The ISO code of Niue is NU according to the ISO 3166 standard. The local name of the country is the same as its English name. Niue capital city is Alofi. People in Niue speak the Niue, and English languages. In the year 1994, Niue emerged as a sovereign political entity.
Niue is located in the UTC -11:00 time zone, which is also called Niue Time or NUT. The internet country code top-level domain (ccTLD) for Niue is .nu. The International dialing code for Niue is 683. People in Niue drive on the left side of the road. Total land area of Niue is 261 km² (approx. 101 mi²). Niue is not a landlocked country. It means that is is bordered by at least one major body of water.
Niue is located in Oceania. Niue is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life.
Currently Niue faces various issues, including loss of soil fertility from traditional slash and burn agriculture.
Doing business in Niue
We offer various corporate services in Niue jurisdiction. These services can serve both, people coming from Niue and foreigners. If you plan on doing business in Niue you might be interested in contacting us.
To find out about starting your business in Niue click on company formation in Niue.
To find out how to open a bank account in Niue and moreover what type of account Confidus Solutions suggests to create, please click on bank account in Niue.
Choose preferred service below or continue reading to find out more about Niue.
Demographics of Niue
In Niue, the population density is 6.18 people per square kilometer (16 per square mile). Because of this statistic, this country is considered to be very sparsely. The median age is approximately 19.7 years. In Niue, 47.2 in every 100 people use internet.
The majority religion of Niue is Christianity, Niue is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Click on a link to read more on demographics of Niue.
Culture of Niue
People in Niue speak the Niue, and English languages. One of the most popular national dishes of Niue is grilled fich and fish stew. To read more click on culture of Niue.
Geography of Niue
Niue is considered to be a large nation because of its total area. Its total land area is 261 km² (approx. 101 mi²). Niue is located in Oceania. Its capital city is Alofi. Niue has no land borders.
The highest point of Niue is an unnamed location, with its official height being 68 m (223 ft). Including land mass and EEZ, the total area of Niue is approximately 261 km² (~101 mi²). The most notable natural resources found in Niue are fish, arable land.To read more click on geography of Niue.
Economy of Niue
The symbol used for this currency is $. 10.7% of population in the country are unemployed. Each year, Niue exports around $0 billion and imports roughly $0.01 billion. Niue has a government debt of 41% of the country's Gross Domestic Product (GDP), as assessed in 2014. Niue is considered to be a developing nation. The developmental stage of a nation is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality, and quality of life. Major industries in the country are handicrafts, food processing.
The total Gross Domestic Product (GDP) assessed as Purchasing Power Parity (PPP) in Niue is $0 billion. The corporate tax in Niue is set at 30%. Personal income tax ranges from 10% to 30%, depending on your specific situation and income level. VAT in Niue is 12.5%. To read more click on economy of Niue.
Infrastructure of Niue
There are 79,508 internet hosts in Niue. Niue has 1 airports nationwide.
To read more click on infrastructure of Niue.
Politics of Niue
Niue, is a unitary parliamentary constitutional monarchy. The head of the government is Elizabeth II.
In Niue, the legislative power is vested in a Assembly. To read more click on politics of Niue.
Environment of Niue
Niue emits 4.77 metric tons per capita of CO2. To read more click on environment of Niue.
Company formation in Niue
The development of telecommunications and economic globalization has made it possible for interested investors to form companies around the world. With proper research, financial investments, and legal backing, business ventures can safely be established in Niue.
When establishing a company in Niue, an interested investor must do due diligence with regard to legal processes, international regulations, and sufficient investment for success. It is critical to understand cultural, social, and political factors of Niue that will affect the establishment and growth of one's business. Contact us or click on company formation in Niue to read additional information when setting up a business.
Bank account opening in Niue
With the right paperwork and initial outlay, it is possible for a foreign citizen to open a bank account in Niue. This opportunity for international accounts and investments offers several advantages based on economic regulations and tax structures. Interest rates and fees vary depending on your interests.
When considering opening a bank account in Niue, one must enlist the help of international experts to guide them through the process. To find out more about our banking services click on bank account in Niue or contact us.