Describe the intended structure
Provide the company purpose, owners, management location and expected assets or transactions. Include an ownership chart if other companies are involved.
Company formation in the Marshall Islands
Review the corporate purpose, ownership records, economic-substance reporting and banking before formation.
Discuss my Marshall Islands company
Describe the assets or business involved. We can discuss the corporate route and the reporting and banking questions that follow from it.
Non-resident companies still have reporting duties
We form a Marshall Islands LTD, a non-resident corporation, for USD 1,750, and the annual renewal is USD 1,200. Every non-resident domestic entity files an annual economic substance report with the registry, including a company that only holds one asset. The report is separate from the renewal, so both belong in the yearly budget.
We coordinate Marshall Islands company formation for international business and ownership structures. Identify the company’s assets or transactions, the people in control and the reporting work it will need.
Last checked: 6 November 2026, Aleksandar
Fit, documents and risks
Our price list
- Marshall Islands LTD
- Formation: USD 1,750
Annual cost: USD 1,200
Prices are stated in the currency of our price list. The formation price includes the first year of maintenance, so the annual fee applies from the second year.
Who it suits
- Owners with a defined international business or asset-holding purpose.
- Group structures that can explain the role and ownership of each entity.
- Businesses prepared to maintain records and file the annual economic substance report.
Documents to prepare
- Passport and proof of address for each director, shareholder or member.
- A description of the assets, contracts and expected income.
- For a corporate owner: registry documents and an ownership chart up to the individuals in control.
- If a vessel is involved, the vessel details for a separate registration review.
Common misconceptions
- A holding company has nothing to report. Non-resident domestic entities file the annual economic substance report whatever their activity.
- Company formation includes vessel registration. Vessel registration has its own eligibility and documents.
- The company can offer financial services once formed. Formation does not authorise a regulated activity, and the registry restricts particular activities.
Risks to plan for
- A missed economic substance report.
- Accounting and beneficial-ownership records that do not reach the individuals in control.
- A bank that does not accept the structure or the transaction countries.
Formation and reporting arrangements
Budget for recurring reporting
Formation is USD 1,750 and the annual renewal is USD 1,200, in US dollars as listed in our price list. The written offer states what the renewal covers, including economic substance reporting where it is part of the scope. Certified documents, maritime work, regulated-activity advice and banking support are not part of an ordinary formation fee.
Discuss my Marshall Islands companyOff-Shore.net, a service of Euro Commerce LLC, coordinates company formation, banking preparation and annual administration from contact offices in the United States and Serbia.Meet the people coordinating your case
Identify the company’s activity and records
The Marshall Islands registry requires annual economic-substance reporting from non-resident domestic entities. That reporting is a separate question from whether a particular activity must satisfy substance requirements. Understanding the distinction helps you budget for maintenance and avoid treating the annual renewal as the only obligation.
Identify the company’s precise role
List what it will own, the contracts it will enter and the income it expects to receive. If the purpose involves a vessel or a maritime business, distinguish corporate formation from any separate vessel registration. Each step needs its own scope and relevant specialist review.
Assess reporting and relevant activity
The registry describes an annual economic-substance report for non-resident domestic entities. The company’s activity and circumstances determine the answers and any substantive requirements. Obtain the appropriate assessment and keep evidence supporting it, including where business functions and decisions occur.
Maintain ownership and financial records
The registry’s legal guidance addresses accounting and beneficial-ownership records. Maintain a clear chain to the individuals controlling the company and documentation of transactions. The bank will conduct its own assessment, including the owners, source of funds and countries involved.
Give the holding company a defined role
A Marshall Islands holding company needs a defined place in the ownership chain and an assessment of substance reporting. If owners and directors move between countries, record where management actually happens. Company registration is also separate from vessel registration.
The business behind the account
Your company- Owners
- Residence and who makes decisions
- Customers
- Where payments come from
- Suppliers
- Where the company sends money
- Activity
- What customers actually buy
Together, these facts explain why the company needs this account.
Assets, reporting and registration
What does a Marshall Islands company cost with you?
Formation of a Marshall Islands LTD is USD 1,750 and the annual renewal is USD 1,200, both in US dollars as listed in our price list. Reporting work beyond the renewal is quoted separately.
Is an annual economic-substance report required?
The registry states that non-resident domestic entities must file an annual economic-substance report. Whether an entity carries on a relevant activity, and the resulting requirements, needs a separate assessment of its facts.
Does company formation include vessel registration?
No such inclusion should be assumed. A vessel registration has separate eligibility, documentation and professional requirements. If that is your objective, describe it so the available service scope can be confirmed.
Can this structure provide regulated financial services?
Corporate formation does not authorise a regulated activity. The registry also identifies restrictions on particular activities. Explain the actual service and client locations for a current licensing and eligibility review.
What if the company only holds an asset?
The asset, source of income and management arrangements still matter. Holding activity should be assessed for its reporting, substance and tax consequences, with adequate ownership and financial records maintained.
What should we prepare for the bank?
Collect ownership records, identification, source-of-funds evidence and an explanation of the company’s assets or transactions. Banking support is a separate service priced from EUR 300 to EUR 3,000, excluding bank deposits and the institution’s own fees. The bank decides on the account; our fee covers the agreed work.
How is the company taxed in my home country?
It depends on your tax residence, where you and any staff do the work, and the rules of your country, including any rules on foreign companies. A local exemption for non-resident entities does not settle how your country treats the company or its income. Ask a tax adviser in your country of residence before the company starts invoicing.
Compare your next options.
Seychelles
Review the activity, ownership, accounting records and banking needs before committing to formation.
Belize
Confirm the entity, licensed registered-agent route and ongoing requirements before relying on an old offshore-company package.
Banking preparation
Review the activity, ownership and payment flows an institution will need to understand.
Sources and further reading
Check the original requirements for your case. Rules, fees and provider policies can change.
Discuss your Marshall Islands company
The company’s role determines which records and reporting questions need attention. An asset-holding arrangement and an operating business should not be scoped as the same engagement. Bring the proposed ownership and purpose into the discussion before registration begins.
Discuss my Marshall Islands company