MH · N 7°06′ · E 171°23′
Marshall Islands
Home to a leading ship registry. Corporate law influenced by Delaware. Commonly used for vessel ownership, shipping companies, and international investment holding.
A traditional venue for shipping and vessel holding.
Non-resident domestic corporation
Talk to an advisorKey points on one page.
- Tax
- Statutorily exempt from Marshall Islands taxes
- Shareholders and directors
- Min. 1 shareholder and 1 director; a secretary is also required; corporates allowed
- Share capital
- Standard authorised capital: 500 no-par-value shares; no paid-in capital requirement.
- Local requirements
- Appoint The Trust Company of the Marshall Islands, Inc. (TCMI) as registered agent and use its registered office
- Annual maintenance
- Government annual fee, agent renewal and economic substance filing
- Incorporation timeline
- Approx. 1–3 business days
- Public disclosure
- Shareholder and director data not public
Facts last checked · 2026-10-26
This page summarises publicly available regulations for general reference only and does not constitute legal or tax advice. Rules in each jurisdiction may change at any time; please confirm the latest position with an Offshore Isle advisor.
References (8)›
- 01International Registries, Inc. — Corporate General Information
- 02International Registries, Inc. — Corporate FAQs
- 03International Registries, Inc. — International Business Corporations
- 04International Registries, Inc. — Economic Substance Reporting and Guidance
- 05International Registries, Inc. — Corporate Advantages
- 06International Registries, Inc. — Maritime General Information
- 07International Registries, Inc. — Electronic Annual Invoice
- 08International Registries, Inc. — A Snapshot of the RMI Registry
02 · Advantages
Why Marshall Islands
- 01Mature ecosystem for shipping and ship registration
- 02Corporate law akin to U.S. practice
- 03Fast setup with strong privacy
03 · Requirements
Formation requirements
- Company name: any language in Roman characters; ends with Inc., Corp., Ltd., etc.
- Shareholders and directors: at least 1 each; a secretary is also required; any nationality
- Registered agent and office: appoint The Trust Company of the Marshall Islands, Inc. (TCMI) and use its registered office
04 · Compliance
Annual compliance
- Pay government annual fee
- Economic substance filing
- Keep accounting records
After incorporation, Offshore Isle sets a compliance calendar. We remind you in advance of annual returns, renewals and filings, and handle them on your behalf.
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