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11/07/25

CAREY OLSEN: Carey Olsen advises Klar on US$190 million Series C funding round

11/07/25

CAREY OLSEN: Carey Olsen represents Grant Thornton Channel Islands in connection with sale

11/07/25

AFRICA: Four richest Africans wealthier than half the continent Oxfam reports

11/07/25

CHINA: Chinese tax authorities urge to declare offshore earnings in line with global practices

11/07/25

EU: EU Considers Tobacco Tax as New, Long-Term Revenue Stream

11/07/25

EU: EU Proposes New Tax Incentives to Boost Clean Tech and Advance ESG and Carbon Neutral Strategy

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Fact File

Fact File Supplied By

International Registries, Inc.

Location

Asia Pacific - Oceania.

Time Zone

Greenwich Mean Time +12.

Population

78,831.

Capital

Majuro

Airport(s)

One international

Language

English and Marshallese

Currency

US$

Political system

Republic

International dialing code

+692

Legal system

Common law

Centre's expertise

Corporate and maritime registries since 1990.

Personal income tax

N/A

Corporate income tax

Non-resident domestic entities statutorily exempt.

Exchange restrictions

None.

Tax information exchange agreements

15: Australia, Denmark, Faroe Islands, Finland, Greenland, Iceland, India, Ireland, The Netherlands, New Zealand, Norway, Republic of Korea, Sweden, United Kingdom, United States.

Permitted Currencies

All.

Minimum authorised capital

None.

Minimum share issue

One.

Shelf companies

Yes.

Timescale for new entities

May be completed in one working day.

Incorporation fees

US$650 (including first annual corporate maintenance fee).

Annual corporate maintenance fee

$650 (includes $150 Economic Substance Regulations Reporting and Certificate of Economic Substance Regulations Reporting compliance fee).

Minimum number

One.

Residency requirements

None.

Corporate directors

Yes.

Meetings/frequency

Flexible.

Disclosure

Yes, for bearer shareholders; otherwise only on demand.

Bearer shares

Yes.

Minimum number

One.

Public share registry

No.

Meetings/frequecy

Annual meeting.

Annual return

No.

Corporate records

Maintain accounting records, minutes, and records of shareholders and beneficial owners.

Audit requirements

None.

Annual Economic Substance Report

Yes.

Registered office

Provided with incorporation.

Domicile issues

Simple redomiciliation into the Marshall Islands; redomiciliation out of the Marshall Islands permitted.

Company naming restrictions

No use of bank, insurance, trust, words related to virtual assets, or other terms not in accordance with the Registrar’s regulations or policies. Names may be in any language, as long as Roman characters are used.