Eternity Law International — News — Offshore company in Vanuatu

Offshore company in Vanuatu

Published:
October 6, 2020
Registration 2 325.00 EUR
Renewal 1 095.00 EUR
Directors 1
Corporate tax 0.00%
Paid share capital 0.00
Obligatory accounting No

Vanuatu is a small country located in Oceania. The country is known neither for its attractions, nor for developed tourist industry, so the guests are quite rare here.

However, if anyone visits the Islands, often it is connected with the business. The fact is that Vanuatu is one of the best offshore areas available today.

The country doesn’t have a number of different taxes, there is a possibility of opening companies in 9 different forms of ownership, 8 of which are for foreign activities.

FEATURES OF THE OFFSHORE REGISTRATION

In the Vanuatu law, the concept of “authorized capital” is completely and you shouldn’t make any contributions. Limitation of liability of a legal entity can be carried out using stock, and with the help of safeguards.

There is no requirements for having own office in the Islands, but required registering agent in Vanuatu.

Companies are registered with names in any language, but when you register be sure to provide a translation of the English names. A decision on the appeal is made in 24 hours, it saves time.

As it was mentioned above, there is a possibility to open businesses in the nine forms of ownership. The most popular one is an international company.

The presence of a tax resident in the management team is not required. If necessary, it is possible to use the service of a nominal service.

A mandatory requirement is an annual meeting of shareholders of the company which can be carried out remotely.

It is allowed to open accounts in financial institutions of Vanuatu, but the purchase of land, real estate, commercial transactions with tax residents of the country are prohibited.

Taxation in the islands

The main advantage of Vanuatu is liberal tax policy. Payments benefits are set for 20 years from the date of registration. In particular, non-residents are exempt from the following taxes:

  • income tax;
  • corporate tax;
  • tax on the export of capital;
  • inheritance tax;
  • tax on stock income;
  • revolving tax

The only annual payment is the fee. Its size is $450. In case of default legal entity will be fined and may be punished by exclusion from the register.

If you need to register an offshore company in Vanuatu, our specialists will help you quickly and professionally register a company in Vanuatu. Also, you can buy a ready-made company in Vanuatu. Write to us in the CRM form and we will help you register a company in Vanuatu.

Eternity Law International specialists will provide you with expert advice on acquiring an offshore company, opening a bank account in any jurisdiction, and further accompanying your company’s activities at any stage of the work.

We offer ready-made European and offshore companies – re-registration of documents for new owners takes 2 days.

If you have any questions or need advice on the registration or purchase of the company, please call us at the numbers on the website or write to us at the CRM form located at the bottom of the page, our specialists will answer you online.

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