Company formation in the Marshall Islands: business structures compared

Hawksford

Hawksford

As a leading global corporate services provider, we can help you with company registration in the Marshall Islands. Our expert team of multicultural professionals can assist you in setting up your business with our in-house expertise and extensive network of partners.

To help you choose the best type of company entity for your needs, we have created an ‘at a glance’ table for the Marshall Islands that offers a clear and concise overview of entity formation options. This table provides key information on the formation process, requirements, and timelines for different entity types in the Marshall Islands. It serves as a valuable resource for those looking to expand into the region, or set up a new business entity here.

At a glance entity types in the Marshall Islands

Key information Limited liability company Trust Branch office International business company

Frequently used for

All purposes

Asset management

Parent company activities

Professional services

Minimum capitalisation
(local currency)

US $1

US $1

US $1

US $1

Limited liability

Yes

NA

NA

Yes

Lead time incorporation

Two weeks

Six weeks

Three weeks

Three weeks

Lead time account opening

Two months

Two months

Two months

Two months

Taxation

0%

0%

0%

0%

Resident management

No

No

No

No

Cost indication without
account opening US$

$7,570

$12,000

$7,570

$7,570

Cost indication with
account opening US$

$13,520

$16,000

$13,520

$13,520

Corporate services

Our comprehensive range of corporate services are designed to meet all your business needs, wherever in the world you operate. They include:

We handle all aspects of the incorporation process, so your entities are up and running as soon as possible. We then look after the fundamentals so that everything is in good standing year after year.

We liaise directly with banks to get accounts open for your entities and handle day-to-day cash management and fund flows going forward.

We provide directors as needed – from individuals to full boards – delivering effective day-to-day management of your entities.

We are licensed to act as company secretary across our international offices and provide all associated services, ensuring best-practice governance and proactive board support for your entities.

We provide expert compliance support to ensure your entities are completely aligned with local and international regulatory and legislative requirements.

Our experts will help deal with the key tax compliance, filing and reporting needs of your entities.

Our highly experienced team will work with you and all associated participants to ensure deals your entities are involved in are closed in a rigorous and compliant manner.

From the simplest trial balance to full-spectrum public accounts and board reporting packages, our teams offer full bookkeeping, financial reporting and annual tax filing capabilities.

Our local experts can assist you with a range of HR requirements, including local recruitment, immigration support, ongoing people management and payroll administration.

Where you need it, we are able to provide dedicated office space with associated facilities and equipment.

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