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You change the world.
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We help DAOs & Web3 projects incorporate in the Marshall Islands  

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Register your DAO or Web3 project with The Marshall Islands DAO (MIDAO) LLC

Inquire about incorporating your organization with MIDAO

Start the conversation by reaching out to MIDAO and providing some basic information about your DAO or Web3 project.

Start the conversation

Help MIDAO get to know your organization better

Next, MIDAO will help you through KYC and send you template documents such as an operating agreement to complete with their guidance.

Learn more

Complete your DAO LLC Registration in as little as 30 days

MIDAO will submit all of your documentation to the RMI, and will send you your DAO LLC charter after a short waiting period.

Register and pay now
Register and Pay Now
The talented MIDAO team helped us a lot and we as the KoinDX community are very happy to have such a reliable partner who took care of everything.

– KoinDX

Our experience with MIDAO was and continues to be a professional and pleasant exchange. We fully recommend other DAOs to leverage MIDAO registration services and could not be happier with our own incorporation.

– Pecunia.Finance

Setting up our non-profit DAO LLC with MIDAO was very straightforward, and the support and aftercare they have given us has been fantastic. Would recommend to any serious DAO project!

– Secret Network

Why incorporate your DAO or Web3 project as a for-profit or non-profit entity?

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Limited Liability

If you’re not recognized as a legal entity, all of your contributors are at significant risk. If you get sued, all of your contributors’ assets could be seized. Incorporating is the best way to avoid these risks. 

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The best way to protect your organization’s contributors is to incorporate it as a DAO LLC. This ensures everyone can keep their assets and their future earnings even if the organization is sued or under a legal crisis.

If your DAO or Web3 project gets sued, whether it is for-profit or not-for-profit, any number of these things could happen:
- Your contributors are liable, meaning their personal assets will be under attack. In other words, everyone will be paying up.
- Your anonymous contributors will have to share their identities. 
- You’ll need to create a centralized entity going forward, which is against your ethos of decentralization.

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Corporate Personhood

If you don’t have corporate personhood, your DAO can’t technically own any Intellectual Property or hire employees. Put simply, your DAO has no capacity to own assets, enter into agreements, or act as an entity in the corporate realm without incorporating first.

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If your DAO or Web3 project needs to open a bank account to manage fiat currencies, it’s impossible unless you establish corporate personhood. And, if you’re signing contracts and interacting with third-party companies outside of the organization, the contracts don’t hold up under the law without corporate personhood.

DAO Incorporation Tax Optimization
Tax Optimization

Without a tax entity, all your members can be held accountable for taxes on any net earnings your DAO generates. If you sell a bunch of NFTs, for example, your members would have to pay taxes on those gains, even if they never received any of the money.

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A MIDAO Non-Profit DAO LLC not only protects your members from having any tax reporting or liability, but the entity is also not taxed by the government. Think about all the money this will save you and your members!

Compare Legal Entity Options Worldwide

DAO Legal Entity Options
DAOs are recognized
Avoids US jurisdiction
No trustees or directors
Non-profit option
Low cost
Not on a blacklist

Delaware LLC

All limited links
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Own analytics platform
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Chat support
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Account Manager
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Wyoming DAO LLC

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All limited links
Own analytics platform
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Chat support
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Optimize hashtags
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Account Manager
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Number of articles

MIDAO DAO LLC

Check Icon
All limited links
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Own analytics platform
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Chat support
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Optimize hashtags
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Account Manager
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Number of articles

Swiss Foundation

All limited links
Close Icon
Check Icon
Own analytics platform
Chat support
Close Icon
Check Icon
Optimize hashtags
Account Manager
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Check Icon
Number of articles

Cayman/BVI Foundation

All limited links
Close Icon
Check Icon
Own analytics platform
Chat support
Close Icon
Check Icon
Optimize hashtags
Account Manager
Close Icon
Number of articles
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Panama Foundation

Check Icon
All limited links
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Own analytics platform
Chat support
Close Icon
Check Icon
Optimize hashtags
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Account Manager
Number of articles
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Need help comparing options?

Download MIDAO's guide to DAO incorporation!

This guide was built to help you understand the benefits of incorporating your DAO and how the process of DAO incorporation works. We help you answer questions like:

Why should I incorporate my DAO? In what geographic jurisdiction should I incorporate my DAO? What legal entity type should I choose?

Download now
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A limited liability corporation (LLC) to protect you and your contributors

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Physical address in the Marshall Islands

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Automated Anti Money Laundering (AML) and Counter Financing of Terrorism (CFT)

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Corporate personhood, which allows your organization to own assets and enter into agreements

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Annual document filing on your behalf

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White glove service from beginning to end

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Recognition of smart contracts

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A point person to work with the Marshall Islands government

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Help with creating your legal documents, such as your operating agreement 

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The opportunity to weigh in on legislation

How Incorporation
Works with MIDAO

Beneficial Owners Complete KYC (Know Your Customer)

All beneficial owners or members (those with 25%+ governance rights) must have current passports and complete KYC. Our third-party vendor validates their residency and citizenship and checks against sanctions and blacklists.

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DAO Formation

MIDAO provides the templates for your for-profit or not-for-profit LLC's founding documents

- Operating Agreement
- Certificate of Formation
- Foreign Investment Business License (FIBL) application

Step 3

MIDAO submits the signed documents for your DAO or Web3 project

Step 4

In about 30 days, you receive your Charter

Want to get started right away?

Register and pay now
Protect your contributors. Protect your assets. Incorporate today.
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Marshall Islands DAO

A podcast for people starting DAOs

Hosted by MIDAO CEO, Adam Miller
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Get started

Fill in the details below for any questions or to reserve your DAO LLC and we’ll be in touch.

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