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 Marshall Islands
- Delaware-style law and 0% tax.Marshall Islands company registration gives you a remotely incorporated non-resident corporation under a corporate statute modelled on Delaware, with 0% local tax on worldwide income and the US dollar as the official currency. The registry is administered by the same international group behind the world’s third-largest ship register, and clean applications can be completed within 1-2 business days.
30 yrs
of experienceof experience
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 Marshall Islands in brief
A world-class shipping flag with US-style corporate law.
The Republic of the Marshall Islands is a Pacific nation in free association with the United States, using the US dollar as its official currency and corporate legislation based on the Delaware model. This makes its constitutional documents familiar to US counsel and banks. International Registries administers the corporate registry worldwide and also operates the islands’ ship register, the third-largest merchant flag in the world.
For founders, the structure is straightforward: a non-resident corporation pays no Marshall Islands tax on worldwide income, keeps its corporate registers privately with the registered agent and files no public accounts. Incorporation takes 1-2 business days through IRI’s global office network, while economic-substance requirements mainly affect relevant financial activities. The jurisdiction is particularly strong for maritime projects and structures that benefit from Delaware-style corporate mechanics at a zero rate.
Packages & pricing
Offshore company registration in the Marshall Islands - cost and packages.
01 - NRDC · NON-RESIDENT CORPORATION
Company
from$1,650USD · registration
Remote company formation in the Marshall Islands includes name reservation, registry filing, government fees and the first year of the registered agent and office.
✓Company name check and reservation✓Incorporation and all government fees✓Articles of incorporation and bylaws✓Registered agent and 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.
Start with Company →02 - NRDC · NON-RESIDENT CORPORATION
Most popularCompany + Bank Account
from$3,550USD · registration + account
A working Marshall Islands corporation with a bank or fintech account - multi-currency IBAN, cards and online banking arranged remotely.
✓Everything in Company✓Account with an EU / international EMI or bank - multi-currency, SWIFT / SEPA✓Account application and KYC file preparation✓Introduction to 2-3 suitable institutions✓Compliance onboarding support✓Dedicated account manager
Start with Banking →These are starting prices; the final quote is confirmed before filing. There is no paid-in capital requirement, while the government fee and registered-agent charges are itemised separately.
What you can do
Popular reasons to open a business in the Marshall Islands.
Marshallese law does not restrict founders by citizenship or residence, and a non-resident corporation can carry out almost any lawful international business. One company can combine several activities, while maritime registrations run through one of the world’s largest ship registries.
Shipping & maritime
Vessel ownership under the world’s third-largest ship flag, widely recognised across the tanker and shipping markets.
Listed-group SPVs
Subsidiaries and holding companies for publicly traded shipping and commodity groups using a form familiar to NYSE counsel.
International trading
Import, export and cross-border invoicing in a jurisdiction where the US dollar is the official currency.
Holding & investment
Shares, vessels and investment portfolios held through a structure using Delaware-style corporate mechanics.
E-commerce & services
Online businesses and international services invoicing clients worldwide from a zero-tax base.
Asset protection
Private registers and familiar US-style corporate law for separating family and business assets.
Why Marshall Island
Key advantages of the jurisdiction.
✓
0% for non-residents
Non-resident corporations pay no Marshall Islands tax on worldwide income, capital gains or withholding.
✓
Delaware-model law
The Business Corporations Act uses familiar mechanics for mergers, redomiciliations and share structures.
✓
Maritime brand
The corporate registry shares infrastructure with the world’s third-largest ship register, giving the jurisdiction strong recognition in maritime finance.
✓
US dollar official
Free association with the United States and use of the US dollar remove an additional FX layer.
✓
Formation in 1-2 days
IRI’s global network allows filings to be processed across multiple time zones.
✓
Privacy
There is no public register of shareholders or directors; records remain with the registered agent.
How it compares
The Marshall Islands alongside the main alternatives.
BVI offers a broader corporate brand, Belize and Seychelles compete on lower cost, and Panama shares a strong maritime profile. The Marshall Islands stand out where US-style corporate law, the US dollar and access to a major ship registry matter most. Figures current 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 government feeFrom ~$450
BVIRemote ✓
Corporate tax0%
Annual government feeFrom $450
PanamaRemote ✓
Corporate tax0% - territorial
Annual government feeFrom $300
BelizeRemote ✓
Corporate tax0% - territorial
Annual government feeFrom $350
SeychellesRemote ✓
Corporate tax0% territorial
Annual government feeFrom $150
Requirements
What Marshallese law actually requires.
01
Shareholders - one or more individuals or companies of any nationality; no residency conditions and no public disclosure.
02
Director - at least one director is required, who may live anywhere and also be the sole shareholder; corporate directors are permitted.
03
Share capital - there is no minimum and no paid-in requirement; the standard 500 registered shares keep the government fee in the lowest band.
04
Registered agent & office - the Trust Company of the Marshall Islands acts as registered agent through IRI and is included in the package.
05
Name - the company name must be distinguishable and end in Inc, Corp, Ltd or an equivalent suffix; sensitive words such as bank or insurance require consent.
06
Records - internal corporate registers and accounting records are kept with the agent and are not published; economic-substance rules apply to relevant financial activities.
How it works
From application to a registered company - within days.
To open a company in the Marshall Islands, the entire process can be completed remotely through lawyers and IRI’s worldwide office network. Documents are signed electronically, and clean applications can be incorporated from the same day to 48 hours.
01Same day
Free consultation
We confirm whether the Marshall Islands fit the corporate or maritime project and agree the full cost in advance.
021 day
KYC & documents
Passports, proof of address and a short business description; the incorporation package is prepared.
03Hours
Name reservation
The proposed corporate name is checked and reserved with the registry.
041-2 days
Registry filing
IRI files the articles and issues the certificate, with same-day service available for complete files.
053-5 days
Documents & apostille
You receive the certificate, constitutional documents and corporate registers with apostille.
061-3 weeks
Banking
The company is introduced to suitable EMIs or banks and supported through 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 international office network allows filings to take place during the client’s working day regardless of time zone, helping keep company registration in the Marshall Islands exceptionally fast.
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 Hong Kong, 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
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
0% local tax for non-resident corporations.
A non-resident Marshall Islands corporation pays no local tax on worldwide income, capital gains, withholding or stamp duties. The main recurring government cost is a fixed annual fee, and there are no exchange controls in this US-dollar jurisdiction.
Corporate income tax - 0%
Worldwide profits of a non-resident corporation sit outside local taxation, with no tax filings required.
No additional taxes
No capital gains tax, withholding on dividends or interest, or stamp duty on share transfers.
Flat annual fee
From approximately $450 per year at standard capital, regardless of turnover or profit.
Substance & records
Economic-substance rules apply to relevant financial activities; ordinary trading and holding companies keep records with the agent.
Levies in 2026
Corporate income tax0%
Capital gains taxNone
Withholding taxNone
Stamp dutyNone
Annual government feeFrom ~$450
Exchange controlsNone - US dollar official
Annual renewal with the fixed government fee is required even for dormant corporations and keeps the entity in good standing.
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
Common questions about company registration in the Marshall Islands.
Can I register a company in the Marshall Islands without visiting?+
Yes. Incorporation is handled remotely through IRI’s global office network and legal advisers, with original corporate documents sent by courier after filing.
How much does it cost to open a company in the Marshall Islands?+
Turnkey incorporation starts from $1,650, including government fees and the first year of the registered agent. Packages with account-opening support start from $3,550, with the final quote agreed before work begins.
How long does incorporation take?+
A clean application can be completed from the same day to 48 hours through IRI’s international network. Apostilled corporate documents usually follow within a week.
Will the company pay tax in the Marshall Islands?+
No. Non-resident corporations pay no Marshall Islands tax on worldwide income, with annual renewal being the main local recurring obligation. Owners may still have tax liabilities where they reside or operate.
Why do shipping companies use the Marshall Islands?+
The jurisdiction runs the world’s third-largest ship registry, widely recognised by shipping groups, tanker operators and marine insurers. Using the same jurisdiction for the vessel flag and owning company can simplify financing and vessel mortgages.
What does Delaware-model law mean in practice?+
The Business Corporations Act uses mechanisms familiar to US counsel, including board powers, mergers, consolidations and redomiciliation. This makes corporate documents easier for US-oriented banks and advisers to understand.
Are owners visible in a public register?+
No. Shareholders and directors are not listed in a public register; their records are maintained by the registered agent and disclosed only under lawful request.
What about EU listings and compliance?+
The Marshall Islands strengthened transparency and economic-substance requirements following regulatory reforms. Substance filings apply to relevant financial activities where the company falls within scope.
How is banking for a Marshall Islands company?+
Traditional banks can be selective, so many operating companies use EU and international EMIs offering multi-currency IBANs, cards and SWIFT / SEPA. Maritime structures can also work with specialist shipping-finance institutions familiar with the jurisdiction.
Marshall Islands or BVI?+
BVI remains the broader corporate default, while the Marshall Islands are particularly strong for US-facing and maritime structures because of Delaware-style law, the US dollar and the shipping registry.
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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Free consultation
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.
✓No obligation; the first consultation is free✓A clear recommendation, not a sales pitch✓Transparent fixed fees, confirmed up front✓EN · RU speaking team