Company registration in Palau

Name of service Bronze Silver Gold
Check and reserve of the company name Obtaining approval from the registrar for the company name
Company registration, including state fees Preparation of a full package of documents, depending on the chosen form of ownership, cooperation with the relevant authorities prior to obtaining information on company registration
Legal address for 1 year We provide a legal address for your company in this jurisdiction, eliminating the need to purchase or rent real estate
Support in opening an account Collection, preparation and submission of the necessary documents for opening a corporate account
Services of local director for 1 year Providing a resident director of a given jurisdiction or the EU, which is necessary for registering a company and opening an account at a local bank
Total cost
Оn request Оn request Оn request
Accounting services
Оn request Оn request Оn request
Annual renewal (paid from the second year)
Оn request Оn request Оn request

Deal of the month

If you will register a company until 30th of June,
opening a bank account is for FREE

Start registration
Pricelist
6 easy steps to get started
  • 1

    Select your
    preferred jurisdiction

  • 2

    Choose a bank
    that meets your
    company's needs

  • 3

    Pay for our services
    using a convenient
    payment method

  • 4

    Receive all necessary
    corporate documents

  • 5

    Receive details
    for your newly opened
    bank account

  • 6

    We'll deliver the original
    documents directly
    to you

The Republic of Palau has a tightly clustered archipelago of about 300 islands. It is an independent country that has signed the Compact of Free Association with the United States. This fact makes the idea of buying a company in Palau more attractive. In addition, the United States provides the Republic with economic aid and access to federal services and programs, permits citizens to reside in U.S. states and territories, and assumes responsibility for defense and security. A favorable tax regime is the main reason foreign investors are interested in establishing a business in Ngerulmud or any other city in Palau.

Advantages of registering a company

  • intensive growth of the economy;
  • absence of foreign exchange controls;
  • access to the large U.S. market.

Main forms of legal presence and doing business

  • limited liability company (LLC);
  • private company.

Registration procedure

  • Obtain permission for foreign investments;
  • Deposit the authorized capital into a bank account;
  • Check the uniqueness of the chosen company name in the Commercial Register;
  • Register the company with the Corporate Registrar in Palau;
  • Obtain an Employer Identification Number (EIN);
  • Register with the social security system;
  • Open a corporate bank account;
  • Obtain licenses and permits for conducting business.

Legislation and regulatory environment

The Foreign Investment Law is the primary legal act regulating non-resident entrepreneurs' activity in the country. According to this law, investors can open a firm in Palau only after obtaining the appropriate Certificate. The conditions for its issuance are:

  • Making capital investments of at least $500,000;
  • Employment of at least 20% of the total number of citizens of the Republic.

If these requirements are met, foreign investments will be evaluated according to economic necessity, usefulness, and impact on the social and cultural sphere.

Tax system

  • corporate tax - 12% (for income over $50,000);
  • PIT - 6% to 12% (depending on income level);
  • VAT - 10%;
  • dividend tax - 0%;
  • no capital gains tax.

Open a business in Palau: how the lawyers of Prifinance can assist

Prifinance lawyers will advise on the possibility of doing business in the Republic, select the appropriate legal form of activity, and support with bureaucratic procedures and administrative issues. With our assistance, you can buy a ready-made company in Palau. The specialists of Prifinance also deal with bookkeeping and the company's annual maintenance.

Cooperation

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