Marshall Islands Company + Bank Account

Set up your offshore company and FREE corporate bank account with Euro Pacific Bank.

PACKAGE SERVICES

Marshall Islands Company Formation

  • Name check and approval
  • Drafting and filing Articles of Incorporation and Constitution
  • A standard set of original corporate documents
  • Payment of the Government License Fees
  • Provision of registered office and registered address for one year
  • Rubber stamp
A standard set of original corporate documents:
  • Certificate of Incorporation
  • Endorsement Certificate
  • Articles of Incorporation
  • By-Laws
  • Consent of Incorporator
  • Appointment of First Directors
  • Consent Actions of the Board of Directors
  • Share Certificate
  • Register of Directors and Members
$ 1000
ACCOUNT OPENING SERVICES

Euro Pacific Corporate Bank Account

  • Verifying personal & corporate documentation
  • Completion of the bank forms which will be forwarded to you for signing with relevant instructions
  • Sending the full package to the bank for final approval
  • Monitoring the account opening process until account allocation and banking package is received

We consider our service completed once you obtain the bank account number. Due to the bank-customer relationship, we will no longer be able to contact the bank on your behalf after the bank account is opened.
$600 $ 0
ADDITIONAL SERVICES
NOMINEE SERVICES

Nominee Shareholder

Provision of corporate Nominee Shareholder (per annum)
$ 500

Nominee Director

Provision of corporate Nominee Director (per annum)
Please note: The fee may increase for unordinary activities/circumstances.
Special Power of Attorney issued by a Nominee Director, under Apostille is available on request.
$ 450
CORPORATE CERTIFICATES

Certificate of Incumbancy

Provision of Certificate of Incumbency under Apostille
$ 475

Certificate of Good Standing (Apostilled)

Provision of Certificate of Good Standing under Apostille
$ 440

Set of Corporate Documents (Apostilled)

Copies of corporate documents in one Apostilled bundle.
Please note: If applying for a corporate bank account you will need to order a full set of apostilled company documents when the account is opened outside of Marshall Islands.
$ 265
OTHER SERVICES

Extra Rubber Stamp

Provision of company extra rubber stamp.
$ 40

Metal Embossing Seal

Provision of embossed metal seal.
$ 120

Payment methods

TOTAL: $ 1000

Facts & Info for Special Offer Company Formation & Bank Account:

Corporate Information

LEGAL FORM
The Marshall Islands Associations Law, adopted in 1990, is modeled on the corporate laws of the states of Delaware and New York and was modified to include all the necessary characteristics of an offshore jurisdiction, such as bearer shares, facsimile filings, and execution of documents without notary affidavits. With a unique flexibility, each corporation may be organized in the U.S. style with a President, Secretary and Treasurer, or in the U.K. style with a Managing Director and Corporate Secretary. The Marshall Islands Association Law was recently republished in a new publication, which includes the Business Corporations Act, Partnership and Limited Partnership Act, Unincorporated Associations, and the Limited Liability Company Act.
The most popular company form used by international investors in the Marshall Islands is a Non-Resident Corporation. Non-Resident Corporations have certain restrictions: they cannot trade within the Marshall Islands, cannot undertake the business of banking, trust services, insurance, assurance or reinsurance and gaming. A Company incorporated in the Marshall Islands has the same powers as a natural person. The Republic of the Marshall Islands has an exclusive franchise with one private company, which administers corporate and maritime registries specializing in the needs of the shipping and financial services industries across a broad commercial and economic spectrum.
COMPANY NAME
Marshall Islands corporations’ names must end in one of the following words, or their relevant abbreviations: Corporation, Incorporated, Limited, Public Limited Company, Aktiengesellschaft, Société Anonyme, Sociedad Anónima, Société Anonyme à Responsabilité Limitée, Berhad, Proprietary, Naamloze Vennootschap, Besloten Vennootshcap, Aktiengesellschaft. Names may be in any language as long as Roman characters are used and any standard corporate suffix is acceptable. The following words cannot be used in the name of a Marshall Islands corporation: bank, chartered, establishment, foundation, insurance, partnership or trust. Names denoting any connection to local, state or national governments are generally prohibited. The Registrar may however require an English translation if a foreign language is used to ensure that the proposed name is not a restricted name.
ARTICLES OF INCORPORATION
After receipt of name approval, companies can be incorporated using standard Articles of Incorporation. With standard Articles, the request to incorporate should contain the following information: corporate name, number of authorized shares, whether shares have par or no par value (if par value, amount per share), whether the shares are to be in bearer and/or registered form.
SHAREHOLDERS
A minimum of one shareholder is required which may be an individual or a body corporate. The details of company beneficial owners and shareholders are not part of the public records.
SHARE CAPITAL
There is no specific minimum capital requirement. The standard authorized share capital is 1000 shares without par value or a capital with a stated par value up to US$ 50,000. The authorized share capital may be expressed in any currency. The minimum issued share capital is either one share of no par value or one share of par value. Marshall Islands’ corporations may have registered shares, bearer shares, preference shares, redeemable shares, shares with or without par value and shares with or without voting rights.
DIRECTORS
A Marshall Island Corporation requires a minimum of one director, who can be a physical person or a body corporate. Details of company directors do not appear on the public file. There is no requirement to have resident directors.
REGISTERED OFFICE, RESIDENT AGENT AND COMPANY SECRETARY
Every company, registered in the Marshall Islands is required to have a registered office and address, which should be notified to the Registrar. A Registered Agent is required to ensure that the corporation has an assigned representative at a known address to receive all service of process (legal notices) on its behalf. A Marshall Islands corporation must appoint a company secretary who may be a natural person or a body corporate. The company secretary can be of any nationality and need not be resident in the Marshall Islands.
MEETINGS
The directors and the shareholders meetings need not be held in Marshall Islands; also there is a requirement for an Annual General Meeting. All meetings may be held outside Marshall Islands, by telephone or other electronic means. Alternatively, directors and shareholders may vote by proxy.
INCORPORATION TIME
A Marshall Islands Corporation can be formed within one (1) business day. Corporate documents can be legalized via Apostille also within one (1) business day.
RECURRING MAINTENANCE FEES AS FROM 2ND YEAR- $840
  • Provision of registered office and registered address
  • Provision of resident agent/company secretary
  • Payment of annual government fees

ABOUT THE BANK

Euro Pacific Bank Ltd. is the parent company of Euro Pacific Intl., Euro Pacific Advisors Ltd., Global Trading Ltd., and Euro Pacific Funds SCC Ltd. The companies were formed in order to provide superior international banking services.

Euro Pacific Bank is Licensed and regulated by the Office of Commissioner of Financial Institutions in Puerto Rico.

Euro Pacific Bank differentiates itself from other offshore banking alternatives by providing excellent client-focused service and support. Although the bank uses convenient cutting-edge online banking technology, they do not subject clients to a web of interactive phone menu systems and online help forms.

Euro Pacific Bank offers a wide range of banking solutions and innovative products, including gold and silver backed accounts and debit cards and brokerage platform.

As of 20th November 2017, Euro Pacific Bank moved its operations to Puerto Rico from St Vincent and the Grenadines.


WHAT EURO PACIFIC BANK OFFERS
  • Personal and Corporate accounts
  • Internet banking
  • Phone banking
  • Accounts in USD, GBP, EUR, CAD, AUD, JPY
  • Prepaid Cards in EUR, USD, GBP
  • Gold/Silver backed accounts available
  • Brokerage Platform
  • Multilingual customer support
  • The approximate timeframe for account allocation is 7 to 10 days after the documents have been received by the bank.

BANK TARIFFS AND CHARGES
Euro Pacific Bank can be considered as a medium-cost bank with respect to incoming/outgoing payments and account maintenance. The bank charges for incoming payments can vary between USD 12- USD 75 depending on the amount of transfer. The outgoing payment fees vary between USD 22-USD 85 depending on the amount of transfer. The monthly account maintenance fee for a corporate account is USD 22.50. There is no charge for online banking access.

  • PLEASE NOTE that bank tariffs may be changed anytime at the sole discretion of the bank, we therefore suggest to contact us or visit the bank’s website for updated details on specific fees and charges.
  • STARTING BUSINESS professional service fee for the assistance of bank account opening does not include any bank charges and commissions, account maintenance fees, transaction fees, initial deposit or minimum balance.

  • Taxation

    TAXATION
    Marshall Islands non-resident corporations, partnerships, limited partnerships and limited liability companies are statutorily exempt from all forms of taxation in the Marshall Islands. There is zero taxation on all income, profits, dividends, royalties, compensation or other related sources of revenue and there is no double taxation agreement.
    FINANCIAL STATEMENTS
    Whilst there is no requirement to file audited financial statements with local authorities, a Marshall Islands company is required to keep financial records to reflect its financial position.

    Our Services & Requirements

    OUR SERVICES FOR THE COMPANY FORMATION IN MARSHALL ISLANDS INCLUDE:
    • Name check and approval
    • Drafting and filing Articles of Incorporation and Constitution
    • A standard set of original corporate documents
    • Payment of the Government License fee
    • Provision of registered office and registered address for one year
    • Provision of company secretary for one year
    • Rubber stamp

    DOCUMENTS REQUIRED FOR THE COMPANY FORMATION
    Please provide the following documents for all Directors, Shareholders, Beneficial Owners, Authorized Signatories:
    • Notarized copy of valid passport.
    • Original or Certified copy of utility bill / bank statement (as verification of residential address, dated within 3 months).
    • Original or certified copy of Banker’s reference letter (dated within 3 months).
    • In cases where shareholders and/or directors are corporate bodies, full apostilled set of corporate documents and Certificate of Good Standing (for companies registered more than 1 year).

    Documents that are not in English must be accompanied by a certified translation.
    REQUIREMENTS FOR CORPORATE ACCOUNT SET UP WITH EURO PACIFIC BANK
    • Personal presence is not required
    • The minimum balance and minimum initial deposit required of USD 500
    • The account will be activated within 7 - 10 business days, upon receipt by the bank of all duly completed forms and relevant information.
    PLEASE NOTE: There is a list of restricted countries/regions/citizens/residents for account opening: USA, OFAC-listed countries, OECS (Organization of Eastern Caribbean States), New Zealand FSPs, all CIS countries (including Russia, Ukraine and Belarus), some African countries, Venezuela and Balkans countries.
    DOCUMENTS REQUIRED
    For the Company:

    A set of legalized company documents consisting of:

    • Certificate of Incorporation
    • Memorandum and Articles of Associations
    • Documents confirming the appointment of company directors and secretary (if any)
    • document confirming the location of the registered office
    • Share Certificate(s)
    • Certificate of Good Standing if the company is more than 12 months old
    • Copy of the Corporate Structure, identifying the ultimate beneficial owner(s)
    • Valid License (if applicable)

    For each director, shareholder, secretary, authorised signatory and ultimate beneficial owner:
    • Notarized copy of valid passport.
      The passport must be signed and signature must match the signature in the application form. The photograph must be clear and of good quality.
    • Original or notarized copy of utility bill / bank statement dated within 3 months as verification of residential address.
    • Original or notarized copy of Banker's reference letter, dated within 3 months
    • Power of Attorney (where applicable)
    • Personal CV

    For each corporate officer (where the company directors or shareholders are legal entities), please provide:
    A set of legalized company documents consisting of:
    • Copy of constitutional documents (Certificate of Incorporation, Articles, etc.).
    • Copy of Corporate Register (which shall include Register of Shareholders, Directors and Secretary).
    • Copy of the Corporate Structure.
    • Certificate of Good Standing.

    Documents that are not in English must be accompanied by a certified translation.
    IMPORTANT NOTE: LICENSABLE BUSINESS ACTIVITIES

    If you conduct any activity without required license or authorization granted by a relevant authority in any jurisdiction, STARTING BUSINESS will not be able to assist you with the company formation or bank account opening related to such unlicensed activity.

    Licensable activities include, but not limited to: provision of financial services involving trading/brokerage in foreign exchange, financial and commodity-based derivative instruments and other securities; offering investment advice to public; insurance and banking business; operation and administration of collective investment schemes and mutual funds; payment processing services; money exchange, money transmission or money brokering; asset management; safe custody services; gaming, gambling and lotteries.

    Please contact us if you need our assistance in licensing of your financial, Forex brokerage or gambling company.
    SHIPPING COST
    Shipping of corporate documents or banking kits to your destination requires an extra charge and will be automatically added to the invoice during checkout. Shipping costs for international courier services are set automatically and will be USD 130. Please be advised that there will be some exceptions where the fee might be higher.

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