servedcompanies served
Updated
Marshall Island · at a glance
Legal formNRDC · Non-Resident Corporation
Time to set up1-2 business days
Corporate tax0% - non-resident
Official currencyUS dollar
Min. share capitalNo minimum
Remote setupYes - via registered agent
4.7
★★★★★
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The Marshalls in brief
The shipping world's favourite flag, on land.
The Republic of the Marshall Islands is a Pacific nation in free association with the United States - the US dollar is its currency, and its corporate law was drafted on the Delaware model, which is why American counsel read Marshall Islands articles like home cooking. The registry is administered worldwide by International Registries, the group that also runs the islands' ship register - the third-largest merchant flag on earth, carrying household-name tankers and dozens of NYSE-listed shipping groups.
For company founders the offer is clean: a non-resident corporation pays no Marshall Islands tax on its worldwide income, keeps its registers private with the registered agent, files no public accounts, and incorporates in a day or two through IRI offices in every major port city. Economic-substance rules apply to relevant financial activities, and after the islands' compliance reforms the register runs to modern AML standards. Where the flag truly shines is anything touching the sea, plus any structure that benefits from Delaware-style mechanics at a zero rate.
The Marshalls are a Pacific nation in free association with the US - dollar currency, Delaware-modelled corporate law, and a registry administered worldwide by IRI, the group behind the third-largest merchant flag on earth.
A non-resident corporation pays no local tax on worldwide income, keeps registers private, files no public accounts and incorporates in a day. Substance rules touch only relevant financial activities.
Packages & pricing
Marshall Islands company registration - cost & packages.
01 - NRDC · NON-RESIDENT CORPORATION
Company
from$2,100USD · all-in
Remote incorporation of a Marshall Islands corporation - name reservation, registry filing, government fees and the first year of the registered agent and office included.
✓Company name check & reservation✓Incorporation & all government fees✓Articles of incorporation & bylaws✓Registered agent & office - first year✓Corporate documents with apostille✓Free pre-incorporation consultation
Optional add-ons: nominee services - on request · certified document sets - from $150 · annual renewal - from $1,300/year.Add-ons: nominee services on request · certified copies from $150 · renewal from $1,300/year.
Start with Company →02 - NRDC · NON-RESIDENT CORPORATION
Most popularCompany + Bank Account
from$3,700USD · all-in
A working Marshall Islands corporation with a fintech or bank account - multi-currency IBAN, cards and online banking, arranged fully remotely.
✓Everything in Company✓Account with an EU/international EMI or bank - multi-currency, SWIFT/SEPA✓Account application & KYC file preparation✓Introduction to 2-3 suitable institutions✓Compliance onboarding support✓Dedicated account manager
Start with Banking →Starting prices, confirmed before we file. The Marshalls have no paid-in capital requirement; the flat government fee and agent charges are itemised.Starting prices, confirmed before filing. Flat government fee and agent charges itemised.
What you can do
Popular uses for a Marshall Islands company.
Marshallese law does not restrict founders by citizenship or residence, and a non-resident corporation may pursue almost any lawful business outside the islands. One company can combine several of the uses below; maritime registration runs through the world-class ship registry.A non-resident corporation may pursue almost any lawful business outside the islands.
Shipping & maritime
Vessel ownership under the world's third-largest flag. The registry the tanker market trusts.
Listed-group SPVs
Subsidiaries and holdcos for public shipping and commodity groups. NYSE lawyers know the form.
International trading
Import-export and cross-border invoicing with USD as the official currency.
Holding & investment
Shares, vessels and portfolios held under Delaware-style corporate mechanics.
E-commerce & services
Online business billed worldwide from a zero-tax base.
Asset protection
Private registers and familiar US-style law for ring-fencing family or business assets.
Shipping & maritime
The world's third-largest flag.
Listed-group SPVs
NYSE lawyers know the form.
Trading
USD-native invoicing.
Holding & investment
Delaware-style mechanics.
E-commerce & services
Billed worldwide at 0%.
Asset protection
Private registers, familiar law.
Why Marshall Island
Key advantages of the jurisdiction.
✓
Genuine zero tax
Non-resident corporations pay no Marshall Islands tax on worldwide income. No corporate, capital-gains or withholding tax.No corporate, gains or withholding tax.
✓
Delaware-model law
The Business Corporations Act mirrors Delaware. Mergers, redomiciliations and share mechanics US counsel accept on sight.US counsel accept it on sight.
✓
The maritime brand
Sharing a registry with the world's third-largest ship flag gives the flag instant recognition in shipping finance.Instant recognition in ship finance.
✓
US-dollar native
Free association with the United States and the dollar as official currency. No FX layer at all.Free association with the US.
✓
Registered in a day
IRI offices across the globe incorporate same-day to 48 hours, in your time zone.IRI offices in every time zone.
✓
Privacy by default
No public register of shareholders or directors; records stay with the registered agent.No public registers of owners.
How it compares
The Marshalls next to the usual shortlist.
BVI has the broader corporate brand; Belize and Seychelles undercut on price; Panama shares the maritime DNA. The Marshalls win where US-style law and the ship registry matter. Figures current as of 2026.BVI is the broader default; Panama shares the maritime DNA; Belize and Seychelles undercut. Figures as of 2026.
| Country | Corporate tax | Annual government fee | Fully remote incorporation |
|---|---|---|---|
| Marshall Islands | 0% - non-resident | From ~$450 | Yes - same-day to 48h via IRI |
| BVI | 0% | From $450 | Yes - corporate standard |
| Panama | 0% - territorial | From $300 | Yes - maritime rival |
| Belize | 0% - territorial | From $350 | Yes - budget option |
| Seychelles | 0% territorial | From $150 | Yes - cheapest |
Marshall IslandsRemote ✓
Corporate tax0% - non-resident
Annual feefrom ~$450
BVIStandard
Corporate tax0%
Annual feefrom $450
PanamaMaritime
Corporate tax0% - territorial
Annual feefrom $300
BelizeBudget
Corporate tax0% - territorial
Annual feefrom $350
SeychellesCheapest
Corporate tax0% territorial
Annual feefrom $150
Requirements
What Marshallese law actually demands.
01
Shareholders - One or more shareholders, individuals or companies of any nationality; no residence conditions and no public disclosure.
02
Director - A minimum of one director, who can live anywhere and may be the sole shareholder; corporate directors are permitted.
03
Share capital - No minimum and no paid-in requirement; the standard 500 registered shares keep the government fee at its lowest band.
04
Registered agent & office - The Trust Company of the Marshall Islands acts as registered agent through IRI - included in the package.
05
Name - A distinguishable name ending in Inc, Corp, Ltd or an equivalent suffix; sensitive words such as bank or insurance need consent.
06
Records - Internal registers and accounting records kept with the agent. Not published; economic substance applies to relevant financial activities.
How it works
From application to a live company in days.
Filing runs through IRI's worldwide offices; you sign remotely, and clean files incorporate same-day to 48 hours.Filed through IRI's worldwide offices; clean files incorporate same-day to 48 hours, in your time zone.
01Same day
Free consultation
We confirm that the Marshalls fit your case. Corporate or maritime. And fix the full cost.
021 day
KYC & documents
Passports, proof of address and a short description of the business; we prepare the incorporation pack.
03Hours
Name reservation
We check and reserve the corporate name with the registry.
041-2 days
Registry filing
IRI files the articles and issues the certificate. Same-day service available.
053-5 days
Documents & apostille
You receive the certificate, articles and registers, apostilled for use abroad.
061-3 weeks
Banking
We introduce the company to suitable EMIs or banks and support the account opening.
Quick facts
Legal formNon-Resident Corporation
Min. share capitalNo minimum
Government feeFrom ~$450/year
Standard processing1-2 business days
Public registersNone
Annual accountsNot filed
CurrencyUS dollar
IRI's office network means filings happen in your working day, whatever your time zone.
On the ground
On the ground in the Marshalls.
Prifinance - Marshall Islands
Majuro
Majuro, Marshall Islands
01
Offshore incorporation specialists
Your setup is run by a team that files Pacific and Caribbean structures through licensed agents every week.
02
Registered agent included
The statutory agent and registered address keep the corporation in good standing while you operate remotely.
03
Maritime experience
Vessel registrations and shipping SPVs are scoped with flag-state specialists. One team from company to flag.
04
Also in Tallinn, London, Dubai & more
A network of offices across Europe, the Gulf and the Americas. One team for your whole international structure.
We also have offices in
Tallinn
Estonia
Roseni 13
Hong Kong
Hong Kong
5/F, Yau Lee Centre, 45 Hoi Yuen Road, Kwun Tong
Vilnius
Lithuania
Gedimino pr. 2
London
United Kingdom
7 Bell Yard
Prague
Czech Republic
Vlkova 532/8, Žižkov
Berlin
Germany
Rankestraße 26
Madeira
Portugal
Rua da Alegria 31, 1F
Budapest
Hungary
Korányi Sándor u. 4
Istanbul
Türkiye
Perpa Ticaret Merkezi, A Blok
Dubai
UAE
33 Level, Al Saqr Business Tower
Toronto
Canada
1110 Finch Avenue West, suite 406
Singapore
Singapore
3 Church Street, #29-68 Samsung Hub
Bangkok
Thailand
Unit P01, Penthouse, VASU1, 1 Sukhumvit 25 Alley
Foshan
China
A-Tower, Yuneng Digital Plaza, 46 Lishui Avenue South
Almaty
Kazakhstan
Republic Square 13
Bishkek
Kyrgyzstan
32 Razzakov Street
Taxation 2026
Zero for non-residents, by statute.
A non-resident Marshall Islands corporation pays no local tax on its worldwide income - no corporate income tax, no capital-gains tax, no withholding, no stamp duties. The recurring state cost is the flat annual fee, and there are no exchange controls in a dollar-native jurisdiction.0% on worldwide income for non-residents; flat annual fee; no exchange controls - USD is the official currency.
Corporate income tax
None for non-resident corporations. Worldwide profits sit outside Marshallese taxation, with no tax filings.None for non-resident corporations; no filings.
No hidden add-ons
No capital-gains tax, no withholding on dividends or interest, no stamp duty on share transfers.No gains, withholding or stamp taxes.
Flat annual fee
From roughly $450 per year at standard capital. Independent of turnover or profit.From ~$450. Independent of profit.
Substance & reporting
Economic-substance rules apply to relevant financial activities; ordinary trading and holding companies keep records with the agent.ESR touches only financial activities.
Levies in 2026
Corporate income tax0%
Capital gains taxNone
Withholding taxNone
Stamp dutyNone
Annual government feeFrom ~$450
Exchange controlsNone - USD native
One flat-fee renewal a year keeps the corporation in good standing, dormant companies included.
Your team
The specialists who'll handle your case.
Eugeniu Bevziuc
Corporate services advisor
Advises clients on company formation, VAT and ongoing compliance, coordinating each step of the setup across the EU.
Alex Danila
Company formation specialist
Your day-to-day contact - coordinates incorporation, documents and the bank introduction, from the first call through to launch.
Follow Prifinance
Active across our channels.
Watch: opening a company in the Marshall Islands with Prifinance
Delaware mechanics at a Pacific zero - full support for your Marshall Islands corporation, start to finish.
Talk to a specialist →FAQ
Marshall Islands mechanics, explained.
Can I open a company without visiting the islands?+
Yes - nobody visits. Incorporation runs through IRI's worldwide offices and our lawyers; original documents are couriered to you after filing.
How much does it cost to set up a Marshall Islands company?+
Turnkey incorporation starts from $2,100 including government fees and the first year of the registered agent. With an account arranged, packages start from $3,700. The exact quote is fixed before work begins.
How long does incorporation take?+
Same-day to 48 hours - IRI's office network files in your time zone, and apostilled documents follow within a week.
Will the company pay tax in the Marshalls?+
No - non-resident corporations pay no Marshall Islands tax on worldwide income, with no local filings beyond the annual renewal. The owners' home countries keep their own rules; we walk that side with you first.
Why do shipping companies love this flag?+
The islands run the world's third-largest ship register, trusted by tanker majors and listed on every marine insurer's approved list. Pairing the vessel flag with a same-jurisdiction owning company keeps financing and mortgages clean - dozens of NYSE-listed shippers do exactly that.
What does Delaware-model law mean in practice?+
The Business Corporations Act copies Delaware's mechanics: board powers, mergers, consolidations, redomiciliation in and out. US lawyers and banks read the documents without a glossary - rare comfort in the offshore world.
Are the owners visible in a public register?+
No. Shareholders and directors are not on any public register; records are maintained by the registered agent and disclosed only under lawful request.
What about the EU listings the islands had?+
The Marshalls tightened substance and transparency rules and came off the EU blacklist after reforms. Economic-substance filings apply to relevant financial activities - we handle them where your case is in scope.
How is banking for a Marshall Islands company?+
Classic banks are selective, so most operating accounts run through EU and international EMIs: multi-currency IBANs, cards, SWIFT/SEPA. Shipping structures bank with marine-finance institutions that know the flag well.
Marshall Islands or BVI?+
BVI is the broader corporate default; the Marshalls win on US-style law, dollar nativity and anything maritime. For a shipping group or a US-facing structure, the Marshalls usually feel like home faster.
Client notes
Google4.7★★★★★
Founders who wanted it done right.
Google4.7★★★★★
“As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly…”
Google
“I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia”
Google
“We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.”
Google
“I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license…”
Google
“Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and…”
Google
“I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!”
Google
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Start your Marshall Islands company today.
A few lines about the business are enough; a specialist replies within one business day with a recommended structure, a timeline and a fixed quote.A Marshall Islands specialist replies within one business day with a recommended structure, a timeline and a fixed quote.
✓No obligation; the first consultation is free✓A clear recommendation, not a sales pitch✓Transparent fixed fees, confirmed up front✓EN · RU speaking team