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Incorporate in Cook Islands
$2,350.00
Set up a Cook Islands Company
The Cook Islands’ Limited Liability Companies Act was enacted in 2008 to enhance its offshore sector offer. Following the model adopted in several U.S. States, a Cook Islands LLC is a flexible entity that allows to form its structure according to its operating agreement, rather than dictated by rigid legal statutory mandates.
A Cook Islands LLC is a hybrid of both partnership and corporate structures, protecting LLC members from the debts incurred by the entity and separating the rights of its members and that of the LLC.
Besides the aforementioned structural flexibility, Cook Islands LLCs benefits from confidentiality, no reporting requirements, and tax-exemption.
The Cook Islands are an offshore financial destination distinguished for its asset protection laws, ensuring the assets of foreign Cook Island investors.
A creditor cannot issue a charging order or interfere with the operations of an LLC nor seize, liquidate or force the dissolution of the company, any member of a Cook Islands LLC with a charging order can still act and exercise their rights as a member and any order that is a result of judgment in another location outside of the Cook Islands will not be enforced or recognized in the courts of Cook Island.
A Cook Islands LLC used in conjunction with a Cook Islands International Trust, may be one of the best asset protection tools available worldwide.
In the Cook Islands, the two most common corporate structures are the International Company (IC), incorporated under the International Companies Act 1981-1982, and the Limited Liability Company (LLC), registered under the Limited Liability Companies Act 2008.
Since 2019, we mainly incorporate limited liability companies as they still maintain tax-exempt status.
Note that our incorporation and annual corporate service fees are “all-included fees”, and cover all the required services to incorporate a Cook Islands Company, and keep it in good standing, as well as government fees and duties, disbursements such as courier fees, and assignments such as the preparation of a certificate of incumbency, and the notarization of documents, which are generally required for opening bank accounts.
Cook Islands Company (LLC) Formation and First-Year Fees – USD 2,350.00 (All Included)
- All Applicable Registration and Government Fees (Registrar of Companies)
- Acting as the Organizer of the Limited Liability Company
- Filing the Company with the Registrar of Companies
- Providing the Certificate of Organization issued by the Registrar
- Providing the Entity Extract
- Preparing the company Operating Agreement (including unlimited reviews)
- Preparing the Register of Members and Register of Managers
- Providing Registered Agent Services for one year
- Providing Registered Office Services, including service address, for one year
- Preparing and executing a Certificate of Incumbency
- Preparing Notarized Copies of the Corporate Documents
- Delivering Notarized copies of the Corporate Documents via Courier, inclusive of Courier fees
Cook Islands International Company (IC) Formation and First-Year Fees – USD 2,750.00 (All Included)
- All Applicable Registration and Government Fees (Registrar of Companies)
- Preparing the Memorandum & Articles of Association, and file them with the Registrar of Companies
- Providing the Certificate of Incorporation issued by the Registrar, and the filed M&AA
- Providing the Entity Extract
- Preparing the First Board Resolution resolving the issuance and allotment of shares, the appointment of directors, registered office, and other corporate matters.
- Preparing the Directors’ Acceptance Letter
- Preparing the Register of Members and Register of Managers
- Providing Registered Agent Services for one year
- Providing Registered Office Services, including service address, for one year
- Preparing the Shares Certificates
- Preparing and executing a Certificate of Incumbency
- Obtaining Tax Identification Number
- Preparing Notarized Copies of the Corporate Documents
- Delivering Notarized copies of the Corporate Documents via Courier, inclusive of Courier fees
Time to form
It generally takes us one day to prepare the incorporation documents and file the company with the Registrar. The Registrar generally issues the Certificate of Organization/Incorporation and Entity Extract within the same day or the following day.
Bank Account Opening Services (Optional)
We assist you in opening a bank account for the Company in Cook Islands.
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Cook Islands Bank Account - USD $ 600.00
Cook Islands Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsCapital Security BankUSD 20,000YesUSD, EUR, GBP, CAD, NZD, AUD, SGD, HKDYesClients can have a corporate account for operational purposes only if they open an investment account as well.
Note that we can also open overseas bank accounts for Cook Islands companies in the following offshore jurisdictions:
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Antigua Bank Account - USD $ 300.00
Antigua Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsGlobal Bank of CommerceUSD 25,000YesUSD, EUR, GBPYesDBankUSD 10,000YesUSD, EURYesNorth International BankUSD 5,000YesUSD, EURYes
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Bahamas Bank Account - USD $ 500.00
Bahamas Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsDeltecUSD 1,000,000NoMulticurrencyYesEFG BankUSD 1,000,000NoMulticurrencyYesCapital Union BankUSD 1,000,000NoUSDYesHigh Turnover Individuals, Family Offices, Fund Managers and Asset Managers only
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Belize Bank Account - USD $ 300.00
Belize Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsCaye BankUSD 1,000YesUSD, EUR, GBP, CAD, CHF, AUD, AED, CNY, SEK, NOKYesHeritage BankUSD 3,000YesMulticurrencyYesBelize Bank InternationalUSD 4,000NoEUR, GBP, USDYes
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BVI Bank Account - USD $ 900.00
BVI Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsVP BankUSD 250,000NoMulticurrencyYesBank of AsiaUSD 20,000NoUSD, GBP, HKDYes
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Cayman Islands Bank Account - USD $ 700.00
Cayman Islands Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsCayman National BankUSD 100,000YesUSD, EUR, GBP, CAD, AUD, JPY, SEK, CHFYesNCB Cayman LimitedUSD 100,000YesUSD, EUR, CAD, GBPYes
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Curaçao Bank Account - USD $ 500.00
Curaçao Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsExprinter International Bank N.V.USD 100,000YesMulticurrencyYes
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Dominica Bank Account - USD $ 300.00
Dominica Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsEqiBankUSD 15,000YesUSD, EUR, GBPYesKingdom BankN/ANoEUR, USDYesSWIFT transactions are carried out only through a pool account in the name of the bank.
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EMI Bank Account - USD $ 300.00
EMI Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsUK EMI AccountN/ANoEUR, GBPYesLT EMI AccountN/ANoMulticurrencyYesMT EMI AccountN/ANoEURYesCA EMI AccountN/ANoEURYesKZ EMI AccountDepending on category.NoMulticurrencyYesHK EMI AccountN/ANoUSD, EUR, GBP, HKDYesCurrently, the Neat account is available for businesses incorporated in Hong Kong, Australia, BVI, Cayman Islands and New Zealand only.IE EMI AccountN/ANoEUR, MulticurrencyYesSingapore EMI AccountN/AYesSGD, USDYesOnly companies incorporated in APAC jurisdictions.
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Gibraltar Bank Account - USD $ 1,200.00
Gibraltar Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsTuricum Private BankUSD 200,000NoUSD, EUR, GBPYesMoneycorp Bank Limitedcase-by-caseNoMulticurrencyYes
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Hong Kong Bank Account - USD $ 2,000.00
Hong Kong Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsDBS BankHKD 200,000YesHKD, USD, MulticurrencyYesA business nexus in Hong Kong is strictly required, in the form of clients, suppliers, employees or other counterparties.
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Isle of Man Bank Account - USD $ 1,200.00
Isle of Man Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsCapital International BankN/ANoUSD, EUR, GBPYes
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Labuan Bank Account - USD $ 500.00
Labuan Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsBank IslamUSD 10,000NoUSD, JPY, SGD, EUR, GBPYesMayBank International Labuan BranchUSD 25,000NoUSD, EUR, CAD, CHF, GBP, HKD, SGD, JPY, THB, AEDYesCitibankUSD 250,000NoMulticurrencyYes
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Liechtenstein Bank Account - USD $ 1,200.00
Liechtenstein Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsAlpinumCHF 250,000NoMulticurrencyYesCompanies conducting commercial activities (as opposed to only holding assets) must have a physical presence in the form of offices and employees in the country where it is incorporated or tax resident.Bendura BankUSD 500,000NoMulticurrencyYes
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Luxembourg Bank Account - USD $ 1,200.00
Luxembourg Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsEast West United BankN/AYesUSD, EUR, GBP, RUB, CHFYesCompanies conducting commercial activities are expected to conduct at least 30 incoming / outgoing transactions per month.
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Mauritius Bank Account - USD $ 600.00
Mauritius Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsBank OneUSD 25,000YesMulticurrencyYesCompanies must have some form of business connection to Africa in the form of clients, suppliers or investments.InvestecUSD 50,000YesMulticurrencyYes
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Panama Bank Account - USD $ 1,200.00
Panama Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsMMG BankUSD 10,000YesUSD, EUR, CHF, GBP, CADYesCredicorpUSD 50,000YesUSD, EURYesCapital BankUSD 20,000YesUSDYes
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Puerto Rico Bank Account - USD $ 300.00
Puerto Rico Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsFV BankCase by caseYesUSDYesStrategic BankUSD 100,000NoUSDYesArival BankN/ANoUSDYesCB International Bank LLCN/ANoMulticurrencyYes
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Saint Lucia Bank Account - USD $ 300.00
Saint Lucia Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsPROVEN BANK (Former BOSLIL)USD 5,000YesUSD, EUR, GBP, HKDYes
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Seychelles Bank Account - USD $ 500.00
Seychelles Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsAl SalamUSD 25,000YesUSDYes
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Singapore Bank Account - USD $ 900.00
Singapore Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsOCBC BankUSD 30,000YesUSD, SGD, AUD, CAD, HKD, NZD, GBP, EUR, JPY, CHFYesNexus in the form of client/supplier/partner/contractor in Singapore required.RHBSGD/USD 30,000NoMulticurrencyYesNexus in the form of client/supplier/partner/contractor in Singapore required.DBS BankSGD 250,000YesMulticurrencyYesNexus in the form of client/supplier/partner/contractor in Singapore required.UOB BankSGD 350,000YesMulticurrencyYesNexus in the form of client/supplier/partner/contractor in Singapore required.Credit SuisseUSD 3,000,000NoUSD, SGDYesBank of ChinaSGD 100,000NoUSD, SGD, EUR, GBP, NZD, RMB, AUD, JPY, HKD, CHF, CADYesNexus in the form of client/supplier/partner/contractor in Singapore required.
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Switzerland Bank Account - USD $ 1,200.00
Switzerland Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsmbaerCHF 5,000NoMulticurrencyYesCompanies must have an expected turnover of at least CHF 3,000,000SygnumCHF 3,000,000NoMulticurrencyYesDeposit must be maintained in crypto assets held through the bank's custody services.Credit SuisseCHF 1,000,000YesMulticurrencyYes
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USA Bank Account - USD $ 1,400.00
USA Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsUSA Bank AccountN/A (USD 250,000 preferred)NoUSDYesUSA Bank AccountTypically USD 25,000 - USD 50,000, for high right 500,000YesUSDYesAt least one US based signatory is required. Purpose to open an account in US is required.
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Vanuatu Bank Account - USD $ 500.00
Vanuatu Bank AccountBankMin DepositCardsCurrenciesRemoteCommentsPacific Private BankUSD 1,500NoEUR, GBP, USDYesOutgoing USD transactions cannot be facilitated.
In addition to the above jurisdictions, we may be able to open bank accounts in Cyprus, Gibraltar, Luxembourg, Liechtenstein, Lithuania, Latvia, Switzerland, and the Netherlands for Cook Islands holding companies and private wealth structures (no commercial activity) and Cook Islands companies conducting commercial activities via a branch office in the EEA. The availability of such accounts depends on a number of specific factors. Contact us for further information.
Our bank account opening service is not just a mere introduction to the bank. We assist you in filling out the business plan forms appropriately and help you understand and provide business details, commercial information, and purpose/use of the bank account that a given bank wants to know in order to approve your account application.
Banks want certainty and clarity on how the account will be used. Everything must be watertight. We will work with you to make sure there is minimal ‘back and forth’ and a smooth account opening process.
Nominee Services (Optional)
- Nominee Shareholder/Member Services – USD 1,900.00
- Nominee Director/Manager Services – USD 1,900.00
Annual Fees
Cook Islands Limited Liability Company (LLC) Annual Fees – USD 1,550.00 (payable one year after incorporation and annually thereafter)
- All Applicable Annual Government Fees
- Processing Renewal of Registration, and providing a new Certificate of Organisation for the relevant year
- Maintaining the Minute Book, Registers and Statutory Records
- Providing Registered Agent Services for one year
- Providing Registered Office Services, including service address, for one year
Cook Islands International Company (IC) Annual Fees – USD 2,250.00 (payable one year after incorporation and annually thereafter)
- All Applicable Annual Government Fees
- Processing Renewal of Registration, and providing a new Certificate of Organisation for the relevant year
- Maintaining the Minute Book, Registers and Statutory Records
- Providing Registered Agent Services for one year
- Providing Registered Office Services, including service address, for one year
- Preparing Annual Financial Statements (for calculation of taxes purposes, required for International Companies)
- Preparing and Filing Tax Return (required for International Companies)
Other Services (Optional)
- Establishment of Trusts, and provision of Trustee Services
- Secretarial Services
- Accounting Services
Please, contact us for further information.