Cook Islands Financial Services Development Authority
P.O. Box 3255,
Clarkes Building,
Parekura,
Rarotonga, Cook Islands
Cook Islands
(682) 21-175
enquiry@fsda.gov.ck
www.cookislandsfinance.com
The Cook Islands is a recognized jurisdiction for the establishment of international trusts. The emphasis in the past has been on protecting trust assets from frivolous and sometimes vexatious claims by third parties against settlors. Cook Islands international trusts and private trust companies are also used for intergenerational wealth management.
In 2013 the Cook Islands passed the Captive Insurance Act 2013 (the “Act”) and placed itself at the forefront in the Asia Pacific region of an industry that is continually growing and seeking strong well respected jurisdictions from which to establish and administer captive insurance structures. The Act was passed in response to market demand and contains features which, together with the benefits of doing business in the Cook Islands, provide strong technical and commercial reasons for organisations to incorporate Cook Islands captive insurance into their business plans.
Well known for its trust legislation, the Cook Islands also offers corporate entity formation through International Companies, Limited Liability Companies, Foundations, and International Partnerships. Legislation also allows for various insurance services including Captive Insurance, and the jurisdiction maintains access to premium banking services through relationships with international banks. Trust companies also provide a wide array of administrative services to allow centralized and efficient operation of client structures. The jurisdiction also has a strong Maritime Registry with representatives in countries all over the world, including China. As the client composition of the jurisdiction continues to diversify, the integration of multinational wealth and corporate services in an international best practices framework strengthens the quality of industry work.
Located in the heart of the Pacific, the Cook Islands provides a full range of corporate, trust, and financial planning services in a globally advantageous business environment. Whether you represent large corporations, closely held businesses, family offices, or individuals, you will find everything you need in the Cook Islands.
