Samoa Company Registration
Overview
Samoa, independent since 1962, situated in the South Pacific Ocean east of the International Date Line, is composed of 9 islands, whose basic local language is English. The existing service structure in Samoa is complete; therefore many famous accounting firms set up their offices in this country, and law offices are also numerous here. At present, there are 3 retail banks in Samoa. In addition, the China Embassy in Samoa will be more helpful to apostil and certify the documents needed to operate in China.
Advantages of Samoa Company Formation
· No tax shall be declarable and payable
· Company's name in Chinese (or other languages) can be shown on the certificate of incorporation
· Company can store its documents in any language
· Company that chooses to pay 5 years, 10 years or 20 years' annual license fee in advance is entitled to a considerable discount
· It's permitted to relocate the company in a convenient and effective manner
General Requirements
· There shall be at least one shareholder, director and company secretary
· It's required to compile the registers of directors, secretary and shareholders and store them in the registered office
Standard Authorized Capital
· 1 million USD, a company can issue bearer shares
Required Information and Time for Incorporation
· Chinese and English names of company
· Copies of ID cards or passports of shareholders and directors
· Registration of company (requires 15 days or so)
· Purchasing a Shelf Company (requires 3 days or so)