Vanuatu located at the southwest of Pacific Ocean, east of Australia, west of Fiji, with a total area of 14,700 square kilometers, which is one of the offshore financial centre in southern Pacific Ocean region. Vanuatu’s International Company Act 1993 and its tax law set a flexible system for the investors of Vanuatu International Companies (“VIC”) and therefore Vanuatu is a tax haven, similar to those “BVI”, Cayman Islands, Bermuda, Jersey, etc. Vanuatu has been named in the “White List” countries of the Organization for Economic Cooperation and Development (OECD) on the report dated 21 June 2011. The personal information of the shareholder/director of “VIC” keeps condifential and not disclosed to public. The Register of Shareholders /Register of Directors should be kept in the registered office of the Companies in Vanuatu. Shares can be issued in registered form or in bearer form. Shareholder can be any a natural person or a corporate entity who can also be a director of the Company.
Standard requirement for Vanuatu International Company
|Proposed company name||Both English and Chinese are acceptable|
|Standard authorised share capital||No limitation General is US$100,000|
|Minimum share capital||US$1|
|Minimum shareholder||1 Natual person or legal entity|
|Minimum director||1 Natual person or legel entity|
|Company Secretary||Not compulsory|
Company name can be Limited、Corporation、Incorporated、Societe Anonyme or Socieded Anonima or any short form of the above. Company name cannot be Assurance、Bank、Building Society、Chamber of Commerce、Chartered、Cooperative、Imperial、Insurance、Municipal 、Royal or Trust, etc, unless special approval is obtained by relevant governmental bodies.
Advantage of Vanuatu International Company