Company formation Marshall Islands

Non-resident domestic corporation

The biggest advantages of the non-resident domestic corporation, apart from complete exemption from taxation, is high level of confidentiality – one of the highest in the world. The registration authority does not have information on company shareholders. The data is solely in the hands of a licenced registration agent who is legally obliged not to disclose it. Information on shareholders and later board members is not collected and processed by state administration. To put it shortly, there are no official documents or registers based on which it would be possible to identify company shareholders.

Non-resident domestic corporations have flexible structure, in the basic scenario, the company may have one director and one shareholder as well as a secretary but more complex structures are also possible. The shareholder, director and secretary may be a private person or a company, including foreign companies. Using nominee services is permitted here as well.

Non-resident domestic corporations are very easy to manage, as there is no obligation to prepare annual financial reports, and accountancy is required only on a basil level and is not subject to audit. There is also no obligation to hold shareholders’ meetings or board meetings, and if need be they make take place anywhere in the world, also via phone.

Companies in the Marshall Islands are set up incredibly fast, it is possible within one day.

Non-resident domestic corporations are most often used for managing and protecting assets, tax optimisation, real estate management, as bank account and securities account holders, patent and trademark holders, ship holders, consultancy and marketing companies, and also for international trade.

Advantages of having a non-resident domestic corporation

  • Complete lack of taxation
  • Very high level of confidentiality – no information on shareholders and directors in the business register
  • To establish a company, you only need one director and one shareholder, who may be the same person (also a legal person) and a secretary
  • Super quick company formation
  • No requirement to hold board meetings or shareholders’ meetings
  • Non-resident domestic corporations guarantee its owners/directors/beneficiary owners 100% privacy
  • Flexible company structure that may be easily adapted to suit one’s needs
  • No obligation to prepare annual financial statements
  • Bearer shares allowed
  • Low licence fee – 150 USD a year
  • In the Marshall Islands the official currency is US dollar, which guarantees safe business operations
  • No foreign exchange controls
  • In the Marshall Islands the official language is English
  • The country has stable political and economic situation

Nominee

Even though non-resident domestic corporations guarantee high level of privacy, nominee director and shareholder services are permitted and often used in the islands. To put it in a nutshell, there appears to be no jurisdiction safer than the Marshall Islands.

Time saving

The Marshall Islands is one of the jurisdictions where company formation is the fastest in the world – it is possible in just 24 hours.

One stop shop

Purchasing a company is just the beginning of business activity. We encourage you to use our services also in other areas – nominee directors and nominee shareholders, company secretary (obligatory in the Marshall Islands) or opening a bank account in one of the many banks we cooperate with across the globe.

Speed and superb customer service

As „time is money”, our consultants are acting quickly and efficiently, so that our every client gets the ordered product as soon as possible.

Remote procedure available

Non-resident domestic corporation may be set up remotely, visiting the Marshall Islands is not necessary. Email us today, and we will send you a list of documents required to start the process.

Burden is ours

As specialists in entrepreneur support, we know and meet our clients’ needs in all areas. The only thing you need to do is place an order and send us a few required documents, everything else is in our hands.

Do you wish to start the procedure?

Just drop us an email or give us a call and we will send you short list of information that we need. After you provide it to us you can come anytime to proceed with the formalities.

Company Formation Process in Marshall Islands

Establishing a new company in Marshall Islands is a structured process that typically takes 2-3 business days. ShelfCompanies24 handles the entire formation process on your behalf, from preparing the articles of association to registering with all relevant authorities.

Available Company Types in Marshall Islands

The following legal structures are available for company formation in Marshall Islands:

Company Type Description
Non-Resident Domestic Corporation, LLC, Limited Partnership

The minimum share capital requirement is No minimum.

Step-by-Step Formation Process

  1. Choose your company structure — Select the appropriate legal form based on your business needs, number of shareholders, and capital requirements.
  2. Prepare documentation — Our team prepares the articles of association, shareholder agreements, and all necessary corporate documents.
  3. Company name verification — We verify the availability of your chosen company name with the Marshallese commercial registry.
  4. Capital deposit — Deposit the required share capital (No minimum) in a designated bank account.
  5. Notarization and registration — Documents are notarized (where required) and submitted to the commercial registry.
  6. Tax registration — Register the company for corporate tax (at a rate of 0% for non-resident companies) and VAT (No VAT).
  7. Bank account opening — Open corporate bank accounts with Marshallese banks for business operations.

Required Documents

  • Valid passport copies of all shareholders and directors
  • Proof of residential address (utility bill or bank statement, not older than 3 months)
  • Description of planned business activities
  • Proof of source of funds (where applicable)
  • References from existing banks or professional advisors

Tax Environment in Marshall Islands

Companies formed in Marshall Islands are subject to a corporate tax rate of 0% for non-resident companies. The standard VAT rate is No VAT. The currency is USD (US Dollar).

Timeline and Costs

Standard company formation in Marshall Islands takes approximately 2-3 business days. For exact pricing tailored to your specific requirements, please contact our consultants.

Related Services in Marshall Islands

Frequently Asked Questions

How long does it take to register a company in Marshall Islands?

Company registration in Marshall Islands typically takes 2-3 business days. ShelfCompanies24 handles the entire process on your behalf.

What documents do I need to form a company in Marshall Islands?

You will need valid passport copies, proof of address, description of business activities, and proof of source of funds. Our team guides you through all documentation requirements.

Can a foreigner set up a company in Marshall Islands?

Yes, foreign nationals can establish companies in Marshall Islands. There are generally no restrictions on foreign ownership of Marshallese companies.

What is the minimum capital to start a company in Marshall Islands?

The minimum capital requirement in Marshall Islands is No minimum. Our consultants can advise on the optimal capital structure for your business.

Your Professional Company Formation Agent in Marshall Islands

ShelfCompanies24 acts as your dedicated company formation agent in Marshall Islands. Our experienced team handles the entire registration process on your behalf — from preparing incorporation documents and liaising with local authorities to obtaining your company registration number, tax identification, and all required certificates. As a company formation agent with over 30 years of experience across 50+ jurisdictions, we ensure a smooth, compliant, and fast incorporation process. Whether you need a brand-new company or prefer a ready-made shelf company in Marshall Islands, our agents guide you through every step — including corporate bank account opening, registered address setup, and ongoing compliance support.

Contact our company formation agents today for a free consultation and competitive quote for company formation in Marshall Islands.