Samoa Offshore IBC Company

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Samoa Offshore IBC Company Formation

The Independent State of Samoa, commonly known as Samoa and, until 1997, known as Western Samoa, with the capital city in Apia, is a unitary parliamentary democracy with eleven administrative divisions.

The two main islands are Savai’i and Upolu, with four smaller islands surrounding the landmasses, providing a diverse geographical setting for Samoa Offshore IBC Companies.

A member of the Commonwealth of Nations, Samoa Offshore was admitted to the United Nations on 15 December 1976, adding to its international standing as an attractive destination for Samoa Offshore IBC Companies.

Having gained independence from Britain in 1962, the country retains a distinctly British legal system, creating a familiar legal environment for Samoa Offshore IBC Companies.

English is the official language of the nation, ensuring accessibility for Samoa Offshore IBC Companies.

An International Company (IC) incorporated in Samoa enjoys many of the typical benefits associated with other offshore company formation jurisdictions, including tax benefits, which are advantageous for Samoa Offshore IBC Companies.

Client confidentiality and non-disclosure agreements provide a secure environment for Samoa Offshore IBC Companies.

Administrative flexibility is a crucial feature for Samoa Offshore IBC Companies conducting business in the country.

There are no financial reporting requirements for Samoa Offshore IBC Companies, simplifying compliance.

Language restrictions do not apply, making Samoa an accessible location for Samoa Offshore IBC Companies.

The stable political and economic environment in Samoa enhances its appeal for Samoa Offshore IBC Companies.

Samoa Offshore IBC Companies can take advantage of the benefits associated with International Companies incorporated in Samoa.

The diverse geographical setting with main and smaller surrounding islands offers opportunities for Samoa Offshore IBC Companies.

Membership in the Commonwealth of Nations adds to Samoa’s international reputation as a destination for Samoa Offshore IBC Companies.

Retaining a British legal system ensures a stable and reliable legal framework for Samoa Offshore IBC Companies.

Using English as the official language simplifies business operations for Samoa Offshore IBC Companies.

Samoa’s tax benefits and stable environment make it an attractive choice for international business ventures, especially for Samoa Offshore IBC Companies.

For additional information about Samoa Offshore IBC Company, you can check the site Consil Formation.

Advantages of Samoa Offshore IBC Company Formation:

Having an English Common Law legal system, with own kind of legislation that seeks to incorporate the unique position that it faces, Samoa offshore appeals with good advantages to the Chinese and the Asian market;

English is the official language and all the workplace, including contracts written and assessed. Company’s name in Chinese (or other languages) can be shown on the certificate of incorporation;

Based on the International Companies Act 1987, a Samoa offshore companyis tax-free if it does not conduct business within its territory;

No taxes of any sort – Corporation tax 0%, Tax on Dividends – 0%, Withholding tax – 0%;

In place of tax, there is a fixed annual government fee, as well as an annual registered agent fee;

There are no restrictions on foreign Directors or Shareholders, individuals or corporate;

Minimum issued and paid up share capital required is US$ 1 with standard authorized capital USD 1 million divided into 1,000,000 shares;

There is no withholding tax on interest, dividends and royalty, no capital gains tax for Samoa offshore;

Interim dividends distribution is allowed. Distribution to foreign entities or individuals are not taxed in Samoa;

Nominee services are available for Samoa company formation;

No requirement for filing of financial accounts or audit;

Board Meetings can be held anywhere in the world.

If you are interested in the Samoa Offshore IBC Company Formation, you can contact us any time.

Summary of Samoa Offshore IBC Company and main characteristics:

General Information
Type of companyInternational Business Company (IBC)
Corporate LegislationThe International Companies Act of 1987
TaxationNo taxes of any sort.
Corporation Tax – 0%
Tax on Dividends – 0%

Withholding tax – 0%
CurrencyStandard Currency USD$
Share Capital can be in USD$
Paid up capital requirementNo paid up capital required
Time zoneUTC+13
Directors
Minimum no. required1
Local Director requiredNo
Location of MeetingsAnywhere
Shareholders
Minimum no. required1
Location of MeetingsAnywhere
Company Secretary
RequiredYes
Local Secretary requiredNo
Registered office requiredYes
Share Capital
Standard CurrencyUSD$
Standard Authorized Capital1.000.000 USD$
Minimum paid up capitalNo
Accounting Requirements
Preparation of accountsNot required
Requirement for auditNo
Accounts public accessibleNo
Requirement to file Annual ReturnNo
Further Information
Bearer sharesNo
ConfidentialityYes
Nominee servicesAvailable
Need to travelNo
ApostilleYes, Hague Convention 1961, joined on September 13, 1999
OwnersIndividuals or Corporate

Register your Samoa Offshore IBC Company

Company Formation – with all services included for the first year: € 2100

Certificate of Incorporation;

Memorandum and Articles of Association;

Appointment of Director(s), Distribution of Shares, Minutes, Resolutions in accordance with banks requirements;

Share Certificate(s);

Authorized Share Capital of 1,000,000USD$;

Local Registered Office Address;

Registered Agent;

Personal manager assistance for the entire period.

Renewal Fee after one year – with all services included for the next year: € 1750

Local Registered Office Address;

Registered Agent;

Government annual fees;

Personal manager assistance for the entire period.

Nominee Director – Individual or Corporate as per client’s request: € 850

Nominee Shareholder – Individual or Corporate as per client’s request: € 650

Power of Attorney – General / Special PoA Notary Legalized with Apostille, in accordance official institutions and with banks requirements: € 450

Certificate of Good Standing with Apostille, in accordance with official institutions and banks requirements: € 450

Certificate of Incumbency with Apostille, in accordance with official institutions and banks requirements: € 400

Legalization of Documents:

  • Document Notarization per document: € 500
  • Bundle of documents Notarization;
  • Document Apostillation per document;
  • Bundle of documents Apostillation.

Company Seal: € 100

Company Rubber Stamp: € 150

Bank Account opening service – Quotation based on each particular case;

Compliance Service – After Company Incorporation Services – new persons, legal entities, annual compliance review: € 75/hour

Accounting & Bookkeeping – Quotation based on each particular case.

Starting fee:

2,100.00

  • Further optional services