Samoa

Learn more about Samoa International Business Company.

The Independent State of Samoa, or Samoa, encompasses the western Samoan Islands in the Southern Pacific Ocean. Consisting of two main islands, Savai’i and Upolu, Samoa covers just over 1,000 square miles in area. Samoa is situated between Honolulu and Sydney.

Samoa is home to over 194,000 people, 90% of which are Samoans and 75% living on the island of Upolu. The capital, Apia, is also located on Upolu. The island has direct air connections to New Zealand, Fiji, Hawaii and Australia with adequate shipping services as well. The official language is Samoan and English, which is widely spoken and taught at school. The official currency is the Samoan Dollar (Tala).

Economy & Infrastructure

The economy of Samoa depend heavily on agriculture. Although the largest component of GDP derives from the industrial sector, these labors are usually employed to furnish coconut oil, coconut cream, noni and copra for export. The Samoan government has called for deregulation in the financial sector, in hopes to encourage investments, shifting the economy away from agriculture.

Law & Government

In 1962, Samoa proclaimed independence from New Zealand and has since been a unitary parliamentary republic. Due to its strong diplomatic ties with Australia and New Zealand, the legal system is based on English Common Law incorporating considerable statute law from New Zealand. It was the first South Pacific Island to achieve independence.

Advantages of Incorporating in Samoa are:

• Minimum one director and one shareholder.
• Director and shareholder may be a company or a natural person of any nationality.
• Identity of director and shareholder kept highly confidential.
• Board meetings can take place in any other jurisdiction.
• Not required to file accounts and financial reports to the government.
• Modern communications network.
• Multi-lingual Incorporation documents allowed (Chinese characteristics accepted).