Incorporation + Compliance

Company Incorporation in the Marshall Islands

Effortlessly incorporate and manage your company in the Marshall Islands with Vepapu—offering all-in-one services from registration to compliance, banking, and visa support.

Why the Marshall Islands

M.I. as Your Business Destination

Unlock Growth Opportunities in an Emerging Market

Zero Tax

Zero Tax

Benefit from the exemption from all local taxes and duties

Privacy

Privacy

No public record of company members' identities.

No Accounting

No Accounting

No requirement for filing of financial accounts or auditing

No residency requirements

No Residency

Foreigners can easily set up a company with no restrictions.

All-in-one Package

Company Incorporation Package

Everything You Need for Seamless Company Formation

COMPANY REGISTRATION

Online Company Incorporation

Experience seamless company formation from anywhere with Vepapu. Our digital incorporation services ensure you can register your company online without the need to travel or submit paperwork in person.

We guide you through each step of the process, ensuring compliance with local regulations and providing support for any incorporation-related queries.

Online Company Incorporation

Registered Agent and Address

LOCAL ESSENTIALS

Registered Agent and Address

Meet the local requirements online with Vepapu. Having a local registered agent and office address is mandatory for your company's registration and we will help you meet this requirement. We will receive, scan, and email you if any mail is received from the authorities at your address.

You can also build a physical presence in the country by opting for our nominee director services, who will act as your company's director while you retain total control over your company.

ACCESS BANKING

Bank Account Opening

You can capitalise on our strong banking relationships with traditional banks as well as digital-first banking providers.

You would need to physically visit the bank's location if you opt for a traditional brick-and-mortar bank, while modern digital banking providers welcome you with an online onboarding process.

Bank Account Opening

Entity Structure

Available Company Type

International Business Company (IBC)

A versatile corporate structure allowing for various activities, often used for international business with minimal reporting requirements.

Docs & Info

Documents Required

Mandatory documents and information required for your company formation

If you are an individual:

Proof of Identity:

A certified true copy (scanned version) of the passport (valid for at least 6 months)

A comprehensive Curriculum Vitae (C.V.), Resumé, or Linkedin profile.

Proof of Address:

One of the scanned copies of a bank reference, bank statement, Utility bill, or Driver license.

It should clearly show the holder's full name along with a physical address written in English (P.O. Box addresses are not accepted).

It must be the most recent version and dated within the last 3 months.

If you are an organisation:

Company Documents:

Please provide us with certified true copy (scanned version) of the following company documents:

Included

Certificate of Incorporation

Included

Memorandum and Articles of Association / Constitution

Included

Register of Director

Included

Register of Shareholder / UBO

Included

Extract of the company’s details from the Registrar of Companies, which can include any of the following: Business Profile / Certificate of Incumbency / Certificate of Good standing (valid for within 6 months if any).

Company Members:

All members of the corporation, including Directors, Shareholders, Ultimate Beneficial Owners (UBOs), and Contact persons, must provide identity and address proofs as mentioned above.

No hidden Charges

Transparent Pricing

Clear prices that you will know before you commit anything

Compare Packs

Inclusive of government fees
Renew from year 2 @ $1,249 annually

Basic

US$ 1,249

Proceed to Pay
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Standard

US$ 1,999

Proceed to Pay
Secured by Stripe

Premium

Pack Description

Company, Compliance

Company, Compliance, Banking

Build what you need

COMPANY REGISTRATION

Company Registration Timeline

4-6 days

2-4 days

2-4 days

Marshall Islands IBC Registration

Included

Included

Included

Unlimited Name Availability Check

Included

Included

Included

Government Fee for Incorporation

Included

Included

Included

Registered Agent

Included

Included

Included

Registered Address

Included

Included

Included

Preparation of Company Memorandum

Included

Included

Included

Preparation of Article of Incorporation

Included

Included

Included

Certificate of Incorporation

Included

Included

Included

Usage of Bearer Shares

Not included in the package

Not included in the package

$599

Fee for Capitalization Tax

Not included in the package

Not included in the package

Contact Us

TOTAL COMPLIANCE

Automated Compliance Reminders

Included

Included

Included

Company's Annual Renewal

Included

Included

Included

Government Fee for Renewal

Included

Included

Included

Economic Substance Filing PIN

Included

Included

Included

Bookkeeping by Experts

Not included in the package

Not included in the package

Contact Us

BANK ACCOUNT

Bank Account Opening Assistance

Not included in the package

Included

Included

Support up to 3 traditional banks

Not included in the package

Included

Included

Support up to 2 digital-first banks

Not included in the package

Included

Included

Remote Opening Process

Not included in the package

Included

Included

MISCELLANEOUS

Nominee Director

Not included in the package

Not included in the package

$1,499/yr

Nominee Shareholder

Not included in the package

Not included in the package

$1,499/yr

Change in Authorized Share Capital

Not included in the package

Not included in the package

Included

Company Chop and Seal

Not included in the package

Not included in the package

$349

Certificate of Good Standing

Not included in the package

Not included in the package

$399

Certificate of Incumbency

Not included in the package

Not included in the package

$349

Certified by Registered Agent

Not included in the package

Not included in the package

$249

Certified by Notary Public

Not included in the package

Not included in the package

$349

Apostille on Document

Not included in the package

Not included in the package

$299

Certified by a CPA

Not included in the package

Not included in the package

$299

Dedicated Account Manager

Not included in the package

Not included in the package

Included

Acting as Your Legal Admin

Included

Included

Included

Compare Packs

Company & Compliance

US$ 1,249

$1,499

Discount Offer

Use promo "MIINC1" to get $250 OFF

•

Renew at $1,249 per year

•

Includes all govt. fees

Proceed to Pay ┃Secured by Stripe

COMPANY REGISTRATION

Company Registration Timeline

4-6 days

Marshall Islands IBC Registration

Included

Unlimited Name Availability Check

Included

Government Fee for Incorporation

Included

Registered Agent

Included

Registered Address

Included

Preparation of Company Memorandum

Included

Preparation of Article of Incorporation

Included

Certificate of Incorporation

Included

Usage of Bearer Shares

Not included in the package

Fee for Capitalization Tax

Not included in the package

TOTAL COMPLIANCE

Automated Compliance Reminders

Included

Company's Annual Renewal

Included

Government Fee for Renewal

Included

Economic Substance Filing PIN

Included

Bookkeeping by Experts

Not included in the package

BANK ACCOUNT

Account Opening Assistance

Not included in the package

Support up to 3 traditional banks

Not included in the package

Support up to 2 digital-first banks

Not included in the package

Remote Opening Process

Not included in the package

MISCELLANEOUS

Nominee Director

Not included in the package

Nominee Shareholder

Not included in the package

Change in Authorized Share Capital

Not included in the package

Company Chop and Seal

Not included in the package

Certificate of Good Standing

Not included in the package

Certificate of Incumbency

Not included in the package

Certified by Registered Agent

Not included in the package

Certified by Notary Public

Not included in the package

Apostille on Document

Not included in the package

Certified by a CPA

Not included in the package

Acting as Your Legal Admin

Included

Dedicated Account Manager

Not included in the package

Proceed to Pay ┃
Secured by Stripe

Company, Compliance, Banking

US$ 1,999

$2,499

Discount Offer

Use promo "MIINC2" to get $500 OFF

•

Renew at $1,249 per year

•

Includes all govt. fees

Proceed to Pay ┃Secured by Stripe

COMPANY REGISTRATION

Company Registration Timeline

2-4 days

Marshall Islands IBC Registration

Included

Unlimited Name Availability Check

Included

Government Fee for Incorporation

Included

Registered Agent

Included

Registered Address

Included

Preparation of Company Memorandum

Included

Preparation of Article of Incorporation

Included

Certificate of Incorporation

Included

Usage of Bearer Shares

Not included in the package

Fee for Capitalization Tax

Not included in the package

TOTAL COMPLIANCE

Automated Compliance Reminders

Included

Company's Annual Renewal

Included

Government Fee for Renewal

Included

Economic Substance Filing PIN

Included

Bookkeeping by Experts

Not included in the package

BANK ACCOUNT

Account Opening Assistance

Included

Support up to 3 traditional banks

Included

Support up to 2 digital-first banks

Included

Remote Opening Process

Included

MISCELLANEOUS

Nominee Director

Not included in the package

Nominee Shareholder

Not included in the package

Change in Authorized Share Capital

Not included in the package

Company Chop and Seal

Not included in the package

Certificate of Good Standing

Not included in the package

Certificate of Incumbency

Not included in the package

Certified by Registered Agent

Not included in the package

Certified by Notary Public

Not included in the package

Apostille on Document

Not included in the package

Certified by a CPA

Not included in the package

Acting as Your Legal Admin

Included

Dedicated Account Manager

Not included in the package

Proceed to Pay ┃
Secured by Stripe

Build what you need

Contact Us

COMPANY REGISTRATION

Company Registration Timeline

2-4 days

Marshall Islands IBC Registration

Included

Unlimited Name Availability Check

Included

Government Fee for Incorporation

Included

Registered Agent

Included

Registered Address

Included

Preparation of Company Memorandum

Included

Preparation of Article of Incorporation

Included

Certificate of Incorporation

Included

Usage of Bearer Shares

$599

Fee for Capitalization Tax

Contact Us

TOTAL COMPLIANCE

Automated Compliance Reminders

Included

Company's Annual Renewal

Included

Government Fee for Renewal

Included

Economic Substance Filing PIN

Included

Bookkeeping by Experts

Contact Us

BANK ACCOUNT

Account Opening Assistance

Included

Support up to 3 traditional banks

Included

Support up to 2 digital-first banks

Included

Remote Opening Process

Included

MISCELLANEOUS

Nominee Director

$1,499 per yr

Nominee Shareholder

$1,499 per yr

Change in Authorized Share Capital

Included

Company Chop and Seal

$349

Certificate of Good Standing

$399

Certificate of Incumbency

$349

Certified by Registered Agent

$249

Certified by Notary Public

$349

Apostille on Document

$299

Certified by a CPA

$299

Acting as Your Legal Admin

Included

Dedicated Account Manager

Included

Flexible and secure payment options worldwide

PROCESS

Incorporate in 5 Easy Steps

From Paperwork to Approval: Making Company Formation Fast and Straightforward

Step 1

Tell us your requirements

Click here and fill out the short form to let us know your requirements.

Afterwards, our team will get in touch with you to guide you through the process.

Step 2

Documents and due-diligence

Begin the company incorporation process by sharing the requested documents, as listed here. This enables us to begin the mandatory KYC and due diligence procedures to comply with local and international laws.

During the process of due diligence, our team might request additional information, documents, or clarification as needed.

If you ever feel lost while organising the documents, please contact us, as your dedicated manager from Vepapu will guide you through it.

Step 3

Application and follow-up

Our team will now have the required information and documentation in hand to proceed with completing the required paperwork involved in incorporating your company.

We will complete one or multiple application forms as required and coordinate with the registry to submit them for their official approval.

We will do timely follow-ups with the registry and actively work with them if they require any further clarification or documentation before their approval.

Step 4

Other registrations, if required

If there are any other registrations with different government departments that are generally required before commencement of any business, required for your specific business industry, or that you have chosen voluntarily, we will promptly complete them.

Step 5

Ongoing compliance

As Vepapu strongly believes that company incorporation is just the first step in any business journey, we will accompany you throughout your business's life cycle by keeping it in good standing with local rules and regulations.

We will take care of monthly, quarterly, bi-annual, or annual reports and return filings with the authorities. We will timely inform you of the upcoming compliance deadlines, such as conducting an annual general meeting, for your prompt action.

FAQ

Frequently Asked Questions

Find answers to frequently asked questions on company formation in the Marshall Islands

General

Does my information be displayed publicly by the Marshall Islands government?

A non-resident domestic corporation is not obligated to publicly disclose information about company members. However, personal details of directors, shareholders, and beneficial owners must be maintained, regularly updated, and made available upon request for inspection by the registered agent, the Registrar of Corporations, or government authorities.

If you want further safety, you can opt for a nominee director and nominee shareholder from Vepapu, where your details will not be shown to the registrar, anywhere, but you will still be the ultimate beneficiary for your company.

Are there any taxes in the Marshall Islands? Do I have to pay any taxes under my offshore company in the Marshall Islands?

Non-resident entities, including non-resident domestic corporations, foreign corporations, partnerships, and limited liability companies that do not conduct business within the Republic of the Marshall Islands, benefit from a comprehensive range of tax exemptions. These exemptions encompass corporate profit tax, income tax, withholding tax, estate tax, stamp duty, and other taxes. These entities are not liable for taxation on their corporate profits, income, or transactions, and they are also exempt from taxes related to estate transfers and document-related transactions.

How can Vepapu help with forming and managing my offshore company in the Marshall Islands?

Vepapu simplifies the journey of forming and managing your offshore company in the Marshall Islands. Our all-inclusive platform and expert services cover every step. We offer registered agent services, local business addresses, nominee director and shareholder options, and even accounting plans. With Vepapu, you'll navigate compliance seamlessly and manage your company effortlessly through our user-friendly online dashboard. Change company details, alter share capital, and more with ease. Your offshore success story starts with Vepapu, and we will ensure your journey is smooth and hassle-free.

How to form a company in the Marshall Islands?

Typically, registering a Marshall Islands company involves four key steps:

1. Choose a business name and register it with the Marshal Islands Companies Registry;
2. Appoint a registered agent and a local business address;
3. Submit the necessary documents and obtain your incorporation certificate;
4. Maintain your incorporated company by filing annual filings.

What are the different company types or structures available in the Marshall Islands?

An international business company in the Marshall Islands can be incorporated in the form of non-resident domestic corporation (company limited by shares) regulated under Business Corporations Act.

Management

Are there accounting and auditing requirements for the Marshall Islands companies?

Companies are not required to provide financial documents when filing annual returns; hence, there is no need to do accounting and/or bookkeeping. Companies are not required to provide financial documents when filing annual returns.

If you want to have an accurate financial picture of your company, you can opt for an accounting and bookkeeping plan from Vepapu. This makes your journey very simple, transparent, and data-driven.

Are there any annual filing or return submission requirements in the Marshall Islands?

A non-resident corporation is exempt from the obligation to file annual returns, tax returns, and financial reports.

What ongoing compliance requirements do I need to fulfil for the Marshall Islands offshore company?

All incorporated companies must adhere to the following maintenance requirements:
1. Maintain a minimum of one director/shareholder;
2. Retain a local registered agent and address within the Marshall Islands;
3. Maintain comprehensive bookkeeping records alongside supporting documents.

Are there any obligations to conduct the Annual General Meeting (AGM) in the Marshall Islands?

No, a Marshall Islands company isn't required to hold an annual general meeting (AGM) as per the Companies Law. But if the company's Articles of Association say it should or if most of the Board of Directors agree, then an AGM can happen. It's not a must, but it's possible if you want to have one.

How much does it cost to maintain a company in the Marshall Islands?

The maintenance costs include the following:
1. An annual registration renewal fee is US$ 450; and
2. Registered agent and address fee.

Directors

Does my Marshall Islands company need local directors or shareholders?

No, it's not mandatory to appoint local directors or shareholders when establishing your offshore company in the Marshall Islands. While a company must have at least one director, you can serve as the director regardless of your nationality, place of origin, or residence.

Optionally, you can use Vepapu's Nominee Director and/or Nominee Shareholder services to hide your identity in your company formation documents as well.

Can a foreigner or foreign company register a company in the Marshall Islands?

Foreign individuals are welcome to establish companies in the Marshall Islands, and the government actively encourages 100% foreign ownership. The setup process is straightforward for foreigners, featuring minimal requirements. Notably, there are no residency prerequisites for directors and shareholders.

Are bearer shares allowed in the Marshall Islands?

Yes, bearer shares are legally allowed when incorporating a company in the Marshall Islands. However, it's important to note that details regarding beneficial owners must be accurately recorded and maintained by the registered agent to ensure transparency and compliance with regulations.

Do I need to have a local registered address in the Marshall Islands?

A local address in the Marshall Islands is an initial requirement for registering a Marshall Islands offshore company. This address is used solely for documentation purposes and does not serve as a mailing address.

What is the minimum number of directors or shareholders required to form a company in the Marshall Islands?

At least one director/shareholder is required for the company, providing flexibility in choosing individuals or entities to fulfill these roles. The appointed director can belong to any nationality and does not need to be a resident of the Marshall Islands. Moreover, non-resident corporations also have the option to designate a corporate director for added convenience and versatility.

Incorporation

How long will it take to incorporate a company in the Marshall Islands?

After all required documents and information have been submitted, the process of forming a Marshall Islands company typically takes approximately 5 working days. We're here to make sure your company's journey is as smooth and speedy as possible.

What information or documents are required to form a company in the Marshall Islands?

To establish a Marshall Islands company, you must meet the following prerequisites:
1. Notarized / Certified True Copy of Passport;
2. Notarized / Certified True Copy of Address Proof.

Incorporating an international business company (IBC) in the Marshall Islands necessitates the inclusion of:
1. At least one director and one shareholder, who can be the same individual;
2. A registered address located within the Marshall Islands.

How much does it cost to form a company in the Marshall Islands?

The government company registration fee is USD 650 in the Marshall Islands. Appointing a registered agent and having a local business address is mandatory in the Marshall Islands and costs around $1,000.

While completing the company formation procedure with Vepapu, you can go through our transparent pricing before you commit anything. There will be no additional or hidden costs associated with forming your company in the Cayman Islands while working with Vepapu.

How do I name an International Business Company (IBC) in the Marshall Islands?

The initial step in registering an IBC in the Marshall Islands involves selecting an eligible name. The chosen name must not include words like bank, chartered, establishment, foundation, insurance, charity, partnership, or trust, nor should it resemble an existing name.

Additionally, a Marshall Islands company name should conclude with one of these suffixes or abbreviations: Corporation (Corp.), Incorporation (Incorp.), Limited (Ltd.), Public Limited Company (PLC), Aktiengesellschaft (AG), Société Anonyme (SA), Sociedad Anónima (SA), Société Anonyme à Responsabilité Limitée (SARL), Berhad (Bhd), Proprietary (Pty), Naamloze Vennootschap (NV), or Besloten Vennootschap (BV).

What is the minimum registered capital or authorized share capital in the Marshall Islands?

There is no mandatory minimum registered capital for a Marshall Islands IBC. The typical authorized capital is 500 shares without a specified value or up to a total value of US$50,000 for par value shares. Shares can be issued as either partially or fully paid. Likewise, Marshall Islands companies are not obliged to maintain a minimum authorized capital amount.

What types of business are the Marshall Islands IBCs not allowed to carry on?

An IBC in the Marshall Islands is prohibited from engaging in any inland trading activities. Additionally, it is not allowed to conduct banking, trust services, insurance, assurance, reinsurance, or gaming businesses.

Do I have to visit the Marshall Islands to form my company?

No, the forming a Marshall Islands offshore company can be completed via email within just 2-5 working days. This means you don't have to be physically present in the country for the incorporation process. All that's required is for you to provide us with the necessary documents and consent forms, and Vepapu will take care of the entire incorporation process on your behalf.

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+1 307-886-4647

Email

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Included in the package

Company Registration

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Bank Account

Included in the package

Total Compliance

GET STARTED NOW

Included in the package

Company Formation

Included in the package

Registered Agent

Included in the package

Registered Address

Included in the package

Nominee Services

Included in the package

Accounting Bookkeeping

Included in the package

Bank Account Opening

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