Vanuatu Company Formation

Sometimes, the best way to expand your business’s customer base is expanding operations into a new country. Choosing the suitable destination may seem tedious though. You may not always go for large and very popular countries. Contrary to what you may think, selecting smaller and relatively lesser known countries can actually be viable in this context. The republic of Vanuatu is ideal and it can be your choice. Situated in South Pacific Ocean –it is an island country. After being ruled by the Spanish and Portuguese for some centuries, the island became a republic in 1980. You should try our Vanuatu Company Formation service.

When you plan to take your venture to overseas locations, analyzing economic scene and banking system is necessary. The banking system in the country is ideal for doing businesses. It has quite a number of international and a few domestic banks.

Analysis of the prevalent taxation setup is necessary when you eye a country for business setup or expansion. The good thing about Vanuatu is that it does not have income tax, withholding tax and capital gain tax. Any company hailing from another country and having global operations gets exemption from paying taxes for 2 decades.

The majority of inhabitants in the island speak English and this is ideal for setting up business. The norms for setting up ventures in the country are relaxed and you will not have to spend a lot of time for wrapping the documentation and all formalities. The FSC approval is required for obtaining a business license in the country. There are just 2 legislation acts in place to manage all types of international businesses. These are all quite helpful for starting business in the country but you will benefit a lot by seeking our Vanuatu Company Formation service.

As a matter of fact, you can gain by setting up many types of businesses in Vanuatu. The foreign companies already operating here mostly deal with niches like financial services, tourism, agriculture etc. However, companies belonging to other sectors can also prosper here. Companies dealing with IT and media have chances of tasting success here. Several Reality TV shows have been shot here- as it is.

The fact that Vanuatu is a tax haven may encourage you to take operations there. However, consultation of an expert agency may quicken things and reduce delay. Contact the BRIS group for such needs. Our Vanuatu Company Formation service will come in handy.