As the global landscape for cryptocurrency continues to evolve, countries worldwide are defining their stances on digital assets. Indonesia, with its rapidly growing economy and technological advancements, has been no exception. The regulation of cryptocurrencies in country has become a focal point for both local and international investors. This article delves into the specifics of…
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1. Sorts of Commercial Units, Their Homestead and General Charge issues This country offers diverse business units with distinct lawful divisions, including the SA requiring EUR 30,000 minimum capital and the SARL with EUR 12,000, managed by boards of directors. The SARL limits subsidiaries to one hundred and could not trade publicly, while the SCA…
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An active transportation company limited by shares (SA) in Switzerland is now available for sale. This company, was established in 2020 and operates in the passenger and cargo transportation sector with a focus on sea and rail transport. Key Features Transportation Company in Switzerland Corporate Structure Form: Company limited by shares (SA) Year of Registration:…
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+1 (888) 647 05 40The small state of Samoa is located in the central Pacific Ocean of the Southern Hemisphere. It covers two large and several small islands. It has full legal independence based on English common and constitutional law.
Offshore activities are regulated by the International Business Companies Act, 1997. The economy is typical for the region: fishing and processing of fish, agriculture and tourism. The country’s government is intensively developing the financial zone.
Investors are attracted by the affordable company registration and acceptable annual tax payments.
Eternity Law International specialists have extensive positive experience in registering offshore companies in the international legal field in compliance with all requirements and norms of the law.
Non-residents can use the most advantageous form in the form of an international company to register their business on the territory of the islands.
Any type of entrepreneurial activity that is not prohibited by law is allowed. It is not allowed to conduct joint activities of the organization with citizens of the state. Resident companies do not have the right to administer foreign firms.
The state provides a wide list of favorable conditions for non-residents of the country, such as:
Investors will be able to receive a tax break after observing some following rules:
According to the current legislation of Samoa, an offshore company must be registered on its territory without fail with an office.
The islands are blacklisted by the FATF and the OECD, which creates favorable conditions for activities with good income, which is conducted outside the state. The zero tax rate works according to this scheme. To register a company, the following registration steps must be followed.
The state has not signed a double taxation agreement with anyone. The firm’s assets are protected from any tax debts that can be collected by court order and required to close the company. For all Samoan vessels, the tax is not a debt obligation.
Since in the state a priori there is no legal concept of “taxes”, any offshore company is thoroughly protected from inspections by the fiscal authorities of other countries. There is a procedure for the transfer of offshore assets to another person in the event of “special circumstances”. There is no prohibition to purchase a ready-made company with an open office in the state.
Eternity Law International provides each client with qualified assistance in organizing a business in an offshore zone of any international jurisdiction. Our specialists will efficiently perform the company registration in Samoa.
Our official site provides complete information on the scope of opportunities and services. It is very easy and quick to contact the Eternity Law International consultants. All our coordinates are indicated in the “Contacts” section. There is a feedback and an online chat for communication with the manager.
The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.