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Niue

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Registering a company in Niue in 2020

The main advantages of doing business in this jurisdiction:

  • A favorable tax climate;
  • A high level of confidentiality;
  • Foreign companies in Niue are exempt from a tax;
  • No audit requirements;
  • No requirements for the currency of an authorized capital.

A cost of registering a company in Niue is€ 1 575 

Terms of opening a business in Niue arefrom 2 days

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Niue or Savage is the smallest country in Polynesia and one of the largest coral atolls on earth. Niue is a self-governing country in partnership with New Zealand.

If you intend to open an offshore in Niue and to open an account in Niue, your decision will certainly confirm, that (according to the experienced lawyers of IQ Decision) the island government has opened it for foreign investors, has provided the favorable atmosphere for offshore companies since 1984.

First of all you need to register a unique name in Niue. For the first 72 hours your name is reserved for free, and after a small amount - for 1 month. You will also need to open a bank account in Niue.

If you decide to start a business in Niue, the most beneficial for foreign citizens is to register an IBC in Niue (with a limited liability). Ending must be “Limited”, “Corporation”, approved by a local Registry.

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If you intend to register a commercial firm in Niue, the jurisdiction has a number of requirements for this:
  • a local office and agent (a resident of this jurisdiction);
  • 1 director (can be a sharer);
  • 1 sharer of any jurisdiction (individuals and legal entities);
  • a state register is optional;
  • bearer shares are permitted;
  • shareholders are both individuals and legal entities.

IQ Decision specialists note, deciding to start a business in Niue, to open a bank account in Niue, the authorized capital of enterprises, owners of joint-stock firms should be equal to 10,000 US dollars. There are no requirements for the currency of the capital, the min issued capital is 1 share with or without par value.

It is beneficial to register an IBC in Niue, because all profits earned outside the borders of the island are tax exempt. Once a year, registration fees are paid for enterprises and owners of local joint-stock companies (usually about $150 a year).

IQ Decision Help: if you decide to set up a company in Niue, you are guaranteed a high confidentiality. A general obligation to protect confidentiality, which professionals are required to apply to their customers, applies here.

A registration term is from 2 to 10 days, reports are only for the annual income

Also, IQ Decision specialists will help you to buy a ready-made offshore in Niue.

The information in this article is relevant at the time of posting on the site.

We advise you to check with IQ Decision experts for possible solutions to your questions.

  • The information outlined in the article is actual at the time of its publication.

  • Please refer to our specialists for checking possible solutions for your business.

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