International or foreign-owned companies are exempt from all income taxes, capital gains tax, stamp duties, dividends, earnings or interests received from companies whose owners are not residents in Samoa.
Frequently Asked Questions
What is applicable corporate income tax for international companies in Samoa?
How to name a company in Samoa?
The name of an international company in Samoa should meet below conditions at a minimum:
- Not similar or identical to names of existing companies or reserved name list of the Registrar
- Not misleading or undesirable in the opinion of the Registrar
- Containing at its end part of words including “corporation”, “corp”, “incorporated”, “inc”, “limited”, “ltd” or similar words in any language to connote the existence of a body corporate as distinct from any other person or entity.
A company name can be reserved for up to three months.
Are there restricted business activities for an international company?
An international company is prohibited from investing in domestic companies, doing business or settling any property with Samoa residents or domestic companies. However, the company can hold shares in international companies or companies incorporated under International Companies Act.
What types of company are available for registration in Samoa?
An international company, other than a limited life international company, can be registered under the following forms:
- Company limited by shares, or
- Company limited by guarantee, or
- Company limited by both shares and guarantee.
Is there the minimum number of directors/shareholders requirement?
The minimum number of director and shareholder is one. They can be a natural person or body corporate, be of any nationality and need not to be resident in Samoa.
What is a possible place for holding a meeting of board of directors and shareholders?
A company doesn’t need to hold its annual general meeting if all members entitled to the meeting agree in writing not to do so. Moreover, a meeting can be held in any place.
Are there any requirements to file register of directors?
An international company is not required to file its register of directors/officers with the Registrar or keep information regarding company directors and secretary.
What is the minimum registered capital of a Samoa IC company?
There is no requirement on minimum registered capital and share capital can be expressed in currency of any country except Samoa. Shares issued needn’t be paid-up.
What types of shares are permitted to be issued by an international company?
Registered shares of par or no par value, preference shares, redeemable shares, shares with no voting rights and discounted shares.
What things need to be done to maintain a Samoa International company?
The annual company maintenance and filing requirements are simple. An international company only needs to maintain its corporate structure, local registered agent, registered office in Samoa, and paying government annual renewal fee. There is no need to file annual return.