{"id":4240,"date":"2021-05-28T12:19:03","date_gmt":"2021-05-28T09:19:03","guid":{"rendered":"http:\/\/prifinance.loc\/uncategorized\/nauru\/"},"modified":"2023-09-05T19:20:17","modified_gmt":"2023-09-05T16:20:17","slug":"nauru","status":"publish","type":"post","link":"https:\/\/prifinance.com\/en\/low-tax-company\/nauru\/","title":{"rendered":"Company registration in Nauru"},"content":{"rendered":"<div class=\"info-block\">\n<p>Nauru is the world&#8217;s smallest republic with no capital city. It is located in the Pacific Ocean. In addition to tourism, the jurisdiction can be interesting for doing business, as it offers favorable opportunities for offshore registration.<\/p>\n<h2>Advantages of registering offshore in Nauru<\/h2>\n<p>Having a company in Nauru is profitable because of the following advantages of the region:<\/p>\n<ul>\n<li><em><strong>no applicable taxes for local companies;<\/strong><\/em><\/li>\n<li><em><strong>high level of business confidentiality and bank secrecy;<\/strong><\/em><\/li>\n<li><em><strong>the simplicity of the process of incorporation and maintenance of companies;<\/strong><\/em><\/li>\n<li><em><strong>absence of currency control.<\/strong><\/em><\/li>\n<\/ul>\n<\/div>\n<div class=\"info-block\">\n<h2>How to register a business in Nauru?<\/h2>\n<p>Opening or buying a business in Nauru as an international business company (IBC) is possible. It is a company with limited financial and legal responsibility of the participants &#8211; only within the limits of the shares they own. It can be founded by one participant (individual or legal person) and require one director.<\/p>\n<\/div>\n<div class=\"info-block\">\n<h2>Procedure for registering a company in Nauru<\/h2>\n<p><strong>To open a company in Nauru, you must go through a series of interrelated steps:<\/strong><\/p>\n<ol>\n<li>Formalizing a relationship with a local registered agent.<\/li>\n<li>Selection of a business name for a company in Nauru.<\/li>\n<li>&gt;Search and registration of an official address for the company in Nauru.<\/li>\n<li>Drafting and execution of incorporation documents (company memorandum and articles of association) and registration forms.<\/li>\n<li>Payment of incorporation fees and filing package of documents for review.<\/li>\n<li>Formalize the company in Nauru for tax purposes and mandatory social contributions.<\/li>\n<li>Opening bank accounts for a company in Nauru.<\/li>\n<li>Obtaining additional permits and licenses (e.g., for insurance and financial activities).<\/li>\n<\/ol>\n<\/div>\n<div class=\"info-block\">\n<h2>Regulatory environment and taxation in Nauru<\/h2>\n<p>Foreigners have full access to the benefits of the jurisdiction equally with local citizens &#8211; 100% foreign ownership is allowed. Nauru has no minimum share capital or tax requirements. Still, citizens from the U.S. and other highly developed nations must report income earned in Nauru to the country of residence. This nuance allows Nauru to be offshore without being blocked by the FATF as a country with a potentially high risk of money laundering.<\/p>\n<\/div>\n<div class=\"info-block\">\n<h2>How Prifinance lawyers can assist<\/h2>\n<p>Suppose the task of buying a company in Nauru or opening a business in Nauru has come up. In that case, the lawyers at Prifinance are ready to develop an individual plan for registration and support of the business to provide it with the maximum benefits.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Nauru is the world&#8217;s smallest republic with no capital city. It is located in the Pacific Ocean. In addition to tourism, the jurisdiction can be interesting for doing business, as it offers favorable opportunities for offshore registration. Advantages of registering offshore in Nauru Having a company in Nauru is profitable because of the following advantages [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[349,267,6],"tags":[109,386],"class_list":["post-4240","post","type-post","status-publish","format-standard","hentry","category-oceania-en","category-low-tax-company","category-uncategorized","tag-nauru","tag-nauru-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Company registration in Nauru | Prifinance Company<\/title>\n<meta name=\"description\" content=\"We offer company formation and bank account opening services in Nauru. New registration and ready-made options. 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