Samoa

Original price was: $ 1,999.00.Current price is: $ 1,690.00.

Over 1,000 businesses partner with us for our company services. |  Ready to register ? | Speak with our Experts |Over 1,000 businesses partner with us for our company services. |  Ready to register ? | Speak with our Experts |

Incorporation Details

Fee schedule
Country First year Annual fee
Samoa US$ 1,690 US$ 1,490

*** To maintain good standing, your Samoa company must pay an annual renewal fee. This fee is a flat rate and free from hidden charges.

What’s included for 1690

● Incorporation of Company
● Samoa Government Registration Fees
● Registered Office for 1 year
● Registered Agent for 1 year
● Certificate of Incorporation
● Memorandum of Association
● Register of Members
● Membership Certificates
● Lifetime support

Why Samoa

Samoa has positioned itself as an attractive place for business incorporation offshore, catering particularly to international entities looking to leverage the jurisdiction’s offshore company benefits. The strategic position of Samoa in the Pacific makes it an appealing gateway for commerce, offering a confluence of Western and Eastern opportunities. As you consider setting up a company in Samoa, you’ll find a seamless blend of tax optimization, asset protection, and confidentiality which are cornerstones of Samoa’s corporate offering.

The process of company formation in Samoa is streamlined and straightforward, providing you with a conducive regulatory environment. Committing to a Samoa company formation involves choosing a company name, securing a registered office, and completing the necessary paperwork—without the requirement for bearer shares. A Samoa International Company affords you privacy and simplicity in operation without the obligations of maintaining complex accounting and auditing records. It’s a business-friendly ecosystem designed to meet the demands of modern international trade and investment.

Benefits of opening a company in Samoa
  • Provide privacy protection, without disclosing shareholders and directors
  • No tax shall be declarable and payable
  • Company’s name in Chinese (or other languages) can be shown on the certificate of incorporation
  • Company can store its documents in any language
  • Company that chooses to pay 5 years, 10 years or 20 years’ annual license fee in advance is entitled to a considerable discount
  • It is permitted to relocate the company in a convenient and effective manner.
Types of Business Entities in Samoa

When considering company formation in Samoa, you have various entity options with specific characteristics tailored to meet the diverse business needs.

Specialized Corporate Entities

INTERNATIONAL COMPANY (IC): Your choice in setting up a Samoa International Company (IC) caters to offshore business activities. This entity type offers anonymity for its owners, crucial for personal privacy and asset protection. ICs in Samoa are not subject to local taxes on global income, making them enticing for international trading operations.

  • Corporate Features: An IC in Samoa provides flexibility in corporate structure, allowing a sole director or shareholder. The laws governing ICs are designed to support ease of management and minimal reporting requirements.
  • Trading Restrictions: An IC may not conduct business within Samoa or own real estate there. However, it can freely engage in international operations.

LIMITED LIFE COMPANY (LLC): If your business plans require a predetermined operational duration, you might choose a Limited Life Company, which can be established with a specific end date.

HOLDING COMPANIES: For businesses focused on holding and managing investments, Samoa’s framework supports holding companies which can efficiently consolidate ownership of other company shares or assets under one entity.

ASSET PROTECTION COMPANY: Samoa is often selected for asset protection purposes, providing robust legal structures to shield your assets from potential claims or liabilities.

Incorporation Procedure

Documents from individuals:

  • Certified Copy of a Passport
  • Certified Copy of a Utility Bill e.g., Gas / Electrical or Bank Statement (dated within the last 3 months)
  • 3 Proposed company name
  • Application Form (we will provide).

Documents from legal entities:

  • Copy of the Certificate of Incorporation;
  • Copies of incorporation documents (Articles of Association and Memorandum of Association).
  • Register of directors/shareholders/members.

Note: Where documents are in a language other than English, a certified translation of the full document into English must be provided, with the original document.

Company Structure
  • Minimum Number of Directors: One, who may be a natural person or a corporate body.
  • Minimum Number of Shareholders: One, which can be the same entity as the director.
  • Beneficial Owners: While beneficial owners are not part of public records, you must provide this information to the Registered Agent who maintains confidentiality
Timeline

Once we have received all the required identification documents, the company formation process will take approximately 4 working days subject to compliance review.

Taxation Policies

Samoa offers a conducive fiscal environment for offshore companies with incentives like tax optimization. As you set up your offshore company:

  • Income Tax: You typically won’t be subjected to local income taxes on foreign-derived income.
  • Capital Gains Tax: There’s generally no capital gains tax imposed.
  • Inheritance and Estate Tax: Samoa does not levy an inheritance or estate tax on offshore companies.
  • Local Taxes: There may be no local taxes on the income of an offshore company, making it financially attractive.
  • Stamp Duty: Minimal or no stamp duty on share transfers and transactions.
  • Minimum Authorized Share Capital: There is no standard minimum, giving you flexibility in defining your company’s capacity.
Accounting and Audit Requirements

Maintaining proper records is crucial for legal and operational reasons.

  • Audit: Your company may not be required to conduct an audit, depending on its size and the nature of the business.
  • Annual Return: Submitting an annual return is mandatory, detailing the current status of the company.
  • Financial Statements: You might be expected to maintain financial statements, though not always required to file them with Samoan authorities.
  • Accounting Requirement: Even without stringent local requirements, good accounting practices are essential.
  • Annual Reporting: While reporting details might be kept private, you must ensure compliance with the annual reporting requirements that apply to Samoan offshore companies.

Contact us for complete assistance in opening an offshore company in Samoa.

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Follow the right path with the right procedure

STEP 01

Select package and submit KYC documents

STEP 02

Sign application forms and do due diligence requirements

STEP 03

Submit the application and receive corporate documents

STEP 04

Annual registration renewal to keep business in good standing