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Geographical
Location |
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Samoa
comprises of two large islands of Savaii and Upolu, small
islands of Manono and Apolima and several uninhabited islets
lying off the coast. It is situated in the centre of the Southern
Pacific Ocean, and east of the International Date Line, approximately
equidistant between Honolulu and Sydney.
The total land area is approximately 2,800 sq km, with the
capital and chief port, Apia locates in Upolu.
Thick tropical vegetation covers the islands, except the old
lava flows on the north coast of Savaii, the largest island
of Samoan group. On the shores and lower slopes there are
much second growth woodland, coconut and pandanus and other
coastal trees, with mangroves covering the tidal mudflats. |
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Population |
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Overall Samoa has a total population count of approximately 209,000.
The most populated region is North Western Upolu (NWU) which occupies
approximately 30% of total population, and Savaii makes up another
25%.
Samoa is made
up of 90% Samoans, which is followed by less than 10% Euronesians
(persons of European and Polynesian blood) and the rest are Europeans.
The sex ratio
of male to female is 1.39 to 1.
The literacy
rate in Samoa is 99%.
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Language |
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The main languages are Samoan Polynesian and English.
English is
the teaching language in all school. |
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Currency |
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The official currency is Samoan Dollar / Tala (SAT). |
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Economy |
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Samoa has traditionally
been dependent on agricultural exports, which occupied 50% of the
workforce, over 50% to GDP and 90% of exports, with fresh fish as
the main export item.
Recently,
tourism is the most fast growing industry in Samoa. |
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Government |
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Samoa has been administered by Britain, Germany and New Zealand in
various periods, which then became independent in 1962 and formed
a parliamentary government. .
There is a 47-member Legislative Assembly which is composed of 45
Matai title holders (the heads of each extended family) who are
elected by their peers, and 2 non-Samoan residents who are registered
on the Universal Voters¡¦ Roll. This Legislative Assembly elects
a Prime Minister who, with an 8-member Cabinet and the Head of State
make up the Executive Council.
Parliamentary
elections are held every 5 years. |
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Law
and Taxation |
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The legal system is based on the English Common Law.
The court system comprises the Magistrates Court, the High Court,
Supreme Court and the Court of Appeal. The first Superior Court
of Samoa possesses and exercises all the jurisdiction, power and
authority necessary to administer the laws of Samoa. While the Court
of Appeal of Samoa hears appeals on any judgment, decree or order
of the Supreme Court in either its civil or criminal jurisdiction.
The principal
corporate legislations are International Companies Act of 1987,
as amended, International Trusts Act, 1987, The Offshore Banking
Act, 1987, The International Insurance Act, 1988.
But there is
separate corporate legislation for domestic companies. |
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Local
Infrastructure |
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The modern international airport provides direct flights or connections
to USA, Australia, New Zealand, Fiji, Cook Islands, Hawaii and other
Pacific Islands.
The harbour at Apia can accommodate large passenger and cargo ships,
with regular shipping services to Europe, West Coast USA, Japan,
Australia, New Zealand and major Pacific Islands.
Samoa has an
excellent international telecommunications system with internet
services, facsimile and international direct dial, which is 24 hours
available. Further, international couriers are also being ready
at services.
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Advantages |
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Social, economic and political stability.
- Exemption from exchange controls.
- Excellent international telecommunications system.
- Well-developed commercial and economic infrastructure.
- Established international banking system.
- Exemption from Western Samoan taxation.
- Ready-made companies are available.
- Transfer of corporate domicile.
- Non-disclosure of beneficial ownership.
- Bearer shares and debentures may be issued. |
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