How to Set Up a Company in Marshall Islands in 2025 

• Establish a company in the Marshall Islands to take advantage of the country’s favorable regulations, a strategic location in the Pacific Ocean, and promising market potential. This small island nation is projected to have about 42,200 people as of January 2024. It has an urbanization rate of 79% that reflects its growing economic development. The Marshall Islands is projected to achieve a 5% economic growth rate in 2024, showing resilience and opportunities despite global economic fluctuations. 

• International trade makes up a huge portion of its economy; the UK’s total trade in goods and services with the Marshall Islands reached as high as £214 million for the four quarters preceding Q2 2024. For entrepreneurs and investors, the possibility to register company in Marshall Islands offers numerous advantages, including a streamlined incorporation process, minimal restrictions on foreign ownership, and a robust legal framework. These characteristics make the Marshall Islands such an attractive jurisdiction for businesses to expand their global footprint and exploit a strategic position internationally. 

Advantages to set up a company in Marshall Islands 

Tax benefits: 

• Companies registered as International Business Companies (IBCs) or Limited Liability Companies (LLCs) in the Marshall Islands are free from tax liability on income, profits, dividends, and capital gains if business activities are conducted outside the jurisdiction. This tax exemption enables businesses to significantly optimize their financial positioning. 

Privacy and confidentiality: 

• The Marshall Islands ensure anonymity because there is no public registry that releases information concerning the identities of shareholders and directors. It is useful for companies which are more sensitive to such matters. 

Regulatory flexibility: 

• The process of company registration is simple and efficient, with minimal regulatory burdens. There are no requirements for annual reports or financial statements if the company operates outside the Marshall Islands, which simplifies ongoing compliance. 

Ease of formation: 

• This may establish a company with one shareholder and one director of any nationality, who do not necessarily have to reside in the Marshall Islands. This can be done quickly and efficiently for business setup. 

Asset protection: 

• Companies benefit from strong asset protection laws, thus protecting the personal assets of the shareholders and directors from the liabilities of the company. 

No minimum capital requirement: 

• There is no minimal capital requirement for setting up a business in the Marshall Islands, making it possible for entrepreneurs to establish varying investment levels. 

Regulatory requirements to set up a company in Marshall Islands 

• At least one director is required, who can be either an individual or a corporate entity. Importantly, this director can be of any nationality and does not need to reside in the Marshall Islands. 

• A minimum of one shareholder is also necessary, with the same flexibility regarding residency. Shareholders can be individuals or legal entities and are not required to be residents of the Marshall Islands. 

• The appointment of a company secretary is compulsory. 

• Shares without par value can be issued, but bearer shares are not allowed. 

• Companies shall have real presence in the Marshall Islands, such as holding board meetings with a quorum and keeping all documents locally. 

• Declared charter capital is required, but no specific terms for its payment. 

• The company name has to be unique, different from other names already used, and can be registered in any language and its translation into English or French. 

• Companies can choose any bank to cooperate with and open several accounts for business purposes with banking operations remaining confidential. 

• Only the name of the company and alterations in constituent documents are accessible to third parties; beneficial ownership information is kept confidential. 

• A registered agent is necessary for the registration of a company in the Marshall Islands. 

• Businesses must primarily be in the Marshall Islands, unless they can demonstrate tax residence elsewhere. 

• Financial and insurance businesses must be licensed appropriately. 

Conclusion 

• Set up a company in the Marshall Islands with Tetra Consultants guarantees an easy and swift process that caters to your exclusive needs. We take care of everything from choosing the right company structure to maintaining all local requirements for you. Among the various value-added services, we also provide the corporate bank account opening services, international trademark registration, nominee director and shareholder services, among others to simplify your business operations and enhance your anonymity. 

• With our strong network of partners and deep understanding of the jurisdiction, we provide comprehensive support to help you establish a robust presence in the Marshall Islands. Our commitment to transparency and professionalism ensures that your business is set up for long-term success. Partner with Tetra Consultants to expand your global footprint and capitalize on the benefits of this strategically positioned and business-friendly jurisdiction.