About Us & History of MRA Advisors Inc.

MRA Advisors Inc., a corporation registered and headquartered in the Federated States of Micronesia, was founded in 2005. MRA responded to the FSM government’s internationally published RFP (Request For Proposal) for a Registration Advisor and was awarded the opportunity to negotiate a contract to promote the FSM’s Corporate Registry and related programs. The long-term contract was signed on November 14, 2005.

Company Profile

Company Name

MRA Advisors Inc.


[Head Office Address]
VB Center, Suite 2A, Pohn Umpomp Place, Nett, Pohnpei, Federated States of Micronesia


[Additional Executive Suite Offices]
One World Plaza, Kapweresou Street, Kolonia, Pohnpei, FSM


[Mailing Address]
P.O. Box 902, Kolonia, Pohnpei, FM 96941





Business content

Advisor to FSM Government under exclusive long-term contract to help propose legislation and programs to attract foreign investors and to promote the FSM to foreign organizations.


Steven K. Baker

Chief Financial Officer/Co-founder

Mark J. Heath

Chief Compliance Officer

James F. Moonier

Company History


Micronesia Registration Advisors, Inc. was established in the FSM


MRA was awarded a long-term advisory contract, signed by the FSM President and authorized by FSM Congress


FSM enacted Corporate Income Tax Act and Corporate Registry Act


FSM enacted Captive Insurance Act


The first Japanese overseas investment subsidiary was established in the FSM


The first Japanese captive insurance company was established in the FSM


MRA’s Advisory contract was extended


MRA changed the company name to MRA Advisors Inc. Since inception, MRA has advised on 33 bills which have become enacted in the FSM to better serve Japanese companies. The FSM is now home to over 100 Japanese subsidiaries, including 24 captive insurance companies.

Location of MRA Advisors Inc.

MRA Advisors Inc. is located in the state of Pohnpei, the capital of the Federated States of Micronesia. It takes about 3.5 hours from Tokyo/Osaka to Guam and 3.5 hours from Guam to Pohnpei International Airport by United Airlines.  Our office is located in the VB Center, a 15-minute drive from the airport.