Cook Islands Ready Made Shelf Company
Tax Status:Offshore Tax Haven with no tax on International Companies.
Advantages: The Cook Islands offer a traditional style Tax Haven for basing an international business for tax planning. Working with local Agents in the Cooks is possible in English, which is widely spoken there. As Cook Islands are not well known, it is ideal for distancing yourself from your International Business without attracting unwanted attention due to reputation.
Disadvantages: The geographical location of the Cook Islands makes it difficult to access should you be required to visit to open bank accounts.
Directors and Shareholders: Cook Islands Companies may have local or foreign Directors and Shareholders. We have Personal and Corporate Nominee Directors and Shareholders available for our shelf companies on a case by case basis only.
Banking: There is a selection of International Banks to choose from and account opening requirements are based on the Australian 100 point system. Our local Agents can assist with the application for a bank account.
Accounting Requirements: Cook Islands companies need only pay an Annual Government Fee and maintain the minimum statutory records at the Registered Office. No Tax Return is required.
Annual Requirements: There is an annual fee payable for maintaining a Cook Islands Company, plus costs for Registered Office / Agent, Nominee Directors and Shareholders.
Recommended Use: We recommend Cook Islands as a place to set up an International Company and do business internationally, but not in the Cook Islands. As a traditional offshore jurisdiction, the Cooks are great for tax planning and legal tax avoidance.
Due Diligence: To comply with legal requirements in your jurisdiction of choice, before we can supply any ready-made ‘shelf’ or pre-incorporated Company, IBC or LLC to you, we will require identification of the beneficial owner such as passport copy and proof of address. Specific details will be provided upon application, depending on your full requirements.
DISCLAIMER: Please note that we do not give legal advice. We assist to incorporate and maintain companies, sell pre-existing or ready-made shelf companies and provide nominee directors and shareholders. We accept no responsibility or liability for the actions of those operating the companies that we sell. Liability and responsibility remains with the beneficial owner or end user of the company.