Offshore company formation, registration and incorporation the Cook Islands
 
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Offshore Company Formation Cook Islands

The Cook Islands are scattered over 15 million square miles of the South Pacific Ocean, between French Polynesia and Fiji. The total land area is 240sq. km. The capital and financial centre is Raratonga, which is some 3,000 km. east of Auckland, New Zealand. The languages are English and Cook Islands Maori and the islands currency is the New Zealand dollar.

The Cook Islands are self-governing parliamentary democracy in free association with New Zealand which is responsible for external affairs and defence. The main industries are financial services and tourism.

Financial Services – the Cook Islands

The financial services industry in the Cook Islands dates from 1981 when the government enacted legislation providing for the incorporation of Cook Island international companies and trusts, including banking, insurance and fund management.

The industry received a major overhaul in 2003 in response to external developments and with the passing of the Cook Islands Financial Services Act 2003 regulation was brought up to international standards. All offshore business must now be transacted through companies registered under the Act. There are six companies so authorised.

Cook Islands offshore company regulations

Type of entity International
Type of law Common
Corporate taxation Nil
Double taxation treaties available No

Share Capital

Usual currency U.S.$
Permitted currencies Any
Minimum paid up $1
Usual authorised $5,000

Directors

Minimum number 1
Local resident required No
Records publicly available No
Location of Meetings Anywhere

Shareholders / Members

Minimum number 1
Records publicly available No
Location of Meetings Anywhere

Company Secretary

Required Yes
Local or qualified Local

Accounts

Required Yes
Audit required No
Filing required No
Publicly available No

Other

Annual return required Yes
Change of domicile permitted Yes

 

Why not talk to us about forming an offshore company in the Cook Islands? Call +353 1 431 9663 or Click Here to contact us.

   
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