Being a general reminder on housekeeping of your Samoa company compliant with the relevant regulations in Samoa, please take actions to the following matters:
- Prepare financial statements for every financial year (ready for random inspections of the Samoa government)
- Notify Sertus any change to the ultimate ownership of your company as soon as you are aware of the change with an up-to-date structure chart as supporting in order to comply with the anti-money
laundering regulations; - Notify Sertus any change of the particulars of the directors, secretary, shareholders and UBO (e.g. renewed passport, new residential address, change of entity name, etc.) of your company as soon as you are aware of the change in order to keep up-to-date statutory records in place at the registered office; and
- Notify Sertus any change of the nature of activities of your company.
(Penalty Note: Non-compliance of maintaining accounting records and preparing financial statements is an offence, the company is liable to a fine not exceeding 100 penalty units, approx. USD3,700.)
We, being a regulated entity, reserve the right to terminate our services if any non-compliance of the clients or, due to clients’ non-response, we fail to comply with the relevant regulations.
If you have any questions regarding the above, please feel free to contact your Sertus Client Services Representative or contact us at info@sertus-inc.com.
Disclaimer Kindly note that this notice is not exhaustive but just intended to provide a general eference.
This is not a legal advice and should not be regarded as a substitute for a specific legal advice that meet your circumstances. Sertus does not accept any responsibility for any errors or omissions of the contents of this note.