• Phone: (+682)24296
  • Email: btib@cookislands.gov.ck
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Why the Cook Islands

Reasons to Invest in the Cook Islands

  • A Government which welcomes and encourages local and foreign investment
  • Attractive Life-style in a relaxed and safe environment
  • Developed infrastructure for business, quality housing for expatriate staff and good health and education services
  • No Foreign Exchange Controls
  • Freedom to repatriate capital and profits
  • No Wealth Tax
  • No Gift Tax
  • No Property Tax
  • No Capital Gains Tax
  • No Death Duty Tax
  • Income Tax (company) 20% for residents, 28% for non residents
  • Value added Tax - 15%
  • Withholding Tax – Foreign pay-outs - 15%
  • (On interest, dividend, and royalty)
  • Sophisticated telecommunication links with the rest of the world and almost daily air services to New Zealand, Australia and the USA
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Population

14,974

Tourism Visitor Arrivals

155,230 (2016 – 2017)

Gross Domestic Product (GDP)

NZD334.8 Million (2010)

GDP per capita

$100.6 million

Statutory Minimum Wage

NZD$7 / hour

Imported products are zero rated.

Except for the following:

  • Tobacco
  • Alcohol
  • Petroleum
  • Seasonal Produce
  • Seasonal Produce

Trading Banks:

  • ANZ
  • Westpac Banking Corporation
  • Bank of theCook Islands (BCI)

Airlines: International Daily:

  • International Flights to NZ: Australia, Honolulu, Los Angeles on code-share services provided by Air New Zealand, Pacific Blue, & Tahiti Airlines.
  • Domestic: Air Rarotonga flies daily to the Southern Group, and twice weekly to the Northern Group

Shipping:

  • International: Monthly Break-bulk and containerised Shipping except Auckland, Samoa, Fiji, Tonga.
  • Domestic: Scheduled Weekly Services to Southern and Northern Group Islands

Languages:

  • English, Cook Islands Maori
  • Pristine & Unspoiled Environment, No Dangerous Animals, No Poisonous Insects, No Lethal Viruses.

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