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ADVANTAGES OF THE SIC
- Complete Privacy and Confidentiality
- Full exemption of taxes
- One Director/One Shareholder required
- Directors/Shareholders may be of any Nationality
- Bearer Shares Allowed
- No Accounting/Audit requirements
- No Exchange Regulations
- International Trade (including Belize)
- Commercial & Financial Activities
- Marketing of Products and Services
- International Leasing of vehicles, machinery, vessels
USES OF SAMOA ICs
- Can do business with Residents & Companies of Belize and anywhere in the world except Samoa
- Can own or have shares in local corporations in Belize and anywhere in the world except Samoa
- Can buy Real Estate anywhere and in Belize
- Can do business in Belize
- Can open US Dollar and Stock Trading Accounts, Fixed Deposits, and Investment Plans
- Set up International Credit and Debit Card
- Can hold assets and ship ownership
REQUIREMENTS (See Application Form)
- Proposed name of IC, plus two alternatives ending with “Ltd.”, “Inc.”, “Corp.”, or “S.A.”
- 1 Director, 1 Secretary and 1Shareholder necessary
- One Person or Corporate Entity can fill all three positions
- Corporate Entity can either be a Company or a Trust
- Bearer Shares allowed
- No Minimum Share Capital but US $50,000.00 divided into 50,000 shares with a par value of US $1.00 each is the standard that will be used.
DUE DILIGENCE (for Resident Agent Only)
- Notarized Copy of Passport for all Directors, Officers, Shareholders and Beneficiaries
- Contact Information of all Directors, Officers, Shareholders and Beneficiaries
- Completed General Client Information Form
- Type of Business to be conducted
RESTRICTIONS
- Cannot carry on business with persons resident in Samoa
- Cannot carry on business as insurance or a reinsurance company, insurance agent, insurance broker or insurance manager.
- Cannot own or hold an interest, whether legal or beneficial, in real property situates in Samoa
- Cannot do business in Pharmaceutical, Casino (Gambling) or Pornography line of business
DOCUMENTATION (you will receive)
- Certificate of Incorporation
- Memorandum and Articles of Association
- Resolution of Appointment of First Directors
- Registered Share Certificates or Bearer Share
- Share Register
- Register of Directors and Officers
- Corporate Rubber Seal (to remain with the Resident Agent)
FORMATION & MAINTENANCE FEES (See Application Form)
- Processing of Samoa ICs ………………………………………………………… US $ 1,035.00
(Includes Incorporation & Registration Fees, Registered Office/Agent
Fee up to end of the year & Corporate Rubber Seal)
- Courier Fees for Corporate Documents …………………………………… US $75.00-100.00
($75.00 courier to the U.S., Central America & The Caribbean and $100.00 for Europe)
- Annual Maintenance due at 1st Quarter of the following year … US $ 700.00
(Includes Registered Office/Agent Fee and Government License Fees)
SHELF COMPANIES
- Shelf Companies are available. Please request list with names and prices.
 HIGHLIGHTS OF SAMOA
- Samoa is located in the Southern Pacific Ocean between Honolulu, Hawaii and Sydney, Australia
- It is comprised of two large islands and seven small Isles totaling 2,934 sq km with a population of 178,173 people
- The Official Language is English and Samoan
- The Climate is Tropical
- The Legal Tender is the Samoa Tala which equals US $0.4035.
You can visit the following site for more information on
Samoa: http://en.wikipedia.org/wiki/Samoa
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