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Registered Agent in the Marshall Islands

Meet the local Marshall Islands requirements by appointing a valid and professional registered agent for your offshore company in the Marshall Islands.

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You'll Stay Compliant Always

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Enjoy Local Expertise Remotely

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Ease in Ongoing Management

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Registered Agent in the Marshall Islands

Registered Agent Service

Remote

Remote

Meet Marshallese requirements remotely from worldwide.

Expertise

Expertise

Be stress-free and covered in a dynamic landscape.

Compliance

Compliance

Comply with any of the ongoing regulatory needs.

Affordable

Affordable

Premium registered agent service at very low cost.

Who is a registered agent in the Marshall Islands?

A registered agent is an intermediary between the company and the Marshall Islands government's company registry. The agent is required to be situated in the Marshall Islands, have an official license to act as an agent and be the company's one-stop expert for any administrative changes.

  • Appointing a registered agent for your offshore company in the Marshall Islands is a crucial legal requirement laid down by the Marshall Islands government.

  • The registered agent is responsible for keeping records current and accessible for review by your company's directors, shareholders, and the Marshallese authorities

  • The registered agent is responsible for informing the Marshall Islands registry of any amendments to the organisation's official documents and structure.

Advantages

Benefits of appointing a registered agent?

Find out the benefits and reasons to appoint a registered agent for your Marshall Islands company

It is mandatory

It is Mandatory

The Marshall Islands offshore jurisdiction mandates that you appoint a local registered agent when you are incorporating your company. Hence, it is a legal requirement that you must meet and abide by.

Annual compliance

Annual Compliance

Whether you are filing annual forms and returns or renewing your company annually to keep your business setup in good standing, a registered agent will accompany you on-time through the complexities.

Regulatory Changes

Regulatory Changes

A registered agent will not let you experience the stress and heat of unexpected legal changes. The business landscape might seem dynamic but a registered agent will help you cope with it with efficiency.

Act as a middleman

Act as a Middleman

By acting as a bridge or a middleman, a registered agent will connect you and the government or authorities. All important and official communication will happen through the agent, who will solve any complexities.

Valuable expertise

Valuable Expertise

Take advantage of the valuable experience of the registered agent in areas such as bank account opening, structural alterations, ease of compliance, etc. A registered agent can act as your guide and well-wisher.

Ongoing management

Ongoing Management

Whether you are looking to change your company name, authorized share capital, add directors, etc., a registered agent will ensure such change requests are handled appropriately with the authorities for you in time.

Document Registers

Document Registers

Important registers of directors, shareholders, and UBOs, all the way up to maintaining local active repositories of financial statements and documents as required by law, become streamlined with a registered agent.

Peace of mind

Peace of Mind

You can focus on building your business while a registered agent navigates through hurdles and ensures your efforts and business are efficient and effective. You will not feel lost during your offshore company journey.

RESPONSIBILITIES

Duties of a registered agent

Learn the duties and responsibilities of a registered agent for your Marshallese offshore company

Act as a middleman

Legal Compliance

Ensuring the company complies with all relevant laws and regulations of the Marshall Islands, including filing annual returns and maintaining corporate records.
Act as a middleman

Registered Office

Providing a registered office address within the Marshall Islands where legal documents and official correspondence can be served as mandated by the law.
Act as a middleman

Service of Process

Receiving legal documents, such as court summons, lawsuits, and government notices, on behalf of the company is taken care of without your presence.
Act as a middleman

Forwarding Documents

We forward received documents to your company's directors or officers along with a suggested course of action to ensure timely response and action.
Act as a middleman

Maintaining Records

Keeping accurate and up-to-date records of the company's directors, officers, shareholders, and ultimate beneficial owners (UBOs) as mandated by the law.
Act as a middleman

Communication

Serving as the primary point of contact between the company and government authorities, legal entities, and other stakeholders by acting as a bridge.
Act as a middleman

Due Diligence

Conducting due diligence on behalf of the company, including verifying the identity of beneficial owners and ensuring compliance with anti-money laundering (AML) laws.
Act as a middleman

Assistance with Filings

Assisting the company with the preparation and filing of necessary documents, such as annual returns and changes to corporate structure for the Marshallese company.
Act as a middleman

Renewal of Licenses

Ensuring the company's licenses and registrations are renewed on time to maintain legal status and compliance with regulatory requirements.
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FAQ

Frequently Asked Questions

Find answers to frequently asked questions on appointing a registered agent for Marshall Islands offshore company formation and ongoing management

What is a Registered Agent in the Marshall Islands, and Why Do I Need One?

A registered agent in the Marshall Islands acts as your company's local representative. This appointed agent, either an individual or a company, is responsible for receiving official documents, legal notices, and correspondence from the Marshall Islands Registrar of Corporations (ROC) on your behalf.

The Marshall Islands Business Corporations Act (MBCA)  mandates that all Marshall Islands International Business Companies (IBCs) have a registered agent. This requirement ensures your company maintains a physical presence in the jurisdiction, as stipulated by Section 110 of the MBCA. This allows local authorities to effectively serve legal documents or reach out for any official communication.

Does the registered agent need a physical office in the Marshall Islands, or can it be a virtual service?

The Marshall Islands, unlike some other jurisdictions, strictly require a registered agent to have a physical office within the country. This ensures they can efficiently receive and manage official documents and communications for your company, as mandated by Section 110 of the MBCA.

However, many registered agent service providers offer remote management solutions. This allows you to incorporate your company and maintain compliance entirely online, while fulfilling the physical presence requirement through the agent's local address.  These providers ensure they have a physical presence within the Marshall Islands to receive documents on your behalf.

Is my company's information with the registered agent confidential?

Absolutely! The Marshall Islands have robust data protection laws. The Marshall Islands has taken steps to implement data protection frameworks. While there isn't a single comprehensive data protection act like the UK's DPA, confidentiality obligations are outlined in various regulations. These include:
‍The Business Corporations Act (MBCA): Section 134 of the MBCA places a duty of confidentiality on registered agents in relation to client information.
‍Anti-Money Laundering (AML) Regulations: These regulations require registered agents to conduct customer due diligence (CDD) and implement measures to prevent money laundering and terrorist financing. This includes protecting client information.

What Happens if My Registered Agent Ceases Operations or Can't Perform Duties?

The Marshall Islands Companies Act (MBCA) mandates that IBCs maintain a registered agent at all times, as stipulated by Section 134. Failing to do so can result in penalties or even the de-registration of your company, as outlined in Section 142 of the MBCA.

It's crucial to appoint a reliable registered agent. In the unfortunate event your agent resigns or becomes unable to fulfill their duties, you must promptly appoint a replacement to avoid any disruptions in communication or legal compliance.

How much does it cost to appoint a registered agent in the Marshall Islands to form an offshore company?

Say good-bye to the days when it used to cost around $10,000 to hire a local registered agent in the Marshall Islands. Thanks to Vepapu's efforts and transparency, you will get your Marshallese company incorporated, appoint a registered agent, and add a local registered address for just around $4,000.

Can I be my own registered agent, or do I need a third-party service in the Marshall Islands?

No, Marshall Islands law prohibits IBCs from appointing themselves as their own registered agents. The agent must be a third-party entity with a physical presence in the Marshall Islands and authorized to receive legal documents on your company's behalf, as mandated by the MBCA. This ensures a level of professionalism and reliability that may not be achievable if the company were to act as its own agent. Additionally, a local registered agent possesses a deep understanding of the Marshall Islands legal and regulatory environment, which can be invaluable in ensuring your company remains compliant and avoids any unintentional legal issues.

Can I change my company's registered agent in the Marshall Islands?

Yes, changing your registered agent is possible. The process involves filing a Notice of Change of Registered Agent form with the Marshall Islands Registrar of Corporations (ROC). The new agent must consent to the appointment, and your company's directors or officers must approve the change. Remember to notify relevant parties like banks and government authorities to ensure smooth service continuation.

Do registered agents help with ownership or management transfers?

While the primary responsibility of a registered agent lies in administrative and compliance matters, some agents might offer additional services to assist with ownership or management transfers in your Marshall Islands IBC. This could involve facilitating the execution of legal documents like stock transfer certificates or share purchase agreements, updating company records with the ROC to reflect the changes, and liaising with stakeholders like shareholders and directors for a seamless transition process.

What happens if my company fails to maintain a registered agent in the Marshall Islands?

Not maintaining a registered agent in the Marshall Islands is a severe breach of compliance. It can lead to penalties, hefty fines as outlined in Section 232 of the MBCA, or even the deregistration of your company as a last resort, as stipulated by Section 142 of the MBCA. The lack of a registered agent also means your company wouldn't receive legal notices, potentially leading to legal proceedings without your knowledge, which could significantly impact your company's legal standing.

How does Vepapu's registered agent service ensure the privacy and security of my company's information in the Marshall Islands?

Vepapu is a reputable registered agent service provider in the Marshall Islands, prioritizes data security, and implements robust protocols to safeguard your company's information. We have strict confidentiality measures in place, and our expert team handles all sensitive documents and communications with the utmost professionalism. Your data is safeguarded and accessible only to authorized personnel.

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