A Cook Islands LLC (Limited Liability Company) formation is a flexible, offshore, international LLC company model that gives a broad foundation, allowing the company to form its structure according to its own rules, rather than through a rigid mandate.  Company model that gives a broad foundation for overseas business operations.

http://offshore-companiesonline.com/about-cook-islands

An LLC is a blend of both partnership and corporate structures by providing a layer of limited liability, protecting owners from the debts incurred by the LLC. A Cook Islands LLC offers further protection from the strong arm of foreign governments and creditors, by separating the rights of its members and that of the overseas LLC. A Cook Islands LLC coupled with an International Trust is the strongest, single-jurisdiction offshore asset protection product currently available.

Key Features

Cook Island LLC

Corporate Details

General

  • Type of Entity

Limited Liability

  • Governed by

Limited Liability Companies Act 2008

  • Registered Office in Cook Islands

No (but must have a registered local agent)

  • Our time to establish a new company

3 days

  • Minimum government fees (excluding taxation)

USD $200

  • Corporate Taxation

No

  • Access to Double Taxation Treaties

No

Managers

  • Minimum number

One

  • Local required

No

  • Publicly accessible records

No

  • Location of meetings

Anywhere

  • Corporate directorship allowed

Yes

Members

  • Minimum number

One

  • Publicly accessible records

No

  • Corporate shareholder allowed

Yes

  • Location of meetings

Anywhere

Company Secretary

  • Required

No

  • Local or qualified

No

Accounts

  • Requirements to prepare

No

  • Audit requirements

No

  • Requirements to file accounts

No

  • Publicly accessible accounts

No

Other

  • Requirement to file annual return

Yes

  • Migration of domicile permitted

Yes

Advantages

  1. Annual filing of accounts are not required
  2. Shareholders and Directors is known only by the trustee company
  3. Foreign creditors are limited in their capacity
  4. Members and Managers cannot be held liable for the debts of the LLC
  5. Flexibility of LLC structure as defined by the LLC rather than a restricting legislative mandate
  6. The LLC can be managed by the members or by managers independent of the members
  7. Single Member LLCs are permitted
  8. No requirement for local presence
  9. Transfer of existing LLCs to the Cook Islands is possible

The Valsen Advantage

  • Speedy, Efficient and consistent Services.
  • Relentless effort to obtain bank accounts.
  • Expert advice on structuring options.
  • Dedicated ongoing compliance support.