Vanuatu is a true tax haven; neither people nor companies are subject to direct taxes. In Vanuatu, offshore businesses are promised 20 years of complete tax exemption and are only required to pay a $300 yearly charge. In addition, companies can choose to become long-term companies by paying renewal fees of USD 1,000 for a 5-year company, USD 1,500 for a 10-year company, and USD 2,500 for a 25-year firm (20-year Company).
A term or abbreviation must indicate limited liability in the business name, such as Ltd., Corp., Inc., S.A., S.R.L., B.V., Sdn Bhd, GmbH, etc. Any language may be used for the name.
However, Vanuatu company registration cannot contain any terms relating to financial services, such as a bank, trust, or insurance, nor can it have any words referring to a public entity, such as a foundation or charity.
Directors of Vanuatu offshore businesses must ensure that any distributions do not impair the company's capacity to pay its debts since failing to do so might result in personal responsibility for the directors.
Vanuatu Offshore Company Formation
There is no public registry filing hence no records are disclosed upon company formation
The companies in Vanuatu are exempted from corporate tax
Minimum Shareholders and Directors
The requirement to file accounts
No accounting requirements for offshore companies
The requirement to hire a company secretary
Offshore Banking Partners
How long does it take for company registration in Vanuatu?
With the help of BSW, setting up an offshore business in Vanuatu usually takes 5 days.
What is the governing corporate legislation in Vanuatu?
The companies in Vanuatu are regulated by the Vanuatu Financial Services Commission.
Does Vanuatu offer stability for businesses?
The Republic of Vanuatu has an excellent economic growth rate with
Is information related to company officers published publically?
No, the company details are not publically accessible thereby ensuring privacy for shareholders and directors.
Is filing annual returns compulsory for offshore companies?
No, filing annual returns is not compulsory for companies in Vanuatu.