Advantages of starting a company in Marshall
The process required to register in Marshall
first
Name review and pre-approval
Submit 1-3 English names (including "Corporation" or "Inc." suffixes) through the registration agent, and the verification is usually completed within 1 hour, supporting the Chinese transliteration name filing.
second
Document preparation and submission
Shareholder/director passport and address proof (no notarization required), articles of association (standard template can be selected), registered capital statement (default $50,000), and the whole process is submitted electronically.
third
Pay the fee and obtain the certificate
Electronic registration certificate is issued within 1 working day (expedited up to 6 hours) after payment of the first year government fee (approx. Usd 750) and agency service fee.
four
Bank account activation
The registration package (including articles of association, list of directors, etc.) can be used by Marshallese local or international banks to apply for offshore accounts without the need for initial capital verification.
Information required to register Marshall Company
- Shareholder/Director identification: provide HD scan copy of passport (valid for more than 6 months) and English address proof (such as utility bill/bank statement) for nearly 3 months, without notarization.
- Articles of Association: Adopt standard template or customized version, and specify registered capital (default $50,000), share structure and business scope. English version is supported.
- Company Registration Application Form: Complete an electronic application form containing company name, director/shareholder information, registered address (which can be provided by the agent) and a statement of the actual controller.
- Compliance Declaration Document: Sign the Anti-Money Laundering (AML) Declaration and the Economic Substance Act (ESR) Preliminary Declaration form, stating the source of funds and the main business.
Information is available upon registration

Certificate of registration

Articles of association

Company signature seal

First board resolution

Company information card

Letter of authorization of nominal director

Commercial Secretary authorization document

Nominal address authorization file


Tax filing service
Details may vary depending on the type of company, its size and location
Zero tax reporting obligations
Marshall companies have no corporate income tax, but are required to submit an annual Declaration of Economic Substance (ESR) confirming their eligibility for tax exemption (new 2025).
Annual registration fee is renewed
The government renewal fee (starting at around $850) is paid in January each year, late payment will incur a 10% late fee, which needs to be handled through a licensed agent.
Financial record filing
Complete financial records (including transaction vouchers) must be maintained for at least 5 years, although no audit is required, but subject to FSC compliance tests.
FATCA/CRS Tax filing
Financial institutions need to take the initiative to declare the US FATCA and CRS information, and the balance of personal holding account exceeds 250,000 US dollars.