Samoa

Geographic Location:
Southern Pacific Ocean equidistant between Honolulu and Sydney and immediately east of the International Date Line.
Population:
177,287
Official Language(s):
English and Samoan.
Legal Tender:
Samoa Tala

SAMOA
COMPANY FORMATION

First Year
Incorporation cost USD 1,500^*

Second Year
Maintenance cost USD 750^*

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OFFSHORE COMPANY - SAMOA
Samoa, which comprises two large islands and seven small isles, is located on the Southern Pacific Ocean, approximately equidistant between Honolulu and Sydney and immediately east of the International Date Line. The islands have a total land area of approximately 2,934 square kilometres. Apia, on the island of Upolu, is its capital. Samoa has been a fully independent nation since 1962 and became a member of the United Nations in 1976. Samoa has a Parliamentary Government with a democratic voting system and elections are held every five years. Both English and Samoan are the two official languages. The Samoan Polynesian language is dominant, but English is widely spoken. The local currency is the Samoa Tala.

International Company
An International Company (IC) is legislated under the International Companies Act 1987 (as amended, 1998) . An IC is a company that does not engage in active business within Samoa. The IC Act established a corporate entity which requires the minimum of administration. There is no requirement to disclose the identity of the beneficial owners of an IC. There is no requirement to file annual returns nor financial statements. Meetings of shareholders and/or Directors may be held in any country and may be attended by proxy or by electronic means such as telephone, facsimile etc.