Main characteristics of Vanuatu Company
Updated time: Jul 13, 2020, 13:29 (UTC+07:00)
| Company type | International Company (IC) |
| Governing corporate legislation | Vanuatu Financial Services Commission |
| Information published relating to company officers | NO |
| Confidentiality | No public registry filing or record accessibility for Vanuatu IBCs |
| Accounting requirement | No accounting / reporting requirements.** |
| Taxation | No taxes of any sort. |
| Legislation | International companies Act of Vanuatu |
| Standard currency | Vatu |
| Time to form | 3 to 4 days* |
| Stability | Vanuatu is a small island uniquely positioned, Vanuatu is determined to preserve the economic growth and stability which makes it an excellent choice for business for clients. Our clients can hence benefit from the tax-friendly regulatory framework where there is no direct taxation in the country. |
| Communication | Efficient communication means. |
| Time zone | GMT +11 |
| Secretary required | Yes |
| Paid up capital requirement | Standard authorised capital: USD 10,000.00 Minimum paid up: USD 1 |
| Basis of legal System | Under Common Law. |
| Minimum directors/shareholders | Minimum of 1 director/shareholder |
| Bearer shares | No |
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