Nil or Low Corporate Tax
Business confidentiality
Minimum Reporting
No Trade Restrictions
Instant Company Incorporation
Company Type |
International Company (IC) |
---|---|
Confidentiality |
The names of directors and shareholders are not available in public records |
Accounting requirements |
Yes |
Corporate Taxation |
No |
Permitted Currency |
Any currency is permitted |
Minimum Directors and Shareholders |
Minimum one director/shareholder |
The requirement to appoint a company secretary |
Yes |
The requirement to file accounts |
No |
Consultancy
International trading
E-commerce
Investment
The various tax benefits are:
● No corporate tax
● No income tax
● Exemption of stamp duties
● No capital stock tax
● No sales tax
The currency of the Cook Islands is New Zealand dollars.
The corporate legislation for offshore companies are:
● International Companies Act 1982
● International Trusts Act of 1984
● Limited Liability Company Act 2008
There are no restrictions on the movement of funds, and transactions can be done in any currency.
The economy of the Cook Islands is quite stable with tourism and offshore sector being some of the significant dominating sectors in the territory.
Yes, an annual general meeting is required to be conducted annually in the jurisdiction.
It takes about 3-4 days to incorporate an offshore company in the Cook Islands.
Yes, shelf companies are allowed and available for incorporation in the jurisdiction.
Yes, offshore companies should have a registered office in the territory of the Cook Islands.
Yes, offshore companies in the Cook Islands should file for annual returns.
*Duration is subject to the constraints of the due diligence procedure.
**The required documents must be provided for every individual related to the company.
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