Frequently Asked Questions about Marshall Islands

Am I required to visit Marshall Islands to incorporate a company there?
No. Healy Consultants can legally incorporate your Marshall Islands company without you needing to travel.

What is the minimum number of directors required for a Marshall Islands company?
Under statutory regulations, a Marshall Islands company requires a minimum of one director.

Is a resident director required?
A Marshall Islands company does not require a resident director.

What is the minimum number of shareholders required for a Marshall Islands company?
A minimum of one shareholder is required.

Are shareholder/director details available for public viewing?
No. However, Marshall Islands committed to complying with Organization for Economic Cooperation and Development (OECD) guidelines in 2007, and is part of the OECD’s ‘grey list’.

What are the minimum capital requirements for a Marshall Islands company?
There are no minimum capital requirements for Marshall Islands company formation. 

Is a Marshall Islands company required to submit an annual tax return and/or financial statements?
Companies in Marshall Islands are not required to submit an annual tax return and/or financial statements.

What are the tax implications of a Marshall Islands Company formation?
Marshall Islands’ corporations are statutorily exempt from any corporate tax, income tax, corporate profit tax, withholding tax, asset tax, stamp duty or exchange controls.