Samoa Offshore Company

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Jurisdictions >> Samoa Offshore >> Samoa Company Formation

Samoa Company. Samoa Offshore Company. Samoa Company Formation.

Worldwide Incorporation Services specializes in Samoa Company Formation and opening bank accounts.

Samoa – General Information

Samoa Company Formation

Location: Oceania, group of islands in the South Pacific Ocean, about halfway between Hawaii and New Zealand.
Area: total: 2,831 sq k, land: 2,821 sq k, water: 10 sq km.
Natural resources: Hardwood forests, fish, hydropower.
Population: 200,108 (July 2017 est.).
Capital: Apia.
Time Zone: UTC+13.
Languages: Samoan (Polynesian) (official) 91.1%, Somoan/English 6.7%, English (official) 0.5%, other 0.2%, unspecified 1.6% (2006 est.).
Government type: Parliamentary republic.
Legal system: Mixed legal system of English common law and customary law; judicial review of legislative acts with respect to fundamental rights of the citizen.
International organization participation: ACP, ADB, AOSIS, C, FAO, G-77, IBRD, ICAO, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IPU, ITU, ITUC (NGOs), MIGA, OPCW, PIF, Sparteca, SPC, UN, UNCTAD, UNESCO, UNIDO, UPU, WCO, WHO, WIPO, WMO, WTO.
Economy: The economy of Samoa has traditionally been dependent on development aid, family remittances from overseas, tourism, agriculture, and fishing. Agriculture, including fishing, furnishes 90% of exports, featuring fish, coconut oil, nonu products, and taro. The manufacturing sector mainly processes agricultural products. Tourism is an expanding sector accounting for 25% of GDP; 132,000 tourists visited the islands in 2013. The Samoan Government has called for deregulation of the country’s financial sector, encouragement of investment, and continued fiscal discipline, while at the same time protecting the environment.
Currency: Tala (SAT).

General Information about Samoa Company

Advantages of Samoa Offshore Company

  • Exemption from all local taxes and stamp duty
  • Maximum confidentiality and anonymity
  • Ease of operation, maintenance and control
  • Asset security
  • No disclosure or minimum capital requirements
  • The minimum number of shareholders is one
  • The minimum number of directors is one
  • Corporate directors and shareholders are permitted
  • Excellent and flexible post-incorporation follow-up services
  • No statutory requirement to hold annual general meetings
Samoa offshore

Samoa Company Formation – Key Facts

Principal Corporate Legislation

The International Companies Act of 1987 (“the Act”) as amended.

Type of Law

Common.

Language of Legislation and Corporate Documents

English.

Type of Company for International Trade, Investment & Tax Planning

Samoa IC – International Company.

Share Capital

Standard authorised share capital is US$1,000,000. Minimum paid up share capital is US$1.

Classes of Share Available

Registered shares, shares of no par value, preference shares, redeemable shares and shares with or without voting rights.

Bearer Shares

Not permitted.

Restrictions on Trading

A Samoa offshore company cannot trade within Samoa. Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.

Registered Office Required

Each Samoa Company must have a Registered Agent and Registered Office in Samoa, provided by a licenced service provider.

Directors

A Samoa company requires a minimum of one director. Director can be of any nationality and need not be resident in Samoa. Corporate directors are permitted.

Shareholders

A Samoa company requires a minimum of one shareholder.

Publicly Accessible Records

No.

Nominee Shareholders and Nominee Directors

Allowed.

Location of Meetings of Directors and Shareholders

Anywhere.

Personal Presence Required

No.

Taxation

Nil.

Double Taxation Treaty Access

None.

Requirements to File Accounts

None.

Requirement to File Annual Return

None.

Audit Requirements

None.

Currency

Tala (SAT).

Exchange Control

None.

Language of Name

English.

Restricted Words

Words such as “Assurance”, “Bank”, “Building Society”, “Royal”, “Trust Company”, “Trustee Company” etc. will require justification.

Name of a Company

The words Ltd, Corp., Inc., S.A. must be part of the name of every Samoa company.

Time to Incorporate

One day, although, subject to the time zone of the client, companies can be incorporated yesterday!


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Why Choose Worldwide Incorporation Services?
  • We’ve been helping business owners since 1998
  • Incorporating your business is our focus
  • We make a complex process fast and easy
  • We work closely with Samoa Companies Registry to guarantee our service

Samoa Company Formation – Office Addresses

 

Services related Samoa Company Formation

Worldwide Incorporation Services provides the following services related Samoa Company Formation:

  • Samoa Company Formation
  • Registered Office and Agent Services in Samoa
  • Samoa Company Secretarial Services
  • Nominee Shareholder/Nominee Director
  • Opening of Bank Accounts
  • Full Samoa Companies Administration Services
  • Mailing Address
  • Trademark Registration

Worldwide Incorporation Services | Samoa Company | Samoa Company Formation | Samoa Companies

 

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Tags: Offshore Samoa | Samoa Company Registration | Samoa Company Formation | Samoa Offshore

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