Advantages
- Strategic holding
for China & international investment.
- Only one shareholder
and one director required, natural or corporate of any nationality allowed.
- Bearer share allowed
- Not liable to pay
any income or corporation tax.
- No annual return
filing required
- Beneficiary owner
only disclosed to agent. Details do not appear on the public register.
- Do not need to disclose
beneficial ownership to authorities.
- All the powers of a natural person.
You are welcome to discuss whether SAMOA offshore company is suitable
for your purpose, both strategically and financially.
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Setup requirements
- Minimum 1 shareholder + 1 director
- Minimum US$1 issued
and allotted share capital
- Registered address
in the offshore country
- Corresponding address
in Hong Kong for license renewal purpose
- The normal authorized share capital is US$1,000,000, which may be expressed
in any currency. The minimum issued capital is one share of no par value
or one share of par value.
（Permitted classes of shares include the registered shares of par or no
par value, bearer shares, preference shares, redeemable shares, shares
with no voting rights and discounted shares.）
All setup information will not be available for public search. However,
you may have to disclose when opening bank a/c.
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Setup procedure
- Decide use tailor-made or ready-made company
- Decide use registered
or bearer share
(Some banks hesitate
to accept bearer share company to open bank a/c
- Decide which professional
firm to appoint for company formation
- Give shareholder
/ director / corresponding address information to appointed professional
- Give photocopy of
identities
- It usually takes
1 day for a company to be formed.
- By submission of
the company's Memorandum and Articles of Association and registration
fee to the Registrar of International and Foreign
Companies, an international company finish its procedure of incorporation.
Download [ Incorporation Order Form - SAMOA ] to guide you through the
requirement.
Chandler Partners provides hassle free services from company name search,
to Hong Kong corresponding address. Please contact us for detail. For
ready-made company, please call us for a list for your selection.
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Download form [Incorporation
Order Form - Samoa Islands ]
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Setup cost
US$1,100
(including 1st year
government charges, full set of printed material, chops)
Optional services:
- Secretary fee US$320
(including provision of HK corresponding address)
- Bank A/C open handling
fee for HK bank US$320
- Certificate of Good
Standing US$200
- Certificate of Incumbency
US$200
Chandler Partners services are priced such that SMEs can afford quality
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Maintenance cost
- Annual company renewal US$700
- Optional secretary
fee US$320 (including provision of HK corresponding address)
- No annual accounting,
tax filing and auditing required
Chandler Partners is formed by professional accountants. In daily operation
of your offshore company, we are capable of providing total solution and
services IN-HOUSE and making all services most efficient and cost effective
to clients.
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In General
Samoa has been independent since 1962 and its constitution provides for
a parliamentary government, which as in many Pacific Island nations combines
the traditional Samoan social structure and a democratic voting system.
There is a forty-seven member Legislative Assembly which consists of forty-five
Matai title holders who are elected by their peers and two non-Samoan
residents who are registered on the Universal Voters’ Roll. Parliamentary
elections are held every three years.
The first Superior Court of Samoa possesses and exercises all the
jurisdiction, power and authority necessary to administer the laws of
Samoa. It is backed up by a Court of Appeals and a Supreme Court.
Samoa has a modern
international airport can accommodate 747 type
aircraft. Air services provide direct access to New Zealand, Australia,
Fiji, Cook Islands and Hawaii. The country has adequate docks and is well
serviced by Pacific regional shipping services.
Samoa has good international telecommunications with telex, facsimile
and international direct dial facilities via satellite.
Agriculture employs 50% of the workforce and contributes more than 50%
to GDP and 90% of exports. Tourism has now become the most important growth
industry. Unlike most offshore jurisdictions, financial services play
a relatively small role in the economy. Furthermore, its isolation in
the Southern Pacific and its independence makes it less subject to interference
by the OECD, EU and U.S. English is widely spoken and is taught in all
schools. Samoan is the official language. Currency is Samoan Dollar (Tala).
No exchange control.
You are welcome to
discuss whether SAMOA company is suitable for your purpose, both strategically
and financially.
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Restriction
Any name that is identical or similar to an existing name, any name which
in the opinion of the Registrar is undesirable, offensive or indecent,
any name that may suggest royal or government patronage and any name that
suggests an association with the banking or insurance industries.
Names may be expressed in any language. The Registrar may request an English
translation to satisfy him that the proposed name is not a restricted
or licensable name. If you are not using a shelf company and are providing
a foreign language name other than Spanish, Japanese, Chinese or Korean,
then please provide us with an English translation of the name that we
may pass on to the Registrar.
Some names requiring consent or a license, which include‘Bank,
building society, savings, loans, trust, trustees, insurance, assurance,
reinsurance, co-operative, council, Chamber of Commerce, university’ or
their foreign language equivalents.
Some suffixes can denote limited liability: Limited, Corporation,
Incorporated, Sociètè Anonyme, Sociedad Berhad Anonima or the relevant
abbreviations.
Cannot trade with
Samoans nor own local real estate. An International Company cannot undertake
the business of banking, insurance, assurance, reinsurance, fund management,
the management of collective investment schemes, trust management, trusteeship
or any other activity that may suggest an association with the bank or
insurance industries without obtaining the appropriate license.
The corporate documents of an International Company may be in any
language.
Registered office must be maintained in Samoa at the address of a
licensed trust and management company.
An International Company must appoint a company secretary. Can be
natural or corporate of any nationality. Need not be resident in Samoa.
Chandler Partners provides hassle free services from company name search,
to Hong Kong corresponding address. Please contact us for detail. For
ready-made company, please call us for a list for your selection.
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