Learn about Marshall Island Incorporation – provided and presented by Rikvin, Singapore’s leading company registration firm and business solutions specialist.
1. Rikvin Offers Marshall Islands Registration Services
Marshall Islands Incorporation is one of the offshore company services made
available by Rikvin, a leading Singapore professional incorporation firm. In order to
provide a clear understanding on this kind of incorporation, Rikvin made its way to
present the common procedure of Marshall Island Incorporation.
An overview of the Marshall Islands started the brief presentation. “Marshall Island
is part of the Micronesian Islands located in the Pacific Ocean. It has an estimated
population of 62,000 and it is considered as one of the fastest IBC registrars in the
world with the Marshall Islands Companies and Maritime Registry being the 5th
busiest in the world,” Rikvin said.
Marshall Islands tends to embrace the modern business concept by offering limited
liability companies in addition to the existing conventional business corporations,
limited partnerships and conventional partnerships. Rikvin thus making it listed in
their complete corporate solution recognized this willingness and daring effort of
Marshall Islands.
Also on top of the presentation, Rikvin emphasized how Marshall Islands Corporate
Law directs the Marshall Island Incorporation.
“Marshall Islands Corporate Law was patterned on the corporate laws of the states
of Delaware and New York. Corporations are organized either in the US style with a
president, secretary and treasurer or in the UK style with a managing director and
corporate secretary.” Rikvin added.
After a brief overview, Rikvin then proceed by highlighting the common procedure in
Marshall Island Incorporation. The first step presented was choosing a corporate
name. It was emphasized how to choose a unique and desirable name which will
also trigger name recall for its target market. Two alternatives names are needed in
case the first selection is not available.
Choosing directors was the next step discussed. Rikvin said, “There is no minimum
number of directors for Marshall Island Incorporation. The corporation can either
have only one director and one shareholder or it can specify more directors.”
Share structure was also presented. Shares may be apportioned either in registered
or bearer form, or a combination of both. Shares may either be of par value or no
par value. A standard formation is 500 registered and/or bearer shares without par
value or up to US$50,000 worth of par value stock.
Selecting business activity under the rule of the incorporator was the last step
presented by Rikvin. The incorporator may choose to elect directors, appoint officers
or take on by laws without having additional cost.
About the Publisher:
2. Rikvin has successfully provided foreign and local entrepreneurs assistance to form a
Singapore company. The firm provides a full spectrum of corporate services under
one roof for Singapore company registration, accounting, tax, work pass and related
compliance services for individuals and companies worldwide.
Our office is located at Raffles Place, in the heart of the Singapore business district.
("CBD") If you are in our neighborhood and want to discuss any aspect of our service
then feel free to come in to our offices during business hours. Appointments are
welcome but definitely not necessary.
Rikvin PTE LTD
20 Cecil Street, #14-01, Equity Plaza, Singapore 049705
Main Lines: (65) 6438 8887
Fax (65) 6438 2436
http://www.rikvin.com