Trust managers in Vanuatu need to be incorporated as ‘local’ companies under the Companies Act since International Companies are not permitted to engage in trust management activity, although they can hold the shares of a company that does. In Vanuatu there is no income or corporation tax, no capital gains tax, no VAT or sales tax, and no withholding tax.

Key Features

Vanuatu Offshore Trust

Corporate Details

General

  • Type of entity

Offshore Trust

  • Type of law

Follow English law

  • Our time to establish a Trust

2 weeks

  • Taxation of trust assets

None

  • Change of Domicile permitted

Yes

  • Registered Office

Yes

  • Duration

80 years

  • Corporate Officers

Minimum of 2

  • Restriction on Investment of Trust asset

No

  • Exchange control

None

  • Succession

As per Trust Deed

  • Settlor

Must be non-resident of Vanuatu

  • Property

No property situated in Vanuatu can be part of the Trust asset

  • Jurisdiction

Vanuatu Supreme Court

  • Forced heirship applicable

No

Trust asset

  • Restriction on type/amount

No, except property situated in Seychelles

 Trustee   

  • Minimum number

1 if corporate and 2 or more if not corporate

  • Qualification

Minimum one Vanuatu resident

Accounts

  • Requirement to file

No

  • Publicly accessible

No