Samoa Company Registration

A company registered in Samoa establishes a holding company to manage its investments.
Samoa, situated in the South Pacific Ocean to the west of the Samoan archipelago, comprises two primary islands—Savai'i and Upolu—and seven smaller ones. The region is largely covered in jungle and experiences a tropical rainforest climate.

I. Basic introduction of Samoa company

Samoa, in the South Pacific, has two main islands and a tropical rainforest climate. Its legal system follows British common law. In the late 1980s, it introduced and later revised international business laws, aligning them with British Virgin Islands standards.

• Location
  Samoa lies south of the equator in the Polynesian region of the Pacific, positioned between Hawaii and New Zealand. It covers 2,842 km² (1,097 sq mi) and is made up of two main islands, Upolu and Savai’i—which account for 99% of the land area—and eight smaller islands.
• Population
  198,971
• Language
  Samoan and English
• Currency
  Tala
• Economics
  Key industries include agriculture, tourism, food processing, and fisheries. Samoa’s economy relies heavily on agricultural exports, tourism, and foreign investment.
• Time Zone
  UTC-11
• Foreign Exchange Control
  None
• Legal System
  British Common Law
• Main Company Legislation
  Samoa International Corporation Act 1987

II. Advantages of setting up a Samoa company

Samoa has become the second most popular choice for Taiwanese businesses to establish offshore companies, following the British Virgin Islands. This is largely due to Samoa’s adoption of international corporate laws modeled after those of the British Virgin Islands, offering similar legal structures and benefits. The key advantages of registering a company in Samoa include the following:

1. High privacy
   Director details are not required to be disclosed in any public records, ensuring confidentiality and privacy.
2. High acceptable of banks
   Most designated foreign exchange banks in Taiwan allow the opening of OBU accounts for BVI companies.
3. Easy to set up
   A Samoa company can be registered with just one or more shareholders or directors, making setup simple and flexible.
4. Easy to maintain
   There is no requirement to submit annual reports or audited accounts, nor to hold an Annual General Meeting. A fixed annual government fee is sufficient to maintain the company.
5. High registered capital
   Companies can customize their registered capital without incurring additional capital taxes.

★ Full article: Click→ Samoa Company Registration

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