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Niue, a tiny island nation in the South Pacific, boasts a small but dynamic economy with a handful of notable companies contributing significantly to its growth and development. Here''s a list of the top 10 companies in Niue, along with their industry, market influence, and key achievements:
These companies play a pivotal role in Niue''s economic development, contributing to employment, revenue generation, and the overall well-being of the island''s population. Their innovative initiatives and commitment to sustainability have positioned Niue as a thriving and resilient economy in the Pacific region.
The legal system in Niue is based on the English system of common law. The Island is a self-governed country lead by an assembly of twenty members, and the head of the assembly is the Premier. Niue relies on New Zealand for defense as well as international affairs. Furthermore, Niueans are considered New Zealand citizens.
In 1984, corporate offshore legislation came to the shores of Niue with the IBC Act of 1994. The introduction of this Act allowed for insurance and trust legislation to enable the Island to offer a complete range of offshore products.
The name of the IBC must indicate that the company has limited liability by ending in Limited, Corporation, or any foreign equivalent approved by the Registry. The following words cannot be used: Assurance, Bank, Building Society, Chamber of Commerce, Chartered, Co-operative, Imperial, Insurance, Municipal, Royal or Trust Company, or any derivatives thereof, without prior approval.
Company and limited company owners incorporating in Niue must have at least one shareholder. A government register of shareholders is optional. Bearer shares are also allowed for company formation in Niue.
The standard authorized capital for company and limited company owners incorporating in Niue is US $10,000 divided into 10,000 shares of US $ 1. The authorized share capital can be expressed in any currency, or in a mixture of currencies. The minimum issued capital is one share of no par value or one share of par value.
About Niue specific companies and products
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