Vanuatu International Company
When it comes to offshore businesses and tax havens, Vanuatu ranks among the most popular. Vanuatu International Companies have been exempt from taxes for over 2 decades. The IBCs were incorporated by the Vanuatu International Companies Act in 1992. This legislation is very similar to other IBC laws around the world. The government is keen in protecting this tax haven industry since as of 2015 it provided about 15% of Vanuatu’s GDP. International Companies don’t pay domestic taxes from their net chargeable profits. The International Companies Act exempts your international business and shareholders from business licence fees, tax on income, capital gains and also stamp duty.
Key Features
Vanuatu International Company |
Corporate Details |
General |
|
|
Vanuatu International Company |
|
English Common Law |
|
Yes |
|
No |
|
2 Business days |
|
Nil |
|
None |
Share capital or equivalent |
|
|
Vanuatu vatu (VUV |
|
Any |
|
N/A |
|
N/A |
Directors |
|
|
1 |
|
No |
|
No |
|
Anywhere |
|
Yes |
Members |
|
|
1 |
|
No |
|
Yes |
|
Anywhere |
Company Secretary |
|
|
N/A |
|
N/A |
Accounts |
|
|
Yes |
|
No |
|
No |
|
No |
Other |
|
|
Yes |
|
Yes |
Advantages
- Exemption from all local taxes and stamp duty
- Maximum confidentiality and anonymity
- Ease of operation, maintenance and control
- Asset security
- No disclosure or minimum capital requirements
- Excellent and flexible post-incorporation follow-up services
- No statutory requirement to hold annual general meetings
- Highly competitive fees and costs
The Valsen Advantage
- Speedy, Efficient and consistent Services.
- Relentless effort to obtain bank accounts.
- Expert advice on structuring options.
- Dedicated ongoing compliance support.