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Samoa Company Formation Detail


Background		Stable
	Political stability:	UK common law
	Legal system:	International Business Company
	Company type:
	Disclosure of company information:	Protected
	Oversea profit:	Non-taxable
	Chinese Company name registration:	Possible (Additional 1,000 HK dollar fee)
Company formation Regulation
	Minimum shareholder:	One
	Minimum director:	One
	Corporate director:	Possible
	Company Secretary:	Necessary
	Standard Share Capital:	USD 1,000,000 (Extra 3,000 HK Dollar if excess)
Local Regulation
	Registered address or Registration Agency:	Necessary
	Local Company Secretary:	Not necessary
	Local Director:	Not necessary
	Local meeting:	Not necessary
	Director List storage in Company Registration Office:	No restriction
	Shareholder List storage in Company Registration Office:	No restriction
Annual Regulation
	Annual Report:	Not Required
	Annual Auditing:	Not Required
Estimate Duration and Fee
	Duration for New Company Formation:	15 working days
Shelf Company		Available

Background


	Previously known as West Samoa, changed its name to Samoa July 1997.

	Samoa is near the Meridian, made up by 9 islands. It had governed by UK, Germany and New Zealand. The official language is English.

	Independence in 1962, it is now peace and stable country, and governed by its own assembly.

Advantage and aim of formation


	Registration capital need not paid up and can setup bank account anywhere in the world

	Only annual business registration renewal fee required, no tax required.

	Company owned by non-resident can wave for all tax

	Purchase of property is allowed under corporate owned

	Unnamed share issuing is allowed

	Shareholder, director and administration staff list do not required to register in government, information is well protected

	Certificate of Incorporation can register no only English but other regulated language including Chinese

	Company document (including M&A) can be stored in any language as long as submit together with an English translated document. This makes Samoa famous among Chinese.

Company Requirements

Company name:
Company name should be in English, and should be ended with “LIMITED”. Company name should not include “Trust Company”, “Bank” or similar wording unless approved by their government.

Standard Share Capital:
Standard registration share capital is USD 1,000,000. No capital examination required and capital need not paid up.

Director:
At least one, no nationality limitation, individual or corporate is also allowed

Shareholder:
At least one, no nationality limitation, individual or corporate is also allowed

Company Secretary:
No restriction normally provided by us and included in service fee.

Registration agency/Registered address:
Necessary. Require one local authorized registration agency. We will provide Registered address and its fee is already included in the registration fee and annual fee.

Required documents:

1)	Company name
2)	Directors and shareholders information (address prove, nationality, passport or ID card copy)
3)	Share allocation list (if more than one shareholder), share capital need not paid up

Registration process


Stage One:	Name search (Company name should be drafted by you or enquiry for shelf companies’ name)

Stage Two:	Provide basic information about directors and shareholders (including address, nationality and passport or ID card copy); Confirm company structure, share allocation and fill in the related application form

Stage Three:	Signing appointment agreement and related government documents and pay the first payment

Stage Four:	We will inform you once the registration completed, and please sign for collecting company kits and settle the last payment

Stage Five:	After-sale management service enquiry (if necessary)

Our service

We have many shelf companies ready for sales. We can also registration name company with you chosen name; we also provide name search service. Company document will be well prepared in folder.

Our company kit includes:
1	Certificate of Incorporation
2	Company Memorandum and Articles
3	Director Appointment Documents
4	Director and Shareholder list
5	Provide public telephone and fax
6	Company Chop 1 Set
7	Metal Chop 1 Set
8	Share book
9	Share transaction Contract (Shelf Company Only)
10	Folder Box (filing all the above documents)

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