Fact File Supplied By
Samoa International Finance Authority
South Pacific Ocean
202,506 (As of 2020).
Faleolo International Airport.
Samoan Tala (SAT)
Parliamentary democracy consisting of 51 members of parliament elected by citizens 21 years and over. The Constitutional Amendment Act reserves 10% of the seats for women.
International Dialing Code
Common Law, Westminster based system as is the case with Commonwealth countries.
International Business Companies (IBCs), foundations and trusts.
Personal income tax
Corporate income tax
San Marino, Monaco, Netherlands, Ireland, Australia, Sweden, Finland, Greenland, Iceland, Norway, The Faroe Islands, Denmark, New Zealand, Mexico, South Africa, Japan and Republic of Korea.
Minimum authorised capital
Minimum share issue
Timescale for new entities
For IBCs one day, or less than 24 hours. For other licensed entities the timescale is dependent on application and supporting documents received.
As above or as prescribed by the Registrar.
Must be non-residents and non-citizens of Samoa or as provided for under the relevant legislation.
Whenever directors consider meeting necessary they can be held anywhere in the world or electronically.
Prohibited under the International Companies Act 1988.
Public share registry
Whenever directors consider meeting necessary to be held.
Every international company shall appoint a registered company auditor within 90 days of its incorporation. An auditor of an international company shall carry out an audit in respect thereof in each audit period. Every auditor shall report to the members as to his or her audit and matters disclosed thereby and shall give such further reports and information as are required by regulations made under the International Companies Act 1988.
Every IBC must have a registered office in Samoa.
Permitted under the International Companies Act 1988 and other international financial services laws.
Company naming restrictions
Undesirable names in the opinion of the Registrar or names containing restricted words as determined by the Registrar.