Focus on Vanuatu investment immigration, focus on Vanuatu law;
Introduction
The Republic of Vanuatu covers an area of 11,000 square kilometers. Located in the UTC+11 time zone in the Southwest Pacific, it faces Fiji, Australia, New Zealand, and the Solomon Islands. It belongs to the Melanesian island group and consists of approximately 80 islands, with Efate being the main island. The north has a humid tropical climate, while the south has a subtropical climate. The population is 193,200, of which 95% are ni-Vanuatu. The official languages are English and French, and the common language is Bislama. 84% of the population practices Christianity. Port Vila is the capital and the center for commerce and tourism. Major resources include fisheries, timber, and minerals.
Tax System
There are no tax rates or stamp duties.
Registration Advantages
The investment advantages of conducting offshore investment by registering an international company in Vanuatu are as follows:
• The Vanuatu tax system is very favorable. There is no income tax, business tax, capital gains tax, or inheritance tax in Vanuatu, and there are no foreign exchange controls. Funds can be freely converted into various major currencies and flow freely.
• Vanuatu has very strong professional institutions such as financial centers, which can provide comprehensive professional services in accounting, international banking, trusts, as well as insurance and telecommunications.
• The labor cost in Vanuatu is very reasonable, with a well-trained and low-cost labor force; transportation is relatively convenient, mainly relying on sea and air transport; each investor can obtain at least 2 residence permits and work permits (for investments of no less than $50,000 USD).
Statutory Requirements
• Shareholders: At least one, can be a company, does not need to be a resident.
• Directors: At least one, can be a company, does not need to be a resident.
• Registered Agent: Must be a trust company established in Vanuatu.
• Registered Office: Must be in Vanuatu, and the company's statutory documents must be kept there.
• Share Capital: No minimum limit; the common currency is the Vatu.
• Shares: Can be registered or bearer shares.
• Accounting and Audit: Optional.
• Domicile: Foreign companies can change their domicile to Vanuatu, or from Vanuatu to other legal jurisdictions.
Required Documents• Proposed English company names (preferably three)
• Notarized copies of ID cards or passports of company shareholders and directors (at least one)
• Proof of current residential address (telephone bill or bank statement issued within the last three months)
• Share allocation ratio of company shareholders;
• Bank deposit credit reference (provide proof from an international bank or a well-known Chinese bank if possible, including the bank deposit amount and the duration of the account opening)
Note: When providing the above documents, you must also fill out the "Client Information Form".
Items Received
• Certificate of Incorporation (CI)
• Company documents
• Company shares (SHARES)
• Memorandum and Articles of Association (M&A)
• Company rubber stamp, company seal
Registration Time
15-20 working days from the date of receipt of the advance payment and all signed documents.
Registration Procedure
Check if the company name is available - Provide required registration documents - Pay the deposit - Sign the contract - Company formation completed - Pay the balance - Collect company documents