Limited Liability Company LLCMarshall Islands
What it takes to form, own and run a private limited company 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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Like shareholders in a corporation, the members are protected from personal liability in excess of their capital investment.
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because either an individual or an entity may be a member
The registry’s and the law’s own pages do not mention it.
The registry’s and the law’s own pages do not mention it.
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shall be exempt from all forms of taxation as provided in
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 1 · a company may be one
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because either an individual or an entity may be a member
- Members
- At least 1 · one person may form it alone
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Islands and having one (1) or more members.
- A local company secretary
- Does not apply
- A local registered agent
- Required
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of business in the Marshall Islands shall be The Trust
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 LLC are in our records.
What is public
- Directors
- Not recorded
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Disclosure of the LLC Operating Agreement, or the names of the members or managers, is not mandatory but may be voluntarily filed or recorded.
- Shareholders
- Not recorded
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Disclosure of the LLC Operating Agreement, or the names of the members or managers, is not mandatory but may be voluntarily filed or recorded.
- Beneficial owners
- To the authorities only
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Disclosure of the LLC Operating Agreement, or the names of the members or managers, is not mandatory but may be voluntarily filed or recorded.
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
No tax on profit · 0%
Non-resident domestic limited liability companies are exempt from all forms of taxation as provided in section 12 of the Business Corporations Act (LLC Act s.70(3)).
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shall be exempt from all forms of taxation as provided in
Work it out on a profit figure: the company’s tax, the owner’s, and what is left.
- 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 LLC.
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
- Private limited companyDerived our grouping, the same words in every country
- Name in law
- Limited Liability Company (LLC)
- ISO 20275 code
- EZL8Secondary GLEIF, Entity Legal Forms code list