|Nauru Company Formation and Offshore Bank Account|
Nauru is located in the Micronesian South Pacific and it is an island nation. The closest neighbor is the Banaba Island, which is part of Kiribati. With only a 21 sq. km surface, Nauru is the smallest nation in the world that is located on an island. It is also the smallest independent republic. The island’s capital is called Yaren. In the beginning, Polynesian and Micronesian people inhabited Nauru, but it was later annexed by Germany.
After World War I, Nauru was administered by UK, New Zealand and Australia. Independence was received in 1968. During half of the 20th century, Nauru benefited from the fact that it was an island of phosphate rock and the deposits were easy to mine. For around 70 years, it was a major phosphate exporter, but the resources ran out in the 80’s. Once these resources were gone, the once successful economy degraded significantly. There are around 10,000 people living on the island of Nauru and the country has a total GDP of $36.9 million. The GDP per capita is at $2,500. Their main currency is the Australian dollar and the time zone of the country is UTC+12.
Our offshore services include company formation and bank account opening service in Nauru.
We also provide mail forwarding, a website and email as well as telephone numbers that can be directly forwarded to any given destination in the world.
The Costs of incorporating in Nauru are $1,826 for the first and $1,045 for the following years. Incorporate Now >>