General partnershipMarshall Islands
What it takes to form, own and run a general partnership in Marshall Islands, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
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Partners are jointly and severally liable for the obligations of the partnership, and their personal assets may be at risk.
The registry’s and the law’s own pages do not mention it.
Form it
Who registers it
- Registry
- Formed without visiting
- Not stated
The registry’s and the law’s own pages do not mention it.
- Formed online
- Not stated
The registry’s and the law’s own pages do not mention it.
What it takes to form
- A notary
- Not required
- A resident director
- Does not apply
- Paying up the capital
- Not in our records
Own it
Who may own and run it
- Directors
- Does not apply
- Shareholders
- At least 2 · a company may be one
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association of two (2) or more persons formed under
- Members
- At least 2
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association of two (2) or more persons formed under
- A local company secretary
- Does not apply
- A local registered agent
- Required
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shall be The Trust Company of the Marshall Islands, Inc.
Each year, at the registry
- Annual registry fee
- Not stated
The registry’s and the law’s own pages do not mention it.
- Accounts on the public record
- No
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Simple maintenance: no annual filings, no notarization, facsimile filings
- Audit for a small company
- Not stated
The registry’s and the law’s own pages do not mention it.
- Audit
- Not in our records
Important dates
When each obligation falls due, as the authority states it.
Not in our records No dates for the General partnership are in our records.
What is public
- Shareholders
- Not recorded
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The Certificate may be very general in nature, but must include the name of the partnership, the contact information of the registered agent, and a statement that the partnership will file a Certificate of Dissolution
- Beneficial owners
- To the authorities only
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The Certificate may be very general in nature, but must include the name of the partnership, the contact information of the registered agent, and a statement that the partnership will file a Certificate of Dissolution
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
No tax on profit · 0%
A non-resident partnership is exempt from corporate tax, income tax and withholding tax on the entity's revenues (Revised Partnership Act, exemption for non-resident entities).
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hereinafter enacted, a non-resident partnership, and
- CFC rules in Marshall Islands
- Not in our records
Close it
Closing it
The other end, which most guides leave out.
Not in our records Route, Statutory fee: none of these is in our records for the General partnership.
Every business in Marshall Islands
VAT
- Standard rate
- Not in our recordsThe tax authority’s pages have not been read for Marshall Islands.
Payment and banking services
1 service names Marshall Islands on its own list: Airwallex. Each provider, and what a listing means.
Reference
Its name and code
- Kind
- General partnershipDerived our grouping, the same words in every country
- Name in law
- General partnership
- ISO 20275 code
- UW1CSecondary GLEIF, Entity Legal Forms code list