International company (International Companies Act 1988)Samoa
What it takes to form, own and run a private limited company in Samoa, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
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International Company: limited by shares, by guarantee or by both shares and guarantee
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(2) If a subscriber to a memorandum is a company or a trustee company, the memorandum may be subscribed by the company
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shall be exempt from the payment of income tax and from the payment of any other direct or indirect tax or impost or stamp duty upon its transactions, contracts, securities and other dealings and upon its profits and gains
Form it
Who registers it
- Registry
- Formed without visiting
- Not in our records
- Formed online
- Not stated
The registry’s and the law’s own pages do not mention it.
What it takes to form
- A notary
- Not stated
The registry’s and the law’s own pages do not mention it.
- A resident director
- Not required
- Paying up the capital
- Not in our records
Own it
Who may own and run it
- Directors
- At least 1 · none need live there · a company may be one
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There needs to be only one director.
- Shareholders
- A company may be one
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(2) If a subscriber to a memorandum is a company or a trustee company, the memorandum may be subscribed by the company
- Members
- Not stated
The registry’s and the law’s own pages do not mention it.
- A local company secretary
- Not required
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An international company shall appoint a secretary. The secretary may be a resident secretary.
- A local registered agent
- Required
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All international companies must be registered and incorporated through a licensed trustee company
Each year, at the registry
- Annual registry fee
- USD 300 (about €262)
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International Company 300.00 300.00
- Accounts on the public record
- No
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but save as aforesaid no document filed by the Registrar in respect of a company shall be available for inspection or copying.
- Audit for a small company
- Not stated
The registry’s and the law’s own pages do not mention it.
- Audit
- An auditor must be appointed within 90 days of incorporation unless the articles so provide or all members agree in writing or resolve at each annual general meeting not to appoint one (ss.116-117).
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does not need to appoint an auditor if its articles so provide, or all the members agree in writing
Important dates
When each obligation falls due, as the authority states it.
Not in our records No dates for the International company (International Companies Act 1988) are in our records.
What is public
Not in our records What the register shows the public is not in our records for the International company (International Companies Act 1988).
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
No tax on profit · 0%
Exempt from income tax and any other direct or indirect tax or stamp duty on profits and gains, except income derived from carrying on business in Samoa (International Companies Act 1988 s.249(2)(a)).
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shall be exempt from the payment of income tax and from the payment of any other direct or indirect tax or impost or stamp duty upon its transactions, contracts, securities and other dealings and upon its profits and gains
Work it out on a profit figure: the company’s tax, the owner’s, and what is left.
- CFC rules in Samoa
- Not in our records
Close it
Closing it
The other end, which most guides leave out.
- Route
- Wound up compulsorily or voluntarily (International Companies Act 1988 s.139).
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139. Modes of winding-up – (1) An international company may be wound up either: (a) compulsorily; or (b) voluntarily.
- Statutory fee
- Not in our records
Every business in Samoa
VAT
- Standard rate
- Not in our recordsThe tax authority’s pages have not been read for Samoa.
Payment and banking services
1 service names Samoa on its own list: Airwallex. Each provider, and what a listing means.
Reference
Its name and code
- Kind
- Private limited companyDerived our grouping, the same words in every country
- Name in law
- International company (International Companies Act 1988)
- Identifier
- WS-INTERNATIONAL-COMPANYA form ISO 20275 does not list.