Valsen Corporate

Samoa LLC

  • 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.