The Marshall Islands: company formation
International Business Company · Asia-Pacific
Updated on 3 November 2026 · Published under the responsibility of Jason Pivron, director · Who we are
IBC in the Marshall Islands — company, registered office, banking file and annual upkeep, run by us, with a local correspondent where we have one.
Who this jurisdiction suits
- A leading ship registry for vessel ownership.
- Statutory flexibility.
What it does not solve
- Relevant almost exclusively for shipping.
- Banking difficult outside the maritime sector.
Conditions to meet
Source (30 September 2026): rmiparliament.org
Usual authorised capital, not a legal minimum
Usual time, from our files; to be checked.
Difficult outside shipping.
Registered office and agent mandatory, included. A structure relevant almost exclusively for ship ownership.
Our assessment for the Marshall Islands; to be checked.
Not offered.
Our offer in the Marshall Islands, internal catalogue.
Services and prices
Starting prices excluding tax, government fees included.
See the other 9 services in this jurisdiction
Firm price after the call: several shareholders, indirect ownership or a regulated activity change it.
The Marshall Islands: what is specific to it
- Non-resident companies fall under the Business Corporations Act, part of the Associations Law; the registrar is the Trust Company of the Marshall Islands, with administrative support from International Registries, Inc. (IRI) since 1990. Source: rmiparliament.org (to be checked)
- The law exempts non-resident companies from tax. Source: rmiparliament.org (to be checked)
Reviewed on 30 September 2026.
Marshall Islands compared with Samoa and Hong Kong
| Marshall Islands | Samoa | Hong Kong | |
|---|---|---|---|
| Usual company form | IBC | IBC | Ltd |
| Corporate taxation | 0 % · widely used in ship registration | International company: not established by this review · general regime 27% · removed from the EU list in February 2026 | 8.25 to 16.5 % · exemption possible on income earned outside the territory, on application |
| Share capital | $50,000 | $1,000,000 | HKD 1 |
| Incorporation time | 1–2 days | 1–2 days | 1–2 days |
| Banking access | Difficult | Difficult | Demanding |
| Substance requirement | Necessary, but not sufficient on its own | Necessary, but not sufficient on its own | Necessary, but not sufficient on its own |
| Our services | from 1,590 € | from 1,590 € | from 2,390 € |
To be checked against each profile. The page for Samoa → · The page for Hong Kong →
Registered office and premises in the Marshall Islands
From 1,490 €. Registered office service →
How it runs
- Scoping and identity verification
- Name reservation
- Filing and incorporation
- Delivery of the corporate file
- Account opening
For the Marshall Islands, the usual time is 1–2 days.
Steps as recorded on 21 September 2026.
Group: International place of incorporation · Our fees → · What we do for you →
Company formation in the Marshall Islands: frequently asked questions
How much does it cost to set up a company in the Marshall Islands?
Company formation in the Marshall Islands starts at 1,590 €, excluding tax. Firm quote before signature.
How long does it take to register a company in the Marshall Islands?
About 1–2 days once the file is complete (usual time from our files; to be checked).
What is the corporate tax rate in the Marshall Islands?
0 % · widely used in ship registration (data as of 21 September 2026; source: rmiparliament.org). Not tax advice.
What share capital is usual in the Marshall Islands?
$50,000: usual authorised capital, not a legal minimum; to be checked.
Why set up a company in the Marshall Islands?
A leading ship registry for vessel ownership. Statutory flexibility.
What are the drawbacks of a company in the Marshall Islands?
Relevant almost exclusively for shipping. Banking difficult outside the maritime sector.
Marshall Islands or Samoa or Hong Kong: where do our services start?
from 1,590 € in the Marshall Islands; from 1,590 € in Samoa; from 2,390 € in Hong Kong, excluding tax.
Marshall Islands or Samoa or Hong Kong: how does corporate tax compare?
Marshall Islands, 0 % · widely used in ship registration; Samoa, International company: not established by this review · general regime 27% · removed from the EU list in February 2026; Hong Kong, 8.25 to 16.5 % · exemption possible on income earned outside the territory, on application; to be checked.
Marshall Islands or Samoa or Hong Kong: which is faster to register?
Marshall Islands in 1–2 days; Samoa in 1–2 days; Hong Kong in 1–2 days, usual times.
Where these figures come from
Recorded on 21 September 2026; to be checked; banking and substance: our assessment. How we source these figures →