Trust and company service provider in Hong Kong Licence No.: TC006906
Opening a Samoa Company
Background and Advantages
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South Pacific Jurisdiction: Adopts the English common law system and is based on the International Companies Act 1988 (2021 Revision).
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Tax benefits: Non-resident international companies (ICs) are exempt from corporate tax and are not subject to foreign exchange controls.
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Bearer shares: These are in a small number of jurisdictions that still allow registered but not public bearer shares (which must be held by a registered agent).
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Flexible company structure: No minimum capital requirement, allowing a single shareholder and company director, and the ability to move in and out of the company.
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Cost-effective: Suitable for traditional structures, ship-holding special purpose vehicles and holding companies related to the Asia-Pacific region.
Key compliance requirements for non-resident founders
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Registered Agent and Office: You must use a Samoan licensed trust company as your registered agent and maintain a registered office.
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Annual Fees and Reports: An annual license fee must be paid and a simple report must be submitted. There is no audit obligation unless otherwise specified in the company's articles of association.
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Information exchange: Samoa has signed the Multilateral Convention on Mutual Administrative Assistance, which requires the collection and exchange of information on ultimate beneficial owners.
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Bearer shares: Custody arrangements are required and improper handling may result in the company losing its good standing.
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Local Business: If a Samoan international company contracts with Samoan residents or owns land in Samoa, it is recommended to retain local legal counsel as additional permits or approvals may be required.
Service Fees for Opening a Samoa Company
Samoa 薩摩亞 | USD |
|---|---|
Registration fee | 1,190 |
Additional fee for Chinese name (if applicable) | 125 |
Renewal | 1,190 |
Documents required:
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Certified True Copy of ID/Passport copy of each Director, Shareholder and Beneficial Owners with 10% or over shareholding with cover letter attached
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Certified True Copy of Address Proof of each Director, Shareholder and Beneficial Owners with 10% or over shareholding with cover letter attached
Whatsapp:
(852) 5592 0208
Telephone:
(852) 2312 2733
Monday to Friday
9am to 6pm