Samoa Company Formation
Register a company in Samoa in 2-3 days with tax advantages, strong asset protection, and expert guidance for an efficient incorporation process
Benefits
Register a Company in Samoa
Samoa Company Formation Packages
- • Unlimited Name Availability Check: Ensure your chosen company name is unique and available.
- • Document Preparation and Filing: All necessary documentation is prepared and submitted on your behalf.
- • Expedited Incorporation Process: Company incorporation completed efficiently.
- • One Year of Secretarial Services: Comprehensive company secretarial support for one year.
- • One Year Registered Agent and Address: Provision of a local registered agent and address for one year.
- • All Government Fees Included for One Year: Covers all government-related fees for the first year.
- • Digital Corporate Documents: Receive all essential corporate documents in digital format.
This package provides all the necessary services for a foreigner to establish a new Samoa International Company (IC) from start to finish.
- • Everything in the Basic Package: Includes comprehensive services for setting up a Samoa International Company (IC).
- • Bank Account Opening: Assistance with opening a bank account.
- • One-Time Application Fee: Covers the application fee for one bank account.
- • Bank Account Introduction: Introduction service to any bank on the supported list.
- • Certificate of Incumbency: Provided if required.
- • Everything in the Standard Package: Includes all the comprehensive services provided in the standard package.
- • Premium Banking Support: Enhanced support for bank account services.
- • One-Time Application Fee: Covers the application fee for up to 5 banks or until the account is successfully opened, whichever comes first.
- • Consulting on Alternatives: Expert advice on suitable alternatives if the initial application is not approved.
- • Remote Bank Account Opening: Facilitates opening a bank account remotely.
- • Fast Response: Prompt assistance available even on weekends.
- • Frequent Updates: Regular updates on the bank account opening process to keep you informed.
Offshore Company Incorporation Process
KYC Documents Checklist
KYC documents are essential to verify the identity of individuals and corporations in Samoa. Below, you’ll find a list of the required documents.
The following proofs are required for all company members including Directors, Shareholders, Ultimate Beneficial Owners (UBOs), and Contact persons.
- A certified true copy (scanned version) of the passport (valid for at least 6 months)
- A certified true copy (scanned version) of driver's license or national ID
- Bank reference letter & professional reference letter (minimum 3-year relationship), must be dated within the last 6 months and include the contact details of the issuer
- A Curriculum Vitae (C.V.), resumé, or LinkedIn profile
To establish the identity of a corporation or entity, it is necessary to provide company documents and proof of identity for its members.
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Frequently Asked Questions
How do I register an offshore company in Samoa?
To register an offshore company in Samoa, you must choose a unique company name, appoint at least one director and one shareholder, and submit the required incorporation documents to the Samoa International Finance Authority (SIFA). The incorporation process typically takes one to three business days. All Samoa International Business Companies (IBCs) must have a registered agent and a local office within the jurisdiction to comply with the International Companies Act 1988.
What are the benefits of registering an offshore company in Samoa?
 Samoa is a tax-efficient and business-friendly offshore jurisdiction offering full foreign ownership, strong asset protection laws, and high levels of corporate confidentiality. Offshore companies benefit from zero corporate tax, capital gains tax, and withholding tax. Samoa also offers flexibility in corporate structuring, no minimum capital requirements, and no currency exchange restrictions. The Samoa International Finance Authority (SIFA) regulates offshore business activities to ensure a stable and secure business environment.
What types of offshore companies can be formed in Samoa?
The International Business Company (IBC) is the most common offshore entity in Samoa, widely used for international trade, investment holding, and wealth management. Samoa also offers Limited Liability Companies (LLCs), Segregated Portfolio Companies (SPCs), and International Trusts for specialized financial and business activities. These entities are governed by the International Companies Act 1988 and the International Trusts Act 1987.
What documents are required to register an offshore company in Samoa?
To incorporate a Samoa IBC, the required documents include a passport copy for each director and shareholder, proof of address such as a utility bill or bank statement, details of the company name and business structure, and the Memorandum and Articles of Incorporation. A registered agent licensed by the Samoa International Finance Authority (SIFA) must handle the incorporation process.
Do Samoa offshore companies have to pay taxes?
No, Samoa IBCs are fully exempt from corporate tax, capital gains tax, and withholding tax, provided they do not conduct business within Samoa. This tax-free status is protected under the International Companies Act 1988. However, business owners must comply with tax laws in their home country.
Are bearer shares permitted in Samoa?
Yes, Samoa is one of the few offshore jurisdictions that still allows bearer shares under strict regulations. Bearer shares must be held by an approved custodian to ensure compliance with anti-money laundering (AML) and financial transparency laws.
What is the renewal process for an offshore company in Samoa?
Offshore companies in Samoa must renew their registration annually by paying a government renewal fee and maintaining a registered agent in the jurisdiction. The renewal process is managed by the Samoa International Finance Authority (SIFA).
Does Samoa impose taxes on offshore companies?
No, Samoa IBCs are fully exempt from corporate tax, income tax, capital gains tax, and inheritance tax, provided they do not operate within Samoa. This tax-free environment is a key advantage for international investors and businesses.
Are there foreign currency restrictions in Samoa?
No, there are no foreign currency restrictions in Samoa. Offshore companies can conduct transactions in any currency without limitations, making it a flexible jurisdiction for international business operations. The financial sector is regulated by the Central Bank of Samoa.
What are the annual compliance requirements for a Samoa IBC?
A Samoa IBC must maintain a registered agent and office in Samoa, pay an annual renewal fee, and keep internal business records. There are no financial reporting or audit requirements
unless the company engages in regulated activities such as banking, insurance, or financial services. Compliance is overseen by the Samoa International Finance Authority (SIFA).
Is there a requirement to file annual financial statements?
No, Samoa offshore companies are not required to file annual financial statements or tax returns. However, it is recommended that companies maintain internal records for corporate governance and potential regulatory requirements.
Is it possible to open an offshore bank account for a Samoa IBC?
Yes, a Samoa IBC can open offshore bank accounts in major financial centers such as Switzerland, Singapore, Hong Kong, and the Caribbean. Samoa also has offshore banking institutions that offer multi-currency accounts, online banking, and financial privacy. Offshore banking services are regulated by the Central Bank of Samoa.
What documents are required to open a bank account for a Samoa offshore company?
Most banks require a Certificate of Incorporation, Memorandum and Articles of Incorporation, a resolution appointing authorized signatories, passport copies of directors and shareholders, proof of address, and a business plan or nature of business statement. Banks also require compliance documents such as Know Your Customer (KYC) and anti-money laundering (AML) records, in accordance with international financial regulations.
Can a Samoa IBC open a bank account remotely?
Yes, many offshore banks allow Samoa IBCs to open accounts remotely without requiring a physical visit. The process varies by bank but typically includes submitting notarized or apostilled documents, video verification, or an introduction from a corporate service provider. Some banks may also require a reference letter from an existing financial institution. Offshore banking services are regulated by the Samoa International Finance Authority (SIFA).