Samoa International Business Company
International Business Company (“IBC”) of Samoa is regulated by the International Companies Act, 1988. The amendment of the Companies Act enables international business the ease of operating offshore IBCs in Samoa.
Key Features
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Factor
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Status
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Remarks
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Tax
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Not Applicable
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Both business tax and personal income tax are exempted. This includes an exemption from capital gains tax, estates, all local taxes and stamp duty.
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Local Registered Agent / Office
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Required
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Registered office must be maintained in Samoa at the address of a Registered Agent.
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Level of Confidentiality
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High
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Not required to file Director or Shareholder to authorities but a record must be kept at Registered Office or a place of directors' choice.
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Authorized Share Capital
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Not Restricted
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Minimum paid-in capital of $1, can be registered in any currency.
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Double-Tax Avoidance Treaty
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Not Applicable
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Keeping of Corporate Books, Records, and Registers
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Required
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A copy of books, records, and minutes and resolutions of all meetings shall be kept at the Registered Office but not publicly accessible.
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Annual General Meeting (AGM)
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Not Required
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Annual/Tax Return
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Not Required
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Shareholders
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Minimum 1
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Corporate entity allowed.
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Directors
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Minimum 1
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Corporate entity allowed.
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Secretary
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Required
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A company secretary must be appointed, may be a natural person of any nationality or corporate entity.
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