Overview of Location
Vanuatu is considered to be a natural offshore jurisdiction meaning that it has never imposed direct taxation for income received. Vanuatu International company can benefit from a flexible business-favorable environment that is set up by the VFSC – Vanuatu Financial Services Commission. In particular, Vanuatu IC companies can enjoy a full exemption for any income (including capital gains tax and withholding tax), business license fees, and stamp duties.
What is more, is that this location offers no obligation to hold an annual general meeting and does not oblige such companies to prepare and file audited accounts. Alongside the advantages offered, there are some restrictions that exactly international companies are not allowed to commence. Since this has been a special type of entity aimed to simplify its management for overseas investors and businesses, it has no access to the local market. International companies are not allowed to trade and provide services for Vanuatu residents, acquire property, or undertake some other actions.
Nevertheless, Vanuatu serves as a solid financial center that has introduced modern international standards and maintains high compliance with them. This location serves also as a ground for international businesses engaged not only in the trade of goods but the international financial services as well. The prominent example is Financial Dealers License that gives an opportunity to operate an offshore forex-licensed company.
Should you be looking for the expansion of business interests to a location with a stable economy, political, and business environment then Vanuatu is definitely an option to consider. Greater flexibility in IBC setup and management, full tax exemption for the business profits, comprehensive legal framework for financial licenses – these are a few samples of what your company can benefit from.
Required Documents
List of files necessary for setup.
- Certified copy of your passport;
- Certified copy of your utility bill;
- Curriculum Vitae;
- Police clearance certificate.
- All documents provided has to be in English or in French.
Features and Benefits
Peculiarities associated exactly with this jurisdiction.
- Annual maintenance of company: renewal of registered address, agent and state fees;
- Acquisition of apostilled documents upon request;
- Obtaining the offshore licenses for forex brokerage and other activities;
- Maintenance and annual review of UBO register.
Formation package includes:
- Our genuine daily support;
- Name availability check and reservation;
- 1-year covered state fees, registered address and secretary;
- Company duly licensed and ready for operations;
- Full set of initial corporate documents.
Formation Steps
Define your business activities and choose a name that suits your brand.
Name check and reservation. Preparation of the KYC (Know-Your-Customers) and other due diligence files.
Registering an entity with the Vanuatu Financial Services Commission (VFSC). Acquisition of the corporate files.
Corporate accounts opening.
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Reputable offshore jurisdiction compliant with modern standards
Excellent tax-effective solution for doing business in Asia or Worldwide
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