There are two popular Vanuatu company types:
Time of a Vanuatu company formation takes 2-3 days
Publicly Accessible Records: No public register of company officers (Directors, Shareholders, Secretary)
Nominee Shareholders and Nominee Directors: Yes, Allowed
Disclosure of Beneficial Ownership to Authorities: No
Meetings of Directors and Shareholders to be held: Anywhere
Stability: Stable jurisdiction and exceptionally good reputation.
Taxation: No taxes
Double Taxation Treaty Access: Treaty Access (some countries)
Account Filing Requirements: No accounting / reporting requirements
Annual Return Filing Requirements: No annual return/ reporting requirements
Audit Requirements: No audit required.
Share Capital: Standard authorised share capital US$10,000.
Classes of Share Available for a Vanuatu company formation: Shares with or without voting rights, redeemable shares, registered shares, preference shares, shares of no par value
Bearer Shares: Not Allowed
Registered Office Required: Yes required and must be maintained in Vanuatu
Shareholders: Minimum number is one
Directors: Minimum number is one. Can be any nationality and need not be resident in Vanuatu. Corporate directors are allowed.
Your Company language: English
Name of your Company must be ended: Limited, Ltd, Corporation, Corp, Incorporated, Inc, Pty Ltd, Sendirian Berhad, Sdn Bhd, Societe a Responsabilite Limitee, SARL, Besloten Vennootschap, B.V., or Gesellschaft mit beschrankter Haftung, GmbH;
Documents required for a Vanuatu company formation: A certified copy of your passport or ID and proof of your residential address dated less than 3 months.
For a Vanuatu company formation you cannot use words in your company names without justification: “Bank”, “Trustee Company”, “Assurance”, “Building Society”, “Trust Company”, “Royal” etc.
Restrictions on Trading: Not permitted to trade within Vanuatu
Not permitted without a licence: Fund management, insurance, Banking, reinsurance, assurance, trust management, collective investment schemes, trusteeship business provision.
Capital: Pota Vila
Region: Vanuatu is a group of islands which are in the shape of a Y, located in the South Pacific Ocean
Political System: Parliamentary
Governing corporate legislation: The Companies Act (Cap 191), The International Companies Act 1992 (No. 32)
Type of Law: Common
Currency: Vanuatu vatu (VUV)
Exchange Control: None
Language of Legislation and Corporate Documents: English
Time zone: GMT+11
Tax Information Exchange Agreement (TIEA): Australia, Denmark, the Faroe Islands, Finland, France, Greenland, Grenada, Iceland, Ireland, Korea (Republic of), New Zealand, Norway, San Marino, Sweden.
BRIS GROUP will be happy to provide you with information, quotation and services.
For legal persons (Companies/Foundations)
For natural person Identity:
2) Residential address confirmation:
More detailed information about documents requirements please find here