Samoa IBC

A Samoa International Company (IC) also referred to as an International Business Company (IBC) is incorporated under the International Companies Act in 1987, and has an English common law system that protects the identity and records of offshore investing shareholders and directors.

An International Company (IC) formed in Samoa enjoys many of the typical benefits associated with other offshore company formation jurisdictions including tax benefits, client confidentiality, and non-disclosure agreements. It also benefits from administrative flexibility, no financial reporting requirements, and no language restrictions all in a stable political and economic environment.

 

Key Features

Samoa IBC

Corporate Details

General

  • Type of Entity

International Company (IC)

  • Type of Law

English Common Law

  • Registered Office in Samoa

Yes

  • Shelf company availability

Yes

  • Our time to establish a new company

1-3 Business days

  • Corporate Taxation

No

  • Access to Double Taxation Treaties

No

Share capital or equivalent

  • Standard currency

US Dollar

  • Permitted currencies

Any

  • Minimum paid-up

USD $1

  • Usual authorized

USD $1,000,000

  • Bearer shares allowed

Yes

  • No par value shares allowed

Yes

Directors

  • Minimum number

One

  • Local required

No

  • Publicly accessible records

No

  • Location of meetings

Anywhere

  • Corporate directorship allowed

Yes

Shareholders

  • Minimum number

One

  • Publicly accessible records

No (optional)

  • Corporate shareholder allowed

Yes

  • Location of meetings

Anywhere

Company Secretary

  • Required

Yes

  • Local or qualified

Yes

Accounts

  • Requirements to prepare

Yes

  • Audit requirements

No

  • Requirements to file accounts

No

  • Publicly accessible accounts

No

Other

  • Requirement to file annual return

No

  • Migration of domicile permitted

Yes

 

Advantages

  1. Administratively flexible
  2. The government is not party to any double taxation treaties
  3. Strong asset protection legislation
  4. No annual reporting or auditing requirements
  5. No accounting requirements
  6. Migration of domicile is permitted
  7. Zero taxes
  8. Reasonable low yearly fees

 

The Valsen Advantage

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