Samoa
General Information
General Information
| Location | Situated in Polynesia about halfway between Hawaii and New Zealand. It is about 2,890km from Auckland, 4,400km from Sydney and 8,400km from Los Angeles |
| Capital | Apia (located on the island of Upolu) |
| Population | About 165,000 |
| Language | Samoan is the national language, English is the official language of business |
| Legal System | English Common Law |
| Currency | Samoa tala (approx. USD 1 : WST 3.03) |
| Exchange Control | None |
| Economy | Samoa’s economy has been largely dependent on agriculture. The manufacturing and service sectors are now becoming significant contributors to the GDP |
| Time Zone | GMT -11 |
| Principal Corporate Legislation |
International Companies Act 1987 |
Company Incorporation
- Incorporation fee for a company with share capital less than USD 1,000,000 of 1,000,000 shares is USD 928 included government fee, professional fee, registered agent fee, registered address.(For company with English name only)
- Required at least one secretary, one director and one shareholder
- Due diligence of the secretary, director(s) and shareholder(s) are required
- A scan copy of Certificate of incorporation is available in 2 working days
Features & Benefits
- An independent sovereign nation with political, economic and social stability
- Substantial tax advantages
- User-friendly to Asian investors – a company can be registered with a Chinese-character name, and other foreign languages are permitted in addition to the English-language name of the company on the Certificate of Incorporation
- Chinese-language M&As are available, and documents may be filed in any language with an English translation
- Long Term International Companies available with discounts offered when paying 5-year, 10-year or 20-year licence fees in advance
- Samoa’s legislation has strict confidentiality and secrecy provisions, sanctioned by heavy penalties written into each of the Acts forming its legal basis
- Low Government fees for re-domiciliation
- Privacy and asset protection – including no public filing of details of shareholders or directors
