Registering a company in Samoa involves a step-by-step process that includes selecting a company type, choosing a name, preparing documentation, and registering with the Ministry of Commerce, Industry and Labour and the Ministry of Revenue. By following this guide and utilizing the provided resources, you should be well-prepared to establish your business in Samoa. Remember to adhere to the requirements and guidelines to ensure a smooth registration process and a successful start for your company in this Pacific island nation.
Step 1: Choose your company type
The first step in registering a company in Samoa is to choose the type of company you want to register. The most common types are:
- Limited Liability Company (LLC)
- Public Limited Company (PLC)
- Sole Proprietorship
- Branch of a foreign company
Step 2: Choose a company name
Before registering your company, you'll need to choose a suitable name. The Ministry of Commerce, Industry and Labour (MCIL) regulates the process, which can be done through this link: https://www.mcil.gov.ws/
Step 3: Prepare the required documents
Next, prepare the necessary documentation for your chosen company type. The key documents are:
- Articles of Association (for LLC, PLC)
Application for Company Registration (for all types) These forms can be downloaded from the MCIL's website: https://www.mcil.gov.ws/
Step 4: Identify company officers and shareholders
You will need to identify at least one director (for LLC, PLC) or one representative (for Branch of a foreign company). Directors or representatives must be at least 18 years old. Shareholders can be individuals or corporate entities.
Step 5: Capital requirements
Samoa does not require a minimum capital for LLCs, PLCs, Sole Proprietorships, or Partnerships. There is no minimum capital requirement for branches of foreign companies either.
Step 6: Register your company
Once your documents are ready, you can submit your application to the Ministry of Commerce, Industry and Labour (MCIL). This can be done in person at their office or online via the following link: https://www.mcil.gov.ws/
The fees for registering a company are as follows:
- LLC: WST 500 (approximately)
- PLC: WST 1,000 (approximately)
- Sole Proprietorship: WST 100 (approximately)
- Partnership: WST 250 (approximately)
- Branch of a foreign company: WST 1,000 (approximately)
Step 7: Register for taxes
After your company is registered, you must register for taxes with the Ministry of Revenue. This can be done in person at the local Tax Office or online via the following link: https://www.revenue.gov.ws/
Step 8: Obtain necessary permits and licenses
Depending on your business activities, you may need to obtain additional permits or licenses. Check with the relevant authorities and industry regulators for specific requirements.
The entire registration process, from preparing documents to receiving your Certificate of Incorporation, can take anywhere from 1 to 3 weeks, depending on the complexity of your application.