Introduction

Samoa, independent since 1962, situated in the South Pacific Ocean east of the International Date Line, is composed of 9 islands, whose basic local language is English. The existing service structure in Samoa is complete; therefore many famous accounting firms set up their offices in this country, and law offices are also numerous here. At present, there are 3 retail banks in Samoa. In addition, the China Embassy in Samoa will be more helpful to apostil and certify the documents needed to operate in China.

Benefits

  • Secure the privacy of personal details of the director and the shareholder with greatest confidentiality.
  • Convenience on transfer of Shares (No stamp duty / restriction).
  • Able to open a bank account in Hong Kong.
  • Do not require to submit Annual Return.
  • Not required to submit the company accounts annually.
  • Tax exemption for offshore company.

Key Corporate Features

General Information
Political Stability Good
Type of Company IBC
Legal System Common Law
Corporate Requirement
Minimum Number of Shareholders 1
Minimum Number of Directors 1
Registered Address Yes
Company Secretary Yes

Setup Requirement

  • Company Name Requirement: English Name (Additional charge for Chinese Name)
  • 1 Director
  • 1 Shareholder
  • 1 Company Secretary (No restriction on the nationality; Shareholder/ Company Secretary can also be appointed as Director)
  • Standard Authorized Capital is (US$)1,000,000
  • Increase of Share Capital, additional stamp duty is required

Setup Procedure

Ready-made list for Ready-made Company Tailor-made Company (3 intended names in order of preference)
Provide Due Diligence documents of the shareholders, the directors, president, treasurer and company secretary which include Passport or I.D Card, utility bill within 3 months and registered proportion of shares
Arrange all shareholders and directors to sign the documents
To set up a Ready-made company within 10 working days To set up a Ready-made company within 15 working days
Company incorporation completed with a document box which includes Certificate of Incorporation, M&A and Share Certificates, etc.

Company Maintenance

  • Renewal fee should be paid annually to ensure the legal status of the company
  • Renewal in October of the subsequent year
  • Annual renewal fee shall be arranged irrespective to the issued Share Capital

Service Fee

Incorporation Fee HKD13,000
Incorporation documents
Provision of Registered Agent for a year
Obtaining a Certificate of Incumbency from the registered agent for opening bank accounts
Box set
Disbursements - Local transport, courier and miscellaneous HKD500
Arrange and provide a set of certified corporate documents for opening a Bank Account HKD2,000
Obtaining a Certificate of Good Standing from the registered agent for opening bank accounts
Renewal Fee HKD8,500

Contact Us

  • Address Unit 502, 5/F, Beverley Commercial Centre, 87-105 Chatham Road South, Tsim Sha Tsui, Kowloon, Hong Kong
  • Tel (852) 2375 3733
  • Fax (852) 2375 2292
  • E-mail info@inchk.com
Contact Us