Samoa officially the Independent State of Samoa, formerly known as Western Samoa, is a country encompassing the western part of the Samoan Islands in the South Pacific Ocean. It became independent from New Zealand in 1962. The two main islands of Samoa are Upolu and one of the biggest islands in Polynesia, Savai’i. The capital city, Apia, and Faleolo International Airport are situated on the island of Upolu.
Samoa was admitted to the United Nations on 15 December 1976.The entire island group, inclusive of American Samoa, was called Navigators Islands by European explorers before the 20th century because of the Samoans’ seafaring skills.
Her economies largely depend on industries, service sector and agriculture. The country currency is the Samoan tālā, issued and regulated by the Central Bank of Samoa. The economy of Samoa has traditionally been dependent on agriculture and fishing at the local level. The Samoan government has called for deregulation of the financial sector, encouragement of investment, and continued fiscal discipline.
Type of Company: IC or International Company
Who can incorporate: Registered agent licensed in Samoa
Time to incorporate: 5 days
Registration fee: An International Company pays an annual licence fee of US$300, unless at the time of incorporation, it elects to pay a licence fee to cover the following periods:
Shelf company availability: Yes
Taxation: Companies incorporated under the International Companies Act of 1987 are not liable to pay any income or corporation tax.
Minimum annual government fee: US$300
Disclosure of beneficial owner: No
Bearer shares: Permitted
Standard minimum paid up: US$1
Standard authorized capital: US$ 1,000,000
Permitted currency of capital: Any
Minimum number of shareholders: One
Minimum number of directors: One
Corporate directors: Permitted
Local directors: Not required
Company secretary: Yes
Company seal: Optional
Public record of directors & shareholders: Optional
Location of directors & shareholders meeting: Anywhere
Telephone board meeting: Permitted
Access to Double Tax Treaty: Samoa is not party to any double tax agreement.
Requirement to file account: No
Requirement to keep account: Yes
Requirement to file annual return: No
Change in domicile: Yes
Local Registered office address: All companies must have a Registered Office and a Resident Agent in Samoa who must be a licensed trust company
|Type of company||IC or International Company|
|Common or civil law jurisdictions||Common law|
|Shelf company availability||Yes|
|Time to incorporate||5 days|
|Min. annual duty or franchise fee||US$300|
|Annual return filling fee||No|
|Disclosure of beneficial ownership||No|
|Standard minimum paid up capital||US$ 1|
|Standard authorised share capital||US$1,000,000|
|Permitted currency of capital||Any|
|Minimum number of shareholders||1|
|Minimum numbers of directors||1|
|Public record of directors||No|
|Public record of shareholders||Optional|
|Location of directors meeting||Anywhere|
|Location of shareholders meeting||Anywhere|
|Telephone board meeting||Permitted|
|Access to Double taxation treaty||No|
|Requirement to file account||No|
|Requirement to keep account||Yes|
|Requirement to file annual return||No|
|Change in domicile||Yes|
|Local registered address||Required|
|Who can incorporate?||Registered agent licensed in Samoa|
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