Valsen Corporate

Cook Island IBC

  • Cook Island IBC
  • A Cook Islands International Company (IC) or International Business Company (IBC) as it is referred to in other jurisdictions, is an offshore entity giving individuals and corporations numerous advantages such as security, anonymity, and tax planning benefits. Companies incorporated in the Cook Islands enjoy structural flexibility and simple administrative procedures in a highly secure and confidential location. There are minimal reporting and regulating restrictions with comprehensive protective offshore laws that ensure client security and confidentiality. There are no other offshore jurisdictions that can boast of such extensive asset protection measures—the Cook Islands are truly the safest place in the world.

    Key Features

    Cook Islands IBC

    Corporate Details

    General
    • Type of Entity

    International
    • Governed by

    The International Companies Act 1981-1982 Limited Liability Company Act 2008
    • Registered Office in the Cook Islands

    Yes
    • Shelf company availability

    Yes
    • Our time to establish a new company

    3 days
    • Minimum government fees (excluding taxation)

    USD $300.00
    • Corporate Taxation

    No
    • Access to Double Taxation Treaties

    No

    Share capital or equivalent
    • Standard currency

    NZD New Zealand Dollar (NZD 1.15 = USD 1.0)
    • Permitted currencies

    Any
    • Minimum paid-up

    No minimum
    • Usual authorized

    USD $5,000
    • 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
    • Corporate shareholder allowed

    Yes
    • Location of meetings

    Anywhere

    Company Secretary
    • Required

    Yes
    • Local or qualified

    Yes

    Accounts
    • Requirements to prepare

    Yes
    • Audit requirements

    No (by resolution)
    • Requirements to file accounts

    No (by resolution)
    • Publicly accessible accounts

    No

    Other
    • Requirement to file annual return

    Yes
    • Migration of domicile permitted

    Yes
    Advantages
    1. Zero tax
    2. Political and economic stability
    3. The world’s most secure asset protection trust legislation
    4. Minimum disclosure requirements
    5. Currency diversification
    6. Limiting personal liability
    7. Flexible requirements
    8. Minimum financial reporting requirements
    The Valsen Advantage
    1. Speedy, Efficient and consistent Services.
    2. Relentless effort to obtain bank accounts.
    3. Expert advice on structuring options.
    4. Dedicated ongoing compliance support.