A Samoa LLC is a hybrid entity combining specifics of both a partnership and a corporate company structure. A Samoa LLC provides exceptional asset protection and confidentiality regulations that ensures privacy and security. The LLC is able to protect the personal assets of its members and managers similar to the way a corporation protects shareholder assets. If the LLC goes into default, its members cannot be for personal held liable for the debts incurrent by the company.

Features

Samoa LLC

Corporate Details

General

  • Type of Entity

Limited Life Company (LLC)

  • 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

  • Minimum government fees (excluding taxation)

US $300

  • Corporate Taxation

No

  • Access to Double Taxation Treaties

No

Share capital or equivalent

  • Standard currency

US Dollar

  • Permitted currencies

Any

  • Minimum paid up

N/A

  • Usual authorized

N/A

  • Bearer shares allowed

N/A

  • No-par-value shares allowed

N/A

Managers

  • Minimum number

None

  • Local required

No

  • Publicly accessible records

No

  • Location of meetings

Anywhere

  • Corporate directorship allowed

Yes

Members

  • Minimum number

Two

  • Publicly accessible records

No

  • Corporate members 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. A Samoa LLC is a separate legal entity
  2. Members/Managers are not liable for the debts of the entity as members are protected with Limited Liability
  3. LLC has a pass through tax structure as tax on revenue is passed on to its Members/Managers as income tax
  4. Requires only two members to incorporate a LLC
  5. No currency restrictions
  6. Financial information is not open to the public
  7. No auditing or reporting of records of financial information in required
  8. No annual returns are required
  9. Migration of domicile is permitted

The Valsen Advantage

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