Marshall Islands
NEWS
FACT FILE
Location Asia Pacific – Oceania.
Time Zone Greenwich Mean Time +12.
Population 70,983
Capital Majuro.
Airport One international, three domestic.
Language English, Marshallese
Currency US$.
Dialing Code +692.
Centre's Expertise Corporate and maritime registries since 1990.
Political System Republic.
Legal System Common law.
Personal Income Tax N/A.
Corporate Income Tax None.
Exchange Restrictions None.
Tax Treaties 14: United States, Australia, New Zealand, Ireland, Denmark, Finland, Iceland, Norway, Sweden, Faroe Islands, Greenland, South Korea, The Netherlands, United Kingdom.
Permitted Currencies All.
Minimum Authorised Capital None.
Minimum Share Issues One.
Shelf Companies Yes.
Incorporation Time Scale One working day.
Incorporation Fees US$650 (including first annual corporate maintenance fee).
Annual Fees US$450.
Minimum Number One.
Residency Requirements None.
Corporate Directors Yes.
Meetings/Frequency Flexible.
Disclosure None.
Bearer Shares Yes.
Minimum Number One.
Public Share Registry No.
Meetings Frequency Annual meeting.
Annual Return No.
Audit Requirements None.
Registered Office Provided with incorporation.
Domicile Issues Free redomiciliation into the Marshall Islands; redomiciliation out of the Marshall Islands permitted.
Company Naming Restrictions No use of bank, insurance or trust. Names may be in any language, as long as Roman characters are used.
ARTICLES
Marshall Islands Promotes Growth through Efficiency and Support
  A look at how the relationship between the Registry and the business and finance communities on the Islands make this jurisdiction a centre for excellence. (27/02/2010)
Flexibility, stability, and service: The winning combination of the Marshall Islands
  Michael Wyler outlines the legislative and regulatory framework in place in the jurisdiction , highlighting its position as jurisdiction of choice for initial public offerings for shipping companies (21/01/2009)
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FURTHER BACKGROUND INFORMATION
  Marshall Islands Tax Treaties
  The Marshall Islands currently has 14 TIEA agreements in place. - read more...
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