Vanuatu recognizes
two main types of entities, which are the international business company and
the domestic business company. The first is basically a standard IBA modelled
on the major offshore jurisdictions and only allows the corporations to trade
internationally. It is extremely easy to establish these types of companies
which do not require accounts or local directors.
The second
allows the company to trade locally, invest in real estate and undertake
business both domestically and internationally. It is in many ways more
flexible but takes more effort to establish. However, without going into much
detail, if properly established, it will contribute to the creation of
relationships with local banks, thus facilitating the acquisition of loans and
trading relationships.
Since Vanuatu does not recognize income tax, both entities do not pay any tax on profits (there is value added tax on certain internal transactions such as rental income, however).
Vanuatu International Companies (IC)
Thanks to everything
we have described, it has become very clear that Vanuatu is the ideal
jurisdiction to incorporate an international business company, which can be
used for asset protection, trading, leasing, IP holding, banking company, etc.
Vanuatu is a
natural tax haven, as it doesn´t apply taxes. In Vanuatu there is no income,
corporate, property, succession or duties tax. This is undoubtedly a great
chance to prevent tax erosion and to protect someone’s hard-earned capital. In
Vanuatu there are no foreign exchange controls nor there are capital gains or
inheritance taxes.
If you register
an IBC on this beautiful island you´ll be surprised to find that the
requirements are flexible. Directors and shareholders meetings can take place
anywhere in the world and in whatever way it is considered necessary or
convenient for them.
An IBC in
Vanuatu can be registered with only one Director and shareholder and there is
no authorized capital required. This means that the company can issue as many
shares as it considers necessary according to the its business model.
One important
thing to consider is that the IBCs, no matter how flexible the legislation is,
are still required to keep a proper set of accounts in order to reflect the
company´s financial position.
The legislation
still presents more flexibility than in most countries because Vanuatu doesn’t
require to file audited accounts and it doesn’t require to appoint an auditor
either.
The company´s
accounting records can be kept anywhere in the world.
If you wish to incorporate
an international business company in Vanuatu, all you have to do is contact our
experts and ask for a consultation.
Our services include:
Ø Certificate of
Incorporation,
Ø Constitution,
Ø Provision of Registered
Agent and Register Office for 1 year,
Ø Register of Director,
Ø Register of Shareholder,
Ø Share Certificate,
Ø Common Seal.
Thereafter on the anniversary
date of incorporation (ADI, the annual company maintenance services) are as
follows:
Ø Provision of Registered
Agent and Register Office to the next ADI
Ø VFSC Annual Registration
Renewal fee
If you want to have your
company up and ready for business in only a week, all you need to send us is a
clear scanned copy of the passports of all principals of the company, i.e.
shareholder, directors, etc. It is also necessary to present a utility bill as
a proof of address for each person.
After the documents have been received and the fees and services properly paid, your company will be ready between 2 and 7 days.
$170,000
$2,500,000
$350,000
$1,400,000
$395,000
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