Companies Registry Goes Online in Samoa

APIA, SAMOA – A new online Companies Registry, which was funded by the Asian Development Bank (ADB) and will improve efficiency of business processes in Samoa, will be launched today by the Ministry of Commerce.

“The registry is a time-saver, is easy to use, and eventually it will mean that people can register their companies online from remote areas, without having to travel to Apia to do so,” said the Deputy Prime Minister and Minister of Commerce, Industry & Labour, Fonotoe Nuafesili Pierre Lauofo.

The paperless registration process will allow business owners to register a company and update company details from anywhere with an internet connection. The online registry will also be accessible for company searches.

"The new Companies Registry will ultimately make it easier for local people to conduct business in Samoa," said Andrea Iffland, Regional Director of ADB's Pacific Liaison and Coordination Office. "The registry will also help reduce the cost of doing business, encourage compliance, improve transparency, and ensure fair trading and consumer protection through appropriate regulation."

The Samoa Companies Registry Office will be a contact point for businesses, and a resource for learning more about current business law in Samoa. The office will also be responsible for the management of the registry, which is available to the public on the internet via www.companies.gov.ws.

ADB is working closely with the Government of Samoa to help modernize business laws and increase access to finance opportunities. The Companies Act reform work is part of the Pacific Private Sector Development Initiative (PSDI), financed by ADB and the Government of Australia. PSDI is supporting the efforts of ADB Pacific developing member countries to encourage private sector led, sustainable economic growth.