Why Choose the Marshall Islands for Company Formation?
The Republic of the Marshall Islands (RMI) is an established offshore and maritime jurisdiction, best known as one of the world's largest ship and yacht registries. It pairs a tax-neutral regime for non-resident entities with a modern corporate law modeled on Delaware and US principles:
Zero Tax on Foreign Income. No tax on income earned outside the Marshall Islands for non-resident entities, with no capital gains or withholding tax at the RMI level
100% Foreign Ownership. Full foreign ownership with a single shareholder or member of any nationality
No Minimum Capital. No statutory minimum paid-up capital requirement to incorporate
Fast Incorporation. Typically incorporated within 1-3 business days
Delaware-Based Corporate Law. A modern corporate law modeled on Delaware and US principles, familiar to lawyers and counterparties worldwide
Leading Maritime Registry. One of the world’s largest ship and yacht registries, ideal for vessel and yacht ownership structures
Confidentiality. No public register of directors, shareholders, or members; details are held with the registered agent
Cooperative Standing. Removed from the EU list of non-cooperative jurisdictions and not on the FATF monitoring lists, supported by enforced economic substance rules
Marshall Islands Entity Types
Non-Resident Domestic Corporation
- Min. capital
- No minimum
- Shareholders
- 1 minimum (any nationality)
- Best for
- Vessel and yacht ownership, holding, and international trade
Limited Liability Company (LLC)
- Min. capital
- No minimum
- Shareholders
- 1 minimum member
- Best for
- Flexible vehicle with pass-through features, joint ventures, and US-owned structures
Limited Partnership (LP)
- Min. capital
- No minimum
- Shareholders
- General + limited partners
- Best for
- Investment, fund, and joint-venture structures
Partnership
- Min. capital
- No minimum
- Shareholders
- 2 or more partners
- Best for
- Co-ownership arrangements between two or more parties
Common Uses for Marshall Islands Companies
Vessel and Yacht Ownership
Hold ships and private yachts in a recognized maritime jurisdiction, pairing the entity with registration in one of the world’s largest ship and yacht registries.
International Holding
Hold shares in operating companies across multiple jurisdictions within a tax-neutral, flexible structure.
International Trading
Conduct import, export, and cross-border transactions through a widely recognized offshore vehicle.
Asset Holding
Ring-fence and hold investments, intellectual property, and other assets within a stable, Delaware-based legal framework.
Note: Costs are indicative and may change with your requirements and regulations. Contact us for a tailored quote.