WeForm Online

Marshall Islands Company Formation

Quick. Simple. Complete. 100% Online.

Incorporate in 24-48 hours. We provide everything you need to get your Marshall Islands corporation up and running with WeForm, from incorporation to payment account application support.

Starting from $900

For non-residents only.

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Every plan includes incorporation, bank introduction and a complete digital toolkit to run your business.

Fixed price, no hidden fees.
$900
Standard Plan
For non-residents only.
Renewal: $840 / year
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What's included in this package:

  • Name check & reservation with the RMI Corporate Registry (IRI)
  • Articles of Incorporation & Corporate Bylaws
  • Incorporation filing with the RMI Corporate Registry
  • Certificate of Incorporation
  • Two certified copies of Articles of Incorporation
  • Share certificates (up to 3 included) & statutory registers
  • Private Register of Beneficial Owners (Registered Agent model)
  • Registered Office in the Marshall Islands (12 months)
  • Registered Agent service (12 months)
  • Annual government & registry maintenance fee (1 Year)
  • Payment account opening assistance to one of our support financial institutions
  • Digital corporate toolkit included in your dashboard with WeFormSign, WeFormInvoice and WeForm AI Co-Pilot

See how we compare

Compare first-year costs and what each package includes.

With WeForm, $900 covers Marshall Islands company formation, the IRI government license fee, registered agent and office for 12 months, payment account assistance, WeForm Sign and WeForm Invoice.

Swipe to see every provider

Cost breakdownWeForm OnlineHealy ConsultantsPriFinanceGSL Law & ConsultingBBCIncorpFlag Theory
Base formation & legal drafting$900$1,550$2,100$2,300$1,299$2,150
Mandatory IRI government license feeIncluded$750 valueIncludedIncludedIncludedIncludedIncluded
Registered agent & office · Year 1Included+$1,200IncludedIncludedIncludedIncluded
Payment account / bank introduction assistanceIncluded+$5,950+$1,600+$2,115Optimum+$400+$300-​$1,400
Mandatory compliance & legal surcharges$0+$4,820$0+$385$0$0
First-year direct cash outlay (invoice from CSP)$900$13,520$3,700$2,300-​$4,415$1,699$2,150-​$3,550
E-signature toolIncludedWeForm SignNot offered≈ $180 / yrNot offered≈ $180 / yrNot offered≈ $180 / yrNot offered≈ $180 / yrNot offered≈ $180 / yr
Invoicing engineIncludedWeForm InvoiceNot offered≈ $240 / yrNot offered≈ $240 / yrNot offered≈ $240 / yrNot offered≈ $240 / yrNot offered≈ $240 / yr
True first-year cost to founder$900$13,940$4,120$2,720-​$4,835$2,119$2,570-​$3,970
Year 2 anniversary renewal cost$840$660 maint + $180 ESR$2,500-​$3,000+$1,300High base + $385$1,099$1,050
You save by forming with WeForm Online · Year 1-$13,040$3,220$1,820-​$3,935$1,219$1,670-​$3,070

All figures in USD. Prices and inclusions vary by provider and package. Payment account approval is subject to the provider's checks.

Third-party software costs are estimates, not provider fees: about $180/year for e-signature and $240/year for invoicing.

Illustrative comparison based on supplied figures. Provider pricing requires verification.

The price is valid as of October 2026.

Benefits of creating a company in the Marshall Islands

The Marshall Islands is a premier international corporate jurisdiction with 0% corporate taxation on foreign income.

Widely recognized for international business, shipping, and cross-border trade, the Marshall Islands offers total privacy, flexible Delaware-modelled corporate law, and zero foreign exchange restrictions.

International Jurisdiction

A recognised jurisdiction for international business, shipping, and cross-border corporate structures.

Flexible Corporate Structure

Companies can be structured to suit a variety of international business activities, requiring just one director, shareholder, and secretary (can be the same individual).

International Reputation

Particularly well known for its maritime and shipping sector, with an established international corporate infrastructure and Delaware-modelled legal predictability.

Efficient Incorporation

The incorporation process can be completed in as little as 24-48 hours once all required information and KYC documentation are provided.

Professional Corporate Services

Complete access to registered offices, corporate administration, certificates, and document services.

International Business Focus

100% foreign ownership permitted. Ideal for businesses operating across borders without requiring a local physical presence.

FAQs

Incorporation

What is the process for registering a company in the Marshall Islands?
The process is simple and straightforward. Choose the package that best suits your needs, complete the application form, and upload the required documents. Once you have completed the ID verification and submitted your application. We will take care of the rest.
Can a foreigner own 100% of a Marshall Islands company?
Yes! You can have 100% foreign ownership with a Marshall Islands corporation. There are no nationality or local residency requirements for shareholders or directors.
How many directors and shareholders are required?
A Marshall Islands corporation requires a minimum of one director, one shareholder, and one secretary. The same individual or legal entity may act as director, shareholder, and secretary simultaneously.
What documents do I need to provide to incorporate a company in the Marshall Islands?
To incorporate a Marshall Islands company, you need to provide: Valid passport for each director, shareholder, secretary, and beneficial owner Proof of residential address, such as a recent utility bill or bank statement, not older than 3 months.
How do I renew and maintain a Marshall Islands company?
Renewing your Marshall Islands company is simple. Your annual renewal fee is due on the anniversary of your incorporation date, and we will send you an invoice one month in advance to ensure your company stays compliant and in good standing. Our team handles the entire annual renewal process, registered agent maintenance, and annual compliance reporting to keep your business fully compliant.
What corporate services are available after incorporation?
In addition to company formation, WeForm provides ongoing corporate administration, Certificates of Good Standing and Incumbency, certified copies of corporate documents, and assistance with business payment account applications.

Taxation

Does the Marshall Islands impose taxes on offshore companies?
A Marshall Islands corporation benefits from full exemptions from corporate income tax, capital gains tax, and withholding tax on dividends, interest, and royalties on qualifying income earned outside the country, making it an attractive and cost-effective option for international business.
Are there foreign exchange restrictions for Marshall Islands companies?
No. The Marshall Islands uses the US Dollar (USD) as its official currency and has no foreign exchange controls. Your company can freely move funds, accept payments, and hold accounts in any currency without local restrictions.

Annual Compliance

Does a Marshall Islands corporation need to file an annual return or public accounts?
No. A Marshall Islands corporation is not required to file an annual tax return or publicly file financial statements. However, to remain compliant, the company must maintain proper accounting records and submit the required annual Economic Substance Regulations (ESR) compliance declaration through We Form Online.
Can a Marshall Islands corporation become non-compliant?
Yes. Failure to meet applicable annual government fees, filing, record-keeping, or registered agent requirements can result in penalties or affect the company's good standing. Our platform ensures that your company stays compliant at every moment.
What happens if annual fees are not paid on time?
Late payment will result in statutory registry penalties and, depending on the circumstances, the company may eventually be annulled or struck off the register. Prompt action is recommended if a company has missed a renewal deadline.

Banking

Can I open a business payment account for my Marshall Islands company?
Yes. A Marshall Islands company can apply for a business payment account with eligible financial institutions. We Form Online works closely with reputable financial institutions and EMIs that allow remote account opening for Marshall Islands corporations and will assist you throughout the application process. Important to know that the final payment account approval is at the sole discretion of the financial institution and depends on their KYC, AML, compliance, and risk assessment procedures.
How long does it take to open a business account?
Timeframes vary by institution and the complexity of the application. Usually We Form Online clients open a payment account within one to two weeks following company incorporation and document delivery.
Can my Marshall Islands company send and receive international payments?
Yes. Once your payment account has been approved, a Marshall Islands company can generally send and receive international payments across global currencies, subject to the terms of the financial institution and applicable regulations.
Will my business activity affect account approval?
Yes. Each application is individual. Factors such as your industry, countries of operation, ownership structure, transaction volumes, customer profile, and compliance history all influence the approval process.
Do you provide bank account and payment account application support?
Yes, every company incorporated with us receives a free account introduction to one of We Form Online's vetted financial institutions. We assist with preparing your application, reviewing documentation, coordinating with the financial institution, and supporting you throughout the onboarding process. Final approval always rests with the bank or payment institution.
What documents are required to open a business account?
Most financial institutions will request: Certificate of Incorporation Articles of Incorporation and Corporate Bylaws Certificate of Incumbency and Good Standing Shareholder and director identification and proof of address Beneficial ownership details Business description and website Information about expected transaction volumes and source of funds Additional documents may be required depending on the institution and business activity.
How it works

We make it easy to set up your company in the Marshall Islands

  1. 1

    Choose a plan

    Pick your plan and service add-ons with no hidden fees.

  2. 2

    Fill out a quick form

    Provide your company details.

  3. 3

    Verify your identity

    Fast online KYC. We collect director & shareholder details in a guided flow.

  4. 4

    Let our process handle the rest

    We file with the registry and deliver your corporate documents directly to your dashboard.

Get Started

Included in every plan:

  • Registered office for your business
  • Payment account introductions with application assistance and preparation
  • Compliance calendar & renewal reminders
  • AI Co-Pilot for 24/7 support
  • WeFormSign: Legally-binding e-signature for multiple signers
  • WeFormInvoice: Your company's branded invoices with reports included

One platform. Everything you need to get your company working.

WeForm guides you through every step from Marshall Islands company formation through ongoing administration and renewal.

Choose your plan