Registration of Company in Samoa - offshore in Samoa for business purposes | Law&Trust International

Registration of Company in Samoa

Cost of registrationПотому что...
1 860.00
The cost of the second year: 

samoa.jpgSamoa consists of a group of islands situated in the central part of the Pacific Ocean, in the midst of Polynesia. New Zealand is less than 3,000 km away, and Samoa and the Hawaiian Islands are separated by little more than 4000 km.

Samoa consists of two main islands.

There is predominantly indigenous population in Samoa; they are Polynesians, but it should be noted that the British people are also present.

Samoa is characterized by tropical climate, good hotels, and beautiful beaches.

Starting from 1962 Samoa is independent and sovereign state. Its Constitution stipulates three-level legal system, which consists of such bodies:

- Court of Appeal;
- Supreme Court;
- Other Courts.

The legal system of Samoa is based on the basic principles of English common law system.

The Central Bank of Samoa is fully responsible for monetary policy, manages the currency reserve, governs the operation of commercial banks and supervises the activities of Samoa offshore companies.

The local monetary unit is the Samoan Tala. Residents of Samoa, in contrast to persons related to offshore companies in Samoa, are subject to currency control by the state.

Traditional economic orientation for the Pacific region is also characteristic of Samoa. This includes fishing, agriculture, as well as tourism. It is tourism that provides for up to 25% of Samoa's GDP. In order to stabilize the economy, the government is taking measures to develop the financial sector.

Why is it cost-efficient to register or buy offshore company in Samoa:

- Political and social stability;

- Samoa is not included in the OECD and FATF black lists (meaning that the jurisdiction has good reputation);

- Ensuring the confidentiality of data on the owners of the business in Samoa at the legislative level;

- Good relations with economic and financial centers of other countries;

- Quite affordable cost of registration and acceptable amounts of annual payments.

Forms of doing business in Samoa

It is preferable to register company in Samoa in the form of the International Company (IC) in order to obtain stable income and investment.

The legislative framework.

The activities of the offshore company in Samoa are regulated by The International Companies Act (1987).

Offshore registration in Samoa. Benefits:

Company in Samoa:

- is exempt from paying taxes (with insignificant restrictions);

- can own real estate in the territory of Samoa;

- conduct activities which involve carrying out interaction with banking institutions or insurance organizations without obtaining corresponding licenses;

- build versatile business relationships with residents of Samoa state.

Registration of offshore company in Samoa. Features

It is possible to conduct any legitimate activity.

Registration office and registration agent of the company have to be located in Samoa.

The name of the company in Samoa should end with the such abbreviations as Ltd, Corp, Inc, NV, GmbH, SA. Legislation of Samoa has also special provisions stating that the official name of the company, its Charter and Memorandum of Association do not necessarily have to be compiled in English, but in any other language, including Chinese dialects.

The proposed authorized capital is $ 1 000 000 (it is not required to pay the authorized capital).

Bearer shares are not permitted.

No-par value shares are inadmissible.

Minimum number of shareholders for registration of offshore company in Samoa is one (natural person/legal entity).

Minimum number of Directors for IC in Samoa is also one (natural or legal person).

Nominee shareholders and directors are allowed.

In Samoa, actions of company directors should be commensurable to the greatest possible extent with the direct interests of the company. The exception is the activity decided by the meeting of participants. Thus, the directors should (without any exceptions) act solely in the interests of offshore company in Samoa. This lack of flexibility increases potential responsibility of all directors.

Information regarding the beneficial owner and banking operations is not available to third parties, and it can only be disclosed in accordance with the decision of the local court.

Meetings of shareholders and directors can be held anywhere in the world.

The place of storage of the company's documents is selected by the participants of the company.

It takes about two weeks to register offshore company in Samoa .

Concerning protection of the company's assets, it should be noted that the state will not require the decision to strike off IC in the court due to the existence of any tax debts. The fact is that for the court in Samoa any tax can not be considered a debt.

Therefore, in Samoa, any offshore structure will be reliably protected from interference by the tax authorities of other states and attempts to strike off the enterprise.

In addition, legislation of Samoa provides for the possibility of transferring the company's assets to another person under "special circumstances".

Bookkeeping in Samoa

There is no need in maintaining accounting records and submitting annual reports.

Taxes in Samoa

Offshore company in Samoa is completely exempt from paying taxes.

We will register company (offshore) in Samoa for you within the shortest time possible. It has never been easier to buy offshore company in Samoa at a low price. Registering offshore company in Samoa is one of the simplest and cheapest ways to start a legitimate international business. Company registration in Samoa is one of the main directions of our company's work.

Financial statements: 
Basic corporate tax rate: 
Number of Directors: 
68 061.00
Place in the world in corruption: 
Oceania, group of islands in the South Pacific Ocean, about half way between Hawaii and New Zealand
National currency: 
USD exchange rate: 
Tropical; rainy season (November to April), dry season (May to October); avg. maximum temperature (December) +27°; avg. minimum temperature (July) +25°
The difference of time zones with Moscow: 
+ 7 hours
Telephone code: 
Official language: 
Samoan (Polynesian), English
Ethnic groups: 
Samoan 92.6%, Euronesians (persons of European and Polynesian blood) 7%, Europeans 0.4% (2001 census)
Literacy rate: 
Credit rating: 
State polity: 
Parliamentary democracy
Executive authority: 
Head of government: Governor. Government: Cabinet
Legislative authorities: 
bicameral parliament Fono or Legislative Assembly: Senate (18 seats), the House of Representatives (21 seats)
The judiciary: 
Supreme Court of Samoa
GDP per capita: 
Minimum number of directors: 
The requirement for residency directors: 
Director of legal entities are allowed: 
The data reveals to the local agent: 
Data field to the public registry: 
The requirement for the presence of the Secretary: 
Requirement to the residense of the Secretary: 
Requirements to qualification of the Secretary: 
Legal entity as the Secretary: 
Minimum number of shareholders: 
Shareholders-legal entities are acceptable: 
Shareholders residency requirement: 
Information may be disclosed to the local agent: 
Data is entered in the public register: 
Information about the beneficiary is disclosed: 
Information about the beneficiary is disclosed: 
No restrictions
The minimum amount of the issued capital: 
Bearer shares: 
Standard currency: 
Possibility to issue shares without par value: 
Capital gains tax: 
Currency control: 
Corporate tax rates details: 
Stamp duty: 
The requirement for filing reports: 
Open access to reports: 
Statutory audit: 
The requirement for filing Annual Return: 
Open access to the Annual Return: 
The requirement for reports: 
Treaty on avoidance of double taxation (States which signed): 
Membership in the OECD: 
Is it offshore according to Russian legislation: 
Opportunity to purchase ready-made companies: 
Legal system: 
Based on English Common Law
The use of the Cyrillic alphabet in the name: 
Local registered office: 
Organizational and Legal Forms: 
Indication of BPA in the name: 
Ltd, Corp, Inc, SA, NV or GmbH
Local registered agent: 
Местные директора: 
Nominee service: 
Всестороннее рассмотрение ТМ, первый класс: 
Всестороннее рассмотрение ТМ, дополн. класс: 
Запрос регистрации ТМ, первый класс: 
1 305.00
Запрос регистрации ТМ, дополн. класс: 
1 161.00
Свидетельство о регистрации ТМ, первый класс: 
Свидетельство о регистрации ТМ, дополн. класс: 
Примечание, ТМ: 
In Samoa, Trademark Comprehensive Studies are for word marks only.
Итого, ТМ, первый класс: 
1 737.00
Итого, ТМ, дополн. класс: 
1 476.00
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