Offshore Incorporation: Cook Islands Company

It can be a matter of good wealth management to seek offshore incorporation. Indeed, there are a number of countries that offer the advantages of privacy and tax shelter so that you are better able to manage your money. One of these countries is the Cook Islands.

Cook Islands

The Cook Islands are located to the northeast of New Zealand in the South Pacific. These islands are rather small: the total land areas is about 240 km square, but the ocean over which the Cook Islands are spread totals about 2.2.million km square. The Cook Islands are located between Fiji and French Polynesia. The Cooks Islands has a government form of Parliament, but it is also associated with New Zealand.

Creating a Cook Islands company takes about five or six business days, and can be done fairly easily. There should be at least one Director, and you should have a local Secretary. The single Shareholder may be the same person as the Director. It is worth noting that company officer names do not appear in public records, and that financial statements do not need to be filed. However, a return is required, and a Cook Islands offshore company should not do business with residents of the Cook Islands.

It is a good idea, when setting up any offshore company, to have a trusted agent to help you navigate the paperwork and understand the laws of the country.