If you decided to protect your wealth, need to open a bank account or create an offshore business association, Foster Swiss, an international consultancy registered in Switzerland, provides financial and compliance advice on a variety of issues related to company formation and commercial banking internationally.
As an initial step to achieve the proposed objective of creating an international company in an extraterritorial jurisdiction, contact a Foster Swiss advisor, who will guide you as to which jurisdiction or country will be according to your requirements, what conditions it offers, so that you can start safe way with this type of offshore business.
In this menu of options of favorable countries for the establishment of offshore negotiations is Samoa Island, in Polynesia, this island country that is part of a total of 14 islands located on the continent of Oceania, by 2020 it was located in the Financial Secrecy Index known by its acronym in English FSI in position 86 out of a total of 133 countries.
FACILITIES TO CONSTITUTE INTERNATIONAL COMPANIES
Samoa provides a very favorable tax system for setting up offshore companies with a 0% tax rate, clear and strong legislation for the protection of assets that prohibits government interference and foreign legal provisions.
As an offshore financial jurisdiction, Samoa Island is administered by the Samoa International Finance Authority (SIFA). Registered or authorized entities do not pay income tax or other duties, or any other direct or indirect tax or stamp duty.
Regarding exchange policy, Samoa does not manage foreign exchange control, the government fees for commercial transactions are relatively low, it does not require capital to establish a company.
Controlled inflation and a solid financial structure complement the scenario for the participation and constitution of new offshore companies.
The International Companies, created in Samoa, are based on the International Companies Act of 1987.
The shareholders and directors can be represented by a natural or legal person. Samoa is not blacklisted by the OECD, FATF, or any other list of any international organization.
There is reserve and confidentiality as a jurisdiction for the creation of offshore companies, protection of privacy, without disclosing to shareholders and directors.
As a requirement to establish an IBC in Samoa you need a director, a shareholder and a secretary. You must maintain an office and registered address in Samoa. No need for audits or accounting records.