Marshall Islands Formation

Incorporation Services

GENERAL INFORMATION

Location – Situated nearly midway between Hawaii and the Philippines, and is the easternmost island group in Micronesia.
Capital –Majuro
Population –Approximately 60,000
Languages – English (official), Marshallese
Legal System – US Common Law
Currency – US Dollar
Exchange Control – None
Economy – Agriculture and tourism are the mainstays of the economy. It has a stable business environment, due in part to the longstanding US involvement with the islands
Time Zone – GMT +12
Principal Corporate Legislation – Business Corporation Act 1990

INTRODUCTION

The Marshall Islands is situated nearly midway between Hawaii and the Philippines, and is the easternmost island group in Micronesia. The country consists of two parallel chains of atolls and islands in the central Pacific Ocean, known as the Ratak (Sunrise) chain and Ralik (Sunset) chain. The population of the Island is approximately 60,000, made up principally of people of Marshallese, German, American or Chinese extraction. Agriculture and tourism are the mainstays of the economy. The most important commercial crops are coconuts, tomatoes, melons and breadfruit.
The principal trading partners are the United States, Japan and Australia. The Marshall Islands has a stable business environment, due in part to the longstanding US involvement with the islands. Excellent international communications are provided by satellite links for telephone, fax and telex. Banking services are provided by the Bank of Guam and the Bank of the Marshall Islands.

FEATURES AND BENEFITS

 Local registrar service; no concerns about time difference.
 Chinese company names and Chinese M&As are allowed.
 Simple registration and maintenance.
 Virtually unsurpassed confidentiality.
 Director and shareholder information is not publicly filed
 No requirement for disclosure of beneficial owners to the government
 All non-resident domestic – Marshall Islands entities are statutorily exempt from taxes
 Neutral domicile for parties of different citizenship
 Redomiciliation both into and out of the jurisdiction.