Annual Filings

• Marshall Islands DAO LLCs complete annual filings and pay annual fees every January.

• Annual filings are completed through a digital portal and include the following steps:

  • Complete the annual fee payment, and verify the company's treasury and funding amount (which determines the annual fee level).

  • Submit the most recent version of their Operating Agreement (if updated).

  • Submit a Beneficial Owner Information Report (BOIR).

    • If there are changes to who is listed on the BOIR form, the new natural or legal persons (i.e. companies) listed in the report must complete KYC/KYB.

    • Learn more about beneficial ownership reporting and KYC/KYB here.

  • Submit a Representative Agent Form (if the Representative Agent needs to be updated).

  • Submit the Annual Filing Form.

  • If the DAO is for-profit, it must also report its revenue for tax purposes and pay its taxes.