Business License Renewal for 2025
This is to notify that ALL business licenses issued for the year 2024 will expire on 31st December 2024. Business License holders are therefore reminded to renew their 2024 business licenses starting Monday 2nd December 2024 to 31st January 2025.
| Renewal Fees | |
|---|---|
|
Sole Traders, Partnerships & others |
$282.00 p.a for each activity, per location |
|
Companies & Trustss |
$640.00 p.a for each activity, per location |
A Late Payment Penalty of $200 will be imposed on any business license which remains unpaid after 31st January 2025.
The application form can be uplifted from our offices at Level 4 Development Bank Building, Savalalo and our office at the Salelologa Market, or you can download the form from our website at: www.revenue.gov.ws
Business Licence Holders are advised of the following applicable requirements for business license renewal:
1) Completed Business license Renewal Form IR25 with the following attachments;
a. Valid passport or at least 2 legal forms of identification (e.g birth certificate, citizenship certificate, driver’s license).
b. Business bank statement (at least 3 months)
c. Confirmation of legal status of land business is operated. (applicable if your business location(s) has changed during the business year)
2) Completed Beneficial Ownership (BO) form IR24B (excluding Sole Traders) with the following attachments;
a. Valid ID of the BO (a valid passport or 2 other ID’s (e.g. driver’s license, birth certificate with a passport sized photo, valid citizenship certificate)
b. Confirmation of residence:
i. Utility bills recently issued under the name of each BO (e.g. cash power or
electricity bill, water bills, etc); and
ii. Bank Statement under the name of each BO
(The above requirements are applicable to all business licenses that have had changes to its beneficial ownership structure during the business year)
3) Updated Foreign Investment Certificate. (if applicable)
4) Any other supporting document as reasonably required by the Commissioner.
It is important to note that you must submit completed and signed forms to enable timely assessment and decision to your renewal application.
The Ministry emphasizes that it is an offence under the Business Licence Act 1998 for anyone to operate a business without a valid business licence.
For more information, please contact the Taxpayer Services Division at Level 4 of the Development Bank of Samoa (DBS) building or Savaii office at Salelologa on telephone 20411 / 21561 Ext 204, 232 ,401 and 403.
Faafetai
Seumanu Ieni Asani Sheppard
ACTING CHIEF EXECUTIVE OFFICER
