Rikvin – Marshall Islands Incorporation Basics Marshall Islands is part of the Micronesian islands situated in the Pacific Ocean. Marshall Islands (IBC) is a tax-free corporation designed for engagement into all forms of international business, with no reporting and minimum record-keeping requirements, and comprehensive confidentiality features. Marshall Islands is made of 29 atolls and 5 islands situated in the Pacific Ocean. Equipped with modern telecommunication system and computerization of both the public and private sector, the country is compatible for most modern businesses. Marshall Islands offers a modern and attractive business and financial center for international companies and especially popular among maritime companies. The following are the minimum registration requirements for Marshall Island company incorporation. • • • •
Director: Minimum of one Director. Shareholder: Minimum of one Shareholder. Secretary: A Corporate Secretary. Note that shareholder(s), director(s) and Corporate Secretary can be the same individual person or a corporate entity.
The following are the common features of Marshall Islands incorporation: • • • • • • • •
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There is no minimum capital requirement. Shares can be issued with or without par value in a variety of forms and classifications and may include voting or non-voting, Preferential or Common etc. Shares may be issued for money or for other valuable consideration. Shares are issued in registered form only; Bearer shares are no longer permitted. Minimum one shareholder and one director are required. Shareholders, directors and officers need not be resident in the Marshall Islands and can be of any nationality. Directors and/or officers can be either corporate entities or natural persons Appointment of company secretary is required and can be of any nationality and need not be resident in Marshall Islands. Rikvin, a reliable and leading company registration firm in Singapore offers Marshall Islands company incorporation and assures the following to its clients: Availability of Shelf ready-made companies. Immediate Incorporation: Corporate existence can be obtained within one (1) business day. Upon confirmation of the date of existence of the new corporation, a company can be organized and transact business. Offshore Corporate Bank Account: Rikvin works with internationally recognised banks such as HSBC, Standard Chartered Citibank, UOB and DBS to provide Singapore corporate bank account opening service.
Resource Box: Rikvin provides a full spectrum of corporate services under one roof for Singapore company incorporation, accounting, tax, Singapore income tax, Singapore visa types and related compliance services both for individuals and companies worldwide.
Published on Oct 20, 2011
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