Marshall Islands
Marshall Islands: 4 company types, its taxes, banking and business environment.
Forming a company
Company types in the Marshall Islands
The 4 forms a founder can choose here, each with its own figures. Open one for its sources.
Doing business here
Business accounts
Providers whose own published list of countries names Marshall Islands. A listing means a company formed here may apply, not that it will be accepted.
Not in our records No provider's country list has been read for Marshall Islands.
EU listings
Two lists a bank checks when it opens an account for a company or its owner.
- EU high-risk third countries (AML)
- Not listed
- EU non-cooperative jurisdictions for tax purposes
- Not listedOfficial EUR-Lex, 52026XG01465, Annex I as of 2026-02-17
Official sites
The authorities’ own sites for Marshall Islands: where to register, file and check.
Blocs and agreements
The trade arrangements Marshall Islands belongs to, as each arrangement’s own texts state them: since when, and what each covers. What a membership means for a business is for you to judge.
None of the 36 arrangements we hold lists Marshall Islands as a member.
Regional and customs arrangements only, 36 of them; bilateral trade agreements are not yet in our records.
Tax
Company tax
Tax, and what the company owes the registry each year.
- Corporate income tax
- 0%Official rmiparliament.org as of 2026-10-15 · the rate for the International Business Corporation (IBC)
Quote
shall be exempt from any corporate tax, net income tax on unincorporated businesses, corporate profit tax, income tax, withholding tax on revenues of the entity
- Distributions
- Not in our records
- Audit
- Not in our records
- Small-company relief
- Not in our records
- Annual obligations
- Not in our records
- Annual registry fee
- Not in our records
VAT
The tax on what the company sells in Marshall Islands, and when it must register, as the tax authority states it.
- Standard rate
- Not in our recordsThe tax authority’s pages have not been read for Marshall Islands.
Tax calendar
When the main returns and payments fall due in Marshall Islands, tax year 2026, as the tax authority states it.
- Corporate tax return
- Not in our records
mof.gov.mh inaccessible when checked
- Corporate tax, final payment
- Not in our records
mof.gov.mh inaccessible when checked
- Corporate tax, instalments
- Not in our records
mof.gov.mh inaccessible when checked
- Personal income-tax return
- Not in our records
mof.gov.mh inaccessible when checked
- Personal income tax, final payment
- Not in our records
mof.gov.mh inaccessible when checked
- Personal income tax, instalments
- Not in our records
mof.gov.mh inaccessible when checked
- VAT return
- Not in our records
mof.gov.mh inaccessible when checked
- Payroll withholding
- Not in our records
mof.gov.mh inaccessible when checked
Running the company
Running a company here
Not in our records The authorities’ pages on running a company have not been read for Marshall Islands yet.
Economy and trade
What it exports
Goods Marshall Islands exported, by product, as a share of its goods exports each year. Exports include goods passing through for re-export. A share describes Marshall Islands’s own trade; it does not compare places.
| Product (HS heading) | 2022 | 2023 | 2024 | Value, 2024 |
|---|---|---|---|---|
| Cruise ships, excursion boats, ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods HS 8901 | 60.5% | 43.6% | 62.4% | US$666 m |
| Yachts and other vessels for pleasure or sports; rowing boats and canoes HS 8903 | 7.9% | 22.5% | 12.4% | US$133 m |
| Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils HS 2710 | 7.8% | 10.1% | 9.9% | US$106 m |
| Fish, frozen, excluding fish fillets and other fish meat of heading 0304 HS 0303 | 5.1% | 3.3% | 7.1% | US$76 m |
| Light-vessels, fire-floats, dredgers, floating cranes, and other vessels the navigability of which is subsidiary to their main function; floating docks; floating or submersible drilling or production platforms HS 8905 | 14.1% | 15.4% | 3.3% | US$36 m |
| Fish, fresh or chilled, excluding fish fillets and other fish meat of heading 0304 HS 0302 | 0.86% | 0.90% | 1.0% | US$11 m |
| Fish fillets and other fish meat (whether or not minced), fresh, chilled or frozen HS 0304 | 0.29% | 0.58% | 0.84% | US$9 m |
| Machinery for sorting, screening, separating, washing, crushing, grinding, mixing or kneading earth, stone, ores or other mineral substances, in solid (including powder or paste) form; machinery for agglomerating, shaping or moulding solid mineral fuels, ceramic paste, unhardened cements, plastering materials or other mineral products in powder or paste form; machines for forming foundry moulds of sand HS 8474 | under 0.05% | 0.38% | 0.57% | US$6 m |
| Tugs and pusher craft HS 8904 | 0.34% | 0.63% | 0.53% | US$6 m |
| Builders' joinery and carpentry of wood, including cellular wood panels, assembled flooring panels, shingles and shakes HS 4418 | 0.43% | 0.25% | 0.21% | US$2 m |
Total goods exports, 2024: US$1.1 bn. The ten largest headings are shown.