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UK Company Registration

The UK company has a high international legal status and a good image and is the registered place of most offshore company in the world.

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Seychelles Company Registration

Seychelles was originally a French colony and was deeply influenced by France.

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Hong Kong Company Registration

This makes Hong Kong a leading international market and financial center for entrepreneurs.

Taipei
TEL:+886-2-2557-5607

Taichung
TEL:+886-4-2320-2793

Shanghai
TEL:+86 21-6090-4391

Shenzhen
TEL:+86 755-83176807

interarea@interareapsp.com

The Marshall Islands attracts many businesses and investors from around the world due to its stable political environment, flexible corporate regulations and high degree of confidentiality.

The offshore company registration process in the Marshall Islands is simple and does not require the disclosure of personal information of directors, shareholders and ultimate beneficiaries, making it an ideal offshore company choice for protecting assets and conducting international trade.

I.Introduction to the Marshall Islands

  • The Republic of the Marshall Islands is located in the North Pacific and consists of 29 atolls and 5 isolated islands. It has a stable political environment and the US dollar as its official currency. The country offers zero tax rates, free and unregulated capital entry and exit, and a high degree of protection of property privacy, making it an ideal location for offshore company registration. After independence in 1986, the Marshall Islands signed the Agreement of Free Association with the United States to ensure that the United States provided defense, funding and social services. The country’s economy relies largely on services, fishing and agriculture, and much of its gross domestic product comes from U.S. aid. After setting up a company, the company can also open a local bank account to further improve the convenience of fund management.
  • Location
    The Marshall Islands is an island located in the North Pacific and is part of the country Micronesia. It has a land area of ​​181 square kilometers and a sea area of ​​more than two million square kilometers. The population is dispersed and settled in 34 coral islands consisting of 1,156 islands.Its maritime neighbors are Wake Island to the north, Nauru to the south, Federated States of Micronesia to the west, and Kiribati to the southeast. The most populous atoll is Majuro, which is also the capital of the Marshall Islands.
  • Population
    68,480.
  • Currency
    USD
  • Language
    English, Marshallese.
  • Time zone
    UTC+12.
  • Legal system
    Common law.
  • Economy
    There are about 60,000 people in the country, mainly engaged in fishing and agriculture. The sea area is rich in resources such as cobalt shells and manganese nodules, and is rich in fish products. Exports mainly include frozen fish, coconut products, processed products and local handicrafts.
  • Corporate regulations
    International Business Company Law.
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Population
68,480 People

USD
Currency

UTC+12
(Marshall Time)

Common Law
Legal system

Regulations
Business Company Law

  • Location
    The Marshall Islands is an island located in the North Pacific and is part of the country Micronesia. It has a land area of ​​181 square kilometers and a sea area of ​​more than two million square kilometers. The population is dispersed and settled in 34 coral islands consisting of 1,156 islands.Its maritime neighbors are Wake Island to the north, Nauru to the south, Federated States of Micronesia to the west, and Kiribati to the southeast. The most populous atoll is Majuro, which is also the capital of the Marshall Islands.
  • Language
    English, Marshallese.
  • Economy
    There are about 60,000 people in the country, mainly engaged in fishing and agriculture. The sea area is rich in resources such as cobalt shells and manganese nodules, and is rich in fish products. Exports mainly include frozen fish, coconut products, processed products and local handicrafts.
  • Exchange controls
    No exchange controls.

II.Advantages of offshore companies in Marshall

1.Based on the common law and closely following the pulse of the market, it is very popular among foreign businessmen.
2.The company does not need to declare beneficiaries and does not need to declare an annual profit and financial status.
3.The company is not required to present annual or audited accounts and there is no need to hold an annual general meeting.
4.Corporate taxation: Overseas income is not subject to tax and is not subject to foreign exchange regulations.
5.Company property protection: maximum property protection and convenient Fund procurement.
6.Company confidentiality: Detailed information of shareholders and directors is not publicly available.
7.Company flexibility: The name of the company in Marshall can be added to the Chinese name.

III.Basic requirements for Marshall offshore companies

Registration requirements

  • 1.Company composition:
    Only one applicant can set up an overseas Marshall company, the name can be “end of the company”, such as LIMITED, CORPORATION, INCORPORATED or their abbreviations, such as LTD, CORP or INC.
  • 2.Company registered capital:
    The standard fund is USD 50,000, no capital verification is required.
  • 3.Director of the company:
    One or more directors, which may be a legal entity or a natural person of any nationality.
  • 4.Secretary of the company’s board of directors:
    Although the secretary is not mandatory, the Marshall government recommends doing so.
  • 5.Marshall Corporate Board Meeting:
    Directors may meet in any country or participate in such meetings through an agent.
  • 6.Marshall Company Seal:
    Marshall Islands companies must have their own seals, and the company seals must be submitted to the company registration office.
  • 7.Corporate Taxation:
    Exemption from any taxes on business activities and commercial activities outside the Marshall Islands.

IV.Marshall offshore company registration requirements

A.The newly named Marshall Company (which can be found immediately) takes about 7-10 business days.

B.Marshall’s registered name cannot appear as “trust company” , “securities” or “banks” or other words that are considered similar.

C.At least one director or shareholder, providing a photocopy of the ID card or passport.

D.The government stipulates that if the registered capital exceeds 50,000 US dollars or 500 shares, it will be subject to additional fees prescribed by the government.

V.Marshall company registration process

  • Select company name:
    Choose the most appropriate entity type based on your company’s needs, such as an International Business Company (IBC), Limited Liability Company (LLC), or other entity types.
  • Prepare and submit necessary documents:
    Include the articles of incorporation or operating agreement, and other relevant forms and certificates mentioned above.
  • Designated Registered Agent:
    Designate a local registered agent who can receive legal and official documents on behalf of the company.
  • Obtain any necessary licenses and permits:
    Depending on the nature of the business, applicants may need to obtain additional licenses and permits from relevant Marshall Islands authorities.
  • Obtain a tax identification number:
    Register with the Marshall Islands tax authorities to obtain your company’s Tax Identification Number (TIN).
  • Open a bank account:
    After the company is registered, the applicant can open a bank account in the Marshall Islands to operate.

Overseas bank account opening related services