Marshall Company Formation

Overview – Marshall Islands

The Marshall Islands are situated in between Indonesia and Hawaii. Its population is approximately 500,000. English and Marshallese are the languages of government and commerce.

Benefits of setting up a company in Marshall Islands: -

  • Absence of foreign exchange controls
  • High privacy protection
  • No tax reporting and payable in Marshall Islands
  • Not required to prepare annual audited financial statements


Basic Information
Political Stability Good
Legal System English Common Law
Official Languages English & Marshallese
Corporate Requirement
Standard Registered Capital 50,000 USD
Minimum Number of Shareholders 1
Minimum Number of Directors 1
Appointment of Company Secretary Required Yes
Local Registered Agent Required Yes
Local Registered Address Required Yes
Disclosure Requirement
Disclosure of Beneficial Owners on Public Records No
Disclosure of Shareholders on Public Records No
Disclosure of Directors on Public Records No
Filing of Register of Director to local government No
Annual Requirement
Annual General Meeting No
Filing of Annual Return to government No
Preparation of Audited Financial Statement No
Tax filing No


Formation Requirement

Company Name

  • A company may be registered with an English name and a Chinese name if required.


Share Capital and Shareholder Requirement

  • The standard authorized share capital is USD 50,000 and company can decide the par value per share (e.g. USD 1 per share).
  • Must have at least one shareholder who may either be a natural person aged over 18 years old or a corporate body.
  • There are no nationality restrictions for shareholder(s).


Director Requirement

  • Must have at least one director who may either be a natural person aged over 18 years old or a corporate body.
  • A person who is an undischarged bankrupt must not act as director.
  • There are no nationality restrictions for director(s).


Company Secretary

  • Company must appoint either a natural person aged over 18 years old or a corporate body to act as its company secretary.
  • There are no residency restrictions for company secretary.

Kernel is capable in providing Annual Company Secretary Service to ensure the company’s statutory obligations are complied with.


Marshall Islands Company Formation Procedure

Step 1: Select company name


Step 2: Provide shareholder and director information

  • Original / Certified copy of ID or passport of each Shareholder and Director
  • Original / Certified copy of latest residential address proof of each Shareholder and Director
  • Please specify the number of shares applied by each shareholder(s)
  • Please specify the paid-up share capital for each shareholder(s)


Step 3: Submit application via any one of the following methods


Processing time

  • Tailor made company registration – 7 working days
  • Shelf company registration – 2 working days


Our representative will contact you within one working day after we received the above information.

Annual Maintenance – Marshall Islands Company

To ensure that the Marshall Islands Company is in good standing, it must carry out below basic annual renewal work: -

1. Renewal of Annual License

Each Marshall Islands company must arrange payment for its Annual License Renewal Fee based on below schedule: -

Company anniversary date between Renewal due date
January to December The date before anniversary date


Consequences of Non-Compliance

If company failed to settle its annual license renewal fee on time, late penalties will apply with higher renewal fee and the company will be struck off by the local Registrar. A struck off company still bear its obligations, clients are highly recommended to arrange proper dissolution of the company should they decided not to retain the company.



Contact Us

The Office

  • Address : Unit 1101-2 11/F, 29 Austin Road, Tsim Sha Tsui, Kowloon, Hong Kong
  • Email : [email protected]
  • Secondary Email : [email protected]
  • Phone : +852 2110 0018
  • Fax : +852 2110 3348

Business Hours

  • Monday to Friday : 9:00am - 6:00pm (GMT+8)
  • Lunch hours : 1:00pm - 2:00pm (GMT+8)