Marshall Islands International Business Ccompany (IBC)

A Marshall Islands International Business Company (IBC), which is also known as a Non-Resident Domestic Corporation, is the country’s most popular offshore company platform. Currently, the Marshall Islands offers one of the fastest IBC registrars in the world. IBCs are utilised for a variety of purposes, such as trust and estate planning, holding securities and bank accounts, entering into joint ventures, international trade and lately especially popular for registering vessels.

ADVANTAGES

  • 0% tax on income, profits, dividends, royalties or other sources of revenue

  • May issue shares in registered and/or bearer form with or without par value

  • Names of directors and shareholders are not disclosed on public record

  • No share capital required

  • Popular for yacht registration where VAT is not paid

  • No filing requirements

REQUIRED DOCUMENTS

  • Company name of your wish (ending >Ltd)

  • Passport copy of all directors and shareholders

  • Proof of residence (phone bill, electricity bill) not older then 3 months

  • Nature of business and business plan

  • CV of shareholder(s)

PRICE BOX

EUR 2'500  Incorporation 

EUR 2'000  Annual Fees

SHARE CAPITAL

There is no specific minimum capital requirement. The standard authorised share capital is 500 shares without par value.

SHAREHOLDERS

A minimum of one shareholder is required, which may be an individual or corporate.

DIRECTORS

There must be at least 1 director, a natural person or corporate body, with no requirement for local director.

REGISTERED OFFICE

Every company registered in the Marshall Islands is required to have a registered office address.

FILING REQUIREMENTS

Financial records must be kept but there are no requirements for accounts filling and audits.

TIMESCALE

Once all the requested documents are delivered, the incorporation process usually takes around 1 - 2 days

INCORPORATION PROCESS: SET UP YOUR COMPANY IN 2 EASY STEPS

STEP 1: GET YOUR DOCUMENTS IN ORDER

  • Provide us with the company name of your choice. We will check the name availability for you for free

  • Two certified copies of your passport

  • Proof of residence, for example your last phone or electricity bill (not older then 3 months)

  • Order your bank reference letter

  • Tell us about nature of planned business and expected income and expenditure

  • Let us know when you’re ready and send us a scanned copy of the documents for our review before you post them. Call us for any questions +41 (0)44 266 10 60

STEP 2: SIGN FOR REGISTRATION 

  • Sign F Trust’s mandate agreements

  • We will prepare the application for incorporation and the memorandum and articles

  • We will proceed with the company incorporation and registration with the local authorities

  • The company is from now on ready to use

  • If you wish us to assist with bank account opening, please let us know and F Trust will complete account opening application forms for you