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.