- Knowledge
① High confidentiality of information
The information of directors, shareholders, and income status of Marshall Company is highly confidential and protected by law, and cannot be accessed by the public.
② Tax preferential policies
Marshall offshore companies (not operating locally) do not need to pay any local income tax, property tax, value-added tax, and business tax, which greatly reduces the operating costs of the enterprise.
Many well-known island companies, such as the Cayman Islands, BVI Islands, and Seychelles, are also exempt from tax for offshore companies.
③ Facilitating financing and listing
Registering Marshall Islands Company allows for the issuance of anonymous stocks and listing on the US securities market.
④ Establish a sound and stable legal environment
The legal system of the Marshall Islands is based on the Anglo American legal system, with a mature and transparent legal framework that does not impose too many restrictions on the business activities of companies.
The Marshall Islands Business Companies Act (BAC) was promulgated in 1991 and is currently one of the most comprehensive company laws in the world, with a good reputation in European and American countries.
⑤ Can engage in shipping operations and management
In the Marshall Islands, companies such as shipping, ship management, and ship agency can be registered to hold, buy, sell, serve ships, and operate businesses related to ships.
The Marshall Islands is the third largest shipping nation in the world, with global ship technology support. Since 2005, the International Maritime Organization has awarded the Republic of the Marshall Islands the title of the most responsible shipping nation, and its reputation is renowned worldwide.
1、 Types of Marshall Companies
01. Business Corporation (BC)
characteristic:
The most common form of offshore company allows for the issuance of stocks and the non disclosure of shareholder/director information.
No nationality restrictions, only one shareholder/director can be established, and there is no minimum requirement for registered capital.
Applicable scenarios: international trade, asset holding, ship registration.
02. LLC, Limited Liability Company
characteristic:
Combining the characteristics of partnership enterprises and companies, members bear limited liability.
Customized management rules for operating agreements, tax transparency (profit distribution to individual members for tax reporting).
Applicable scenarios: investment funds, family wealth management, cross-border joint ventures.
03. Limited Partnership (LP)
characteristic:
At least one general partner (GP, unlimited liability) and one limited partner (LP, only responsible for capital contribution).
Suitable for venture capital and project financing.
2、 Core Requirements for Marshall Company Registration
01. Shareholders and Directors
At least one shareholder and one director (who may be the same person), without nationality or residency restrictions, and information is not disclosed.
02. Registered capital
There is no minimum paid in capital, and the standard share capital is 500 non face value stocks (which can be issued).
03. Registered address
A local registered address in the Marshall Islands is required (usually provided by an agency).
04. Company Secretary
Not mandatory, but it is recommended to appoint a local secretary to handle government communications.
3、 Marshall Company Registration Materials
(1) Basic documents
Company name (in English, ending with "Limited", "Corporation" or abbreviation "Ltd."/"Corp.").
Copy of shareholder/director's passport (no need for notarization).
Proof of registered address (provided by the agent).
(2) Company Articles of Association
Including business scope, share capital structure, director authority, etc., which can be drafted by an agency.
(3) Power of Attorney (POA)
If a proxy registration is entrusted, shareholders need to sign an authorization document.
(4) Due diligence documents
Resume of shareholders and directors, bank recommendation letter (some agency requirements).
4、 Marshall Company Registration Process
Step 1: Company Name Search (1 hour)
Verify the name through an agency to ensure it is not duplicated or contains sensitive terms (such as "Bank" or "Trust") with existing companies.
Step 2: Sign the document (1 day)
Choose a licensed agency (such as Trident Trust, Vistra) and sign a registration and secretarial service agreement.
Step 3: Submit the application (1-3 working days)
Proxy submits materials to the Corporate Registry of the Marshall Islands and pays government fees (approximately $450-800).
Step 4: Obtain the certificate (5-7 working days)
After approval, the company will be issued with a certificate of incorporation, articles of association, and appointment letter for directors.
Step 5: Open a bank account (2-4 weeks)
Provide company documents, director passports, business certificates, and choose offshore banks (such as DBS, HSBC) or digital banks (Wise, EMI).
5、 Notes on Marshall Company Registration
1. Privacy Protection
Shareholder/director information is not publicly available, but the beneficiary's identity must be disclosed to financial institutions when opening a bank account (KYC requirement).
2. Tax compliance
Marshall Islands Company is exempt from income tax and capital gains tax, but must ensure that there are no actual operations outside the registered location (to avoid being recognized as a tax resident).
3. Annual review obligation
Pay an annual fee (approximately $450-1000, depending on share capital and agency service fees), which may result in fines or even cancellation if overdue.
4. Usage restrictions
Cannot operate or hold real estate locally, and cannot apply for Marshall Islands visa or residency.
6、 Frequently Asked Questions about Marshall Company Registration
How long does it take to register a Marshall company?
Urgent registration can be completed within 24 hours, while the regular process takes about 5-7 working days.
Can the company name be in Chinese?
No, an English name is required, but a Chinese translation can be added as an alias.
Can Marshall Company go public?
Sure, but it needs to meet the requirements of the target exchange (such as Nasdaq allowing Marshall Company to go public).
What are the consequences of not undergoing annual review?
If the payment is overdue for 6 months, the company will be deregistered and a fine (approximately 300% of the annual fee) of administrative costs will be required for restoration.
Do you need an audit?
There is no mandatory audit requirement, but banks may require the submission of financial statements to maintain accounts.


