| Marshall Islands | Seychelles | |
|---|---|---|
| Entity | Non-Resident Corporation | International Business Company (IBC) |
| Corporate tax | 0% | 0% (territorial) |
| Public register | No public shareholder register | No public shareholder register |
| Formation (all-in) | $1,740 | $1,240 |
| Formation only | $1,490 | $990 |
| Annual renewal | $1,370 | $870 |
| Timeline | 2–4 business days | 1–3 business days |
| Name endings | Limited, Ltd, Corp, Corporation… | Limited, Ltd, Corp, Corporation… |
Choose Marshall Islands if…
- The shipping world's registry of choice — zero-tax and swift
Choose Seychelles if…
- Cost matters — $1,240 all-in against $1,740, and renewal of $870 against $1,370
- Speed matters — registered in 1–3 business days
- The high-volume favourite — capable IBCs at the gentlest price point
The same either way
Whichever you choose, the engagement runs identically: the fee is published before you speak to us, identity verification happens once through a secure link, formation is carried out by a provider licensed and regulated in the jurisdiction, and one dedicated agent manages everything — including next year's renewal.
Frequently asked
Which is cheaper: Marshall Islands or Seychelles?
Seychelles — $1,240 all-in with first-year registered agent and office, against $1,740 for Marshall Islands. Renewals are $1,370 and $870 respectively.
Which is faster to incorporate?
Seychelles, typically 1–3 business days from completed identity verification, against 2–4 business days for Marshall Islands.
Can Windrose form a company in either?
Yes. Both are on our published fee schedule and follow the same process: order online, verify once, and one dedicated agent manages the engagement end to end with the licensed local provider.