Where is Western Samoa?
Western Samoa is a tropical island nation located in the South Pacific neighbouring with Fiji and Tonga. Having a time zone of 11 hours behind Greenwich Mean Time Western Samoa is only 3 hours behind the west coast of the United States, 19 hours behind Hong Kong and 21 hours behind Sydney.
Is Western Samoa an Independent country?
Western Samoa was the first Pacific island nation to achieve independence. Prior to independence in 1962 the nation was a protectorate of New Zealand. The country has a parliamentary government that combines the traditional Samoan social culture and a democratic voting system. This unique system is the foundation of a stable political, social, and economic environment. Western Samoa is fiercely proud of its independence and has not entered into any tax treaties nor is it a party to any exchange of information agreements.
What legal system applies to Western Samoa?
Western Samoa is an independent Sovereign State with a written constitution which provides for a three-tier legal system consisting of a Court of Appeal, High Court and Subordinate courts. The legal system is based upon the principles of the English common law and equity.
How do I communicate with Western Samoa?
Western Samoa has the latest telecommunications systems, with digital satellite telephone, facsimile and telex systems and Internet access. Postal and courier services are also excellent. The international airport has Boeing 747 capability, with regular flights to Los Angeles, Hawaii, Auckland, Sydney, and Melbourne.
What is the Financial System of Western Samoa?
There are three commercial banks in Western Samoa, two of which offer a full range of international banking services. The Bank of Western Samoa is a 100% subsidiary of the ANZ Bank (Australia), and the Pacific Commercial Bank is a joint venture of Westpac Bank (Australia) and the Bank of Hawaii (USA). Both banks have a comprehensive network of correspondent banks. Accounts can be opened in all major currencies, and no exchange controls or foreign exchange levies apply to International Companies or International Trusts.
What offshore entities does Western Samoa offer?
There are six Acts that govern the registration and operation of International Companies, Limited Life Companies ("LLC's" ), Creditor Controlled Companies, International Trusts, Offshore Insurance Companies, and Offshore Banks in Western Samoa. The modern legislation has many competitive features including the ability to incorporate in Chinese and other foreign languages, full exemptions from all forms of taxation and stamp duty, and strict secrecy provisions. Western Samoa has a proven record of increasing acceptability amongst offshore financial planners. It has become the premier Offshore Jurisdiction within its time zone for offshore companies, insurance companies, and offshore banks.
More detailed information is contained in our Western Samoa brochure.
