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Marshall Islands non-resident domestic corporation: sourced answers

1 answer to specific questions — each with a verbatim quote from an official source and a link to it.

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Legal form in a country

Which statute (act) establishes the legal form

Associations Law, Business Corporations Act

«The November 2018 amendments to the RMI Associations Law specified that every non-resident domestic corporation, partnership, limited partnership, or limited liability company that carries out activities without the RMI which would be regulated under the RMI Banking Act 1987 or regulations promulgated thereunder if carried out within the RMI shall be regulated by the relevant authorities in the jurisdictions in which the corporation, partnership, limited partnership, or limited liability company carries out these activities and shall comply with the laws, regulations, and licensing requirements of such jurisdictions. The November 2018 amendments further amended the Business Corporation Act to clarify the meaning of “majority” and the procedure for amendment, and to expressly grant to the Registrar the power to promulgate rules and regulations implementing economic substance requirements for non-resident domestic corporations, partnerships, limited partnerships, and limited liability companies and provide for reporting requirements and other enforcement mechanisms related thereto. …»

Source: wpsso.register-iri.com · source copy as of 2026-10-03

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