Marshall Islands - Company Incorporation

map of marshall islands

The Marshall Islands is a dispersed group of islands in the Pacific.

The following steps are needed to incorporate a Private Limited Company:

  • Deposit share capital in a bank.
  • Name check.
  • Register the company with the Registrar of Corporations.
  • Register for taxes.
  • Apply for a business license.
  • Register with the Office of Social Security.
  • Obtain permit from local authorities.

Depositing Share Capital

There is no minimum share capital, but the amount needs to be lodged and evidence of the deposit has to be produced.

Under these free-association compacts, the United States provides guaranteed financial assistance over a 15-year period in exchange for certain defence rights. The U.S. also treats these nations uniquely by giving them access to many U.S. domestic programs. The freely associated states are all dependent on U.S. financial assistance to meet both government operational and capital needs.