Choose the jurisdiction which best suits your needs
International Business Company
Procedures to incorporate
Currently, the Marshall Islands is a democratic and independent state, which has had no legal reform in the last 12 months. The foundation of the legal system in the Marshall Islands partially derives from the legislation of Delaware State, which ensures friendliness and flexibility of the legal infrastructure towards the business community, making it a suitable choice for international corporations, Partnerships, Limited Liability Partnerships and Limited Liability Companies in various capacities.
- Total Area: 181 sq. km
- Population: 70,000
- Location: The Marshall Islands is a Micronesian island nation in the western Pacific Ocean, located north of Nauru and Kiribati, east of the Federated States of Micronesia and south of the US territory of Wake Island.
- Political status: Republic
- Capital: Majuro
- Official Language: English, Marshall
- Official Currency: USA Dollar (USD)
- Time Zone: GMT +12
Directors/Officers: Marshall Islands non-resident companies require a minimum of 1 Director, who may be a natural person or a corporate body from any legal jurisdiction. Each Marshall Islands company must keep information on its Directors with the Registered Agent.
Filing of Financial Statements: There is no requirement to file Financial Statements in the Marshall Islands for Non-Resident companies.
Marshall Islands companies and their Tax Liability
The Marshall Islands has a stable business environment; the currency is the US dollar.
+ Basic Taxes (briefly) – Personal Tax
Personal income tax in the Marshall Islands is 8% for the first $10,400 of income and 12% on any income exceeding $10,400. Salaries received by United States contractor personnel in the Marshall Islands are subject to 5% tax.
+ Corporate tax (in detail)
Businesses doing business on the Marshall are subject to income tax. The revenue includes all income, the enterprise can be either a legal entity or not. In 2021, tax is levied at $ 80 on the first $ 10,000 of revenue and 3% on the excess.
Local authorities levy sales tax at rates of 2-4%.
+ Other taxes, Government fee, Stamp duty
Atrium & Associates specializes in Marshall Islands company formations ranging from simple company registrations to complex tax planning and asset protection structures and in providing a very comprehensive assortment of administrative services to Marshall Islands companies, including the provision of Nominee Director, Nominee Shareholder, Mail Forwarding and Bank Account services. We are also able to offer a ‘transfer in’ service whereby we can take over the management of your existing Marshall Islands Offshore Company, often for no cost at all.
Our Marshall Islands company formation and company registration team:
- Retains well-established affiliations with local company agents in the Marshall Islands.
- Maintains an experienced staff with knowledge of legal requirements for company formation in Marshall Islands.
- Guarantees that all company filing fees and documents are up-to-date and notifies clients of all Marshall Islands compliance changes.
Packages and Prices
The cheapest option – accountancy support, free business consultant and much more.
A special package that includes a Business Company plus fully functioning bank.
Includes all services of Business Package plus full Nominee Services, Director and Shareholder.
How can we help you?
Should you have any question, our Business Development Managers team will be ready to guide and assist you!