Marshall Islands

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Marshall Islands

Marshall Islands

 

Marshall Islands attract not only tourists by their exotic nature, hospitable people, rich subsea world, but everyone, who wishes to register the company on the most favorable conditions.

  1. Legislation: the company's activity is regulated  by the such laws: Marshall Islands Associations Law, Business Corporations Act, Partnership and Limited Partnership Act.
  2. Forms of the company: The most popular form of company is corporation.
  3. 3.      Registration of company.

The name of the company: the name of the company must include “Limited” or “Ltd”; “Corporation” or “Corp”; “Incorporated” or “Inc.”; “Sociedad Anonima” or “S.A.”. It must not include words “Trust”, “Bank”, “Insurance” or other words, implying banking or insurance activity.

 Director's information: minimum quantity – one. Natural person or legal entity may be a director. There are no residence requirements.

Shareholder's information: minimum quantity – one. Natural person or legal entity may be a shareholder. There are no residence requirements.

Information about secretary: there are requirements to have a secretary. Natural person or legal entity may be a secretary.

Minimum size of share capital: there are no requirements.

Accounting: there are no requirements of submission audit statements to the state bodies, but the companies are obliged to save financial statements, that show their financial condition.

Taxation: there are no requirements about paying taxes for all nonresident companies.

 

Peculiarities: political and economic stability, simplicity of the registration procedure, high level of confidentiality and other advantages of Marshall Islands attract the attention of people, willing to begin their business on beneficial conditions.