Eternity Law International News Company registration in the Cook Islands

Company registration in the Cook Islands

Published:
December 23, 2020

The Cook Islands are located in Oceania. This archipelago is in great demand among foreign capital owners, as they see it as a jurisdiction in which to register an offshore company.

Business forms for firms in the Cook Islands

Establishing a company in the Cook Islands is a good entrepreneurial move in terms of earning profit as soon as possible and a stable economic environment. The most profitable and common form of business for foreign firms is an international company or International Company.

Cook Islands offshore company

So, let’s get acquainted with the main features of an offshore company registered in the Cook Islands.

  • The company is allowed to conduct business in any of the commercial areas not prohibited by law.
  • The company is required to acquire an office registered in the islands and hire an agent.
  • The name of the company must contain Limited or Ltd.
  • It is recommended to create a capital of 5 thousand dollars. You don’t need to pay it right away.
  • The company is not allowed to issue bearer shares.
  • Issue of securities without par value is allowed.
  • At a minimum, the company must have 1 shareholder and 1 director (individual or legal entity).
  • It is allowed to use the services of nominee representatives.
  • Information about the offshore company registered in the Cook Islands is not publicly available.
  • Meetings of directors and shareholders can be organized in any country.
  • The founders decide for themselves where to store the company’s documents.
  • Lack of exchange controls.

The procedure for registering an organization takes about 2 weeks.

Accounting

It is not mandatory to keep accounting records.

Taxation

An offshore company established under the jurisdiction of the Cook Islands does not pay any taxes.

If you need to register a company in the Cook Islands, our specialists will help you register a company quickly and efficiently. Also, you can buy a ready-made company in the Cook Islands. Write to us in the CRM form and we will help you register a company.

Eternity Law International specialists will provide you with qualified advice on the acquisition of an offshore company, opening a bank account in any jurisdiction, as well as further support of your company’s activities at any stage.

We offer ready-made European and offshore companies. It takes 2 days to reissue documents for new owners.

If you have any questions or need advice on registering or buying a company, call us at the phone numbers listed on the website, or write to us in the CRM form located at the bottom of the page. Our specialists will answer you online.

You could be interested

Residence permit in Spain

Guide to Spanish Citizenship and Permanent Residence If you want to live in Spain for a long time or stay to live, you will need to obtain permanent residence or become a Spanish citizen. After you have been in Spain for five years, you are eligible for permanent residence, and after 10 years you are...

Crypto license in Georgia 2023

Introduction The world of cryptocurrencies continues to evolve rapidly, revolutionizing various industries and capturing the attention of investors worldwide. In this transformative field, governing  frameworks play a vital role in ensuring the integrity and stability of digital asset markets. Among the jurisdictions actively embracing this paradigm shift, getting a crypto license in Georgia has emerged...

How to open a Merchant Account?

Online trading has become quite popular lately. This means that stores need to acquire payment acceptance systems. Some online companies use the services of intermediaries or aggregator systems, but there are also stores where payment is only possible through electronic wallets, such as Yandex.Money, Webmoney or QIWI. Moreover, this does not suit all clients, but...

Ready-made company in Hong Kong

Shelf-firm is an organization that was registered for further sale. The procedure of purchasing a ready-made company is quite easy, usually you just need to do the ownership change and prepare relevant documents for this. Shelf-firms are registered already with a company name, but it can be changed after sale.Our company assists clients to change...

Crypto License in Germany

Germany isn’t only one of most trustworthy, commercially honest and strict in terms of compliance jurisdiction, but also a country that is committed to massive technological and financial development. Despite the fact that the status of a fairly conservative commercial space has been assigned to jurisdiction, this country strongly supports innovative solutions and tools, in...

Ready-made Market Maker in Cyprus for sale

Ready-made Market Maker in Cyprus for sale ICF Contribution – 105 000 Euro CySEC Fees – 3 500 Euro Monthly Expenses – Approx. 20 000 Euro Share capital 760k Euro The year of foundation of the company is 3 years Asking price: 290 000 Euro Please feel free to join our Telegram channel in order to...
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof

Kyiv

Baseina street, 7

London

Grosvenor Gardens, 52

Washington

1629 K St. Suite 300 N.W.

Vilnius

Gediminas Avenue, 44A

Tallinn

Kesklinna linnaosa, Tuukri 19

Edinburgh

Lochrin Square, 1

Nicosia

Jacovides Tower, 5 floor

Riga

Esplanade, 7 floor

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard

Sydney

20 Martin Place

Porto

2609 Avenida da Boavista
Calls are made only from Portugal

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7