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