Marshall Islands

The Marshall Islands, officially the Republic of the Marshall Islands is an island country located in the northern Pacific Ocean. Geographically, the country is part of the larger island group of Micronesia individual islands and islets. The islands share maritime boundaries with the Federated States of Micronesia to the west, Wake Island to the north, Kiribati to the south-east, and Nauru to the south. The most populous atoll is Majuro, which also acts as the capital.

Politically, the Marshall Islands is a presidential republic in free association with the United States, with the US providing defense, funding grants, and access to social services. Having few natural resources, the islands' wealth is based on a service economy, as well as some fishing and agriculture, with a large percentage of the islands' gross domestic product coming from United States aid. The country uses the United States dollar as its currency. The majority of citizens of the Marshall Islands are of Marshallese descent, with small numbers of immigrants from the Philippines and other Pacific islands.

All Companies registered in the Marshall Islands must have a registered office provided by a licensed service provider. A minimum of one shareholder, one director and one corporate secretary are required and corporate members are permitted to hold these positions.

The Registers of Directors, Officers and Charges must be kept at the Registered Office. A copy of the Register of Directors and Officers must be filed with the Registrar of Companies but is not available for public inspection.

The object of the company is to engage in any activity or business that is not prohibited under any law. The company should not carry out any business with companies or individuals resident in Marshall Islands.