Marshall Islands

Tax residency in Marshall Islands is generally triggered by physical presence exceeding 183 days in a calendar year. Foreign income treatment: exempt. No statutory CFC rules apply, which can facilitate the use of foreign holding structures without automatic income attribution.

Zero-tax jurisdiction. Major ship registry. IBCs widely used. Non-resident entities pay no tax on offshore income. EU blacklisted. Severe banking restrictions — correspondent banks refuse RMI entities.

The standard corporate income tax rate is 0%. The administrative process is considered straightforward, with minimal bureaucratic friction.

Account opening in Marshall Islands can be challenging for foreign nationals or non-resident businesses, and enhanced due diligence is common practice. Internet infrastructure is developing. Speed and reliability can vary by location and should be assessed for business-critical operations.

Marshall Islands is currently on the FATF grey list, indicating enhanced monitoring by the international AML/CFT body. This may affect banking relationships and counterparty due diligence requirements. EU tax blacklist status: black_list. Structures involving this jurisdiction may attract additional scrutiny or reporting obligations under EU member state rules.

Based on our scoring model, Marshall Islands ranks highest for Freelancer and Founder / Entrepreneur. It offers a reasonable proposition for freelancer (score: 47/100). It offers a reasonable proposition for founder / entrepreneur (score: 44/100). It scores lower for freelancer and founder / entrepreneur and digital nomad and high net worth individual, who may find other jurisdictions more suitable for their specific requirements.