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Marshall Islands Company Formation

Article Source:Youxinda Business Popularity:6837 Published time:2014-12-09 12:13:41

The Marshall Islands are situated in the Central Pacific Ocean between Indonesia and Hawaii. Languages spoken are Marshallese and English, and the currency is the US Dollar. Non-native residents who set up a Marshall Islands Company will be lawfully exempt from all taxes.

Advantages

  • No tax shall be declarable and payable by Marshall Islands IBC
  • It is not required to disclose information concerning shareholders and directors
  • Company can issue bearer shares
  • It is not required to submit annual returns, accounts or financial statements
  • No exchange controls, and easy to pool capital
  • There is a stable political, economic and trading environment

General Requirements

  • There shall be at least one shareholder and director
  • Local registered address of company

Standard Registered Capital

  • 500 no par value shares

Required Information and Time for Incorporation

  • English name of company
  • Copies of ID cards or passports of shareholders and directors
  • Registration of company (requires 14 days or so)
  • Purchasing a Shelf Company (requires 4 days or so)
If you would like more information about Marshall Islands Company Incorporation, please contact our professionals and we will provide you with free advisory. 

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