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Marshall Islands

Michalaki, Pitsillidou Law Firm > Marshall Islands

 

Image result for MARSHALL ISLANDS flag

 

 

Marshall Islands

The Marshall Islands are based on the United States’ corporate law, and they comprise exclusive provisions, which enable the use of British-style corporate management.

The Marshall Islands is a zero-tax jurisdiction that statutorily absolve non-resident domestic corporations from taxation and assets. Entity formation is simple and corporate documents can be issued in one day. No requirements for submitting any monetary statements have being claimed and in this way, it secures an increased level of confidentiality.

 

Incorporation Services:

Formation of Limited Liability Company in Marshall Islands:

Package includes:

  • Name approval and registration
  • Company Incorporation
  • Payment of Government License Fees
  • Registered office address and local agent
  • Rubber stamp
  • Appointment of company Secretary

 

Package includes the following set of corporate documents:

  • Memorandum and Articles of Association
  • Certificate of Incorporation
  • Directors’ Consent
  • Share Certificate
  • Company Corporate Register

 

Nominee Services:

– Nominee Directors:

The appointment of nominee directors has to do with people who will be managing the company, considering any kind of business.

 

– Nominee Shareholders:

Nominee Shareholders will be holding the Company’s shared documents for the avail of the clients.

 

Additional Services:

-General Power of Attorney:

It is issued by the administrator for the benefit of the clients and it is valid for 12 months.

A General Power of Attorney grants the client with broad powers, represents and acts for the Company before third parties, institutions and authorities.

 

-Special Power of Attorney:

It is emerged by the director for the benefit of the clients, which is valid for 12 months.

A Special Power of Attorney, also known as Limited Power of Attorney, grants the client with particular authority to represent and act the Company for particular matter. For instance, it is useful for the opening of a bank account.

 

 

 

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