Niue is one of the largest coral Islands in the world. Its economy depends largely on New Zealand, which is a three-hour flight. At present, three important sources of revenue for the Island are the food processing of local crops, sale of collection postage stamps and tourism. However, the main efforts are directed towards the tourism and the financial services industry. Niue is not very well known yet as an offshore jurisdiction. It also presents the considerable advantage to offer total confidentiality and anonymity. The telecommunications are a weakness of this Island. There is no port, only an offshore anchorage and thus Niue is not suitable for shipping. There is no exchange control and no tax on offshore profits. Niue did not sign any Double Tax Treaties.

IBC

The statutory requirements in Niue are minimum. The corporate books and seal are optional. There is no requirement to maintain files or to audit the accounts and there is no annual return to be filed. Together with low government Licence Fee, and IBC in Niue is quite inexpensive. However, the Licence Fee must be paid strictly on the 31st of May every year. This fee does not depend on the authorised share capital. The corporate documents and the name of the IBC may be in any language. However if not in English, they must have a certified translation in English. Although a Niue is not allowed to trade with Niue residents, it can be in contact with professional firms such as accountants, lawyers etc. It cannot own any real estate in Niue apart from a business office. It cannot undertake licensable business such as Trusteeship, Banking, Insurance etc. It is important to note that an IBC cannot offer their shares to the public or seek public funds.