Vanuatu Foreign Mutual Fund
Vanuatu revamped the Mutual Funds Act in 2005 to offer a competitive edge to established Mutual Funds and administrators in the world. The Act provides for the licensing of Mutual Funds and mutual fund administrators.
Key Features
A Foreign Mutual Fund License is a mutual fund that is constituted outside Vanuatu and operates in Vanuatu. The fund must have a mutual fund administrator in Vanuatu that will be providing an office in Vanuatu for the fund.
Legal Requirements
Requirements | Description |
General | |
| Vanuatu International Company, Partnership or Unit Trust |
| USD 250 |
| USD 1,000 |
| No |
Share capital or equivalent | |
| None |
| None |
Directors | |
| 2 |
| Yes |
| No |
Service Providers Required | |
| Yes (from anywhere) |
| Yes (from anywhere) |
| Yes |
| Yes |
Tax Treatment
Vanuatu has no income tax, capital gains tax, tax on wealth, estate duty or inheritance tax.
Duration to Set Up
About 4 weeks
Distinctive Benefits of Licence
- Ease and speed of establishment
- Friendly regulatory environment
The Valsen Advantage
- End to end comprehensive service
- Speedy and efficient service
- Expert advice on structuring options
- Dedicated ongoing compliance support
- Extensive network pool of service providers