Marshall Island IBC Penalty and Reinstatement Fee Increase

Please note that following a decision of our Marshall Islands registry, starting January 1st, 2012, the penalty fee for companies that have a formation or annual of 12 months delinquent will be raised to USD600, while the reinstatement fee for entities that have been annulled will be raised to USD6,000.

Only active companies can apply for certificate of good standing, which is a necessary document for bank account opening or modifications. Please make sure to pay the renewal fees in time to avoid your company being delinquent or annulled.

If you want to check the status of your Marshall Islands company, please contact us at