The Marshall Islands are a sprawling chain of volcanic islands and coral atolls in the central Pacific Ocean, between Hawaii and the Philippines. In the northwest, Bikini Atoll’s largely undisturbed waters, used as a ship graveyard after World War II, are now a popular wreck dive site. Near Majuro Atoll, which holds the islands' capital and largest settlement, the coral reef at Kalalin Pass teems with marine life.
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The Republic of the Marshall Islands are a sprawling chain of volcanic islands and coral atolls in the central Pacific Ocean, between Hawaii and the Philippines, comprised of more than 1,200 islands. Under the constitution adopted in 1979, the government consists of a President elected by a 33 Member parliament known as the Nitijela.
Main sources of revenue are substantial U.S. subsidies, the U.S. having a missile testing range at Kwajalein. Both Majuro, the capital, and Kwajalein are the urban centres with the outer islands being mostly dependent on subsistence farming and fishing.
It is now regarded as a highly confidential offshore jurisdiction and a Marshall Islands Incorporation can be quickly registered. Marshall Islands Company Formations still permit Bearer Shares which add considerably to the degree of confidentiality available with Marshall Islands Companies.
The Marshall Islands attained independence as a sovereign nation in 1896. This independent status was achieved under a Compact of Free Association Agreement with the United States of America, meaning the US Dollar is the local currency of the country and English is widely spoken.
As an independent state, the Marshall Islands has full control over its democratic processes. The legal foundation for the Marshall Islands is derived from Delaware State Law which is itself very versatile and favourable for businesses making it a sensible choice for those wishing to register an Offshore Company. It also holds one of the largest Ship Registers making it the perfect location for companies wanting to own and manage sea going vessels or simply to have a vessel registered there.
Requirements for a Marshall Islands International Business Company - IBC
A Marshall Islands Company Set up including Company Registration will be subject to the following criteria which will apply: