Registration of a company at Marshall Island

Name of service Bronze Silver Gold Platinum
Check and reserve of the company name Obtaining approval from the registrar for the company name
Company registration, including state fees Preparation of a full package of documents, depending on the chosen form of ownership, cooperation with the relevant authorities prior to obtaining information on company registration
Set of constituent documents Preparation of a complete package of constituent documents of a company of any form of ownership
Legal address for 1 year Provision of legal address for your company in a given jurisdiction, eliminating the need to purchase or rent real estate
Services of nominee director for 1 year Providing a resident director, which is necessary for registering a company and opening an account at a local bank
Services of nominee shareholder for 1 year Providing a resident shareholder, which is necessary for registering a company and opening an account at a local bank
Assistance in opening an account Collection, preparation and submission of the necessary documents for opening a corporate account
Assistance in opening a personal account Collecting, preparing and submitting the necessary documents for opening a personal account
Total cost
1350 USD 1900 USD On request On request
Annual renewal (paid from the second year)
950 USD 1570 USD 1570 USD 1570 USD

Deal of the month

If you will register a company until June 30,
opening a bank account is for FREE

6 easy steps to get started
  • 1

    Select your
    preferred jurisdiction

  • 2

    Choose a bank
    that meets your
    company's needs

  • 3

    Pay for our services
    using a convenient
    payment method

  • 4

    Receive all necessary
    corporate documents

  • 5

    Receive details
    for your newly opened
    bank account

  • 6

    We'll deliver the original
    documents directly
    to you

The broad geography of activity along with extensive practical experience allows Prifinance to open companies in the Marshall Islands as quickly and competently as in any other prestigious jurisdiction. The country has signed the Hague Convention and created conditions for the free development of non-resident companies. Among the main distinctive features of the islands, there is the exemption from notary attestation of documentation. This is one of the numerous advantages this jurisdiction has. If you wish to run commercial activities here, this may be arranged in one of these forms.

Major Forms of Legal and Business Presence

If you are assessing an opportunity of establishing your business presence in this jurisdiction, it is possible to arrange in the next legal forms:

  • Limited Liability Company – a local entity suitable for doing business as the liability of its founders (members) doesn't exceed the funds contributed to such an enterprise. Another benefit is that the minimum paid-up capital is allowed to be USD1. Minimum 1 shareholder is required in this case.
  • International Business Corporation (IBC) – an option suitable for doing business worldwide. The financial obligations of the IBC’s members don’t exceed the funds contributed to such a corporation. A minimum of 1 director is required for an IBC. The minimum paid-up capital is allowed to be USD1 in this case too. But, the basic amount of registered capital shall be up to USD 50,000. Any IBC enjoys a preferential tax regime.

Registration Requirements and Steps

If you are considering an option of company incorporation in the Marshall Islands, its practical realization may cover these preliminary registration steps:

  1. Deciding on the major business priorities you are going to realize through a future enterprise.
  2. Selecting and checking a business name for a future body corporate.
  3. Collecting details about the future founders, beneficiaries, and management of an enterprise (even if such are not disclosed, they should be stored by a company).
  4. Arranging the registered address for a future enterprise.
  5. Drafting statutory documents and preparing registration forms.
  6. Lodging a complete package of required documents to the registrar.
  7. Opening a corporate bank account for a future enterprise.
  8. Registering for tax and social security purposes.
  9. Applying for and getting licenses and specific permits (necessary for regulated activities only).

The registration process in a particular case may vary a bit. Contact our professionals for more precise guidance on the registration matter.

Legal and Regulatory Framework

If you have already decided to buy offshore in the Marshall Islands, you probably know that there are no requirements on the size of the paid-up capital and that its nomination may be in any currency. The director and at least one shareholder (this is the minimum composition of the company) may be citizens of any country. Furthermore, there is nominal service available here. Registration of a company in the Marshall Islands is usually carried out in the form of IBC.

Legal registration of the company in the Marshall Islands requires complete confidentiality and tax exemption (provided the running of activities outside the state). The principal legal act in the area of doing business is the Associations Law of the Republic of the Marshall Islands. In general, the local legal and regulated framework can be considered very advantageous with straightforward procedures for business starting and maintenance.

Tax System in the Marshall Islands

While assessing an opportunity of incorporation of a company in the Marshall Islands, these tax highlights also should be taken into consideration:

  • Corporate income tax (CIT) rates – (i) a tax in the amount of USD 80 is levied on the first USD10,000 of income, and (ii) a 3% rate is applied to the rest of the revenue (for a non-resident (i.e. offshore), income is exempted from CIT)
  • Personal income tax (PIT) rates – 8-12%
  • Sales (instead of value-added) tax rates – 2% or 4%
  • Withholding tax (for non-residents) – not imposed
  • Capital gains tax (for non-residents) – not imposed

Advantages of the Jurisdiction

Marshall Islands attracts by its inexpensive registration of companies and a favorable business environment. Among the main advantages of the registration of a company in the Marshall Islands are the following:

  • Political and economic stability.
  • Clear and loyal legislation that makes the Marshall Islands a whitelisted jurisdiction.
  • Confidentiality. The personal data is recorded in the closed register. You can also use the services of nominal representatives. Disclosure of information is punishable by law.
  • In the Marshall Islands, there is no currency exchange control, liabilities for accounting and reporting.
  • Inexpensive registration allows saving money without withdrawing it from circulation. Business owners invest a minimum of facilities to the opening of the company and payment for the services of nominal representatives.
  • A possibility to issue bearer shares exists here.
  • It is possible to register a company even remotely.
  • This is a recognized jurisdiction for launching IPO projects.
  • Lots of opportunities for asset protection.

How Prifinance Specialists May Help You

We offer prompt company registration and bank account opening services in the Marshall Islands and worldwide. New registration and ready-made options. Provide extensive details for more precise consultations and suggestions that can be effective for your future project.

Cooperation

Our clients

PRIFINANCE COMPANY
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I NI N
10:31 20 Mar 24
Collaborated with the company for 3 years. I can’t say that everything was smooth from the point of view of organizing the work; there was confusion in the structure of the work, etc. But I’ll specifically highlight employee Lyubov Malinowski, she very diligently corrected all errors and was in touch at the right time, her help was significant in all processes and she approached all issues precisely. I would like to separately highlight the moment when she solved the problem at her own expense, which speaks of the person’s professionalism and increased responsibility.
K NK N
11:40 01 Mar 24
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 and securely.But that's not all. We had a slightly time-sensitive situation when it came to changing the beneficiary details on our account. Prifinance stepped up to the plate and handled everything quickly and professionally.It's not just about getting the job done. It's about how Prifinance does it. They're all about making complex financial matters simple and accessible for companies like ours. Plus, their team, especially Liubov Malinowski, has been nothing short of fantastic to work with - professional, timely and always on the ball.In short, FewMoreTaps OÜ wholeheartedly endorses Prifinance OÜ. Whether it's opening bank accounts remotely or navigating the financial legalities of running an international business, these guys have got your back. A big thank you to the entire Prifinance team for their first class support and expertise.Here's to more collaborations in the future!Best,Kiryl Nest
Mina KedisMina Kedis
18:10 23 Feb 24
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
Róbert KnapecRóbert Knapec
15:08 22 Feb 24
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.
Anna AnnaAnna Anna
13:33 07 Feb 24
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 stress-free!
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 instructions clearly and neatly. No misunderstandings!Honestly, I expected opening a Swiss bank account to be complex and time-consuming, but thanks to Prifinance, I felt like a professional financial expert. Thank you for making this process so easy and enjoyable!
Maria Jose SantomeMaria Jose Santome
20:39 13 Dec 23
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!
Valon StatovciValon Statovci
12:43 27 Nov 23
I used Prifinance to help me with a new corporate structure. The team were helpful and communicated well from the initial onboarding with Daniel to case handling by Karmen. They also responded to additional requests post incorporation very quickly, Thank you and would work with them again
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