Home - IRI | International Registries, Inc.
International Registries, Inc. provides unmatched support and expertise, specializing in the shipping and financial services industries across a broad commercial and economic spectrum.
www.register-iri.com
Is this an okay or good service provider?
Any experiences?
Wikipedia article is minimal. Could be written by the company themselves, I don't know.
International Registries - Wikipedia
en.wikipedia.org
The talk page looks rather amusing:
International Registries - Wikipedia
en.wikipedia.org
Zero reports on trustpilot.
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www.trustpilot.com
I am interested to open a company with them.
Corporate - IRI | International Registries, Inc.
The RMI Corporate Registry offers many unique advantages for the investor, vessel/yacht owner, and international business person that include a full range of services for forming a company.
www.register-iri.com
According to their FAQ, this the registrar will be The Trust Company of the Marshall Islands, Inc. (TCMI).
These websites seem pretty similar. Might be the same people behind it.
Payment seems to be possible by credit card only.
Perhaps when asking them they offer other payment methods too.
I couldn't find any discussions about this service provider in this forum or in any other forum.
Why am I considering them?
It's a private company but it seems the government of Marshall Islands assigned the task of being the corporate registry to them.
Government of Republic of the Marshall Islands | USAGov links to Office of Commers Investment & Tourism and under INVESTMENT | RMI-OCIT which is a RMI government website
"The service is provided by Trust Company of the Marshall Islands (TCMI) established in 1990 by the government jointly with Virginia-based International Registry, Inc."
So even if it looks official, legit so far, I still keep wondering why I can find so little about this formation company.
If I use a different company formation service they might just earn a commission (double the price) and the real back office I guess could still be IRI.
Website looks somewhat professional.
The ESR reporting looks rather clear and easy.
Economic Substance Regulations FAQs - IRI | International Registries, Inc.
www.register-iri.com
Formation document seems easy too.
And of course the price.
The filing fee for a Certificate of Formation is 650 USD. Thereafter, the annual maintenance fee is 450 USD.
Are there any hidden costs?
Why Marshall Islands? Hard to sue, I assume. Protectorate of USA. U.S. Relations With Marshall Islands - United States Department of State says "The U.S. Army Garrison Kwajalein Atoll is the second-largest employer in the Marshall Islands." I guess that means other states better keep their fingers away from any country with U.S. military based even though they don't have an official military alliance. Therefore I hope it will be stable and not get stabbed anytime soon. Zero tax, of course.
Not on any blacklists.
Marshall Islands – KnowYourCountry
www.knowyourcountry.com
Bank account for RMI company will be I guess either trash or more or less impossible but I can do without.