|General Information||Samoa is an independent group of islands situated in the South Pacific. It is different from the more popular jurisdictions like the Bahamas or the British Virgin Islands in that these are situated in the Caribbean . Samoa has been administrated by Britain , Germany and New Zealand . It now enjoys a peaceful and stable environment. Its legal system is based on English Law and its International Companies Act was amended towards the BVI style.|
We have available “off-the-shelf” companies for your selection. Alternatively, you may choose your own company name and we can arrange to have the name approved by Samoa authorities within 2 days and have the incorporation documents available in 2 – 3 weeks.
The legislation allows the addition of a Chinese name to the English name on the Memorandum and Articles of Association.
Samoa are exempt from income tax as long as it does not carry on business in the Samoa .
|Filing Requirement||There is no need to file Annual returns nor Accounts with the Tax Authorities or the Companies Registry.|
No details of the shareholders appear on the public file at Companies Registry but a register of shareholders should be kept at the registered office of the Company in Samoa . This Register of Shareholders is not available for public inspection. Details of the directors also do not appear on the public file at Companies Registry.
One director would be sufficient, this director need not be a resident of Samoa . Corporate directors are also permitted. One shareholder would suffice. Again, the shareholder need not be a resident shareholder and the shareholder can also be a corporation. Bearer shares are also permitted and shall be lodged with the trustee company which provides the registered office.
The standard authorized capital is US$1,000,000 as compared to the BVI's standard authorized capital of US$50,000 and Bahamas ' standard authorized capital of US$5,000.
|Registered Office||Samoa companies must maintain a Registered Office and Agent within Samoa .|