Vanuatu Company Formation
Vanuatu Company Formation: Offshore Business Setup in a Tax-Free Jurisdiction Main Characteristics and the basic rules of Company registration in Vanuatu
Vanuatu Offshore Company Formation with BRIS Group
BRIS Group provides professional Vanuatu company formation services for entrepreneurs and international investors seeking a flexible and tax-efficient offshore jurisdiction. Establishing a Vanuatu International Business Company (IBC) offers limited liability protection, strong confidentiality, and favorable tax benefits, making it an ideal choice for global business operations. Our specialists manage the full Vanuatu company registration process remotely, including corporate banking support, compliance, and ongoing administration, ensuring your offshore company in Vanuatu is fully compliant and ready for international growth.
Your Guide to Offshore Success: Vanuatu Company Formation
Vanuatu, a Pacific island nation known for its political stability, privacy laws, and zero-tax regime, has become one of the most sought-after destinations for offshore company formation. With a modern legal framework designed to attract foreign investors, Vanuatu company formation offers a cost-effective and flexible way to establish an international business presence.
This guide explains everything you need to know about forming an offshore company in Vanuatu — from its advantages and legal requirements to taxation, incorporation procedures, and timelines.
Why Choose Vanuatu for Company Formation?
Vanuatu has earned global recognition as a premier offshore financial jurisdiction thanks to its investor-friendly policies, strong confidentiality laws, and streamlined incorporation procedures.
Key Benefits of Vanuatu Company Formation
- Zero Corporate Tax: No corporate, personal, withholding, capital gains, or inheritance tax.
- Full Foreign Ownership: Non-residents can own 100% of the company.
- Confidentiality: Vanuatu offers a high degree of privacy and asset protection.
- Fast Incorporation: Companies can be established in as little as 24–48 hours.
- No Exchange Controls: Full freedom to move capital and profits internationally.
- Low Maintenance Costs: Annual fees and accounting requirements are minimal.
- Stable Legal Framework: Based on English common law, ensuring transparency and predictability.
- Reputable Offshore Jurisdiction: Recognized worldwide as a credible tax-neutral environment.
Types of Companies in Vanuatu
Vanuatu’s Companies Act [CAP 191] and International Companies Act [CAP 222] provide several options for company incorporation, though the International Company (IC) is the most common structure for non-residents.
|
Company Type |
Description |
|
International Company (IC) |
The most popular type for offshore business. Offers full foreign ownership, privacy, and tax exemption for 20 years. |
|
Local Company |
Used for domestic business operations within Vanuatu. |
|
Limited Liability Company (LLC) |
Provides limited liability to members and is suitable for SMEs and holding companies. |
|
Exempt Company |
Designed for non-resident investors conducting business outside Vanuatu. |
|
Trusts and Foundations |
Ideal for asset protection, wealth management, and estate planning. |
Advantages of Vanuatu Company Formation for Non-Residents
|
Feature |
Benefit |
|
100% Ownership |
No requirement for local shareholders or directors. |
|
No Accounting Obligations |
Companies are not required to file annual financial statements. |
|
Nominee Services Allowed |
Nominee directors and shareholders can be used for added confidentiality. |
|
Quick Formation |
Incorporation can be completed in 1–2 business days. |
|
Long-Term Tax Exemption |
Companies are guaranteed 20 years of tax exemption by law. |
|
Flexible Business Activities |
Suitable for trading, consulting, e-commerce, and holding structures. |
Requirements for Vanuatu Company Formation
To incorporate a company in Vanuatu, you must provide the following:
- Proposed Company Name: Must be unique and approved by the Vanuatu Financial Services Commission (VFSC).
- Registered Office: A local registered address is mandatory.
- Shareholders: Minimum of one shareholder (individual or corporate).
- Directors: At least one director is required (can be non-resident).
- Company Secretary: Optional but recommended for corporate governance.
- Share Capital: No minimum capital requirement (standard is USD 1,000).
- Memorandum & Articles of Association: Must outline the company’s objectives and management structure.
- Due Diligence Documents: Certified copies of passport, proof of address, and bank reference for each officer and shareholder.
Procedure for Vanuatu Company Formation
Step 1 – Choose Company Type and Name
Select your preferred structure (typically an International Company) and verify name availability with the VFSC.
Step 2 – Prepare Incorporation Documents
Draft and sign the Memorandum and Articles of Association and gather KYC documentation.
Step 3 – Submit Application to VFSC
File the incorporation application along with the registration fee and due diligence documents.
Step 4 – Receive Certificate of Incorporation
Upon approval, the VFSC issues the official Certificate of Incorporation — usually within 24–48 hours.
Step 5 – Open an Offshore Bank Account
Set up a corporate bank account in Vanuatu or another offshore jurisdiction for business operations.
Step 6 – Begin Operations
Once incorporated and banked, the company is ready to trade internationally.
Timeframe for Company Registration in Vanuatu
|
Stage |
Process |
Timeframe |
|
Name Reservation |
VFSC name approval |
1 business day |
|
Documentation |
Preparation and notarization |
1–2 business days |
|
Registration |
Submission and approval |
1 business day |
|
Total |
Average timeframe for full incorporation |
2–4 business days |
Vanuatu Corporate Tax System
Vanuatu’s tax regime is one of the most attractive in the world, providing complete tax exemption for international companies.
Key Features of the Vanuatu Tax System
- Corporate Income Tax: 0%
- Capital Gains Tax: 0%
- Withholding Tax: 0%
- Inheritance Tax: 0%
- Stamp Duty on Shares: None
- Exchange Controls: None
- Tax Exemption Guarantee: 20 years under the International Companies Act
Vanuatu companies must, however, comply with basic Economic Substance Requirements (ESR) if conducting specific types of business activities.
How We Can Help You
Our professional team offers comprehensive support for seamless and compliant Vanuatu company formation.
Our Services Include
- Consultation on company structure and jurisdiction benefits
- Company name reservation and VFSC registration
- Preparation and notarization of corporate documents
- Provision of registered office and local agent services
- Assistance with offshore bank account opening
- KYC and compliance support
- Tax and legal advisory
- Annual maintenance and renewals
Start Your Vanuatu Company Formation Today
Setting up a company in Vanuatu is one of the fastest and most efficient ways to expand internationally while enjoying zero taxation, full privacy, and global flexibility.
Whether you’re looking to establish a trading company, holding structure, or asset protection vehicle, our experts will manage every step of the process — ensuring full compliance and long-term success.
Contact us today to begin your Vanuatu company formation and leverage this world-class offshore jurisdiction for your international business growth.
Start Your Vanuatu Company Formation Today
Questions & Answers
1. What is Corporation Tax in Vanuatu?
Vanuatu does not impose a corporation tax. This allows businesses to operate without the burden of corporate income tax, making it an attractive destination for investors. However, companies must comply with other statutory requirements.
2. Is there an Income Tax in Vanuatu?
No, Vanuatu does not have an income tax for individuals. Residents and non-residents are not liable for personal income tax, which contributes to the country’s appeal as a low-tax jurisdiction for expatriates and investors.
3. What is the VAT tax in Vanuatu?
Vanuatu levies a Value Added Tax (VAT) at a standard rate of 15%. This tax applies to goods and services provided in the country, and businesses are required to register if their turnover exceeds a certain threshold.
4. Are there any taxes on dividends in Vanuatu?
Vanuatu does not impose a tax on dividends. This means that shareholders receive their profits without the reduction of dividend tax, enhancing the attractiveness for foreign investors seeking to repatriate profits.
5. What other taxes exist in Vanuatu?
In addition to VAT, Vanuatu has other minor taxes, including stamp duties and customs duties on certain imports. However, there are no capital gains taxes or estate taxes, further solidifying Vanuatu’s reputation as a favourable tax environment for businesses and individuals.
Learn more: Visit our Full Vanuatu FAQ page
or contact our tax and company formation team at[email protected]
What is an offshore company in Vanuatu?
An offshore company in Vanuatu is a business entity registered in Vanuatu that primarily conducts business outside of the country. These companies benefit from Vanuatu’s favourable tax regime, confidentiality provisions, and minimal reporting requirements, making it an attractive option for international investors and entrepreneurs looking to protect their assets and enhance privacy.
What are the benefits of forming an offshore company in Vanuatu?
Forming an offshore company in Vanuatu offers various advantages, including tax optimization, asset protection, and privacy. Vanuatu does not impose corporate taxes on profit generated outside the country, which can significantly reduce tax liabilities. Additionally, Vanuatu’s laws provide a high level of confidentiality, protecting the identities of shareholders and directors, while the simple regulatory framework allows for easy compliance.
What are the requirements for forming an offshore company in Vanuatu?
To form an offshore company in Vanuatu, you typically need at least one shareholder and one director, who can be the same person. There are no residency requirements for shareholders or directors, and corporate entities can also serve as shareholders. It’s important to prepare necessary documents, such as a company name, articles of association, and identification proof for the owners and directors.
How long does it take to set up an offshore company in Vanuatu?
The process of setting up an offshore company in Vanuatu is relatively quick and can often be completed within 5 to 10 business days. Factors that can affect the timeframe include the completeness of the documentation provided and the responsiveness of the authorities. Engaging a local agent can expedite the process and ensure compliance with local regulations.
Are there any ongoing obligations for Vanuatu offshore companies?
Vanuatu offshore companies have minimal ongoing obligations. They are not required to file annual tax returns or financial statements, which makes them attractive for business owners looking to minimize administrative burdens. However, companies must maintain a registered office in Vanuatu and ensure that their local agent is easily reachable, as well as comply with any legal changes that may arise.
Can I open a bank account for my offshore company in Vanuatu?
Yes, you can open a bank account for your offshore company in Vanuatu. Many banks in the region offer services tailored for offshore companies, providing features such as multi-currency accounts and online banking capabilities. However, banks typically require comprehensive documentation, including proof of company registration, identification of directors and shareholders, and a description of the company’s business activities.
Learn more: Visit our Full Vanuatu FAQ page
or contact our tax and company formation team at[email protected]
This publication is provided for information purposes only. This info should not be treated as a substitute for a tax or legal consultation or legislation. You should not act on the basis of the information contained in this publication without having obtained individual advice from the professional expert.
BRIS GROUP does not assume responsibility for any damage resulting from decisions made by the reader on the basis of this publication.
About Vanuatu
Country: Vanuatu
Capital: Port Vila
Continent: Oceania
Language: English, Bislama
Currency: Vanuatu vatu (VUV)
Time Zones: GMT +11
Dial Code: +678
Abbreviations: VUT
Helping Your Company Thrive in Vanuatu With us, starting and running a business in Vanuatu will be easy and efficient!
- Full support of the company’s registration in Vanuatu: from the preparation of documents to their submission.
- Remote registration: all processes are online, wherever you are.
- Secretary and Treasurer: we can take on these important roles.
- Nominal directors and shareholders: we will ensure the confidentiality of your information.
- Help in opening a bank account: we will simplify this complex process.
- Registration for taxes, VAT and EORI: ensure all requirements are met.
- Website development: we will create a professional online representation for your business.
- Logo creation: we will design a unique and memorable logo for your brand.
- Full administrative support of the company: we will take over routine tasks.
- Mailing address organization: we provide a reliable mailing address for your business.
- Organization of the virtual office: we will ensure the professional image of your company.
- Telephone answering service: we will answer calls on behalf of your company.
- Accounting, audit and reporting: ensure accurate and timely accounting.
- Preparing and filing a VAT declaration: let’s save you the trouble.
- Interaction with local authorities: take over communication with state institutions.
- Trademark registration: protect your brand.
- More Emphasis on Customer Input.