Malaysia Hotline: +603- 2141 8908
Samoa
is an independent sovereign state in the Central South Pacific, southwest of
Hawaii. Up until 1997, it was referred to as Western Samoa. Local time is six hours behind New York and
three hours behind Los Angeles. The
legal system is based on British common law and closely reflects that of other
common law jurisdictions. Samoa has
strong diplomatic ties with both Australia and New Zealand. Its written constitution provides for a
three-tier legal system consisting of a Court of Appeal, High Court and
Subordinate courts.
In
1987 Samoa enacted the Trustee Companies Act to provide for licensing and
regulation of trustee companies. With
this legislation came the International Companies Act 1987; International
Trusts Act 1987; Offshore Banking Act 1987; and the International Insurance Act
1987. Changes occurred in 2005 when the
Samoa international Finance Authority Act established SIFA to regulate and
promote Samoa as a modern offshore center to the world.
Samoa
has a modern telecommunications system with direct dial facilities via
satellite. Broadband Internet technology has recently been introduced. Samoa
has direct international flights with New Zealand, Fiji, Tonga, Hawaii (via
American Samoa) and Los Angeles. The business and official language is English,
with Samoan as the second official language.
There
are many aspects to Samoa that makes it attractive as the jurisdiction of
choice for LLC’s. The Samoa LLC is based
on the US Wyoming legislation and allows a Samoa LLC to be interpreted by the
US IRS as a transparent entity for income tax purposes. The Samoa LLC is
established under the International Companies Act (“the Act”) of Samoa. The
Samoan company offers tremendous advantages to those seeking the asset
protection of an offshore company with an offshore bank account. Offshore
banking facilities are also available.
Contact us
If you have further queries, please contact Tannet
24 hours Malaysia hotline:603-21418908;
24 hours Hong Kong hotline:852-27837818;
24 hours Hong Kong hotline:86-755- 36990589;
Email: mytannet@gmail.com
TANNET GROUP : http://www.tannet-group.net, http://en.tannet.com.my