What are the types of companies in Samoa?

There are different types of companies in Samoa. These company types are:

1. Personal Company (Sole Proprietorship): It is a type of company that is operated personally and in which the owner assumes all responsibility.

2. Partnership: It is a type of company established by a partnership agreement between two or more people. Partners share their share of profits and losses and bear responsibility for the company.

3. Limited Liability Company (LLC): It is a type of company in which the partners have limited liability. The personal assets of the partners are protected against the company's debts.

4. Company: It is a type of company owned and managed by partners through shares. The company operates under the responsibility of shareholders.

5. Public Company: It is a type of company that is open to the public and offers its shares to the public. Public companies distribute dividends to their shareholders and must comply with transparency requirements. Each of these company types can have different advantages and disadvantages. When choosing a company type, factors such as the business owner's needs, goals, and risk tolerance should be taken into account.