Description
In the Marshall Islands, the two most common offshore structures are the Nonresident Corporation, incorporated under the Business Corporations Act (Associations Law), and the Limited Liability Company, registered under the Limited Liability Company Act (Associations Law).
Marshall Islands Company Formation and First-Year Fees – USD 4,300.00 (All included)
Note that our incorporation and annual corporate service fees are “all-included fees”, and cover all the required services to incorporate a company in the Marshall Islands, and keep it in good standing, as well as government fees and duties, disbursements such as courier fees, and assignments such as the certification of documents, which are generally required for opening bank accounts.
Nonresident Corporation
- All applicable Registration and Government Fees (Registrar of Corporations)
- Preparing the Consent of Incorporator, and Acting as the Incorporator of the Company
- Preparing the Articles of Incorporation, and Filing them with the Registrar of Corporations
- Providing the stamped Articles of Incorporation and Endorsement Certificate
- Providing the Certificate of Incorporation issued by the Registrar
- Preparing the Company Bylaws
- Preparing the Directors’ Resolution resolving the appointment of directors, allotment of shares, adoption of company bylaws and other related corporate matters
- Preparing the Register of Shareholders and Register of Directors
- Preparing the Share Certificates
- Preparing and Executing a Certificate of Incumbency
- Providing Registered Agent Services for one year
- Providing Registered Office Services, including business address, for one year
- Providing Certified copies of the Corporate Documents
- Delivering Certified copies of the Corporate Documents via Courier, inclusive of Courier fees
LLC
- All applicable Registration and Government Fees (Registrar of Companies)
- Preparing and executing the Statement of Certificate of Formation of the Company
- Acting as the Authorized Person of the Company, and filing the Statement of Certificate of Formation with the Registrar
- Providing the Registrar issued Certificate of Formation and the Statement of Formation stamped by the Registrar
- Preparing and executing Statement of Authorized Person, appointing initial member and resigning as Authorized Person
- Preparing the Limited Liability Operating Agreement
- Preparing the First Resolutions of the Manager
- Preparing the Membership Certificate(s)
- Providing Registered Agent Services for one year
- Providing Registered Office Services, including business address, for one year
- Delivering Certified copies of the Corporate Documents via Courier, inclusive of Courier fees
Time to form
It generally takes us 1 business day to prepare and file the incorporation documents with the Registrar. Once the company is filed, it takes 1-2 business days for the Registrar to release stamped Articles of Incorporation and issue the Certificate of Incorporation and Endorsement Certificate.