Setting up an offshore company in the Marshall Islands

Companies in the Marshall Islands are really easy to start and maintain. The Marshall Islands Corporations Act of 1990 is modeled after the Delaware Corporations Act, but with additions to allow a Marshall Islands company to operate as a true offshore corporation.

It is characterised by no need to prepare an annual return or other data reporting, and there are no public records of company directors and shareholders.

A particular advantage is that here you can even the share for the presentation is available, which is now allowed in very few places in the world. In our experience, this is the main reason why customers choose this location.

It is sufficient to have 1 director and 1 shareholder of any nationality.

No need to travel to set up a company.

It is necessary to keep a financial statement, but it does not have to be submitted to any organisation and can be kept anywhere in the world.

The Marshall Islands are located halfway between Indonesia and Hawaii and are the easternmost island group in Micronesia. It is named after British naval officer John Marshall. It has been under British, Spanish, German, Japanese and American rule. It gained independence in 1986 and became a full member of the United Nations in 1991. The official language is English.

The country is politically stable.

Agriculture and tourism are the mainstays of the economy. Its main trading partners are the USA, Japan and Australia. It has 2 international airports and 12 deep-sea ports.

Financial services are provided by the Bank of Guam and Bank of Hawaii in addition to local banks. The main islands all have their own power and water plants. Telecommunications services are adequate. Their international country code is 692.

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