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RMI Associations Law
All non-resident domestic business entities registered in the RMI are governed by the RMI Associations Law. The RMI Associations Law is primarily modeled after the corporate laws of the US state of Delaware and statutorily exempts all non-resident domestic entities from taxes.
The RMI Associations Law includes, in one volume, the:
- Business Corporations Act
- Limited Partnership Act
- Revised Partnership Act
- Limited Liability Company Act
Who May Form a Business Entity?
Requests to form an RMI business entity must be made through a qualified intermediary who is obligated to perform due diligence. Intermediaries may include, but are not limited to: lawyers, accountants, corporate service companies, and qualified shipping companies.
Forming Business Entities Online
You can legally form a business entity online in three steps.
Redomiciliation / Domestication
Redomiciliation into and out of the RMI is permitted. Upon redomiciliation, the original date of formation and company existence remains the same and is unaffected.
Sample Forms and Instructions
Sample corporate forms and instructions may be used as a guide in drafting the formation and supplemental documents for all RMI business entities.
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