Advantages of The Marshall Islands incorporated companies:
- Advanced liberal laws are applicable to offshore companies.
- Confidentiality: no personal information on beneficiaries, shareholders or officers of the company is required by the registrar.
- There is no minimum and maximum share capital requirement and capital can be denominated in any currency.
- Companies can be set up with just one shareholder who is either a natural person or a corporation and may be the resident of any country.
- The company may use nominee services (director and shareholder).
- The opening of a bank account does not require a personal visit to the bank from the company representative.
- The office can be maintained and documentation may be kept in another country.
- There are no exchange controls.
- Bearer shares and shares without par value are allowed.
- Company administration is straightforward without a requirement for many staff and management can be carried out from any country.
- There is no requirement for financial statements or statutory auditing.
- Re-domiciliation is allowed from other jurisdictions.
- There is no requirement for annual meetings of directors and shareholders but, if needed, the meetings can be held in any part of the world.
- Offshore companies with no operation in The Marshall Islands are tax exempt.
- Economic and political stability.