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Vanuatu
Jurisdictions

Location
in the South Pacific Ocean
Area
12 200
Population

202 609

Capital
Port Vila
Language
English, French, Bislama
Currency
Vatu, USD1 = VUV147
Types of companies

International Company (CI) and Exempt Company (EC)

Minimum authorised share capital
CI - not fixed, EC - USD 10,000
Paid capital
not fixed
Minimum number of shareholders
CI – one, CE – two, individuals or corporate
Minimum number of directors
one, individual or corporate, resident or not, for CE – one resident director
Nominee services
available
Bearer shares

available

Public disclosure of beneficial owners
no
Taxation

annual license fee of USD 300 for CI and USD 450 - CE

Submit annual return and accounts
CI – no, CE - yes
Annual audit

required for banking or insurance activity

Shelf companies
not available
Time to supply documents
3 weeks
Need to travel
no
Additional information

Hague Convention of 1961 applies

 

Jurisdictions

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FAQ
What is offshore?

The word "offshore" has no precise legal dictionary definition, it simply means "situated or operating in a foreign country or at some distance from the shore" and reflects the fact that most low tax jurisdictions are islands.

read more >>

Portfolio of Laws
- BVI - Trustee (Amendment) Act, 2003

- Cayman Islands - The Companies Law (CAP.22) - (2002 Revision)

- Cyprus - The Income Tax Law of 2002

more laws >>

Comparison Table >>
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