A company can be incorporated under the International Companies Act 1981-82 ("The Act") as an international company if its shareholders are non-resident of the Cook Islands. A trustee company registered under the Trustee Companies Act 1981-82 may hold shares in an international company.
International companies –
- have no minimum capital requirements and shares may be of no par value ;
- may designate shares in most major currencies and may issue bearer shares ;
- need appoint only one director but there is no obligation to appoint a resident director ;
- must appoint a resident secretary who must be an officer of a registered trustee company. Additional non-resident secretaries may be appointed ;
