Key Corporate Features of Marshall Islands International Business Company

Type of Company: Non-resident
Political Stability: Good
Common or Civil Law: Common
Disclosure of Beneficial Owner: No
Migration of Domicile Permitted: Yes
Corporate taxation: None
Language of name: Latin Alphabet
Corporate Requirements
Minimum Number of Shareholders/Members: One
Minimum Number of Directors/Managers: One
Corporate Directors/Managers permitted: Yes
Company Secretary required: Yes
Usual authorized Capital: US$ 50,000
Local Requirements
Registered Office/Agent: Yes
Company Secretary: No
Local Directors: No
Local Meetings: No
Government Register of Directors/Managers: Optional
Government Register of Shareholders/Members: No
Annual Requirements
Annual Return: No
Submit Accounts: No
Recurring Government Costs
Minimum Annual Tax/License Fee US$ 450
Annual Return Filing Fee: N/A