Company Formation in Samoa
The Independent State of Samoa, commonly known as Samoa and, until 1997, known as Western Samoa, with capital city located 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.
Member of the Commonwealth of Nations, Samoa offshore was admitted to the United Nations on 15 December 1976. Having gained its independence from Britain in 1962, the company retains a distinctly British legal system and English is the official language of the nation.
An International Company (IC) incorporated in Samoa enjoys many of the typical benefits associated with other offshore company formation jurisdictions including tax benefits, client confidentiality, and non-disclosure agreements, administrative flexibility, no financial reporting requirements, and no language restrictions—all in a stable political and economic environment.
Companies that do not derive any income from sources in Samoa are not subject to tax.
Advantages of company incorporation in Samoa:
Summary of Samoa Company and main characteristics:
| General Information | |
|---|---|
| Type of company | International Business Company (IBC) |
| Corporate Legislation | The International Companies Act of 1987 |
| Taxation | No taxes of any sort. Corporation Tax – 0% Tax on Dividends – 0% Withholding tax – 0% |
| Currency | Standard Currency USD$ Share Capital can be in USD$ |
| Paid up capital requirement | No paid up capital required |
| Time zone | UTC+13 |
| Directors | |
| Minimum no. required | 1 |
| Local Director required | No |
| Location of Meetings | Anywhere |
| Shareholders | |
| Minimum no. required | 1 |
| Location of Meetings | Anywhere |
| Company Secretary | |
| Required | Yes |
| Local Secretary required | No |
| Registered office required | Yes |
| Share Capital | |
| Standard Currency | USD$ |
| Standard Authorized Capital | 1.000.000 USD$ |
| Minimum paid up capital | No |
| Accounting Requirements | |
| Preparation of accounts | Not required |
| Requirement for audit | No |
| Accounts public accessible | No |
| Requirement to file Annual Return | No |
| Further Information | |
| Bearer shares | No |
| Confidentiality | Yes |
| Nominee services | Available |
| Need to travel | No |
| Apostille | Yes, Hague Convention 1961, joined on September 13, 1999 |
| Owners | Individuals or Corporate |
Register your Samoa Company
- Document Notarization per document: € 500
- Bundle of documents Notarization;
- Document Apostillation per document;
- Bundle of documents Apostillation.