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

Company registration in Australia in 2023

Company registration in Australia is a rather simple procedure. To form a new presence or expand an already existing business within this market, it is essential to meet the set of legit terms and conditions which we will consider below. Given that it is Oceania’s largest country; it is a good place for business startups....

Bank Formation in Bulgaria

Bulgaria’s economy today is in stable and favorable attitude benefitting from EU membership and the banking sector has solid position, so that this is good jurisdiction to establish a banking institution for all types of investors. A bank in Bulgaria must be incorporated as a joint-stock company. A bank may open more than one branch...

Company registration in Antigua

Antigua is an island nation in the Caribbean. Recently, this jurisdiction has become very attractive for foreign capital owners, since it offers a fairly simple procedure for registering companies, combined with the highest degree of protection of the funds of the founders and data on the owners. Antigua is an example of a classic offshore...

European Union crowdfunding platforms

CROUDFUNDING PLATFORMS IN THE EUROPEAN UNION European countries have decided to increase the attractiveness of their territories for startups and introduce new crowdfunding rules. Crowdfunding platforms in the European Union will gain access to customers of the entire European Union The executive body presented an action plan aimed at improving the latest technology. These include:...

Canadian Nuances of MSB Registration

Regarding the Canadian nuances of MSB registration, there is a lot of confusing and extremely incomprehensible information, which often misleads a person who wants to start working in this area. Companies that offer financial services to consumers are required to register and obtain FINTRAC approval. However, the term “license” itself is not used by the...

ACCOMPANYING ICO / ITO BY EXPERT POWER

The firm Eternity Law International on the basis of blocking technology provides assistance on the implementation of ICO projects. In addition, Eternity Law International offers support of ICO. First, our consultants will listen to you, ask the necessary questions, and then they will consider your project in detail. To conduct ICO, they will choose the...
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

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7