|Registering a Foreign Company in the Cook Islands|
The Cook Islands International Companies Act 1981-82 (the "ICA") also governs the registration and activities of Foreign Companies in the Cook Islands.
Once all required information, and the initial fees have been received registration can be completed within 24 hours. There are two levels of information required:
Upon registration the Registrar issues a Certificate which is valid for a period of 12 months and which may be renewed upon payment of the prescribed fee.
A company incorporated outside the Cook Islands and wishing to register as a foreign company pursuant to the Act is required to lodge the following documents with the Registrar. These documents should be sent to a Cook Islands trustee company in the first instance and they will provide to the Registrar the correct forms.
Due Diligence Requirements
Every Director and Shareholder of the Foreign Company must complete a client information form and provide information such as full name, residential address, place of birth, nationality etc. They must all also provide a copy of their passport certified as a true copy by a lawyer, banker, or court official and an original utility bill or bankers reference including the individual's name and address.
If any of the Directors or Shareholders are themselves corporate entities then the trustee company will require all of the information listed in (a)-(c) above. The directors or shareholders of those entities will also be required to provide the same level of due diligence information.