SAMOA INTERNATIONAL COMPANY (SIC)

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      

 

 

 

QUICK LINKS: Welcome | Offshore Services | Retirement Services | Investment Services | About Belize | About Our Firm | Contact Us

Copyright © 2008 International Services Limited. Designed by Idealabstudios.com