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Marshall Islands: Types of Company

Foreign Maritime Entity

Non-Marshall Islands entities may apply for registration as a foreign maritime entity under the provisions of section 119 of the Marshall Islands Business Corporations Act for the purpose of owning and operating vessels under the Marshall Islands Flag. The following information must be included in the application:

  • The name of the entity;
  • The legal character or nature of the entity;
  • The jurisdiction and date of its creation;
  • A statement that the entity has the power to own or operate a vessel;
  • A statement that the entity has the capacity to sue and be sued in its own name;
  • The address of the principal place of business of the entity and, if such place is not in the jurisdiction of the creation of the entity, either the address of its place of business or the name and address of its lawful fiduciary or legal representative within the jurisdiction of the creation of the entity;
  • The full name(s) and address(es) of the person(s) vested under law with management of the entity at the time of the application;
  • The name and address within the Republic of the entity's Registered Agent and a statement that the Registered Agent is to be its agent upon whom process against it may be served; and
  • The title(s), or if other than an officer of the entity, the basis of the authority of the person(s) executing the document.

Each application must be accompanied by the following documentation:

  • A certified copy of the articles, charter or other document upon which existence of the entity is based, issued by the appropriate governmental agency, and any relevant amendments thereto; and
  • Evidence of the entity's current existence either by a government document (e.g., Certificate of Good Standing) or if government certificate is not possible, by certification of an attorney of the jurisdiction that in his/her knowledge the entity has a current legal existence.

    Note: All documents in a foreign language must be translated into English and certified by a qualified translator.

The application should be prepared with one original, signed and acknowledged copy and two duplicate copies. Photocopies are acceptable as duplicate copies provided the signatures are legible. Applications shall be executed by signing above the printed name and title of the signatory.

Applications may be acknowledged either before a notary public or by the person signing the instrument under penalty of perjury pursuant to section 5 of the Business Corporations Act.

 

 

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