HIGHLIGHTS:
- International Partnerships introduced
- Guarantee and "Hybrid" Companies now permitted
- Re-domiciliation concessions
- Improved Prudential Supervision of Offshore Banking
- International Insurance Act amendments
During July 1998, the Government of Samoa passed legislation to significantly upgrade its offshore legislation. The new legislation reconfirms the Government's objective of enhancing the range of products offered to the international investor, whilst preserving the credibility of its offshore finance centre.
The new and more significant amending legislation is summarised below.
INTERNATIONAL COMPANIES
Companies Limited by Guarantee and by Shares and Guarantee
