Niue RM offers I.B.C. incorporation services and ongoing company management in Niue. We provide readymade shelf companies as well as a "Name of your choice" service. Ongoing Registration agency and registered office services are provided for as well as legal advice and support services.

Niue

General Information on this jurisdiction.

GENERAL

Niue is situated in the South Pacific Ocean on the eastern side of the date line, in the heart of Polynesia. A short flight from New Zealand, it shares approximately the same time zone as Hong Kong and other key Far East locations.

Niue is a self governing nation under the authority of the Niue Constitution Act 1974 which came in to effect on 19th October 1974. Niue is a British Commonwealth Associate and has the protection of the British Crown. Her Majesty The Queen of England is the Head of State in right of New Zealand. The Niue flag incorporates the British Union Jack.

Niue is a Westminster style democracy comprised of 20 members and the official commercial language is English.

Niue's International Business Companies are incorporated under and regulated by the International Business Companies Act 1994. Niue has also enacted comprehensive legislation and regulations regarding Niue Development Bonds, Trust/Trustee Comapnies, banks, off-shore Banking and off-shore insurance matters.

INTERNATIONAL BUSINESS COMPANIES

Since their creation in 1994 there are a growing number of I.B.C. Companies being registered in Niue. Mossack Fonseca & Co (UK) Limited provide a professional IBC Company Formation and administration service and have a stock of ready made Companies at their London office. Apart from the usual I.B.C benefits, there are a number of extra advantages in Niue IBC Companies.

COMPANY NAMES

Names can be incorportaed in Chinese characters as well as Cyrillic script and other language forms [with english translation]. Name availability is excellent.

COMPANY SEAL

The Company seal is optional and not mandatory.

TAXATION

IBC's are exempt from all local tax and stamp duty.

ASSET PROTECTION

Maximum security of assets includes the ability to transfer domicile.

CONFIDENTIALITY

There is no requirement for an IBC to file accounting or director information with the Registrar of Companies.

FLEXIBILITY

IBC's can re-acquire and re-issue shares for a consideration other than cash denominated in any currency.

APPLICATIONS

Applications include; investment, property holding, financial management, general trading and copyrighting or licensing.

Requirements for IBC Companies: One Director and one Shareholder - each of whom may be and individual or Corporate body.

Formation: Only one subscriber (which is the Registered Agent) may incorporate the IBC. Memorandum and Articles of Association are standard.

Shelf Companies: We have a number of already existing companies for sale. These companies have never traded or engaged in any transaction whatsoever.

Name: The use of the following words is restricted: "Assurance," "Bank", "Building Society", "Chamber of Commerce", "Chartered", "Cooperative", "Imperial", "Municipal", "Royal", or any word conveying a similar meaning. Endings such as "Limited", "Corporation", "Incorporated", "Soci‚t‚ Anonyme", or"Sociedad An˘nima" or its abbreviations may be used.

Objects: Ultra vires doctrine is applicable.

Shareholders: There are no limitations as to number or nationality.

Shares: Bearer, nominative, par or no par value shares, as desired.

Capital: No minimum or maximum authorised share capital. Our standard share capital amounts to US$50,000.00.

Directors/Officers: There are no requirements in respect of nationality. It could be one or more. Companies may be directors. We can assist you with the provision of two nominee companies to serve as directors upon our receiving acceptable references from the relevant parties. We would like to point out that our nominee directors cannot act as authorised signatories in bank accounts.

Directors' Meetings: Directors's meetings may be held in any part of the world.

Shareholders' Meetings: Shareholders's meetings may be held in any part of the world. The quorum will depend on what is set forth in the Articles of Association.

Resolutions: No special formalities need to be followed.

Company Seal: Optional.

Accounting: There is no need to file annual accounts or tax returns.

Auditing: Not applicable.

Registered Agent/Registered Office: Niue I.B.C.'s are required to have a registered agent in Niue. Registered Office should also be in Niue.

Taxation: Full exemption from taxation.

Note: I B C Companies may not:-

1. Carry on business with residents of Niue, but is permitted to maintain contact with professional firms
2. Own Property in Niue apart from a business office.