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DIRECTORS/DIGNITARIES (SECRETARIES), AND SHAREHOLDERS |
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Shareholders, directors and/or dignitaries can be natural or juridical persons. |
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The registry of the initial or subsequent changes in directors and/or dignitaries is not required. |
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Directors can grant general or special powers of attorney. |
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Directors registry is optional and can be held in any part of the world. |
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Companies are allowed to have a sole director. |
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Directors or dignitaries need not be shareholders. |
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Only one subscriber is required; subsequently only one shareholder is required. |
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Shareholders, directors, and dignitaries can be of any nationality and residents of any country. |
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Shareholders and/or directors meetings can be held in any country and they can participate in them via a power of attorney or via any electronic means such as telephone, fax, etc. |
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The designation of at least one secretary is obligatory. |
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ANNUAL TAX DECLARATIONS
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It is not obligatory to present annual performance declarations or reports. |
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INCORPORATION AND
ADMINISTRATION |
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Ample availability of company names for incorporations. |
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Familiarity with incorporation documents (Corporate Charter and By-Laws, and Incorporation Certificate). |
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The words "Limited", "Corporation", "Incorporated", "Berhad", "Société Anonyme", "Sociedad Anónima", "Naamloze Vennootschap", "Besloten Vennootschap" or "Aktiengesellschaft", or the abbreviations "Ltd.", "Corp", "Inc.", "Bhd", "S.A.", "N.V.", "B.V." or "A.G." can be used as part of the name of the company. |
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Incorporation documents can be drafted in Spanish or in any other language and accompanied by its English translation. |
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Corporation names can be incorporated with Chinese characters, as well as Cyrillic alphabet or any other forms of accepted language (together with its English translation or a Romanized version). |
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Expeditious incorporation process and simple administration. |
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Incorporation process takes between 2 to 3 days. |
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Incorporation certificate issued in only 24 hours. |
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The Public Registry of Samoa is equipped with a modern and sophisticated computer system that increases the speed and efficiency of the processing of documents. |
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Administration is relatively simple if the activities of the corporation are not complicated and carried out outside of Samoa. |
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Corporations in reserve available. |
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REGISTRIES |
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There is no need to neither present nor register annual accounts. |
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The books, registries, and certificates of the company can be kept in any place or country that the directors choose. |
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REGISTERED OFFICE, CORPORATE SEAL, AND LEGALIZATION |
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It is required that the Registered Office be located in Samoa. |
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Corporate seal is optional. |
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The Apostille is the method usually employed for the legalization of documents. Consular legalization are also available for some countries. |
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COSTS AND HONORARIES
Reasonable incorporation and maintenance costs (annual license is US$300.00 independently of the amount of the share capital). |
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REDOMICILIATION
Corporations of other jurisdictions can be redomiciled to Samoa. |
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USE OF INTERNATIONAL BUSINESS CORPORATIONS OF SAMOA |
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Titleholder of bank accounts, fix-term deposits, investment projects, and any other financial or commercial title. |
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Proprietor of shares of other corporations or legal entities. |
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Proprietor of apartments, houses, buildings, ships, or any
other assets, chattel or real estate.
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