Samoa Company Formation

Samoa Company Formation
  • Respectable jurisdiction and plausible reputation
  • Time of Samoa company formation – takes 1 DAY.
  • Personal presence is not required
  • Popular offshore company type:
    • Samoa International Company

Tax Rates in Samoa

Corporation Tax in Samoa: A resident company is charged at the rate of 27% in its global taxable income while non-resident is charged at the rate of 27% on its taxable income derived from the Samoa source

Income Tax in Samoa: 27%

VAT Tax in Samoa: 15%

About Samoa

Country: Samoa

Capital: Apia

Continent: Oceania

Language: English, Samoan

Currency: Tala (WST)

Time Zones: GMT +13

Dial Code: +685

Abbreviations: WSM

What we can do for your Company in Samoa

  • We do all paperwork on forming the company in Samoa
  • Formation is completely remote
  • Can act as Secretary or Treasury
  • Provide nominee Directors/Shareholders
  • Assist with opening a bank account
  • Registration for Taxes, VAT & EORI
  • Develop a website for your business
  • Create a logo of your brand
  • Provide with full company administration services
  • Arrange a mailing address for your business
  • Arrange a virtual office for your company
  • Telephone answering service
  • Book keeping, audit & reporting
  • Preparing and submitting VAT return
  • Dealing with local authority
  • Trademark registration

Samoa Company Formation. Samoa Offshore Company Registration. Samoa International Company

Main Characteristics and the basic rules of Company registration in Samoa.

Business expansion is often prerequisite for growth of the company and taking the venture abroad is what many entrepreneurs do. However, it is not mandatory that you will always have to expand business to large and well known countries. Based on your business niche and expansion plans, selecting relatively lesser known countries can actually be good. You can expand business operations to Samoa. This small island country became independent in 1962 from New Zealand. It may not seem a happening business destination but companies can seek unexplored niches here.

Before you can take venture to Samoa, it is imperative that you gather knowledge on its economy, business regulations and legal issues related to business operations. Our Samoa Company Formation package can definitely make things simpler for you regardless of your business niche. The nice thing is the govt of Samoa is willing to make things better for foreign investors and it has started adopting pro business reforms and measures.

The economy Of Samoa is growing but so far it is focused on a few sectors. The major industries thriving here are agriculture, manufacturing and service sector. If your venture falls within these segments it is fine. However, it is also a prudent idea to start a business in the country in niches that are still not explored.  For example, companies offering services and products related to internet, telecommunication and IT can prosper in the country.

The main trade partner of Samoa is New Zealand and so by setting up a business here you can gradually tap the potential of your products in New Zealand.  The NZSTIC set up by the Samoan Government facilitates trade activities between two countries. To learn nuances of trading activities and legal norms, our Samoa Company Formation package can be useful.

Since tourism is a big draw in Samoa, tourism related ventures have chances of tasting success here.  Even those companies in hospitality sector should invest in the country. Setting up technological companies can be fruitful and you can get the first mover’s advantage here. The taxation is not much steep compared to nearby nations.

Samoa is a country where investors can try out many unexplored territories but proper planning is required. Assistance of consultant agencies can be beneficial in this context. Contact BRIS group to get your queries on business setup in Samoa answered. Check out our Samoa Company Formation service and get the details.

Samoa Company FormationFinancial Advantages
Taxation:No taxes
Double Taxation Treaty Access:No Treaty Access
Samoa Tax Information Exchange Agreements:Yes, Samoa signs Exchange Agreements
Account Filing Requirements:No accounting / reporting requirements
Annual Return Filing Requirements:No annual return/ reporting requirements
Audit Requirements:No audit required.
Samoa Company FormationRegistration Requirements
Share Capital:US$1,000,000 Minimum paid up share capital US$1
Classes of Share Available for Samoa company formation:Shares with or without voting rights, redeemable shares, registered shares, preference shares, shares of no par value
Bearer Shares:Not Allowed
Registered Office Required:Yes required and must be maintained in Samoa
Shareholders:Minimum number is one
Directors:Can be any nationality and need not be resident in Samoa. Corporate directors are allowed.
Your Company language:English
Name of your Company must be ended:S.A., Ltd, Inc., Corp.
Documents required for Samoa company formation:A certified copy of your passport or ID and proof of your residential address dated less than 3 months.
Samoa Company FormationRestrictions
For Samoa company formation you cannot use words in your company names without justification:“Bank”, “Trustee Company”, “Assurance”, “Building Society”, ”Trust Company”, “Royal” etc.
Restrictions on Trading:Not permitted to trade within Samoa
Not permitted without a licence:Fund management, insurance, Banking, reinsurance, assurance, trust management, collective investment schemes, trusteeship business provision.
Samoa Company FormationConfidentiality and Security
Publicly Accessible Records:No public register of company officers (Directors, Shareholders, Secretary)
Nominee Shareholders and Nominee Directors:Yes, Allowed
Disclosure of Beneficial Ownership to Authorities:No
Meetings of Directors and Shareholders to be held:Anywhere
Stability:Respectable jurisdiction and plausible reputation.
About Samoa
Capital city:Apia
Region:In Polynesia
Political System:Parliamentary Democracy
Governing corporate legislation:The International Companies Act of 1987 (“the Act”) as amended
Type of Law:Common
Currency:Tala (WST)
Exchange Control:None
Language of Legislation and Corporate Documents:English
Time Zone:GMT+13.

This publication is provided for information purposes only. This info should not be treated as a substitute for a tax or legal consultation or legislation. You should not act on the basis of the information contained in this publication without having obtained individual advice from the professional expert.

BRIS GROUP does not assume responsibility for any damage resulting from decisions made by the reader on the basis of this publication.

Our team of consultants are here to take you through the process.